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BankHealth

FIRST FARMERS BANK&TRUST CO

CONVERSE, INDIANA · FDIC Cert #12839

B
Health Score
75/100
$3.2B
Total Assets
$2.6B
Total Deposits
11.93%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST FARMERS BANK&TRUST CO holds a Tier 1 capital ratio of 11.93%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST FARMERS BANK&TRUST CO has a strong buffer to absorb potential losses.

Key Financial Metrics

0.97%
Nonperforming Loans
Low — healthy loan portfolio
22.66%
Liquidity Ratio
Strong — can meet withdrawal demands
1.19%
Return on Assets
Profitable — earning well on assets
$2.6B
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST FARMERS BANK&TRUST CO shows strong financial health indicators. With $3.2B in assets and a Health Score of 75/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.

Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.

Frequently Asked Questions

FIRST FARMERS BANK&TRUST CO has a Bank Health Score of B (75/100). It holds a Tier 1 capital ratio of 11.93%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.

FIRST FARMERS BANK&TRUST CO holds $3.2B in total assets and $2.6B in total deposits. It is located in CONVERSE, INDIANA (FDIC Certificate #12839).

FIRST FARMERS BANK&TRUST CO has a Tier 1 capital ratio of 11.93%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.97%, and the return on assets is 1.19%.

Yes. FIRST FARMERS BANK&TRUST CO is FDIC-insured (Certificate #12839). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.

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