FIRST FARMERS&MERCHANTS NB
FAIRMONT, MINNESOTA · FDIC Cert #33131
Capital & Safety Analysis
According to FDIC financial data, FIRST FARMERS&MERCHANTS NB holds a Tier 1 capital ratio of 11.55%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST FARMERS&MERCHANTS NB has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
FIRST FARMERS&MERCHANTS NB shows strong financial health indicators. With $137M in assets and a Health Score of 72/100, 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&MERCHANTS NB has a Bank Health Score of B (72/100). It holds a Tier 1 capital ratio of 11.55%, 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&MERCHANTS NB holds $137M in total assets and $105M in total deposits. It is located in FAIRMONT, MINNESOTA (FDIC Certificate #33131).
FIRST FARMERS&MERCHANTS NB has a Tier 1 capital ratio of 11.55%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.21%, and the return on assets is 1.03%.
Yes. FIRST FARMERS&MERCHANTS NB is FDIC-insured (Certificate #33131). 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.