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BankHealth

FIRST&FARMERS NB INC

SOMERSET, KENTUCKY · FDIC Cert #2738

A
Health Score
88/100
$659M
Total Assets
$577M
Total Deposits
13.48%
Tier 1 Capital
Q2 2024
Report Date

Capital & Safety Analysis

Regulatory Status:Well-Capitalized

According to FDIC financial data, FIRST&FARMERS NB INC holds a Tier 1 capital ratio of 13.48%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning FIRST&FARMERS NB INC has a strong buffer to absorb potential losses.

Key Financial Metrics

0.24%
Nonperforming Loans
Low — healthy loan portfolio
27.05%
Liquidity Ratio
Strong — can meet withdrawal demands
1.21%
Return on Assets
Profitable — earning well on assets
$577M
Domestic Deposits
Total domestic deposits held

What This Means For Your Money

FIRST&FARMERS NB INC shows strong financial health indicators. With $659M in assets and a Health Score of 88/100, 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 NB INC has a Bank Health Score of A (88/100). It holds a Tier 1 capital ratio of 13.48%, 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 NB INC holds $659M in total assets and $577M in total deposits. It is located in SOMERSET, KENTUCKY (FDIC Certificate #2738).

FIRST&FARMERS NB INC has a Tier 1 capital ratio of 13.48%, classifying it as "Well-Capitalized." The nonperforming loan ratio is 0.24%, and the return on assets is 1.21%.

Yes. FIRST&FARMERS NB INC is FDIC-insured (Certificate #2738). 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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