First Farmers & Merchants State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Brownsdale, Minnesota, established in 02/08/1908. Operating with a focus on Agricultural Specialization, it offers a broad range of financial services across its 2 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, First Farmers & Merchants State Bank reported total assets of $102,614 and manages deposits totaling $77,783 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $1,062 thousands last year. For more details, visit their website at www.ffmbank.com.
Bank Information:
- Bank Name: First Farmers & Merchants State Bank
- Address: 106 W Main St, Brownsdale, Mower, MN, 55918
- Website: www.ffmbank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Agricultural Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 2
- Number of Foreign Offices: 0
- Total Assets: $102,614
- Total Deposits: $77,783
- Domestic Office Deposits: $77,783
Financial Data:
- Net Income (Attributable to Bank): $1,062
Establishment and Record:
- Established Date: 02/08/1908
- Last Recorded Data on: 04/12/2024