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FIRST FARMERS & MERCHANTS STATE BANK OF GRAND MEADOW

GRAND MEADOW, MN · Supervised by FDIC

Est. 1938FDIC #15,621RSSD: FDIC-15621
Satisfactory

Current rating · Exam: October 2020

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Institution Profile

FDIC BankFind

Address

105 Main St N, GRAND MEADOW, MN

County

Mower County

Established

April 9, 1938

Total Assets

$100M(latest call report)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$100M

Total Deposits

$90M

Net Loans

$71M

Net Income

$316K

ROA

1.28%

ROE

15.43%

Risk-Based Capital

13.24%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

October 1, 2020

Exam Type

Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

7 previous ratings locked — dating back to 1991

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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