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FIRST FARMERS & MERCHANTS BANK

CANNON FALLS, MN · Supervised by FDIC

Est. 1915FDIC #10,168RSSD: FDIC-10168
Satisfactory

Current rating · Exam: July 2023

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Institution Profile

FDIC BankFind

Address

920 4th St S, CANNON FALLS, MN

County

Goodhue County

Established

June 21, 1915

Total Assets

$473M(latest call report)

Financial Snapshot

As of Q1 2026Call Report / FDIC

Total Assets

$473M

Total Deposits

$426M

Net Loans

$294M

Net Income

$1M

ROA

1.18%

ROE

13.57%

Risk-Based Capital

14.34%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

July 1, 2023

Exam Type

Intermediate Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

9 previous ratings locked — dating back to 1990

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Rating Over Time

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OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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