First Farmers & Merchants State Bank of Grand Meadow

First Farmers & Merchants State Bank of Grand Meadow
105 Main St N
Grand Meadow, MN 55936

Status: Active
Concentration:Agricultural Specialization
Established:04/09/1938
FDIC Insurance:10/04/1938
FDIC Cert:#15621
Holden By:215 HOLDING CO
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, ranked #2586
Website:www.ffmbank.com
Total Assets:$93,293,000, ranked #3940
Total Deposits:$84,569,000, ranked #3840
Total Equity Capital:$7,149,000, ranked #4145
Total Domestic Deposits:$84,569,000, ranked #3840
Net Income:$1,703,000, ranked #2944
Quarterly Net Income:$708,000, ranked #2208
Return on Assets:2%, ranked #190
Quarterly Return on Assets:3%, ranked #93
Return on Equity:26%, ranked #255
Quarterly Return on Equity:41%, ranked #65

Financial Information (2023-12-31 and Older)