First Farmers & Merchants State Bank of Grand Meadow, Detached Facility

Name:First Farmers & Merchants State Bank of Grand Meadow, Detached Facility
Limited Service Facility Office
Location:19 East Main Street
Racine, MN 55967

Mower County
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Phone:507-378-5121
Branch Deposit:$4,110,000
FDIC Cert:#15621
Established:1978-08-01


The Bank

Name:First Farmers & Merchants State Bank of Grand Meadow
Concentration:Agricultural Specialization
Established:1938-04-09
FDIC Insurance:1938-10-04
Holden By:215 Holding Co.
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:3, view all, view on map
Website:http://www.ffmbank.com
Total Assets:$68,337,000
Total Deposits:$54,811,000
Total Equity Capital:$7,522,000
Total Domestic Office Deposits:$54,811,000
Net Income:$415,000
Quarterly Net Income:$205,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:11%
Quarterly Return on Equity:11%
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