Total Assets
$1.8B
Total balance-sheet footings
FDIC Cert #1487 · Columbia, Tennessee · Est. 1909
First Farmers and Merchants Bank - FDIC Bank Health Profile
A community-scale look at First Farmers and Merchants Bank's own numbers, pulled straight from its quarterly FDIC Call Report.
- $1.8B
- Total assets
- A
- Health grade · Excellent
- 1.08%
- Return on assets
- 17.5%
- Tier 1 capital
Data updated July 2026
The verdict
First Farmers and Merchants Bank earns a PlainBankData health grade of A (88/100), with well-capitalized at 17.49% Tier 1, profitable at 1.08% ROA, 65% efficiency ratio.
- #652
- largest of 4,313 FDIC banks by assets
- 85th
- percentile by asset size, nationally
- 17.49%
- Tier 1 ratio - above the 10% well-capitalized line
- 49th
- percentile for profitability (ROA), nationally
The grade above reflects PlainBankData's own read of the bank's regulatory filings, not an FDIC judgment, deposit coverage stays at $250,000 per depositor, per category, unaffected by it.
How First Farmers and Merchants Bank's 88/100 score adds up
Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.
First Farmers and Merchants Bank's composite health score
Tier 1 Capital Ratio (17.49%) 40/40
Return on Assets (ROA) (1.08%) 20/25
Texas Ratio (0.87%) 20/20
Efficiency Ratio (65.15%) 8/15
88 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.
Balance sheet at a glance
Total Deposits
$1.6B
Customer-funded liabilities
Net Loans
$999M
Outstanding loan book
Net Income
$19M
Bottom-line earnings
Capital adequacy vs federal thresholds
Where First Farmers and Merchants Bank ranks
Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Farmers and Merchants Bank's score of 88/100 falls in the highlighted band.
First Farmers and Merchants Bank's size among FDIC-insured banks
Every one of the 4,307 FDIC-insured banks with reported assets, bucketed by total-asset scale (note the buckets are powers of 10, most banks cluster in the $100M-$1B range). First Farmers and Merchants Bank's $1.8B falls in the highlighted band.
Safety metrics
Tier 1 capital ratio
Well-capitalized 10%
17.49% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.
Tier 1 Capital Ratio
17.49%
Texas Ratio
0.87%
Equity Capital
$172M
Profitability metrics
Return on Assets (ROA)
49th percentile nationally
1.08%
Return on Equity (ROE)
12.17%
Efficiency Ratio
65.15%
What the numbers say about First Farmers and Merchants Bank
First Farmers and Merchants Bank is an FDIC-insured institution (Certificate #1487) headquartered in Columbia, Tennessee, established in 1909. It holds $1.8B in total assets - 652nd of 4,313 FDIC-insured banks, $1.6B in customer deposits, and $999M in net loans. Its capital position: a Tier 1 ratio of 17.49%, meeting the 10% federal well-capitalized bar, alongside a Texas Ratio of 0.87% that is well inside the healthy sub-50% band. That combination rolls up into a PlainBankData health grade of A (88 of 100), blending Tier 1 capital, ROA, the Texas Ratio, and efficiency. These figures come directly from the bank's quarterly FDIC Call Report.
First Farmers and Merchants Bank sits 12th of 111 banks headquartered in Tennessee by total assets, placing it in the middle tier of the state's banking landscape.
Income & expense breakdown
$68M
Interest Income
$14M
Non-Interest Income
$44M
Non-Interest Expense
Asset quality, Texas Ratio detail
The Texas Ratio compares troubled assets to the capital available to absorb losses. First Farmers and Merchants Bank reports a Texas Ratio of 0.87% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.
Texas Ratio
Caution 50%
0.87% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.
Top banks in Tennessee by total assets
Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Farmers and Merchants Bank (FDIC Cert #1487) - Tier 1 capital ratio, total assets, deposits, ROA/ROE · 2025 FDIC Call Reports filed quarterly; latest publicly-available vintage shown. Health grades are PlainBankData's interpretation of regulatory filings and are not official FDIC ratings.
Other banks in Tennessee
All Tennessee banks →| Bank | Assets | Grade | ROA |
|---|---|---|---|
| First Horizon BankMemphis | $83.6B | B | 1.35% |
| Pinnacle BankNashville | $57.6B | A | 1.25% |
| FirstBankNashville | $16.3B | B | 0.89% |
| Wilson Bank and TrustLebanon | $5.9B | A | 1.38% |
| SmartBankPigeon Forge | $5.9B | B | 1.00% |
| SouthEast BankFarragut | $3.5B | C | 0.68% |
| Home Federal Bank of TennesseeKnoxville | $2.7B | C | 0.21% |
| Builtwell BankChattanooga | $2.3B | A | 2.07% |
Frequently asked questions
What is First Farmers and Merchants Bank's health grade?▼
First Farmers and Merchants Bank receives a health grade of A (88/100) based on four FDIC financial metrics: Tier 1 Capital Ratio (40%), Return on Assets (25%), Texas Ratio (20%), and Efficiency Ratio (15%). This bank demonstrates excellent financial health with strong capital ratios and profitability.
How large is First Farmers and Merchants Bank?▼
First Farmers and Merchants Bank holds $1.8B in total assets and $1.6B in deposits, ranking 652nd of 4,313 FDIC-insured banks by asset size. It is headquartered in Columbia, Tennessee.
Is my money safe at First Farmers and Merchants Bank?▼
Yes, deposits at First Farmers and Merchants Bank (Certificate #1487) are FDIC-insured up to $250,000 per depositor, per ownership category, regardless of health grade.
What is First Farmers and Merchants Bank's Tier 1 Capital Ratio?▼
First Farmers and Merchants Bank has a Tier 1 Capital Ratio of 17.49%. That clears the federal 10% bar regulators use to call a bank "well-capitalized."
What is the Texas Ratio for First Farmers and Merchants Bank?▼
First Farmers and Merchants Bank has a Texas Ratio of 0.87%. Staying under 50% is the level analysts treat as healthy. The Texas Ratio measures non-performing loans against equity and reserves, a higher ratio signals greater exposure to loan losses.
How efficient is First Farmers and Merchants Bank?▼
First Farmers and Merchants Bank has an Efficiency Ratio of 65.15%. Past the 60% mark, a bigger slice of revenue is absorbed by operating costs. This metric compares non-interest expenses to total revenue.
What to do with this
How to read First Farmers and Merchants Bank's profile as a depositor or analyst.
- First Farmers and Merchants Bank's grade reflects capital, profitability, and asset quality, read the four pillars before drawing conclusions. How grades work
- Compare First Farmers and Merchants Bank against other Tennessee banks before moving funds. Tennessee banks
Not financial advice. Health grades are PlainBankData's interpretation of public FDIC Call Report data, not official FDIC ratings or predictions. Verify the latest figures at the FDIC BankFind Suite.
Every figure on PlainBankData is rendered directly from FDIC federal source data, no number is typed in by an editor. Informational only, not professional advice; consult a qualified professional before acting on it. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of Q4 2025.
Disclaimer: Data from the FDIC BankFind Suite. PlainBankData does not rate or rank banks as investment or safety recommendations. Health grades are informational only, computed from public regulatory filings. Always verify current standing directly with FDIC.gov before making financial decisions.