FDIC Cert #5186 · Luverne, Minnesota · Est. 1931

First Farmers & Merchants National Bank - FDIC Bank Health Profile

A community-scale look at First Farmers & Merchants National Bank's own numbers, pulled straight from its quarterly FDIC Call Report.

Compiled from official public sources by the publisher.
$244M
Total assets
A
Health grade · Excellent
1.14%
Return on assets
13.9%
Tier 1 capital

Data updated July 2026

The verdict

First Farmers & Merchants National Bank earns a PlainBankData health grade of A (87/100), with well-capitalized at 13.90% Tier 1, profitable at 1.14% ROA, efficient (52% cost ratio).

#2,767
largest of 4,313 FDIC banks by assets
36th
percentile by asset size, nationally
13.90%
Tier 1 ratio - above the 10% well-capitalized line
53rd
percentile for profitability (ROA), nationally

This grade is PlainBankData's own interpretation of the bank's Call Report, not an FDIC rating, deposits here stay federally insured to $250,000 per depositor, per category, regardless of grade.

FDIC Call Report plate

Cert 5186 · MN A · 87/100

GRADE-A · MID-PACK · PHOTO-FINISH · TIER1-WELL · TEXAS-CLEAN · ROA-PAR · SIZE-MID · BOOK-FULL

  • GRADE-A A (87/100)
  • MID-PACK #1269/4307
  • PHOTO-FINISH First United Bank &… · MD
  • TIER1-WELL 13.9% Tier 1
  • TEXAS-CLEAN 2.3% Texas
  • ROA-PAR 1.14% ROA
  • SIZE-MID $100M–1B
  • BOOK-FULL 9/9 fields

Nearest health peer outside Minnesota: First United Bank & Trust, MD (±0 health pts)

Instrument codes from this bank’s FDIC Call Report sheet: grade band, health peer rank, photo-finish gap, Tier 1, Texas Ratio, ROA, size band, and book completeness. Not an official FDIC rating.

Health-score neighbourhood around First Farmers & Merchants National Ba…

Lowest and highest poles plus nearest scored peers outside Minnesota, not a full FDIC corpus board reprint.

Morgan Stanley Bank,… · UT ·…100/100Farmers Bank of Nort… · MO ·…87/100First Farmers & Merc… · MN ·…87/100First United Bank &… · MD · …87/100GNBank, National Ass… · KS ·…87/100South Central Bank,… · KY · …87/100Tioga-Franklin Savin… · PA ·…0/100
PlainBankData health composite · neighbourhood around First Farmers & Merchants National Ba… · July 2026

Call Report read for First Farmers & Merchants National Ba… in a high-failure state

First Farmers & Merchants National Bank (FDIC Cert #5186) carries a PlainBankData health grade of A at 87/100, built only from this bank's own Call Report Tier 1 capital, ROA, Texas Ratio, and efficiency inputs. On the scored corpus it sits at health rank #1,269 of 4,307. Tier 1 capital prints at 13.90%, clearing the 10% well-capitalized line. The Texas Ratio is 2.33%, inside the sub-50% band analysts treat as healthy. Return on assets is 1.14%. Balance-sheet scale is $244M, 2,767th of 4,313 FDIC-insured banks by assets. The nearest cross-state health peer is First United Bank & Trust (MD), tied on the composite. These are instrument codes from the Call Report sheet, not an official FDIC CAMELS rating, and insured deposits stay protected to $250,000 per depositor per ownership category regardless of grade. Compare the plate stamps against the score breakdown and the health-score neighbourhood before treating any single ratio as decisive.

State failure history around First Farmers & Merchants National Ba…

24 FAILURE resolutions in Minnesota since 2000, heavy vs the state corpus

First Farmers & Merchants National Bank sits in one of the heavier post-2000 FAILURE states (24 resolutions; latest year 2014). The list below is state history from the Failed Bank List, not a claim about First Farmers & Merchants National Bank's current Call Report.

  • NORTHERN STAR BANK MANKATO, MN 2014 → BANKVISTA
  • 1ST REGENTS BANK ANDOVER, MN 2013 → FIRST MINNESOTA BANK
  • FIRST COMMERCIAL BANK BLOOMINGTON, MN 2012 → REPUBLIC BANK & TRUST COMPANY

Source: FDIC Failed Bank List (resolution_type=FAILURE only; ASSISTANCE excluded). See the depositor failures guide and Minnesota banks.

How First Farmers & Merchants National Bank's 87/100 score adds up

Each factor is scored from this bank's own FDIC Call Report figures, then summed to the composite health score.

0/100100/100National avg77/10087/100
First Farmers & Merchants National Bank's composite health score
Tier 1 Capital Ratio (13.90%) 35/40
Return on Assets (ROA) (1.14%) 20/25
Texas Ratio (2.33%) 20/20
Efficiency Ratio (52.47%) 12/15

87 of 100 points earned across four weighted factors. See our methodology for the full scoring formula.

Balance sheet at a glance

Total Assets

$244M

Total balance-sheet footings

Total Deposits

$215M

Customer-funded liabilities

Net Loans

$178M

Outstanding loan book

Net Income

$3M

Bottom-line earnings

Capital adequacy vs federal thresholds

0% 3% 6% 9% 12% 15% 18% CET1 (≥6.5% req.) Tier 1 (≥8.0% req.) Total (≥10.0% req.) 12.5% 13.9% 15.3%
Basel III capital ratios - First Farmers & Merchants National Bank

Where First Farmers & Merchants National Bank ranks

Every one of the 4,307 FDIC-insured banks with a computed health score, bucketed by score. First Farmers & Merchants National Bank's score of 87/100 falls in the highlighted band.

First Farmers & Merchants National Bank: health score vs. every FDIC-insured bank

0-100 composite health score, FDIC Call Reports

87 Top 29% higher than 71% of 4,307 FDIC-insured banks

0–10: 3 FDIC-insured banks (0%). Below this entry. 10–20: 6 FDIC-insured banks (0%). Below this entry. 20–30: 26 FDIC-insured banks (1%). Below this entry. 30–40: 36 FDIC-insured banks (1%). Below this entry. 40–50: 98 FDIC-insured banks (2%). Below this entry. 50–60: 279 FDIC-insured banks (6%). Below this entry. 60–70: 777 FDIC-insured banks (18%). Below this entry. 70–80: 1,030 FDIC-insured banks (24%). Below this entry. 80–90: 1,237 FDIC-insured banks (29%). This entry sits in this band. 90–100: 815 FDIC-insured banks (19%). Above this entry. First Farmers & Merchants National Ba… 0 100 every FDIC-insured bank with a health score, bucketed by value

Each bar is a band; taller bars hold more FDIC-insured banks. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source FDIC Call Reports · July 2026

First Farmers & Merchants National 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 & Merchants National Bank's $244M falls in the highlighted band.

Capital & credit buffers at First Farmers & Merchants National Ba…

Tier 1 capital ratio
Well-capitalized 10%

13.90% of risk-weighted assets - above the federal "well-capitalized" threshold of 10%.

Tier 1 Capital Ratio
13.90%
Texas Ratio
2.33%
Equity Capital
$25M

What these ratios mean →

Earnings posture at First Farmers & Merchants National Ba…

Return on Assets (ROA)
53rd percentile nationally
1.14%
Return on Equity (ROE)
11.48%
Efficiency Ratio
52.47%

What these mean →

Income & expense at First Farmers & Merchants National Ba…

$12M
Interest Income
$337K
Non-Interest Income
$5M
Non-Interest Expense

Asset quality, Texas Ratio detail

The Texas Ratio compares troubled assets to the capital available to absorb losses. First Farmers & Merchants National Bank reports a Texas Ratio of 2.33% - comfortably in the healthy band; non-performing loans are a small fraction of the bank’s loss-absorbing capital.

Texas Ratio
Caution 50%

2.33% - lower is safer; 100% is the level at which troubled assets equal loss-absorbing capital.

FDIC Failed Bank List → View First Farmers & Merchants National Bank on FDIC BankFind →

Top banks in Minnesota by total assets

Largest banks headquartered in Minnesota
  1. 1
    Ameriprise Bank, FSB $25.3B

    Minneapolis, MN · Grade A

  2. 2
    Bridgewater Bank $5.4B

    Saint Louis Park, MN · Grade A

  3. 3
    Frandsen Bank & Trust $3.7B

    Lonsdale, MN · Grade A

  4. 4
    Stearns Bank $3.3B

    Saint Cloud, MN · Grade A

  5. 5
    Minnwest Bank $3.0B

    Redwood Falls, MN · Grade B

Top 5 banks in Minnesota ranked by total assets · FDIC Call Report Q4 2025.

Nationwide banks with similar total assets

Nearest other-state banks with ≥$10M assets ($244M here), outside Minnesota so the neighborhood is not state containment.

The Tri-County Bank $244M · NE First Bank Hampton $244M · IA Citizens Bank of Eldon $243M · MO Idaho Trust Bank $243M · ID

Source: FDIC BankFind Suite, Call Report (FFIEC 031/041) First Farmers & Merchants National Bank (FDIC Cert #5186) - 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.

First Farmers & Merchants National Bank Call Report profile · FDIC Failed Bank List · Minnesota FAILURE history · Informational only, not financial advice; consult a licensed professional before acting. See the disclaimer and methodology.

Other banks in Minnesota

All Minnesota banks →
BankAssetsGradeROA
Ameriprise Bank, FSBMinneapolis $25.3B A 3.08%
Bridgewater BankSaint Louis Park $5.4B A 0.99%
Frandsen Bank & TrustLonsdale $3.7B A 1.48%
Stearns Bank National AssociationSaint Cloud $3.3B A 1.85%
Minnwest BankRedwood Falls $3.0B B 0.92%
Merchants Bank, National AssociationWinona $2.9B A 1.23%
Tradition Capital BankWayzata $2.6B B 0.71%
Think Mutual BankRochester $2.2B B 0.61%