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First Farmers & Merchants State Bank
Brownsdale, MN · FDIC Certificate #1600 · Chartered 02/0
Total assets
$96.41M
Total deposits
$85.69M
Total equity
$10.21M
Net loans
$69.85M
Branches (offices)
2
Net income (YTD)
$564.00K
Rank: #3,705 of 4,213 U.S. banks by assets · #174 of 221 in Minnesota. Assets changed 0.7% and deposits 7.4% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.18% |
| Return on equity | 11.65% |
| Net interest margin (YTD) | 4.33% |
| Equity to assets | 10.59% |
| Tier 1 leverage ratio | 11.46% |
| Uninsured deposits (share of deposits) | 12.7% |
| Noncurrent loans (share of loans) | 1.31% |
| Net charge-offs (share of loans) | 0.76% |
| Loans to deposits | 81.5% |
| Real estate loans (share of loans) | 66.6% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $46.53M | 66.6% | |
| Commercial & industrial | $10.95M | 15.7% | |
| Consumer / individual | $379.00K | 0.5% | |
| Construction & development | $899.00K | 1.3% | |
| Agricultural | $11.72M | 16.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $97.16M | $80.50M | $444.00K | $13.27M |
| Jun 2023 | $97.40M | $82.53M | $666.00K | $6.81M |
| Jun 2024 | $102.76M | $71.58M | $269.00K | $8.39M |
| Jun 2025 | $95.78M | $79.78M | -$15.00K | $8.65M |
| Jun 2026 | $96.41M | $85.69M | $564.00K | $10.21M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $85.69M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $85.69M.
Similar-sized banks
First National Bank ($96.49M) · The First National Bank Of Germantown ($96.17M)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
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