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First Farmers & Merchants National Bank
Luverne, MN · FDIC Certificate #5186 · Chartered 01/0
Total assets
$242.61M
Total deposits
$213.50M
Total equity
$26.36M
Net loans
$182.98M
Branches (offices)
2
Net income (YTD)
$1.55M
Rank: #2,752 of 4,213 U.S. banks by assets · #101 of 221 in Minnesota. Assets changed 7.6% and deposits 8.2% over the year to June 30, 2026.
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Key ratios
| Return on assets (YTD, annualized by FDIC) | 1.26% |
| Return on equity | 12.15% |
| Net interest margin (YTD) | 4.05% |
| Equity to assets | 10.87% |
| Tier 1 leverage ratio | 11.62% |
| Uninsured deposits (share of deposits) | 30.5% |
| Noncurrent loans (share of loans) | 0.85% |
| Net charge-offs (share of loans) | 0.00% |
| Loans to deposits | 85.7% |
| Real estate loans (share of loans) | 51.9% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $95.04M | 51.9% | |
| Commercial & industrial | $25.20M | 13.8% | |
| Consumer / individual | $1.94M | 1.1% | |
| Construction & development | $8.04M | 4.4% | |
| Agricultural | $58.24M | 31.8% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $228.12M | $196.52M | $2.79M | $30.00M |
| Jun 2023 | $224.88M | $185.28M | $2.26M | $18.83M |
| Jun 2024 | $234.43M | $192.79M | $912.00K | $21.56M |
| Jun 2025 | $225.49M | $197.29M | $1.07M | $23.10M |
| Jun 2026 | $242.61M | $213.50M | $1.55M | $26.36M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Minnesota | $213.50M | 2 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $213.50M.
Similar-sized banks
Bankchampaign, National Association ($242.85M) · Center National Bank ($242.60M)
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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