First Farmers Bank & Trust Co.
First Farmers Bank & Trust Co. reported total assets of $3.5 bn at Q2 2026, up 5.5% on a year earlier, the 364th largest of 497 banks in our US coverage. The CET1 capital ratio at First Farmers Bank & Trust Co. was 12.82%. First Farmers Bank & Trust Co. held deposits of $3.0 bn. Source: FDIC Call Reports.
Key takeaways
- On common equity tier 1 (CET1) ratio, First Farmers Bank & Trust Co. climbed from 328th to 250th among 448 US banks between and (1 = highest; FDIC Call Reports).
- First Farmers Bank & Trust Co. reports one of the lowest net charge-offs to average loans readings among banks of $1 bn to $10 bn: -0.01% at , where the median of the 339 banks is 0.06% (FDIC Call Reports).
- Since , First Farmers Bank & Trust Co. has taken over one institution; the latest was The Citizens Exchange Bank on (FDIC Call Reports).
What sets First Farmers Bank & Trust Co. apart
How large is First Farmers Bank & Trust Co.?
The balance sheet of First Farmers Bank & Trust Co. at : assets $3.5 bn, deposits $3.0 bn, net loans $2.5 bn (loans equal to 83.83% of deposits). Securities make up 19.9% of total assets at First Farmers Bank & Trust Co.. Since , when First Farmers Bank & Trust Co. held $1.5 bn, its assets grew 135.8%. In the year to , deposits at First Farmers Bank & Trust Co. rose 5.8% while its total assets rose 5.5%. At , First Farmers Bank & Trust Co. employed 442 full-time equivalent staff across 37 offices, about $7.9 mn of assets per employee and $81.9 mn of deposits per office.
How much funding at First Farmers Bank & Trust Co. is uninsured?
At First Farmers Bank & Trust Co., uninsured deposits (above the FDIC limit) made up 30.24% of domestic deposits at (-0.73 pp on a year earlier); First Farmers Bank & Trust Co. ranks 311th of 500 on this measure. In dollars, First Farmers Bank & Trust Co. estimated $916.3 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.0 bn | +5.8% | 355th of 499 |
| Net loans and leases | $2.5 bn | +5.4% | 360th of 500 |
| Loan-to-deposit ratio | 83.83% | -0.37 pp | 293rd of 500 |
| Tier 1 leverage ratio | 10.06% | +0.28 pp | 292nd of 500 |
| Total risk-based capital ratio | 14.07% | +0.64 pp | 238th of 448 |
| Net interest margin | 4.00% | +0.19 pp | 139th of 500 |
| Return on assets (ROA) | 1.65% | +0.19 pp | 111th of 500 |
| Efficiency ratio | 46.86% | -1.60 pp | 101st of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Gain of $4,000 | Fell by $2,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $31.8 mn | Narrowed by $9.5 mn | |
| Noncurrent loans to total loans | 1.00% | +0.01 pp | 364th of 500 (1 = lowest) |
| Net charge-offs to average loans | -0.01% | -0.22 pp | 20th of 500 (1 = lowest) |
US rank of First Farmers Bank & Trust Co.: 1 = highest unless marked 1 = lowest.
Balance sheet
First Farmers Bank & Trust Co.: assets, deposits and loans
- Total assets $3.5bn
- Deposits $3.0bn
- Net loans $2.5bn
Capital and securities
The CET1 ratio of First Farmers Bank & Trust Co. stood at 12.82% in , +0.64 pp year on year. Low and high at First Farmers Bank & Trust Co. since : 11.84% () to 13.60% (). Equity capital of First Farmers Bank & Trust Co. at : $341.1 mn, or 9.8% of total assets. First Farmers Bank & Trust Co. also reported a total capital ratio of 14.07% for , and a tier 1 leverage ratio of 10.06%.
On held-to-maturity securities, First Farmers Bank & Trust Co. carried an unrealized gain of $4,000 at , equal to 0.0% of equity capital. The gain fell by $2,000 over the year. The available-for-sale portfolio of First Farmers Bank & Trust Co. showed an unrealized loss of $31.8 mn at ; the loss narrowed by $9.5 mn over the year.
First Farmers Bank & Trust Co.: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 10%
First Farmers Bank & Trust Co.: unrealized securities gains and losses
- Available for sale -$32mn
- Held to maturity $4,000
Profitability and loan quality
For the year to , First Farmers Bank & Trust Co. earned a return on equity of 17.35%; return on assets: 1.65%. Net interest margin at First Farmers Bank & Trust Co.: 4.00%, +0.19 pp in a year. First Farmers Bank & Trust Co. net income: $28.8 mn, up 20.3% year on year. The efficiency ratio of First Farmers Bank & Trust Co. was 46.86%: about 47 cents cost per revenue dollar, against 51 cents at the median peer.
At , noncurrent loans were 1.00% of total loans at First Farmers Bank & Trust Co.; net charge-offs: -0.01% of average loans. Gross loans and leases at First Farmers Bank & Trust Co.: $2.6 bn, up 5.6% in a year.
First Farmers Bank & Trust Co.: profitability
- Return on equity 17%
- Net interest margin 4.0%
- Return on assets 1.6%
Peer group of First Farmers Bank & Trust Co.
The peer group of First Farmers Bank & Trust Co. is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of First Farmers Bank & Trust Co. (state member bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Indiana. Against them, First Farmers Bank & Trust Co. shows CET1 ratio 12.82% against a peer median of 12.04%, return on equity 17.35% against a peer median of 13.87% and uninsured deposit share 30.24% against a peer median of 33.00%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Old Plank Trail Community Bank | National bank | IL | $3.5 bn | 10.81% | 13.91% | 26.71% | |
| MVB Bank, Inc | State nonmember bank | WV | $3.5 bn | not reported | 14.24% | 39.29% | |
| Bank of Ann Arbor | State nonmember bank | MI | $3.5 bn | 14.27% | 13.82% | 43.99% | |
| First Farmers Bank & Trust Co. | State member bank | IN | $3.5 bn | 12.82% | 17.35% | 30.24% | |
| The Farmers & Merchants State Bank | State nonmember bank | OH | $3.5 bn | 11.84% | 11.22% | 11.09% | |
| Cache Valley Bank | State nonmember bank | UT | $3.5 bn | 12.04% | 19.39% | 54.41% | |
| Ponce Bank | National bank | NY | $3.5 bn | 17.87% | 7.44% | 20.09% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Farmers Bank & Trust Co., to : assets +8.1%, deposits +7.0%, equity +16.9%. Staff 388 to 442.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.2 bn | $3.2 bn | $3.3 bn | $3.3 bn | $3.3 bn | $3.4 bn | $3.6 bn | $3.5 bn |
| Total deposits | $2.8 bn | $2.8 bn | $2.8 bn | $2.9 bn | $2.9 bn | $2.9 bn | $3.1 bn | $3.0 bn |
| Bank equity capital | $291.7 mn | $287.5 mn | $295.2 mn | $296.5 mn | $316.8 mn | $326.9 mn | $326.6 mn | $341.1 mn |
| CET1 ratio | 12.00% | 12.31% | 12.31% | 12.18% | 12.67% | 12.52% | 12.45% | 12.82% |
| Return on equity (ROE) | 11.74% | 13.12% | 17.45% | 16.32% | 16.30% | 16.55% | 17.07% | 17.35% |
| Uninsured share of domestic deposits | 26.77% | 27.32% | 28.43% | 30.97% | 30.75% | 31.00% | 30.15% | 30.24% |
| Full-time equivalent employees | 388 | 407 | 403 | 401 | 428 | 425 | 432 | 442 |
| Number of offices | 37 | 37 | 37 | 38 | 37 | 37 | 37 | 37 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Farmers Bank & Trust Co., oldest first; figures before and after each event are not like for like.
- . Absorbed The Citizens Exchange Bank (FDIC certificate 195).
Questions and identifiers
What were the total assets of First Farmers Bank & Trust Co.?
First Farmers Bank & Trust Co. reported $3.5 bn at in its Call Report. That makes First Farmers Bank & Trust Co. the 364th largest of 497 banks in our US coverage.
Is First Farmers Bank & Trust Co. the same as its holding company?
No. This page covers First Farmers Bank & Trust Co., FDIC certificate 12839; FIRST FARMERS FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Farmers Bank & Trust Co. profitable?
First Farmers Bank & Trust Co. reported net income of $28.8 mn for the year to ; annualized return on equity: 17.35%. So yes: First Farmers Bank & Trust Co. made a profit over these months.
When is data for First Farmers Bank & Trust Co. next updated?
Figures from First Farmers Bank & Trust Co. for are due after .
Where can I check the figures for First Farmers Bank & Trust Co.?
In the FDIC BankFind Suite record for certificate 12839, and in the Call Reports of First Farmers Bank & Trust Co. (RSSD ID 139843) at the FFIEC Central Data Repository.