First Farmers and Merchants Bank in city_name, state_name - Detailed Financial Reports, Location

First Farmers and Merchants Bank in Columbia, Tennessee (TN)
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First Farmers and Merchants Bank routing number info

First Farmers and Merchants Bank - Overview

General
FDIC Certificate #: 1487
Status: Active
Federal Reserve ID: 150035
Bank Holding Company (Regulatory Top Holder): First Farmers And Merchants Corporation (RSSDID: 1083783, Location: Columbia, TN)
Date Established: January 01, 1909
WWW: http://www.myfirstfarmers.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 20 (Domestic: 20, Interstate: No)
OTS Docket #: 11469
FDIC's unique #: 982
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization > 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
Location
Address: 816 South Garden Street, Columbia, TN 38402
County: Maury
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Nashville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Combined Statistical Area (CSA): Nashville-Davidson-Murfreesboro-Columbia, TN (#400)
Core Based Statistical Area (CBSA): Columbia, TN (#17940)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $1,013.4 mil
Equity capital: $108.3 mil
Deposits held in domestic offices: $856.9 mil
Return on assets (ROA): 0.85% ($8.6 mil)
Quarterly return on assets: 0.95% ($9.6 mil)
Return on Equity (ROE): 7.83% ($8.5 mil)
Quarterly return on equity: 8.72% ($9.4 mil)
Net income: $8.3 mil
Quarterly Net income: $2.4 mil
Pretax return on assets: 1.01% ($10,235.6 mil)
Quarterly Pretax return on assets: 1.06% ($10,742.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

Dollar figures in thousands
260Total employees (full-time equivalent)
$1,013,428Total assets
$56,520Cash and due from depository institutions
$38,594Interest-bearing balances
$349,484Securities
$16,500Federal funds sold & reverse repurchase agreements
$511,107Net loans & leases
$9,200Loan loss allowance
$0Trading account assets
$25,537Bank premises and fixed assets
$8,827Other real estate owned
$9,018Goodwill and other intangibles
$1,013,428Life insurance assets
$36,435All other assets
$905,027Total liabilities and capital
$856,878Total liabilities
$770,646Total deposits
$856,878Interest-bearing deposits
$80Deposits held in domestic offices
16347.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$17,100Trading liabilities
$0Other borrowed funds
$14,702Subordinated debt
$108,401All other liabilities
$108,306Total equity capital
$108,306Total bank equity capital
$0Perpetual preferred stock
$1,750Common stock
$27,270Surplus
$79,286Undivided profits
Memoranda
$95Noncurrent loans and leases
$2,505Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$11,469Income earned, not collected on loans
$234Earning assets
$4,095Long-term assets (5+ years)
$915,685Average Assets, year-to-date
$388,055Average Assets, quarterly
$970,989Volatile liabilities
$999,207Insider loans
$633,373FHLB advances
$989,355Loans and leases held for sale
$19,671Unused loan commitments
$12,132Tier 1 (core) risk-based capital
$96,266Tier 2 risk-based capital
$4,576Total risk weighted assets
$2,963Total unused commitments
$110,605Restructured Loans and leases
$1,304Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$38,448Total interest income
$4,942Total interest expense
$33,506Net interest income
$3,125Provision for loan and lease losses
$8,888Total noninterest income
$1,999Fiduciary activities
$3,678Service charges on deposit accounts
$0Trading account gains & fees
$3,211Additional noninterest income
$30,895Total noninterest expense
$16,173Salaries and employee benefits
$3,711Premises and equipment expense
$11,011Additional noninterest expense
$8,374Pre-tax net operating income
$1,458Securities gains (losses)
$1,535Applicable income taxes
$8,297Income before extraordinary items
$0Extraordinary gains - net
$8,281Net income attributable to bank
$16Net charge-offs
$8,297Cash dividends
$3,346Sale, conversion, retirement of capital stock, net
$6,975Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.39%Yield on earning assets
0.56%Cost of funding earning assets
3.83%Net interest margin
1.01%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
0.73%Net operating income to assets
0.85%Return on assets (ROA)
1.01%Pretax return on assets
7.83%Return on equity (ROE)
1.23%Retained earnings to average equity (YTD only)
0.62%Net charge-offs to loans
93.40%Credit loss provision to net charge-offs
3.44%Efficiency ratio
72,831Assets per employee
3.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
84.23%Loss allowance to loans
1.77%Loss allowance to noncurrent loans
80.22%Noncurrent assets plus other real estate owned to assets
2.00%Noncurrent loans to loans
2.20%Net loans and leases to deposits
59.65%Net loans and leases to core deposits
62.38%Equity capital to assets
10.69%Core capital (leverage) ratio
9.73%Tier 1 risk-based capital ratio
15.20%Total risk-based capital ratio
Memoranda
$16Average assets
$970,989Average earning assets
$105,786Average equity
$875,942Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$642,890Managed Assets
1Number of Accounts
$617,402Personal trust and agency accounts
$76,938Employee benefit-defined contribution accounts
$86,810Employee benefit-defined benefit accounts
$296,279Other retirement accounts
$49,022Corporate trust and agency accounts
$0Investment management agency accounts
$64,370Other fiduciary accounts
$43,983Fiduciary accounts held in foreign offices
$0Non-managed Assets
680Number of Accounts
$0Personal trust and agency accounts
$49,022Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$25,488Other retirement accounts
$4,606Corporate trust and agency accounts
$9,945Other fiduciary accounts
$5,322Fiduciary accounts held in foreign offices

List of branches

20 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	982	First Farmers And Merchants Bank	816 South Garden Street, Columbia, TN 38402	January 01, 1909	Full Service Brick and Mortar
1	189598	High Street Branch	515 North High Street, Columbia, TN 38401	May 27, 1958	Full Service Brick and Mortar
2	189599	Hatcher Lane Branch	1618 Hatcher Lane, Columbia, TN 38401	April 02, 1964	Full Service Brick and Mortar
3	189600	Mount Pleasant Branch	128 North Main Street, Mount Pleasant, TN 38474	January 28, 1950	Full Service Brick and Mortar
4	189601	Spring Hill Branch	Kedron Parkway And Highway 31 South, Spring Hill, TN 37174	January 01, 1909	Full Service Brick and Mortar
5	189602	Northside Bankcenter	901 Nashville Highway, Columbia, TN 38401	May 05, 1966	Full Service Brick and Mortar
7	4119	Loretto Branch	U.S. Highway 43, Loretto, TN 38469	January 01, 1910	Full Service Brick and Mortar
9	208728	Lawrenceburg Branch	1501 North Locust Avenue, Lawrenceburg, TN 38464	January 14, 1980	Full Service Brick and Mortar
10	189604	Campbell Plaza Branch	James M. Campbell Boulevard, Columbia, TN 38401	December 07, 1986	Full Service Retail
11	189605	Saturn/Northfield Branch	Saturn Complex, U.S. 31 South, Spring Hill, TN 37174	October 06, 1989	Limited Service Retail
13	205687	Chapel Hill Branch	214 Horton Highway North, Chapel Hill, TN 37034	May 02, 1988	Full Service Brick and Mortar
14	1127	Centerville Branch	116 Church Street, Centerville, TN 37033	January 01, 1925	Full Service Brick and Mortar
18	189607	Crockett Branch	116 West Gaines Street, Lawrenceburg, TN 38464	January 06, 1997	Full Service Brick and Mortar
19	6614	White Bluff Branch	Highway 47 (Charles Walton Speight Highway), White Bluff, TN 37187	January 01, 1904	Full Service Brick and Mortar
20	189608	East Hickman Office	9512 Highway 46, Bon Aqua, TN 37025	December 06, 1999	Full Service Brick and Mortar
21	970	Peoples And Union Bank Branch	260 North Ellington Parkway, Lewisburg, TN 37091	April 04, 1889	Full Service Brick and Mortar
24	48161	Pulaski Branch	302 South Second Street, Pulaski, TN 38478	November 15, 1993	Full Service Brick and Mortar
27	466340	Dickson County Office Branch	106 Hwy 70 East, Suite3, Dickson, TN 37055	January 09, 2007	Limited Service Loan Production
29	493086	Cool Springs Office Branch	300 Billingsley Court, Franklin, TN 37067	January 20, 2009	Full Service Brick and Mortar
30	520039	Port Royal	4871 Port Royal Road, Spring Hill, TN 37174	May 11, 2011	Full Service Brick and Mortar

First Farmers and Merchants Bank in Columbia, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Farmers and Merchants Bank in Columbia, Tennessee (TN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Farmers and Merchants Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Farmers and Merchants Bank in Columbia, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches