First Farmers Bank And Trust Company Mortgage Rates, Fees & Info

Converse, IN

LEI: 549300TWHZRVTZ8RYT46

Tax ID: 35-0722410

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    First Farmers Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. First Farmers Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Kokomo, Indianapolis, Peru, Terre Haute, and Marion among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Farmers Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First Farmers Bank And Trust Company is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/21/24
    30 Year Conventional Purchase 7.11% 4/21/24
    30 Year Conventional Refi 6.90% 4/21/24
    30 Year Cash-out Refi 7.14% 4/21/24
    30 Year FHA Purchase 8.33% 4/21/24
    30 Year USDA Purchase 8.13% 4/21/24
    15 Year Conventional Purchase 6.27% 4/21/24
    15 Year Conventional Refi 6.03% 4/21/24
    15 Year Cash-out Refi 6.03% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    First Farmers Bank And Trust Company Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from First Farmers Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    560

    Origination Dollar Volume (All Markets)

    $78,870,000

    Employee count

    357

    Awards

    First Farmers Bank and Trust Company 30 Year Conventional Loans bronze
    Show all (1) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Outside of Metro Areas 107 $15,185,000 $141,916 $2,924 4.30%
    KOKOMO, IN (FHA|USDA|VA) 112 $13,560,000 $121,071 $2,359 4.42%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 47 $8,765,000 $186,489 $2,860 3.93%
    Peru, IN (FHA|USDA|VA) 66 $8,510,000 $128,939 $2,554 4.38%
    TERRE HAUTE, IN (FHA|USDA|VA) 54 $6,780,000 $125,556 $2,505 4.28%
    Marion, IN (FHA|USDA|VA) 45 $6,435,000 $143,000 $2,436 4.25%
    Wabash, IN (FHA|USDA|VA) 28 $4,010,000 $143,214 $2,369 4.40%
    Logansport, IN (FHA|USDA|VA) 23 $3,305,000 $143,696 $2,416 4.67%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 16 $2,580,000 $161,250 $3,006 4.01%
    DANVILLE, IL (FHA|USDA|VA) 15 $1,345,000 $89,667 $1,993 4.83%
    Warsaw, IN (FHA|USDA|VA) 5 $985,000 $197,000 $1,610 3.38%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 6 $800,000 $133,333 $2,415 4.38%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $780,000 $390,000 $4,351 4.56%
    Huntington, IN (FHA|USDA|VA) 6 $770,000 $128,333 $2,239 4.17%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $760,000 $190,000 $4,475 4.59%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $710,000 $355,000 $6,523 3.13%
    Plymouth, IN (FHA|USDA|VA) 3 $595,000 $198,333 $4,021 3.71%
    MUNCIE, IN (FHA|USDA|VA) 4 $540,000 $135,000 $3,014 5.26%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $485,000 $485,000 $7,224 3.75%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $425,000 $425,000 $0 5.50%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $305,000 $305,000 $2,753 3.88%
    Frankfort, IN (FHA|USDA|VA) 2 $250,000 $125,000 $3,419 4.25%
    BLOOMINGTON, IN (FHA|USDA|VA) 2 $250,000 $125,000 $3,740 4.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,845 3.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,978 6.25%
    Charleston-Mattoon, IL (FHA|USDA|VA) 2 $110,000 $55,000 $2,017 5.06%
    Sevierville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.25%
    Bluffton, IN (FHA|USDA|VA) 1 $85,000 $85,000 $2,398 4.50%
    Crawfordsville, IN (FHA|USDA|VA) 1 $85,000 $85,000 $822 3.25%
    COLUMBUS, IN (FHA|USDA|VA) 1 $85,000 $85,000 $1,607 4.38%
    First Farmers Bank And Trust Company's top markets include Kokomo, Indianapolis, Peru, Terre Haute, and Marion among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against First Farmers Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Longview Bank & Trust
    Similarity Rank: 39
    First Mid Bank & Trust
    Similarity Rank: 60
    Industrial Federal Credit Union
    Similarity Rank: 138
    Vibrant Credit Union
    Similarity Rank: 192
    Security Federal Savings Bank
    Similarity Rank: 342
    INDIANA UNIVERSITY CREDIT UNION
    Similarity Rank: 434
    BEACON CREDIT UNION
    Similarity Rank: 442
    Hendricks County Bank and Trust Company
    Similarity Rank: 456
    Victory Community Bank
    Similarity Rank: 480
    First Midwest Bank
    Similarity Rank: 984

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 559 $78,815,000 $140,993 $2,620 4.32%
    HELOC 1 $55,000 $55,000 n/a 6.25%

    For 2019, First Farmers Bank And Trust Company's most frequently originated type of loan was Conventional, with 559 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 330 $43,110,000 $130,636 $2,452 4.42%
    Cash Out Refi 108 $14,840,000 $137,407 $3,362 4.20%
    Refi 101 $18,985,000 $187,970 $2,364 4.06%
    Home Improvement 14 $1,270,000 $90,714 $2,335 4.49%
    Other 7 $665,000 $95,000 $2,889 4.88%

    For 2019, First Farmers Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 330 originations. The 2nd most popular reason was Cash Out Refi, with 108 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 324 $48,030,000 $148,241 $2,738 4.31%
    15 Year 150 $18,070,000 $120,467 $2,307 4.04%
    20 Year 60 $10,700,000 $178,333 $2,902 4.32%
    10 Year 11 $835,000 $75,909 $1,096 6.35%
    Other 10 $900,000 $90,000 $1,855 6.05%
    5 Year 4 $280,000 $70,000 $0 5.75%
    1 Year 1 $55,000 $55,000 $0 6.25%

    For 2019, First Farmers Bank And Trust Company's most frequently cited loan duration was 30 Year, with 324 originations. The 2nd most popular length was 15 Year, with 150 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 209 $28,845,000 $138,014
    $<1k 184 $19,540,000 $106,196
    $2k-3k 82 $12,810,000 $156,220
    $3k-4k 36 $7,230,000 $200,833
    $4k-5k 8 $2,350,000 $293,750
    $5k+ 5 $1,385,000 $277,000

    First Farmers Bank And Trust Company's average total fees were $2,738, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 209 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 260 $41,360,000 $159,077
    4-5% 225 $29,645,000 $131,756
    5-6% 41 $5,155,000 $125,732
    6-7% 21 $1,245,000 $59,286
    7-8% 6 $390,000 $65,000
    2.5-3% 4 $600,000 $150,000
    Over 8% 2 $40,000 $20,000
    <2.5% 1 $435,000 $435,000

    During 2019, First Farmers Bank And Trust Company's average interest rate for loans was 4.31%, while their most frequently originated rate bucket for loans was 3-4%, with 260 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 230 $14,910,000 $64,826 $2,191 4.58%
    $100k-200k 212 $29,630,000 $139,764 $2,670 4.20%
    $200k-400k 104 $26,780,000 $257,500 $3,221 4.07%
    $400k-600k 11 $4,905,000 $445,909 $5,056 3.72%
    $600k-1MM 2 $1,530,000 $765,000 $0 4.88%
    $1MM+ 1 $1,115,000 $1,115,000 $0 3.38%

    2019 saw First Farmers Bank And Trust Company place emphasis on $100,000 or less loans with 230 originations, totaling $14,910,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 193 $16,315,000 $84,534 $2,204 4.62%
    $50k-75k 136 $17,600,000 $129,412 $2,526 4.22%
    $75k-100k 91 $13,405,000 $147,308 $2,723 4.15%
    $100k-150k 84 $15,670,000 $186,548 $3,159 4.03%
    $150k-250k 31 $8,165,000 $263,387 $3,238 4.03%
    $250k+ 12 $3,630,000 $302,500 $3,649 3.71%

    First Farmers Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 193 originations. The second most popular income band? $50k-75k, with 136 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 158 $20,810,000 $131,709 $2,499 4.15%
    30-36% 121 $15,615,000 $129,050 $2,539 4.25%
    <20% 82 $11,700,000 $142,683 $2,695 4.14%
    40% 23 $3,475,000 $151,087 $2,710 4.38%
    38% 20 $2,370,000 $118,500 $2,510 4.13%
    36% 18 $2,540,000 $141,111 $2,775 4.19%
    37% 16 $2,420,000 $151,250 $2,795 4.63%
    39% 13 $1,785,000 $137,308 $2,359 4.46%
    44% 12 $2,230,000 $185,833 $3,026 4.39%
    45% 12 $1,410,000 $117,500 $2,782 4.38%
    42% 11 $1,915,000 $174,091 $3,417 4.76%
    41% 9 $1,585,000 $176,111 $3,247 4.18%
    43% 9 $1,345,000 $149,444 $2,888 4.40%
    49% 5 $955,000 $191,000 $2,816 4.53%
    50-60% 5 $725,000 $145,000 $2,225 5.35%
    48% 5 $525,000 $105,000 $2,422 3.95%
    47% 3 $285,000 $95,000 $3,153 4.08%
    46% 3 $525,000 $175,000 $1,853 3.42%

    First Farmers Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 158 originations. The next most common DTI ratio? 30-36%, with 121 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 533 $72,475,000 $135,976 $2,609 4.29%
    Not applicable 12 $3,930,000 $327,500 $0 5.32%
    Not provided 9 $1,235,000 $137,222 $3,292 4.61%
    Asian 4 $1,090,000 $272,500 $3,257 3.75%
    Black 2 $140,000 $70,000 $1,843 5.69%

    Approval Rates

    Total approvals of all applications
    92.71%

    First Farmers Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.64%

    First Farmers Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 560 $78,870,000 $140,839

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $340,000 $170,000
    Multifamily:Site-Built 7 $3,535,000 $505,000
    Single Family (1-4 Units):Manufactured 19 $1,325,000 $69,737
    Single Family (1-4 Units):Site-Built 532 $73,670,000 $138,477

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 24 $2,040,000 $85,000 $2,106 4.19%
    40-60% 61 $7,415,000 $121,557 $2,352 4.12%
    60-80% 227 $35,855,000 $157,952 $2,754 4.23%
    80-100% 234 $31,010,000 $132,521 $2,636 4.38%
    Over 100% 7 $2,035,000 $290,714 $0 5.64%
    Under 20% 3 $125,000 $41,667 $286 7.50%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK VA mortgage Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 4 26.7%
    FIRST HORIZON BANK FHA mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK FHA mortgage Trouble during payment process 2 13.3%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 3 20.0%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 1 6.7%
    FIRST HORIZON BANK VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.7%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Farmers Bank and Trust Company 1004 North Cass Street Wabash, IN 46992 Full Service B&M $37,368
    First Farmers Bank and Trust Company 10077 North State Road 37 Elwood, IN 46036 Full Service B&M $39,322
    First Farmers Bank and Trust Company 101 North Main Street Culver, IN 46511 Full Service B&M $45,720
    First Farmers Bank and Trust Company 101 W Sycamore St Kokomo, IN 46901 Full Service B&M $52,022
    First Farmers Bank and Trust Company 102 South Main Street Fairmount, IN 46928 Full Service B&M $54,405
    First Farmers Bank and Trust Company 103 West National Avenue Brazil, IN 47834 Full Service B&M $34,079
    First Farmers Bank and Trust Company 106 South Oakwood Street Oakwood, IL 61858 Full Service B&M $41,408
    First Farmers Bank and Trust Company 112 South California Street Galveston, IN 46932 Full Service B&M $34,044
    First Farmers Bank and Trust Company 115 South Main Street Amboy, IN 46911 Full Service B&M $13,875
    First Farmers Bank and Trust Company 12 West Main Street Oakland, IL 61943 Full Service B&M $30,796
    First Farmers Bank and Trust Company 120 South Broadway Peru, IN 46970 Full Service B&M $82,508
    First Farmers Bank and Trust Company 123 North Jefferson Street Converse, IN 46919 Full Service B&M $131,129
    First Farmers Bank and Trust Company 1402 S. Heaton Knox, IN 46534 Full Service B&M $39,606
    First Farmers Bank and Trust Company 147 West Monroe Avenue Chrisman, IL 61924 Full Service B&M $37,020
    First Farmers Bank and Trust Company 160 W Main St Russiaville, IN 46979 Full Service B&M $28,358
    First Farmers Bank and Trust Company 1710 W Kem Rd Marion, IN 46952 Full Service B&M $34,194
    First Farmers Bank and Trust Company 2 North Broadway Peru, IN 46970 Limited, Drive-thru $0
    First Farmers Bank and Trust Company 2041 N. Reed Rd. Kokomo, IN 46901 Full Service B&M $33,582
    First Farmers Bank and Trust Company 2049 Veterans Memorial Parkway South Lafayette, IN 47909 Full Service B&M $2,209
    First Farmers Bank and Trust Company 2359 South State Road 46 Terre Haute, IN 47803 Full Service B&M $1,982
    First Farmers Bank and Trust Company 2400 West State Road 38 Sheridan, IN 46069 Full Service B&M $38,247
    First Farmers Bank and Trust Company 244 Hauenstein Road Huntington, IN 46750 Full Service B&M $8,323
    First Farmers Bank and Trust Company 302 Keller Avenue North Judson, IN 46366 Full Service B&M $39,778
    First Farmers Bank and Trust Company 315 East Davis Drive Terre Haute, IN 47802 Full Service B&M $38,786
    First Farmers Bank and Trust Company 32 South Court Street Sullivan, IN 47882 Full Service B&M $80,461
    First Farmers Bank and Trust Company 3510 State Road 38 East Lafayette, IN 47905 Full Service B&M $517
    First Farmers Bank and Trust Company 3910 East Market Street Logansport, IN 46947 Full Service B&M $31,966
    First Farmers Bank and Trust Company 410 Flint Way Drive Kokomo, IN 46901 Full Service B&M $40,828
    First Farmers Bank and Trust Company 501 West Lincoln Road Kokomo, IN 46901 Full Service B&M $59,580
    First Farmers Bank and Trust Company 603 West Main Street Greentown, IN 46936 Full Service B&M $72,267
    First Farmers Bank and Trust Company 709 East Columbia Street Flora, IN 46929 Full Service B&M $15,161
    First Farmers Bank and Trust Company 801 Main Street Clay City, IN 47841 Full Service B&M $26,803
    First Farmers Bank and Trust Company 821 N Vermilion Danville, IL 61832 Full Service B&M $5,085
    First Farmers Bank and Trust Company 825 East Jefferson Street Tipton, IN 46072 Full Service B&M $108,858
    First Farmers Bank and Trust Company 8964 North Terre Haute Road Paris, IL 61944 Full Service B&M $79,682
    First Farmers Bank and Trust Company 905 South Dixie Highway Hoopeston, IL 60942 Full Service B&M $57,246

    For 2019, First Farmers Bank And Trust Company had 36 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $88,135
    Net interest income $70,580
    Total noninterest income $15,258
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,703
    Trading account gains and fees $0
    Additional Noninterest Income $11,555
    Pre-tax net operating income $35,091
    Securities gains (or losses, -) $123
    Income before extraordinary items $29,593
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $29,593
    Minority interest net income $0
    Net income $29,593
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $29,489

    First Farmers Bank And Trust Company's gross interest income from loans was $88,135,000.
    First Farmers Bank And Trust Company's net interest income from loans was $70,580,000.
    First Farmers Bank And Trust Company's fee based income from loans was $3,703,000.
    First Farmers Bank And Trust Company's net income from loans was $29,593,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $17,555
    Provision for credit losses $4,625
    Total noninterest expense $46,122
    Salaries and employee benefits $26,240
    Premises and equipment expense $6,363
    Additional noninterest expense $13,519
    Applicable income taxes $5,621
    Net charge-offs $3,634
    Cash dividends $18,500

    First Farmers Bank And Trust Company's interest expense for loans was $17,555,000.
    First Farmers Bank And Trust Company's payroll and benefits expense were $26,240,000.
    First Farmers Bank And Trust Company's property, plant and equipment expenses $6,363,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,532,060
    Deposits held in domestic offices $1,532,060
    Deposits by Individuals, partnerships, and corporations $1,295,945
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $236,115
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $180,353
    Demand deposits $119,162
    Nontransaction accounts $1,351,707
    Money market deposit accounts (MMDAs) $87,519
    Other savings deposits (excluding MMDAs) $876,794
    Total time deposits $387,395
    Total time and savings deposits $1,412,898
    Noninterest-bearing deposits $332,935
    Interest-bearing deposits $1,199,125
    Retail deposits $1,414,028
    IRAs and Keogh plan accounts $32,167
    Brokered deposits $66,180
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,907,914
    Cash & Balances due from depository institutions $39,250
    Interest-bearing balances $5,138
    Total securities $382,044
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,401,855
    Loan and leases loss allowance $16,871
    Trading account assets $0
    Bank premises and fixed assets $21,417
    Other real estate owned $1,101
    Goodwill and other intangibles $13,620
    All other assets $48,627

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,907,914
    Total Liabilities $1,703,724
    Total deposits $1,532,060
    Interest-bearing deposits $1,199,125
    Deposits held in domestic offices $1,532,060
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $154,000
    Subordinated debt $0
    All other liabilities $17,664

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,401,855
    Loan and leases loss allowance $16,871
    Total loans and leases (domestic) $1,418,726
    All real estate loans $751,805
    Real estate loans in domestic offices $751,805
    Construction and development loans $43,710
    Residential 1-4 family construction $10,607
    Other construction, all land development and other land $33,103
    Loans secured by nonfarm nonresidential properties $243,501
    Nonfarm nonresidential secured by owner-occupied properties $117,833
    Commercial real estate & other non-farm, non-residential $125,668
    Multifamily residential real estate $33,779
    1-4 family residential loans $120,610
    Farmland loans $310,205
    Loans held in foreign offices $0
    Farm loans $308,311
    Commercial and industrial loans $292,954
    To non-U.S. addressees $0
    Loans to individuals $11,530
    Credit card loans $0
    Related Plans $266
    Consumer Auto Loans $7,060
    Other loans to individuals $4,204
    All other loans & leases $54,126
    Loans to foreign governments and official institutions $0
    Other loans $9,410
    Loans to depository institutions and acceptances of other banks $243
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $12,076
    Non 1-4 family restructured loans & leases $11,793
    Total loans and leases (foreign) $0

    First Farmers Bank and Trust Company had $1,401,855,000 of loans outstanding in 2019. $751,805,000 of loans were in real estate loans. $43,710,000 of loans were in development loans. $33,779,000 of loans were in multifamily mortgage loans. $120,610,000 of loans were in 1-4 family mortgage loans. $308,311,000 of loans were in farm loans. $0 of loans were in credit card loans. $7,060,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 530 $95,851 $180,851
    Nonfarm, nonresidential loans - <$100k 181 $6,115 $33,785
    Nonfarm, nonresidential loans - $100-250k 160 $17,582 $109,888
    Nonfarm, nonresidential loans - $250k-1MM 189 $72,154 $381,767
    Commercial & Industrial, US addressed loans - <$1MM 839 $94,344 $112,448
    Commercial & Industrial, US addressed loans - <$100k 532 $17,384 $32,677
    Commercial & Industrial, US addressed loans - $100-250k 164 $20,036 $122,171
    Commercial & Industrial, US addressed loans - $250k-1MM 143 $56,924 $398,070
    Farmland loans - <$1MM 702 $92,990 $132,464
    Farmland loans - <$100k 232 $10,475 $45,151
    Farmland loans - $100-250k 298 $36,638 $122,946
    Farmland loans - $250k-1MM 172 $45,877 $266,727
    Agriculture operations loans - <$1MM 1,105 $121,097 $109,590
    Agriculture operations loans - <$100k 626 $23,057 $36,832
    Agriculture operations loans - $100-250k 320 $50,057 $156,428
    Agriculture operations loans - $250k-1MM 159 $47,983 $301,780