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 Refi, Home Purchase, and Cash Out Refi loans. First Farmers Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Kokomo, Indianapolis, Marion, Terre Haute, and Peru among others. We have data for 44 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 4/18/24
    30 Year Conventional Purchase 7.11% 4/18/24
    30 Year Conventional Refi 6.90% 4/18/24
    30 Year Cash-out Refi 7.14% 4/18/24
    30 Year FHA Purchase 8.33% 4/18/24
    30 Year USDA Purchase 8.13% 4/18/24
    15 Year Conventional Purchase 6.27% 4/18/24
    15 Year Conventional Refi 6.03% 4/18/24
    15 Year Cash-out Refi 6.03% 4/18/24
    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

    1,190

    Origination Dollar Volume (All Markets)

    $197,280,000

    Employee count

    360

    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 224 $36,610,000 $163,438 $2,524 3.21%
    KOKOMO, IN (FHA|USDA|VA) 212 $33,880,000 $159,811 $2,195 3.15%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 138 $28,800,000 $208,696 $2,693 3.08%
    Marion, IN (FHA|USDA|VA) 111 $16,695,000 $150,405 $2,225 3.23%
    TERRE HAUTE, IN (FHA|USDA|VA) 121 $16,475,000 $136,157 $2,512 3.44%
    Peru, IN (FHA|USDA|VA) 92 $11,460,000 $124,565 $2,443 3.30%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 42 $7,050,000 $167,857 $2,542 3.21%
    Wabash, IN (FHA|USDA|VA) 39 $6,625,000 $169,872 $2,562 3.11%
    Logansport, IN (FHA|USDA|VA) 46 $5,790,000 $125,870 $2,311 3.16%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $5,155,000 $1,718,333 $1,826 2.66%
    DANVILLE, IL (FHA|USDA|VA) 37 $3,545,000 $95,811 $2,340 3.61%
    Plymouth, IN (FHA|USDA|VA) 16 $3,520,000 $220,000 $2,539 3.28%
    Warsaw, IN (FHA|USDA|VA) 12 $2,930,000 $244,167 $2,056 2.92%
    Huntington, IN (FHA|USDA|VA) 13 $1,875,000 $144,231 $2,778 3.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $1,660,000 $830,000 $4,655 3.13%
    Bluffton, IN (FHA|USDA|VA) 8 $1,460,000 $182,500 $2,633 3.41%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 10 $1,410,000 $141,000 $2,301 3.20%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $1,160,000 $145,000 $2,066 2.95%
    FORT WAYNE, IN (FHA|USDA|VA) 6 $1,040,000 $173,333 $2,353 2.88%
    MUNCIE, IN (FHA|USDA|VA) 8 $1,000,000 $125,000 $2,507 3.68%
    Frankfort, IN (FHA|USDA|VA) 6 $950,000 $158,333 $2,204 2.90%
    Sevierville, TN (FHA|USDA|VA) 3 $905,000 $301,667 $2,725 3.83%
    Crawfordsville, IN (FHA|USDA|VA) 3 $885,000 $295,000 $2,778 3.13%
    Angola, IN (FHA|USDA|VA) 1 $875,000 $875,000 $0 4.38%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $760,000 $380,000 $4,891 3.63%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $645,000 $645,000 $5,607 3.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $620,000 $155,000 $2,712 3.13%
    BLOOMINGTON, IN (FHA|USDA|VA) 3 $395,000 $131,667 $4,001 3.21%
    PEORIA, IL (FHA|USDA|VA) 1 $355,000 $355,000 $2,825 3.25%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $310,000 $155,000 $4,457 2.88%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $305,000 $305,000 $2,594 2.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $285,000 $285,000 $6,021 3.13%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $275,000 $275,000 $3,350 3.75%
    Washington, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,775 3.13%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $195,000 $195,000 $2,158 2.38%
    COLUMBIA, SC (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.00%
    Charleston-Mattoon, IL (FHA|USDA|VA) 2 $180,000 $90,000 $2,697 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $125,000 $125,000 $1,917 3.00%
    Washington, IN (FHA|USDA|VA) 1 $125,000 $125,000 $1,365 2.75%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,375 3.13%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $120,000 $60,000 $2,220 4.31%
    New Castle, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,593 3.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $105,000 $105,000 $3,050 3.13%
    Greensburg, IN (FHA|USDA|VA) 1 $105,000 $105,000 $1,959 4.63%
    First Farmers Bank And Trust Company's top markets include Kokomo, Indianapolis, Marion, Terre Haute, and Peru among others.

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

    FINANCIAL BUILDERS Federal Credit Union
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    Similarity Rank: 376
    Independent Federal Credit Union
    Similarity Rank: 441
    Madison County Federal Credit Union
    Similarity Rank: 488
    FLAT BRANCH MORTGAGE, INC.
    Similarity Rank: 630
    Security Federal Savings Bank
    Similarity Rank: 990
    BNC National Bank
    Similarity Rank: 1338

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,189 $196,925,000 $165,622 $2,453 3.22%
    HELOC 1 $355,000 $355,000 n/a 4.25%

    For 2020, First Farmers Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,189 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 449 $82,075,000 $182,795 $2,182 3.05%
    Home Purchase 363 $57,485,000 $158,361 $2,420 3.51%
    Cash Out Refi 349 $53,935,000 $154,542 $2,859 3.15%
    Home Improvement 22 $2,730,000 $124,091 $1,886 3.01%
    Other 7 $1,055,000 $150,714 $2,967 3.16%

    For 2020, First Farmers Bank And Trust Company's most frequently cited loan purpose was Refi, with 449 originations. The 2nd most popular reason was Home Purchase, with 363 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 560 $94,400,000 $168,571 $2,702 3.32%
    15 Year 396 $56,930,000 $143,763 $2,104 2.95%
    20 Year 175 $32,455,000 $185,457 $2,469 3.32%
    Other 36 $6,200,000 $172,222 $2,393 3.78%
    10 Year 18 $6,810,000 $378,333 $1,699 3.78%
    1 Year 3 $285,000 $95,000 $0 5.08%
    3 Year 1 $135,000 $135,000 $0 3.88%
    5 Year 1 $65,000 $65,000 $0 4.40%

    For 2020, First Farmers Bank And Trust Company's most frequently cited loan duration was 30 Year, with 560 originations. The 2nd most popular length was 15 Year, with 396 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 499 $70,465,000 $141,212
    $1k-2k 391 $57,255,000 $146,432
    $2k-3k 149 $25,635,000 $172,047
    $3k-4k 56 $12,400,000 $221,429
    $4k-5k 24 $6,280,000 $261,667
    $5k+ 16 $5,110,000 $319,375

    First Farmers Bank And Trust Company's average total fees were $2,702, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 499 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 522 $82,010,000 $157,107
    2.5-3% 503 $86,505,000 $171,978
    4-5% 76 $14,150,000 $186,184
    <2.5% 63 $12,035,000 $191,032
    5-6% 23 $2,505,000 $108,913
    6-7% 3 $75,000 $25,000

    During 2020, First Farmers Bank And Trust Company's average interest rate for loans was 3.32%, while their most frequently originated rate bucket for loans was 3-4%, with 522 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 489 $70,785,000 $144,755 $2,356 3.13%
    $100,000 or less 408 $28,340,000 $69,461 $2,107 3.39%
    $200k-400k 248 $64,730,000 $261,008 $2,950 3.11%
    $400k-600k 35 $16,255,000 $464,429 $3,896 3.06%
    $1MM+ 6 $14,050,000 $2,341,667 $6,154 3.62%
    $600k-1MM 4 $3,120,000 $780,000 $5,607 4.25%

    2020 saw First Farmers Bank And Trust Company place emphasis on $100k-200k loans with 489 originations, totaling $70,785,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 294 $36,410,000 $123,844 $2,353 3.20%
    $50k or less 286 $25,140,000 $87,902 $2,167 3.38%
    $100k-150k 218 $42,670,000 $195,734 $2,688 3.12%
    $75k-100k 216 $34,350,000 $159,028 $2,488 3.15%
    $150k-250k 80 $20,370,000 $254,625 $2,887 3.03%
    $250k+ 58 $18,420,000 $317,586 $3,094 3.09%

    First Farmers Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 294 originations. The second most popular income band? $50k or less, with 286 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 387 $58,015,000 $149,910 $2,368 3.10%
    30-36% 236 $37,720,000 $159,831 $2,508 3.15%
    <20% 233 $35,605,000 $152,811 $2,338 3.09%
    39% 36 $6,770,000 $188,056 $2,445 3.26%
    36% 34 $4,640,000 $136,471 $2,233 3.15%
    37% 27 $3,395,000 $125,741 $2,447 3.28%
    42% 26 $5,120,000 $196,923 $2,719 3.34%
    40% 25 $4,345,000 $173,800 $2,736 3.33%
    41% 22 $3,300,000 $150,000 $2,693 3.21%
    38% 20 $3,610,000 $180,500 $2,907 3.29%
    45% 16 $2,510,000 $156,875 $3,048 3.15%
    44% 14 $2,020,000 $144,286 $3,108 3.41%
    47% 12 $2,500,000 $208,333 $2,704 3.03%
    43% 12 $1,870,000 $155,833 $2,920 3.32%
    48% 11 $1,935,000 $175,909 $2,478 2.97%
    46% 8 $1,340,000 $167,500 $2,897 3.28%
    49% 5 $525,000 $105,000 $2,207 3.78%
    >60% 5 $1,185,000 $237,000 $2,223 4.38%
    50-60% 4 $500,000 $125,000 $2,319 3.44%

    First Farmers Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 387 originations. The next most common DTI ratio? 30-36%, with 236 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,107 $170,085,000 $153,645 $2,448 3.21%
    Not applicable 23 $17,215,000 $748,478 $0 4.31%
    Not provided 46 $6,850,000 $148,913 $2,537 3.07%
    Asian 8 $2,000,000 $250,000 $2,843 3.13%
    American Indian 4 $950,000 $237,500 $2,661 3.31%
    Black 2 $180,000 $90,000 $1,583 3.00%

    Approval Rates

    Total approvals of all applications
    91.92%

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

    Pick Rate

    Approvals leading to origination
    78.49%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,190 $197,280,000 $165,782

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $1,090,000 $545,000
    Multifamily:Site-Built 11 $15,135,000 $1,375,909
    Single Family (1-4 Units):Manufactured 42 $3,420,000 $81,429
    Single Family (1-4 Units):Site-Built 1,135 $177,635,000 $156,507

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 64 $7,860,000 $122,813 $2,176 3.11%
    40-60% 196 $32,360,000 $165,102 $2,107 3.06%
    60-80% 576 $99,520,000 $172,778 $2,585 3.23%
    80-100% 337 $53,935,000 $160,045 $2,523 3.28%
    Over 100% 3 $675,000 $225,000 $0 4.75%
    Under 20% 12 $2,690,000 $224,167 $1,271 4.02%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Closing on a mortgage 1 6.7%
    FIRST HORIZON BANK Conventional home mortgage Trouble during payment process 4 26.7%
    FIRST HORIZON BANK Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 3 20.0%
    FIRST HORIZON BANK Other type of mortgage Trouble during payment process 2 13.3%
    FIRST HORIZON BANK Other type of mortgage Struggling to pay mortgage 1 6.7%
    FIRST HORIZON BANK Other type of mortgage Closing on a mortgage 2 13.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Farmers Bank & Trust Co. 1004 North Cass Street Wabash, IN 46992 Full Service B&M $47,407
    First Farmers Bank & Trust Co. 10077 North State Road 37 Elwood, IN 46036 Full Service B&M $45,595
    First Farmers Bank & Trust Co. 101 North Main Street Culver, IN 46511 Full Service B&M $57,769
    First Farmers Bank & Trust Co. 101 W Sycamore St Kokomo, IN 46901 Full Service B&M $53,561
    First Farmers Bank & Trust Co. 102 South Main Street Fairmount, IN 46928 Full Service B&M $56,635
    First Farmers Bank & Trust Co. 103 West National Avenue Brazil, IN 47834 Full Service B&M $36,062
    First Farmers Bank & Trust Co. 106 South Oakwood Street Oakwood, IL 61858 Full Service B&M $43,698
    First Farmers Bank & Trust Co. 112 South California Street Galveston, IN 46932 Full Service B&M $41,236
    First Farmers Bank & Trust Co. 12 West Main Street Oakland, IL 61943 Full Service B&M $31,236
    First Farmers Bank & Trust Co. 120 South Broadway Peru, IN 46970 Full Service B&M $99,933
    First Farmers Bank & Trust Co. 123 North Jefferson Street Converse, IN 46919 Full Service B&M $133,090
    First Farmers Bank & Trust Co. 1402 S. Heaton Knox, IN 46534 Full Service B&M $41,108
    First Farmers Bank & Trust Co. 147 West Monroe Avenue Chrisman, IL 61924 Full Service B&M $37,019
    First Farmers Bank & Trust Co. 160 W Main St Russiaville, IN 46979 Full Service B&M $38,405
    First Farmers Bank & Trust Co. 1710 W Kem Rd Marion, IN 46952 Full Service B&M $45,139
    First Farmers Bank & Trust Co. 2 North Broadway Peru, IN 46970 Limited, Drive-thru $0
    First Farmers Bank & Trust Co. 2041 N. Reed Rd. Kokomo, IN 46901 Full Service B&M $36,349
    First Farmers Bank & Trust Co. 2049 Veterans Memorial Parkway South Lafayette, IN 47909 Full Service B&M $354
    First Farmers Bank & Trust Co. 2359 South State Road 46 Terre Haute, IN 47803 Full Service B&M $2,728
    First Farmers Bank & Trust Co. 2400 West State Road 38 Sheridan, IN 46069 Full Service B&M $50,291
    First Farmers Bank & Trust Co. 244 Hauenstein Road Huntington, IN 46750 Full Service B&M $8,966
    First Farmers Bank & Trust Co. 302 Keller Avenue North Judson, IN 46366 Full Service B&M $43,155
    First Farmers Bank & Trust Co. 315 East Davis Drive Terre Haute, IN 47802 Full Service B&M $43,883
    First Farmers Bank & Trust Co. 32 South Court Street Sullivan, IN 47882 Full Service B&M $82,855
    First Farmers Bank & Trust Co. 3510 State Road 38 East Lafayette, IN 47905 Full Service B&M $4,498
    First Farmers Bank & Trust Co. 3910 East Market Street Logansport, IN 46947 Full Service B&M $37,357
    First Farmers Bank & Trust Co. 410 Flint Way Drive Kokomo, IN 46901 Full Service B&M $45,172
    First Farmers Bank & Trust Co. 501 West Lincoln Road Kokomo, IN 46901 Full Service B&M $61,357
    First Farmers Bank & Trust Co. 603 West Main Street Greentown, IN 46936 Full Service B&M $82,925
    First Farmers Bank & Trust Co. 709 East Columbia Street Flora, IN 46929 Full Service B&M $18,307
    First Farmers Bank & Trust Co. 801 Main Street Clay City, IN 47841 Full Service B&M $28,484
    First Farmers Bank & Trust Co. 821 N Vermilion Danville, IL 61832 Full Service B&M $4,649
    First Farmers Bank & Trust Co. 825 East Jefferson Street Tipton, IN 46072 Full Service B&M $137,125
    First Farmers Bank & Trust Co. 8964 North Terre Haute Road Paris, IL 61944 Full Service B&M $83,800
    First Farmers Bank & Trust Co. 905 South Dixie Highway Hoopeston, IL 60942 Full Service B&M $61,701

    For 2020, First Farmers Bank And Trust Company had 35 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $83,117
    Net interest income $71,423
    Total noninterest income $23,997
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,437
    Trading account gains and fees $1,637
    Additional Noninterest Income $18,923
    Pre-tax net operating income $35,684
    Securities gains (or losses, -) $661
    Income before extraordinary items $30,170
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $30,170
    Minority interest net income $0
    Net income $30,170
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $29,621

    First Farmers Bank And Trust Company's gross interest income from loans was $83,117,000.
    First Farmers Bank And Trust Company's net interest income from loans was $71,423,000.
    First Farmers Bank And Trust Company's fee based income from loans was $3,437,000.
    First Farmers Bank And Trust Company's net income from loans was $30,170,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $11,694
    Provision for credit losses $10,400
    Total noninterest expense $49,336
    Salaries and employee benefits $29,077
    Premises and equipment expense $6,714
    Additional noninterest expense $13,545
    Applicable income taxes $6,175
    Net charge-offs $9,534
    Cash dividends $8,000

    First Farmers Bank And Trust Company's interest expense for loans was $11,694,000.
    First Farmers Bank And Trust Company's payroll and benefits expense were $29,077,000.
    First Farmers Bank And Trust Company's property, plant and equipment expenses $6,714,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 1.0%
    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 $1,759,985
    Deposits held in domestic offices $1,759,985
    Deposits by Individuals, partnerships, and corporations $1,475,835
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $284,150
    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 $218,617
    Demand deposits $157,408
    Nontransaction accounts $1,541,368
    Money market deposit accounts (MMDAs) $106,808
    Other savings deposits (excluding MMDAs) $1,147,989
    Total time deposits $286,570
    Total time and savings deposits $1,602,577
    Noninterest-bearing deposits $444,708
    Interest-bearing deposits $1,315,277
    Retail deposits $1,698,008
    IRAs and Keogh plan accounts $30,761
    Brokered deposits $22,543
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,204,345
    Cash & Balances due from depository institutions $175,652
    Interest-bearing balances $142,903
    Total securities $402,087
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,540,532
    Loan and leases loss allowance $17,737
    Trading account assets $2,416
    Bank premises and fixed assets $21,615
    Other real estate owned $308
    Goodwill and other intangibles $14,718
    All other assets $47,017

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,204,345
    Total Liabilities $1,965,486
    Total deposits $1,759,985
    Interest-bearing deposits $1,315,277
    Deposits held in domestic offices $1,759,985
    % insured (estimated) $69
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $2,416
    Other borrowed funds $180,000
    Subordinated debt $0
    All other liabilities $23,085

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,540,532
    Loan and leases loss allowance $17,737
    Total loans and leases (domestic) $1,558,269
    All real estate loans $916,897
    Real estate loans in domestic offices $916,897
    Construction and development loans $97,710
    Residential 1-4 family construction $13,926
    Other construction, all land development and other land $83,784
    Loans secured by nonfarm nonresidential properties $318,122
    Nonfarm nonresidential secured by owner-occupied properties $151,024
    Commercial real estate & other non-farm, non-residential $167,098
    Multifamily residential real estate $42,467
    1-4 family residential loans $138,046
    Farmland loans $320,552
    Loans held in foreign offices $0
    Farm loans $269,239
    Commercial and industrial loans $317,446
    To non-U.S. addressees $0
    Loans to individuals $13,420
    Credit card loans $0
    Related Plans $166
    Consumer Auto Loans $9,799
    Other loans to individuals $3,455
    All other loans & leases $41,267
    Loans to foreign governments and official institutions $0
    Other loans $1,067
    Loans to depository institutions and acceptances of other banks $182
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $22,801
    Non 1-4 family restructured loans & leases $22,651
    Total loans and leases (foreign) $0

    First Farmers Bank and Trust Company had $1,540,532,000 of loans outstanding in 2020. $916,897,000 of loans were in real estate loans. $97,710,000 of loans were in development loans. $42,467,000 of loans were in multifamily mortgage loans. $138,046,000 of loans were in 1-4 family mortgage loans. $269,239,000 of loans were in farm loans. $0 of loans were in credit card loans. $9,799,000 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 478 $88,815 $185,805
    Nonfarm, nonresidential loans - <$100k 155 $5,573 $35,955
    Nonfarm, nonresidential loans - $100-250k 148 $17,020 $115,000
    Nonfarm, nonresidential loans - $250k-1MM 175 $66,222 $378,411
    Commercial & Industrial, US addressed loans - <$1MM 1,417 $112,839 $79,632
    Commercial & Industrial, US addressed loans - <$100k 1,035 $22,983 $22,206
    Commercial & Industrial, US addressed loans - $100-250k 225 $27,198 $120,880
    Commercial & Industrial, US addressed loans - $250k-1MM 157 $62,658 $399,096
    Farmland loans - <$1MM 657 $90,074 $137,099
    Farmland loans - <$100k 219 $13,966 $63,772
    Farmland loans - $100-250k 267 $31,783 $119,037
    Farmland loans - $250k-1MM 171 $44,325 $259,211
    Agriculture operations loans - <$1MM 1,081 $109,318 $101,127
    Agriculture operations loans - <$100k 616 $20,647 $33,518
    Agriculture operations loans - $100-250k 318 $49,128 $154,491
    Agriculture operations loans - $250k-1MM 147 $39,543 $269,000