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

Jump to:

Mortgage Data

Bank Data

Review & Overview

First Farmers Bank And Trust Company is a smaller bank specializing in Cash Out Refi, 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 44 markets. (Some data included below & more in-depth data is available with an active subscription.)

First Farmers Bank And Trust Company has an 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% 11/21/24
30 Year Conventional Purchase 7.11% 11/21/24
30 Year Conventional Refi 6.90% 11/21/24
30 Year Cash-out Refi 7.14% 11/21/24
30 Year FHA Purchase 8.33% 11/21/24
30 Year USDA Purchase 8.13% 11/21/24
15 Year Conventional Purchase 6.27% 11/21/24
15 Year Conventional Refi 6.03% 11/21/24
15 Year Cash-out Refi 6.03% 11/21/24
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

1,536

Origination Dollar Volume (All Markets)

$226,570,000

Employee count

363 Show all (10) 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
KOKOMO, IN (FHA|USDA|VA) 308 $38,160,000 $123,896 $1,639 3.30%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 154 $35,160,000 $228,312 $1,889 3.13%
Outside of Metro Areas 291 $35,145,000 $120,773 $1,833 3.27%
Peru, IN (FHA|USDA|VA) 155 $17,375,000 $112,097 $1,795 3.49%
TERRE HAUTE, IN (FHA|USDA|VA) 134 $14,580,000 $108,806 $1,999 3.51%
Marion, IN (FHA|USDA|VA) 131 $14,135,000 $107,901 $1,723 3.40%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $12,905,000 $12,905,000 $0 3.25%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 57 $11,875,000 $208,333 $1,820 3.27%
Logansport, IN (FHA|USDA|VA) 77 $7,955,000 $103,312 $1,742 3.22%
Wabash, IN (FHA|USDA|VA) 49 $5,045,000 $102,959 $1,672 3.27%
Plymouth, IN (FHA|USDA|VA) 21 $4,165,000 $198,333 $2,869 3.28%
DANVILLE, IL (FHA|USDA|VA) 47 $3,205,000 $68,191 $1,541 3.66%
Frankfort, IN (FHA|USDA|VA) 18 $2,580,000 $143,333 $2,045 3.14%
FORT WAYNE, IN (FHA|USDA|VA) 4 $2,570,000 $642,500 $1,636 3.41%
Warsaw, IN (FHA|USDA|VA) 10 $2,260,000 $226,000 $2,177 3.11%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $2,110,000 $1,055,000 $7,353 3.19%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,050,000 $256,250 $2,521 3.19%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,885,000 $628,333 $10,050 3.96%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 4.50%
LOUISVILLE, KY (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 3.63%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $945,000 $315,000 $4,261 2.92%
Huntington, IN (FHA|USDA|VA) 6 $890,000 $148,333 $1,733 3.54%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 5 $835,000 $167,000 $1,835 3.25%
BLOOMINGTON, IN (FHA|USDA|VA) 8 $810,000 $101,250 $2,659 3.74%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 8 $780,000 $97,500 $1,639 3.36%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $670,000 $335,000 $2,895 2.75%
MUNCIE, IN (FHA|USDA|VA) 5 $655,000 $131,000 $2,645 3.85%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $615,000 $615,000 $0 4.25%
Bluffton, IN (FHA|USDA|VA) 5 $565,000 $113,000 $1,661 3.13%
Auburn, IN (FHA|USDA|VA) 1 $545,000 $545,000 $2,122 3.00%
Crawfordsville, IN (FHA|USDA|VA) 3 $495,000 $165,000 $2,162 3.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $465,000 $465,000 $2,278 2.75%
Charleston-Mattoon, IL (FHA|USDA|VA) 5 $455,000 $91,000 $1,737 2.90%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $455,000 $455,000 $3,824 2.38%
Traverse City, MI (FHA|USDA|VA) 1 $405,000 $405,000 $2,714 2.75%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $265,000 $265,000 $2,260 3.38%
Vincennes, IN (FHA|USDA|VA) 1 $245,000 $245,000 $1,324 2.75%
Cookeville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $2,190 3.38%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $225,000 $225,000 $1,393 2.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $145,000 $145,000 $2,341 2.75%
Greenville, OH (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.38%
Richmond, IN (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.00%
Angola, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 3.88%
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)
  • Ohio (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Missouri (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.

    Crossroads Bank
    Similarity Rank: 220
    Mutual Savings Bank
    Similarity Rank: 264
    BEACON CREDIT UNION
    Similarity Rank: 288
    The Riddell National Bank
    Similarity Rank: 300
    Vibrant Credit Union
    Similarity Rank: 304
    Longview Bank & Trust
    Similarity Rank: 360
    Security Federal Savings Bank
    Similarity Rank: 392
    The Fountain Trust Company
    Similarity Rank: 483
    Independent Federal Credit Union
    Similarity Rank: 560

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,089 $203,225,000 $186,616 $1,847 3.14%
    HELOC 447 $23,345,000 $52,226 n/a 3.79%

    For 2021, First Farmers Bank And Trust Company's most frequently originated type of loan was Conventional, with 1,089 originations. Their 2nd most popular type was HELOC, with 447 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 709 $72,085,000 $101,671 $1,873 3.48%
    Home Purchase 422 $97,610,000 $231,303 $2,007 3.43%
    Refi 330 $52,200,000 $158,182 $1,655 2.83%
    Home Improvement 72 $4,250,000 $59,028 $1,703 3.58%
    Other 3 $425,000 $141,667 $1,820 2.79%

    For 2021, First Farmers Bank And Trust Company's most frequently cited loan purpose was Cash Out Refi, with 709 originations. The 2nd most popular reason was Home Purchase, with 422 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 749 $69,325,000 $92,557 $1,740 3.36%
    30 Year 540 $102,160,000 $189,185 $1,927 3.27%
    20 Year 151 $24,565,000 $162,682 $1,756 3.24%
    Other 46 $10,650,000 $231,522 $2,071 3.81%
    10 Year 40 $5,360,000 $134,000 $1,638 3.07%
    1 Year 5 $1,015,000 $203,000 $0 4.85%
    5 Year 3 $13,185,000 $4,395,000 $0 3.92%
    3 Year 2 $310,000 $155,000 $0 3.88%

    For 2021, First Farmers Bank And Trust Company's most frequently cited loan duration was 15 Year, with 749 originations. The 2nd most popular length was 30 Year, with 540 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 902 $138,850,000 $153,936
    $1k-2k 70 $14,080,000 $201,143
    $2k-3k 23 $7,015,000 $305,000
    $3k-4k 6 $1,830,000 $305,000
    $4k-5k 3 $635,000 $211,667
    $5k+ 3 $1,175,000 $391,667

    First Farmers Bank And Trust Company's average total fees were $1,927, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 902 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 687 $93,875,000 $136,645
    2.5-3% 386 $68,950,000 $178,627
    4-5% 227 $32,375,000 $142,621
    <2.5% 215 $29,195,000 $135,791
    5-6% 20 $2,140,000 $107,000
    7-8% 1 $35,000 $35,000

    During 2021, First Farmers Bank And Trust Company's average interest rate for loans was 3.27%, while their most frequently originated rate bucket for loans was 3-4%, with 687 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 759 $40,365,000 $53,182 $1,637 3.54%
    $100k-200k 479 $67,405,000 $140,720 $1,753 3.11%
    $200k-400k 240 $62,880,000 $262,000 $2,031 3.09%
    $400k-600k 45 $22,285,000 $495,222 $3,072 3.11%
    $1MM+ 9 $30,625,000 $3,402,778 $11,002 4.02%
    $600k-1MM 4 $3,010,000 $752,500 $2,578 4.47%

    2021 saw First Farmers Bank And Trust Company place emphasis on $100,000 or less loans with 759 originations, totaling $40,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 375 $29,955,000 $79,880 $1,657 3.36%
    $50k-75k 364 $41,030,000 $112,720 $1,813 3.28%
    $100k-150k 300 $44,930,000 $149,767 $1,987 3.30%
    $75k-100k 227 $28,515,000 $125,617 $1,872 3.28%
    $150k-250k 115 $22,465,000 $195,348 $1,947 3.20%
    $250k+ 48 $15,610,000 $325,208 $3,121 3.16%

    First Farmers Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 375 originations. The second most popular income band? $50k-75k, with 364 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 460 $55,760,000 $121,217 $1,752 3.25%
    <20% 286 $30,520,000 $106,713 $1,832 3.20%
    30-36% 256 $31,360,000 $122,500 $1,829 3.28%
    39% 56 $6,720,000 $120,000 $1,671 3.48%
    37% 51 $8,765,000 $171,863 $2,099 3.27%
    38% 47 $6,695,000 $142,447 $2,091 3.44%
    41% 44 $8,010,000 $182,045 $1,960 3.18%
    42% 38 $5,270,000 $138,684 $1,799 3.20%
    40% 32 $4,940,000 $154,375 $1,788 3.10%
    36% 31 $3,975,000 $128,226 $1,844 3.41%
    43% 24 $3,420,000 $142,500 $2,040 3.20%
    44% 19 $2,635,000 $138,684 $1,696 3.21%
    47% 18 $3,580,000 $198,889 $1,949 3.21%
    46% 17 $1,965,000 $115,588 $2,261 3.21%
    45% 16 $2,860,000 $178,750 $2,015 3.08%
    48% 14 $2,730,000 $195,000 $1,958 2.97%
    50-60% 14 $2,320,000 $165,714 $1,882 3.66%
    49% 13 $2,065,000 $158,846 $2,359 2.91%
    >60% 13 $2,485,000 $191,154 $2,117 4.80%

    First Farmers Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 460 originations. The next most common DTI ratio? <20%, with 286 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,352 $175,460,000 $129,778 $1,843 3.27%
    Not applicable 46 $36,450,000 $792,391 $0 4.37%
    Not provided 116 $11,650,000 $100,431 $1,904 3.53%
    Asian 9 $1,505,000 $167,222 $1,839 2.94%
    American Indian 8 $1,030,000 $128,750 $1,946 3.67%
    Black 5 $475,000 $95,000 $2,048 3.68%

    Approval Rates

    Total approvals of all applications
    88.04%

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

    Pick Rate

    Approvals leading to origination
    80.34%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,536 $226,570,000 $147,507

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,536 $226,570,000 $147,507

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 208 $18,220,000 $87,596 $1,698 3.45%
    40-60% 300 $36,620,000 $122,067 $1,703 2.98%
    60-80% 519 $114,485,000 $220,588 $1,883 3.28%
    80-100% 294 $49,630,000 $168,810 $1,951 3.23%
    Over 100% 3 $325,000 $108,333 $0 4.78%
    Under 20% 212 $7,290,000 $34,387 $1,366 3.93%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST UNITED BANK AND TRUST COMPANY Conventional home mortgage Closing on a mortgage 1 100.0%

    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 $55,429
    First Farmers Bank & Trust Co. 10077 North State Road 37 Elwood, IN 46036 Full Service B&M $57,269
    First Farmers Bank & Trust Co. 101 North Main Street Culver, IN 46511 Full Service B&M $55,653
    First Farmers Bank & Trust Co. 101 W Sycamore St Kokomo, IN 46901 Full Service B&M $133,160
    First Farmers Bank & Trust Co. 102 South Main Street Fairmount, IN 46928 Full Service B&M $63,064
    First Farmers Bank & Trust Co. 103 West National Avenue Brazil, IN 47834 Full Service B&M $41,885
    First Farmers Bank & Trust Co. 106 South Oakwood Street Oakwood, IL 61858 Full Service B&M $51,331
    First Farmers Bank & Trust Co. 1100 S Peru St Cicero, IN 46034 Full Service B&M $20,700
    First Farmers Bank & Trust Co. 112 South California Street Galveston, IN 46932 Full Service B&M $51,405
    First Farmers Bank & Trust Co. 12 West Main Street Oakland, IL 61943 Full Service B&M $31,767
    First Farmers Bank & Trust Co. 120 South Broadway Peru, IN 46970 Full Service B&M $100,687
    First Farmers Bank & Trust Co. 123 North Jefferson Street Converse, IN 46919 Full Service B&M $227,572
    First Farmers Bank & Trust Co. 1402 S. Heaton Knox, IN 46534 Full Service B&M $46,931
    First Farmers Bank & Trust Co. 147 West Monroe Avenue Chrisman, IL 61924 Full Service B&M $40,001
    First Farmers Bank & Trust Co. 160 W Main St Russiaville, IN 46979 Full Service B&M $37,178
    First Farmers Bank & Trust Co. 1710 W Kem Rd Marion, IN 46952 Full Service B&M $67,933
    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 $44,122
    First Farmers Bank & Trust Co. 2359 South State Road 46 Terre Haute, IN 47803 Full Service B&M $2,897
    First Farmers Bank & Trust Co. 2400 West State Road 38 Sheridan, IN 46069 Full Service B&M $53,394
    First Farmers Bank & Trust Co. 244 Hauenstein Road Huntington, IN 46750 Full Service B&M $15,926
    First Farmers Bank & Trust Co. 302 Keller Avenue North Judson, IN 46366 Full Service B&M $49,555
    First Farmers Bank & Trust Co. 315 East Davis Drive Terre Haute, IN 47802 Full Service B&M $48,934
    First Farmers Bank & Trust Co. 32 South Court Street Sullivan, IN 47882 Full Service B&M $78,631
    First Farmers Bank & Trust Co. 3510 State Road 38 East Lafayette, IN 47905 Full Service B&M $11,562
    First Farmers Bank & Trust Co. 3910 East Market Street Logansport, IN 46947 Full Service B&M $39,873
    First Farmers Bank & Trust Co. 410 Flint Way Drive Kokomo, IN 46901 Full Service B&M $51,885
    First Farmers Bank & Trust Co. 501 West Lincoln Road Kokomo, IN 46901 Full Service B&M $63,592
    First Farmers Bank & Trust Co. 603 West Main Street Greentown, IN 46936 Full Service B&M $95,102
    First Farmers Bank & Trust Co. 709 East Columbia Street Flora, IN 46929 Full Service B&M $24,142
    First Farmers Bank & Trust Co. 801 Main Street Clay City, IN 47841 Full Service B&M $32,963
    First Farmers Bank & Trust Co. 825 East Jefferson Street Tipton, IN 46072 Full Service B&M $115,652
    First Farmers Bank & Trust Co. 8964 North Terre Haute Road Paris, IL 61944 Full Service B&M $92,396
    First Farmers Bank & Trust Co. 905 South Dixie Highway Hoopeston, IL 60942 Full Service B&M $67,814

    For 2021, First Farmers Bank And Trust Company had 34 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $87,051
    Net interest income $80,173
    Total noninterest income $23,800
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,617
    Trading account gains and fees $1,141
    Additional Noninterest Income $19,042
    Pre-tax net operating income $43,395
    Securities gains (or losses, -) $215
    Income before extraordinary items $35,959
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $35,959
    Minority interest net income $0
    Net income $35,959
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $35,782

    First Farmers Bank And Trust Company's gross interest income from loans was $87,051,000.
    First Farmers Bank And Trust Company's net interest income from loans was $80,173,000.
    First Farmers Bank And Trust Company's fee based income from loans was $3,617,000.
    First Farmers Bank And Trust Company's net income from loans was $35,959,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,878
    Provision for credit losses $9,500
    Total noninterest expense $51,078
    Salaries and employee benefits $29,934
    Premises and equipment expense $7,293
    Additional noninterest expense $13,851
    Applicable income taxes $7,651
    Net charge-offs $7,565
    Cash dividends $11,000

    First Farmers Bank And Trust Company's interest expense for loans was $6,878,000.
    First Farmers Bank And Trust Company's payroll and benefits expense were $29,934,000.
    First Farmers Bank And Trust Company's property, plant and equipment expenses $7,293,000.

    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 1.0%
    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 $2,097,766
    Deposits held in domestic offices $2,097,766
    Deposits by Individuals, partnerships, and corporations $1,771,573
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $326,193
    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 $228,888
    Demand deposits $181,380
    Nontransaction accounts $1,868,878
    Money market deposit accounts (MMDAs) $144,178
    Other savings deposits (excluding MMDAs) $1,490,427
    Total time deposits $234,275
    Total time and savings deposits $1,916,386
    Noninterest-bearing deposits $538,595
    Interest-bearing deposits $1,559,171
    Retail deposits $1,968,015
    IRAs and Keogh plan accounts $28,538
    Brokered deposits $101,519
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,429,620
    Cash & Balances due from depository institutions $203,866
    Interest-bearing balances $164,460
    Total securities $426,618
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,697,667
    Loan and leases loss allowance $19,672
    Trading account assets $1,391
    Bank premises and fixed assets $20,772
    Other real estate owned $1,559
    Goodwill and other intangibles $15,569
    All other assets $62,178

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,429,620
    Total Liabilities $2,167,891
    Total deposits $2,097,766
    Interest-bearing deposits $1,559,171
    Deposits held in domestic offices $2,097,766
    % insured (estimated) $66
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $1,391
    Other borrowed funds $53,000
    Subordinated debt $0
    All other liabilities $15,734

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,697,667
    Loan and leases loss allowance $19,672
    Total loans and leases (domestic) $1,717,339
    All real estate loans $1,031,606
    Real estate loans in domestic offices $1,031,606
    Construction and development loans $138,253
    Residential 1-4 family construction $19,896
    Other construction, all land development and other land $118,357
    Loans secured by nonfarm nonresidential properties $382,990
    Nonfarm nonresidential secured by owner-occupied properties $153,011
    Commercial real estate & other non-farm, non-residential $229,979
    Multifamily residential real estate $73,141
    1-4 family residential loans $125,846
    Farmland loans $311,376
    Loans held in foreign offices $0
    Farm loans $236,717
    Commercial and industrial loans $363,042
    To non-U.S. addressees $0
    Loans to individuals $15,934
    Credit card loans $0
    Related Plans $129
    Consumer Auto Loans $11,845
    Other loans to individuals $3,960
    All other loans & leases $70,040
    Loans to foreign governments and official institutions $0
    Other loans $737
    Loans to depository institutions and acceptances of other banks $132
    Loans not secured by real estate $26,644
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $10,981
    Non 1-4 family restructured loans & leases $10,761
    Total loans and leases (foreign) $0

    First Farmers Bank and Trust Company had $1,697,667,000 of loans outstanding in 2021. $1,031,606,000 of loans were in real estate loans. $138,253,000 of loans were in development loans. $73,141,000 of loans were in multifamily mortgage loans. $125,846,000 of loans were in 1-4 family mortgage loans. $236,717,000 of loans were in farm loans. $0 of loans were in credit card loans. $11,845,000 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 445 $85,038 $191,097
    Nonfarm, nonresidential loans - <$100k 145 $5,533 $38,159
    Nonfarm, nonresidential loans - $100-250k 132 $15,559 $117,871
    Nonfarm, nonresidential loans - $250k-1MM 168 $63,946 $380,631
    Commercial & Industrial, US addressed loans - <$1MM 776 $90,631 $116,793
    Commercial & Industrial, US addressed loans - <$100k 469 $12,512 $26,678
    Commercial & Industrial, US addressed loans - $100-250k 171 $22,146 $129,509
    Commercial & Industrial, US addressed loans - $250k-1MM 136 $55,973 $411,566
    Farmland loans - <$1MM 613 $79,940 $130,408
    Farmland loans - <$100k 203 $13,233 $65,187
    Farmland loans - $100-250k 250 $28,882 $115,528
    Farmland loans - $250k-1MM 160 $37,825 $236,406
    Agriculture operations loans - <$1MM 1,027 $99,606 $96,987
    Agriculture operations loans - <$100k 599 $21,856 $36,487
    Agriculture operations loans - $100-250k 309 $45,038 $145,754
    Agriculture operations loans - $250k-1MM 119 $32,712 $274,891