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BankSonar

First Farmers & Merchants Bank

Cannon Falls, MN · State, non-member commercial bank

62

Sonar Score

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out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$473.5M
Total deposits
$426M
Branches
7
Return on assets
1.18%
Return on equity
13.57%
Charter type
State, non-member commercial bank
Established
1915
FDIC cert #
10168

How the 62 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at First Farmers & Merchants Bank

First Farmers & Merchants Bank is an FDIC-insured institution (Cert #10168). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

7 branch locations

13313 County 1 Blvd

Cannon Falls, MN 55009

601 1st St

Bellchester, MN 55027

425 Main St W

Cannon Falls, MN 55009

3141 N Service Dr

Red Wing, MN 55066

112 S Main St

Le Sueur, MN 56058

920 4th St S

Cannon Falls, MN 55009

202 3rd Ave

Goodhue, MN 55027

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