First Farmers & Merchants Bank
Headquarters: Cannon Falls, Minnesota
Overview
First Farmers & Merchants Bank is an FDIC-insured bank headquartered in Cannon Falls, Minnesota. It reported $473.46M in assets and $426.00M in deposits for the period ending March 31, 2026. Bankular currently lists 7 branch locations.
What Bankular checked
These dates identify the official records and review steps supporting this profile.
Quarterly change
What changed since the previous report
December 31, 2025 to March 31, 2026
These comparisons use consecutive official regulatory reporting periods. A change is descriptive and is not a recommendation or safety rating.
Financial indicators
Capital, profitability and credit quality
These are the latest reported capital, profitability and credit-quality measures available for this institution. Read the figures together rather than as a single safety rating.
Branch footprint
Where First Farmers & Merchants Bank has branches
Explore the cities with the most currently listed locations. Branch hours can change, so confirm current lobby, drive-through and appointment hours with the institution before visiting.
Locations
Find a branch of First Farmers & Merchants Bank
Bellechester
601 1st St, Bellchester, Minnesota, 55027
Limited Service: Drive Thru/Detached Facility · Opened February 2, 1981
Cannon Falls Family Fare
425 Main St W, Cannon Falls, Minnesota, 55009
Limited Service: Drive Thru/Detached Facility · Opened August 27, 2001
Address and directions →Goodhue Branch
202 3rd Ave, Goodhue, Minnesota, 55027
Full-service branch · Opened January 1, 1914
Le Sueur Branch
112 S Main St, Le Sueur, Minnesota, 56058
Full-service branch · Opened October 28, 1933
Main Office
920 4th St S, Cannon Falls, Minnesota, 55009
Full-service branch · Opened June 21, 1915
Red Wing Branch
3141 N Service Dr, Red Wing, Minnesota, 55066
Full-service branch · Opened December 23, 2003
Financial overview
Latest reported figures
Through March 31, 2026
Financial trends
How the balance sheet has changed
Compare recent quarters to see the direction of assets, deposits and loans.
| Quarter | Assets | Deposits | Net loans | ROA |
|---|---|---|---|---|
| March 31, 2026 | $473.46M | $426.00M | $294.15M | 1.18% |
| December 31, 2025 | $489.58M | $441.77M | $290.86M | 1.03% |
| September 30, 2025 | $472.14M | $426.53M | $293.93M | 1.01% |
| June 30, 2025 | $464.27M | $421.01M | $292.32M | 0.97% |
| March 31, 2025 | $451.45M | $409.84M | $281.34M | 0.88% |
| December 31, 2024 | $454.55M | $415.41M | $276.12M | 0.53% |
| September 30, 2024 | $460.02M | $395.95M | $280.85M | 0.45% |
| June 30, 2024 | $465.02M | $398.03M | $283.78M | 0.44% |
Size and reach
How this institution compares
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More on First Farmers & Merchants Bank
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Branch locations
7 listed locations.
Explore →Compare this institution
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Explore →State banking market
Explore institutions and deposit-market context in Minnesota.
Explore →Cannon Falls banking market
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Explore →Rankings and research
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Explore →Sources and methodology
Review the official sources and reporting periods.
Explore →Frequently asked questions
Is First Farmers & Merchants Bank federally insured?
Yes. Bankular identifies this institution in FDIC records under certificate 10168.
Where is First Farmers & Merchants Bank headquartered?
First Farmers & Merchants Bank is headquartered in Cannon Falls, Minnesota, at 920 4th St S, Cannon Falls, Minnesota, 55009.
How large is First Farmers & Merchants Bank?
It reported $473.46M in assets and $426.00M in deposits for the period ending March 31, 2026.
How many locations does First Farmers & Merchants Bank have?
Bankular currently lists 7 branch locations for this institution.
Data sources and methodology
Bankular combines official regulatory records with institution-published product information. The detailed sources are available below for readers who want to verify a figure.