First Farmers Bank & Trust Co.: how it compares with its peers
Against 447 U.S. banks with half to twice its assets, First Farmers Bank & Trust Co.'s strongest measure in Q2 2026 is efficiency ratio (46.86% vs. a 58.17% peer median). Its weakest relative measure is assets per employee ($7.9M vs. $9.2M).
| Measure | This bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.65% | 1.27% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 4.00% | 3.68% | Top third Ahead of 69% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 46.86% | 58.17% | Top third Ahead of 81% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $7.9M | $9.2M | Bottom third Ahead of 33% of peers |
| Loans to deposits Net loans and leases over total deposits. | 83.83% | 88.61% | Context |
What it means for lending operations
Its efficiency ratio of 46.86% is better than the 58.17% peer median. Banks that already run lean usually find their next gains in loan growth: faster digital applications and fewer borrowers abandoning a slow document chase.
Banks closest in size
- Bank of Ann Arbor Ann Arbor, MI · $3.50B
- MVB Bank, Inc Fairmont, WV · $3.50B
- The Farmers & Merchants State Bank Archbold, OH · $3.49B
- Cache Valley Bank Logan, UT · $3.49B
- Ponce Bank, National Association Bronx, NY · $3.49B
- Banco do Brasil Americas Miami, FL · $3.47B
Questions about First Farmers Bank & Trust Co.
How big is First Farmers Bank & Trust Co.?
First Farmers Bank & Trust Co., established in 1932, is headquartered in Converse, IN. It reported $3.50B in total assets in its Q2 2026 FDIC call report and operates 37 offices.
What is First Farmers Bank & Trust Co.'s return on assets?
1.65% annualized in Q2 2026, against a 1.27% median for 447 U.S. banks with half to twice its assets, ahead of 77% of them.
What is First Farmers Bank & Trust Co.'s efficiency ratio?
46.86% in Q2 2026: it spent about 47 cents in noninterest expense for each dollar of revenue. The peer median is 58.17%, and lower is better.
Is First Farmers Bank & Trust Co. growing its loans?
Net loans grew 5.4% over the year to Q2 2026, while deposits grew 5.8%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are U.S. banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Indiana bank ranked.