TellerScore

Headquartered in Converse, Indiana, First Farmers Bank & Trust Co. is a state-chartered bank (fed member) with $3.5B in total assets and $3.0B in deposits as of Q2 2026. It operates 37 offices across 2 states. Its charter dates back to 1932.

First Farmers Bank & Trust Co. has a TellerScore of 67 out of 100 (moderate) based on Q2 2026 data — higher than only 44% of its 897 banks with $1 billion – $10 billion. Among 88 banks headquartered in Indiana, it ranks 43rd. Problem-loan coverage contributes the most (87/100, 6.7%); capital cushion contributes the least (51/100, 10.06%).

TellerScore · Q2 2026

Scorecard

Capital cushion51/100
Tier 1 leverage ratio: 10.06%
Loan quality67/100
Noncurrent loans ÷ total loans: 1.00%
Earnings86/100
Return on assets (annualized): 1.65%
Funding & liquidity59/100
Loans ÷ deposits and uninsured-deposit share: 83.8% · 30.2% uninsured
Problem-loan coverage87/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 6.74%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 3 points (64 → 67), mostly because the earnings component improved by 8 points.

TellerScore
606569Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202460
Q3 202465
Q4 202464
Q1 202568
Q2 202564
Q3 202568
Q4 202569
Q1 202667
Q2 202667
Tier 1 leverage ratio
5.00%7.54%10.08%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 20249.53%
Q3 20249.52%
Q4 20249.64%
Q1 20259.81%
Q2 20259.78%
Q3 202510.06%
Q4 202510.08%
Q1 20269.86%
Q2 202610.06%
Noncurrent loans
0.55%0.78%1.00%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20240.97%
Q3 20240.55%
Q4 20240.74%
Q1 20250.72%
Q2 20250.99%
Q3 20250.72%
Q4 20250.66%
Q1 20260.89%
Q2 20261.00%
Return on assets
0.99%1.32%1.65%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.99%
Q3 20241.04%
Q4 20241.16%
Q1 20251.56%
Q2 20251.46%
Q3 20251.48%
Q4 20251.52%
Q1 20261.60%
Q2 20261.65%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202667$3.5B10.06%1.00%1.65%83.8%
Q1 202667$3.6B9.86%0.89%1.60%80.4%
Q4 202569$3.4B10.08%0.66%1.52%86.3%
Q3 202568$3.3B10.06%0.72%1.48%83.7%
Q2 202564$3.3B9.78%0.99%1.46%84.2%
Q1 202568$3.3B9.81%0.72%1.56%84.9%
Q4 202464$3.2B9.64%0.74%1.16%83.5%
Q3 202465$3.2B9.52%0.55%1.04%82.8%
Q2 202460$3.2B9.53%0.97%0.99%88.0%

897 peers · $1 billion – $10 billion

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio10.06%
38th
Total risk-based capital14.07%
55th
Problem loans1.00%
27th
Net charge-offs-0.01%
95th
Return on assets1.65%
77th
Net interest margin4.00%
68th
Efficiency ratio46.9%
84th
Loans to deposits83.8%
58th
Uninsured deposits30.2%
52nd
Loan-loss reserves1.64%
91st
Texas ratio6.7%
27th

Similar-size banks in Indiana

InstitutionScoreAssetsCapitalProblem loansCompare
STAR Financial BankBank Fort Wayne, IN68 out of 100, Moderate$3.2B10.3%0.46%vs
The National Bank of IndianapolisBank Indianapolis, IN66 out of 100, Moderate$3.0B9.3%0.15%vs
Peoples BankBank Munster, IN53 out of 100, Below average$2.0B9.3%1.10%vs
First Bank MidwestBank Frankfort, IN52 out of 100, Below average$1.5B10.9%1.78%vs
First Internet Bank of IndianaBank Fishers, IN42 out of 100, Below average$5.5B7.6%1.56%vs
Farmers State BankBank Lagrange, IN78 out of 100, Strong$1.3B10.8%0.02%vs

Deposit insurance

Is my money safe at First Farmers Bank & Trust Co.?

Yes. First Farmers Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #12839). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 30.2% of deposits ($916.3M) are above the $250,000 FDIC insurance limit, close to the peer median of 31%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.06%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 14.07% (benchmark: 10%).

Check how much of your own balance is covered

37 locations

Branches

First Farmers Bank & Trust Co. lists 37 offices in 31 cities across 2 states. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Farmers Bank & Trust Co. reported 1,330 home-loan applications under HMDA (LEI 549300TWHZRVTZ8RYT46): 906 originated ($185,660,000 total), 228 denied, and 31 withdrawn or closed by the applicant. Its denial rate on decided applications was 17.6%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Farmers Bank & Trust Co.
Former names
Union State Bank; First Farmers Bank and Trust Company
Type
State-chartered bank (Fed member)
FDIC certificate #
12839
RSSD ID
139843
Primary regulator
FED
Holding company
First Farmers Financial Corp
Established
January 1, 1932
Headquarters
123 N Jefferson St, Converse, IN 46919
Employees
442

Quick answers

First Farmers Bank & Trust Co.: common questions

Is First Farmers Bank & Trust Co. FDIC insured?

Yes. First Farmers Bank & Trust Co. is an FDIC-insured institution (FDIC certificate #12839). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Farmers Bank & Trust Co.'s TellerScore?

67 out of 100 (Moderate), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Farmers Bank & Trust Co. ever failed?

There is no failure record for FDIC certificate #12839 in the FDIC failed bank list.

How many branches does First Farmers Bank & Trust Co. have?

37 offices as of the latest FDIC data, in 2 states.

Nearby

Highest-scoring banks and credit unions with branches near Converse

InstitutionScoreAssetsCapitalProblem loansCompare
Fo Me Bo Co Federal Credit UnionCredit union Wabash, IN98 out of 100, Very strong$3.8M17.3%0.00%vs
Fortress Federal Credit UnionCredit union Marion, IN88 out of 100, Very strong$22.3M17.6%0.08%vs
Concora Wabash Federal Credit UnionCredit union Wabash, IN82 out of 100, Strong$1.2M21.9%0.00%vs
Riverside Community Federal Credit UnionCredit union Marion, IN79 out of 100, Strong$59.6M14.7%1.13%vs
Hometown Federal Credit UnionCredit union Peru, IN79 out of 100, Strong$37.2M33.3%1.68%vs
Midwest America Federal Credit UnionCredit union Fort Wayne, IN79 out of 100, Strong$1.0B14.8%0.90%vs