First Farmers & Commercial Bank


First Farmers & Commercial Bank is an FDIC insured institution headquartered at 441 Spring St, Pikeville, TN 37367.
It was founded in 1913 and has approximately $0 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - April 25, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 4960
Date Established 1913
Assets $ 211.02 million
Loans $ 152.71 million
Deposits $ 191.81 million
Capital $ 18.06 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 8.96 million
Interest-bearing balances $ 5.71 million
Total securities $ 25.20 million
Federal funds sold and reverse repurchase $ 12.84 million
Net loans and leases $ 152.71 million
Loan loss allowance $ 2.44 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 4.19 million
     Total Assets $ 192.96 million

LIABILITIES
Total deposits $ 191.81 million
      Interest-bearing deposits $ 150.87 million
      Deposits held in domestic offices $ 191.81 million
      % insured (estimated) 83.23%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.83 millionn
      Total Liabilities $ 192.96 million
      Shareholders’ Equity $ 18.06 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 10.35 million
Total Interest Expense $ 3.69 million
Net interest income $ 6.67 million
Provision for loan and lease losses $ 0.26 million
Total non interest income $ 0.57 million
Total non interest expense $ 5.18 million
Pre-tax Net Operating Income $ 1.18 million

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Branches

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First Farmers & Commercial Bank Locations