First Farmers Bank & Trust Co.

Converse, Indiana, Miami County

$3.5B in total assets, the 380th largest of 4,309 US banks and 12th of 89 headquartered in Indiana.

At a glance

Compared with 16 banks headquartered in Indiana with $1 billion to $10 billion in assets, as of June 30, 2026.

Measure	This bank	Percentile	Peer median
Total assets	$3.5B	56%	$3.1B
Loans	$2.6B	56%	$2.0B
Deposits	$3.0B	56%	$2.8B
Return on assets	1.62%	69%	1.22%
Net interest margin	4.00%	69%	3.52%
Efficiency ratio	46.9%	12%	56.5%
Equity to assets	9.76%	50%	9.56%
Loans to deposits	85%	50%	85%

Total assets grew 8.8% a year over the last 5 years and 8.4% a year over 10 years, without acquisitions.

Closed	Acquired bank	Assets at acquisition
Apr 2016	The Citizens Exchange Bank Fairmount, IN	$57M
Apr 2015	The First National Bank of Chrisman Chrisman, IL	$37M
Apr 2015	United Community Bank Oakwood, IL	$47M
Apr 2015	Community Bank Hoopeston, IL	$83M
May 2012	The Citizens National Bank of Paris Paris, IL	$215M
Dec 2009	Central Bank Russiaville, IN	$54M
Jan 1995	First Farmers National Bank Converse, IN, an affiliate under the same holding company	$73M
Jul 1975	State Bank of Amboy Amboy, IN	n/a

37 branches in 20 counties.

County	Deposits	Market share	Rank
Howard County, IN	$622M	31.1%	2 of 8
Miami County, IN	$506M	63.4%	1 of 7
Cass County, IN	$279M	23.5%	2 of 6
Tipton County, IN	$205M	76.5%	1 of 3
Hamilton County, IN	$199M	0.7%	17 of 32
Grant County, IN	$175M	16.1%	3 of 7

Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.

Net gain of 1 branch since 2016 (36 to 37, +2.8%). 10 opened, 1 acquired, 10 closed or sold.

Period	What happened	Opened or acquired	Closed or sold	Net change	Branches at end
Start of 2016	Starting point				36
2016	Acquired The Citizens Exchange BankClosed Farmersburg	1	1	0	36
2017	Closed Bargersville and Dana	0	2	−2	34
2018	Opened Lafayette and Terre Haute	2	0	+2	36
2019	Opened Hoopeston and LafayetteClosed 3 in 2 states	2	3	−1	35
2020	Opened CiceroClosed Danville	1	1	0	35
2021	Opened PeruClosed Lafayette	1	1	0	35
2023	Opened Carmel	1	0	+1	36
2024	Opened Lafayette	1	0	+1	37
2025	Opened Carmel and LebanonClosed Carmel and Peru	2	2	0	37

Type	This bank	Peers
Commercial real estate	26%	27%
Business (C&I)	18%	17%
Agricultural	14%	1%
Farmland	12%	5%
1-4 family residential	9%	23%
Construction and land	9%	7%
Multifamily	8%	12%
Consumer	1%	3%
Other	3%	3%

Type	This bank	Peers
Other interest-bearing	62%	59%
Time deposits	22%	23%
Noninterest-bearing	15%	18%

Brokered deposits are 5.9% of deposits (peers 4.6%).

Trailing four quarters, with the peer median.

Noncurrent loans exclude government-guaranteed portions.

Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/first-farmers-bank-trust-converse-in