First Farmers and Merchants Corporation

PINK:FFMH USA Banks - Regional
Market Cap
$150.97 Million
Market Cap Rank
#16986 Global
#6489 in USA
Share Price
$38.00
Change (1 day)
+0.00%
52-Week Range
$38.00 - $38.50
All Time High
$38.50
About

First Farmers and Merchants Corporation operates as the bank holding company for First Farmers and Merchants Bank that provides a range of banking and financial services to individual and corporate customers in Middle Tennessee and Northern Alabama. The company offers checking and savings accounts, retirement accounts, and certificates of deposit. Its loan portfolio includes home and commercial m… Read more

First Farmers and Merchants Corporation - Asset Resilience Ratio

Latest as of June 2024: -3.00%

First Farmers and Merchants Corporation (FFMH) has an Asset Resilience Ratio of -3.00% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-55.67 Million
Cash + Short-term Investments
Total Assets
$1.85 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2023)

This chart shows how First Farmers and Merchants Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down First Farmers and Merchants Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-55.67 Million -3.0%
Total Liquid Assets $-55.67 Million -3.00%

Asset Resilience Insights

  • Limited Liquidity: First Farmers and Merchants Corporation maintains only -3.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

First Farmers and Merchants Corporation Industry Peers by Asset Resilience Ratio

Compare First Farmers and Merchants Corporation's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ping An Bank Co Ltd
SHE:000001
Banks - Regional -6.06%
Bank of Ningbo Co Ltd
SHE:002142
Banks - Regional 6.40%
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
Banks - Regional -13.48%
Bank of Suzhou
SHE:002966
Banks - Regional -8.31%
Jeju Bank
KO:006220
Banks - Regional 2.45%
Industrial Bank Of Korea
KO:024110
Banks - Regional 4.07%
Hana Financial
KO:086790
Banks - Regional 3.29%
PT Bank Sinarmas Tbk
F:08S
Banks - Regional 3.70%

Annual Asset Resilience Ratio for First Farmers and Merchants Corporation (2015–2023)

The table below shows the annual Asset Resilience Ratio data for First Farmers and Merchants Corporation.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.01% $117.00K $1.87 Billion +0.00pp
2022-12-31 0.00% $57.00K $1.94 Billion -0.42pp
2021-12-31 0.42% $8.37 Million $1.97 Billion +0.22pp
2020-12-31 0.21% $3.77 Million $1.80 Billion -1.85pp
2017-12-31 2.06% $28.29 Million $1.38 Billion +1.28pp
2016-12-31 0.78% $10.38 Million $1.34 Billion -2.62pp
2015-12-31 3.39% $42.77 Million $1.26 Billion --
pp = percentage points