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First Farmers and Merchants (First Farmers and Merchants) Goodwill-to-Asset : 0.00 (As of . 20)


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What is First Farmers and Merchants Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. First Farmers and Merchants's Goodwill for the quarter that ended in . 20 was $0.00 Mil. First Farmers and Merchants's Total Assets for the quarter that ended in . 20 was $0.00 Mil.


First Farmers and Merchants Goodwill-to-Asset Historical Data

The historical data trend for First Farmers and Merchants's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Farmers and Merchants Goodwill-to-Asset Chart

First Farmers and Merchants Annual Data
Trend
Goodwill-to-Asset

First Farmers and Merchants Quarterly Data
Goodwill-to-Asset

Competitive Comparison of First Farmers and Merchants's Goodwill-to-Asset

For the Banks - Regional subindustry, First Farmers and Merchants's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Farmers and Merchants's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Farmers and Merchants's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where First Farmers and Merchants's Goodwill-to-Asset falls into.



First Farmers and Merchants Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Farmers and Merchants's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
=/
=

First Farmers and Merchants's Goodwill to Asset Ratio for the quarter that ended in . 20 is calculated as

Goodwill to Asset (Q: . 20 )=Goodwill/Total Assets
=/
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Farmers and Merchants  (OTCPK:FFMH) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Farmers and Merchants Goodwill-to-Asset Related Terms

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First Farmers and Merchants (First Farmers and Merchants) Business Description

Traded in Other Exchanges
N/A
Address
816 South Garden Street, Columbia, TN, USA, 38401
First Farmers and Merchants Corp is a bank holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Farmers and Merchants Bank (the Bank). The Bank is engaged in providing a full range of banking and financial services, including lending, investing of funds, obtaining deposits, trust, and wealth management operations, and other financing activities to individual and corporate customers in the Middle Tennessee area. The Bank is subject to competition from other financial institutions. The company and the Bank are subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities.

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