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First Farmers and Merchants (First Farmers and Merchants) Scaled Net Operating Assets : (As of . 20)


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What is First Farmers and Merchants Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Farmers and Merchants's operating assets for the quarter that ended in . 20 was $ Mil. First Farmers and Merchants's operating liabilities for the quarter that ended in . 20 was $ Mil. First Farmers and Merchants's Total Assets for the quarter that ended in . 20 was $ Mil. Therefore, First Farmers and Merchants's scaled net operating assets (SNOA) for the quarter that ended in . 20 was .


First Farmers and Merchants Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Farmers and Merchants's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(A: . 20 )
=(Operating Assets (A: . 20 )-Operating Liabilities (A: . 20 ))/Total Assets (A: . 20 )
=(-)/
=

where

Operating Assets(A: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

First Farmers and Merchants's Scaled Net Operating Assets (SNOA) for the quarter that ended in . 20 is calculated as

Scaled Net Operating Assets (SNOA)(Q: . 20 )
=(Operating Assets (Q: . 20 )-Operating Liabilities (Q: . 20 ))/Total Assets (Q: . 20 )
=(-)/
=

where

Operating Assets(Q: . 20 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
= -
=

* 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 (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.