Fairfield Federal Savings and Loan Association of Lancaster in Lancaster, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Fairfield Federal Savings and Loan Association of Lancaster in Lancaster, Ohio (OH)
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Fairfield Federal Savings and Loan Association of Lancaster - Overview

  • General
  • FDIC Certificate #: 27806
    Status: Active
    Federal Reserve ID: 666974
    Date Established: January 01, 1895
    WWW: http://www.fairfieldfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 311
    FDIC's unique #: 40640
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: November 04, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 East Main Street, Lancaster, OH 43130
    County: Fairfield
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $268.8 mil
    Equity capital: $23.6 mil
    Deposits held in domestic offices: $234.7 mil
    Return on assets (ROA): 0.19% ($0.5 mil)
    Quarterly return on assets: 0.20% ($0.5 mil)
    Return on Equity (ROE): 2.16% ($0.5 mil)
    Quarterly return on equity: 2.28% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.28% ($752.6 mil)
    Quarterly Pretax return on assets: 0.30% ($806.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 53Total employees (full-time equivalent)
  • $268,772Total assets
  • $21,624Cash and due from depository institutions
  • $19,330Interest-bearing balances
  • $9,571Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $229,490Net loans & leases
  • $300Loan loss allowance
  • $0Trading account assets
  • $2,386Bank premises and fixed assets
  • $492Other real estate owned
  • $0Goodwill and other intangibles
  • $268,772Life insurance assets
  • $5,209All other assets
  • $245,168Total liabilities and capital
  • $234,715Total liabilities
  • $229,178Total deposits
  • $234,715Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,920Trading liabilities
  • $0Other borrowed funds
  • $533Subordinated debt
  • $23,604All other liabilities
  • $23,604Total equity capital
  • $23,604Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $23,604Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,643Income earned, not collected on loans
  • $0Earning assets
  • $999Long-term assets (5+ years)
  • $258,391Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $268,990Volatile liabilities
  • $267,857Insider loans
  • $146,753FHLB advances
  • $268,669Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,501Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,021Restructured Loans and leases
  • $463Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,286Total interest income
  • $4,009Total interest expense
  • $8,277Net interest income
  • $270Provision for loan and lease losses
  • $504Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $504Additional noninterest income
  • $7,746Total noninterest expense
  • $4,876Salaries and employee benefits
  • $813Premises and equipment expense
  • $2,057Additional noninterest expense
  • $765Pre-tax net operating income
  • $0Securities gains (losses)
  • $261Applicable income taxes
  • $504Income before extraordinary items
  • $0Extraordinary gains - net
  • $504Net income attributable to bank
  • $0Net charge-offs
  • $504Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 2.16%Return on equity (ROE)
  • 2.16%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 270.00%Credit loss provision to net charge-offs
  • 10.35%Efficiency ratio
  • 88,213Assets per employee
  • 5.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.13%Loss allowance to noncurrent loans
  • 18.26%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 97.77%Net loans and leases to core deposits
  • 102.09%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 16.01%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $268,990Average earning assets
  • $23,355Average equity
  • $259,005Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    040640Fairfield Federal Savings And Loan A111 East Main Street, Lancaster, OH 43130January 01, 1895Full Service Brick and Mortar
    102464069W Fair Ave Branch1100 W Fair Ave, Lancaster, OH 43130April 01, 1999Full Service Brick and Mortar
    103464071Crosscreeks Blvd Branch1515 Cross Creeks Blvd, Pickerington, OH 43147April 01, 1999Full Service Brick and Mortar

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