First Federal Bank in Tallahassee, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 07, 1996

First Federal Bank in Tallahassee, Florida (FL)
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First Federal Bank - Overview

General
FDIC Certificate #: 31194
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Capital City Bank (#9622)
Federal Reserve ID: 830270
Date Established: July 08, 1960
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 6514
FDIC's unique #: 44028
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: July 08, 1960
Last Structure Change Effective Date: December 07, 1996
Last Structure Change Process Date: December 20, 1996
Last Data Update: December 20, 1996
Data Source Date: April 05, 2012
Location
Address: 1301 Metropolitan Boulevard, Tallahassee, FL 32308
County: Leon
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Gainesville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240)
Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
CBSA Metro Statistical Area: Tallahassee, FL (#45220)
Financial Summary
Total assets: $237.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$96Total assets
$235,533Cash and due from depository institutions
$6,060Interest-bearing balances
$1,220Securities
$39,443Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$177,580Loan loss allowance
$1,436Trading account assets
$0Bank premises and fixed assets
$8,794Other real estate owned
$490Goodwill and other intangibles
$3,166Life insurance assets
$0All other assets
$0Total liabilities and capital
$235,533Total liabilities
$220,537Total deposits
$208,487Interest-bearing deposits
$200,099Deposits held in domestic offices
208487.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$11,000Subordinated debt
$0All other liabilities
$1,050Total equity capital
$1,050Total bank equity capital
$14,996Perpetual preferred stock
$0Common stock
$1Surplus
$3,439Undivided profits
Memoranda
$11,556Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$119Income earned, not collected on loans
$1,071Earning assets
$218,243Long-term assets (5+ years)
$0Average Assets, year-to-date
$223,656Average Assets, quarterly
$234,084Volatile liabilities
$33,474Insider loans
$1,618FHLB advances
$11,000Loans and leases held for sale
$0Unused loan commitments
$9,546Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$14,986Total risk weighted assets
$139,113Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$16,693Total interest expense
$10,161Net interest income
$6,532Provision for loan and lease losses
-$3Total noninterest income
$1,222Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,222Total noninterest expense
$5,833Salaries and employee benefits
$3,183Premises and equipment expense
$1,125Additional noninterest expense
$1,525Pre-tax net operating income
$1,924Securities gains (losses)
$345Applicable income taxes
$847Income before extraordinary items
$1,422Extraordinary gains - net
$0Net income attributable to bank
$1,422Net charge-offs
$92Cash dividends
$462Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.99%Cost of funding earning assets
4.86%Net interest margin
3.13%Noninterest income to earning assets
0.59%Noninterest expense to earning assets
2.79%Net operating income to assets
0.54%Return on assets (ROA)
0.64%Pretax return on assets
1.01%Return on equity (ROE)
9.94%Retained earnings to average equity (YTD only)
6.71%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
-3.26%Efficiency ratio
75,226Assets per employee
2.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.49%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
1206.72%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.07%Net loans and leases to deposits
85.18%Net loans and leases to core deposits
95.47%Equity capital to assets
6.37%Core capital (leverage) ratio
6.36%Tier 1 risk-based capital ratio
10.77%Total risk-based capital ratio
Memoranda
$11Average assets
$223,656Average earning assets
$14,300Average equity
$208,884Average loans

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