First Federal Savings Bank in city_name, state_name - Detailed Financial Reports, Location

First Federal Savings Bank in Sistersville, West Virginia (WV)
Show street view No street view available for this location

First Federal Savings Bank - Overview

General
FDIC Certificate #: 28746
Status: Active
Federal Reserve ID: 630779
Date Established: January 01, 1933
WWW: http://www.firstfedwv.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 2275
FDIC's unique #: 41580
Numeric code: 33
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: December 05, 1934
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: 726 Wells Street, Sistersville, WV 26175
County: Tyler
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Scott Depot
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $47.1 mil
Equity capital: $8.1 mil
Deposits held in domestic offices: $37.0 mil
Return on assets (ROA): 0.63% ($0.3 mil)
Quarterly return on assets: 0.74% ($0.3 mil)
Return on Equity (ROE): 3.79% ($0.3 mil)
Quarterly return on equity: 4.31% ($0.3 mil)
Net income: $0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.98% ($461.2 mil)
Quarterly Pretax return on assets: 1.10% ($517.6 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
17Total employees (full-time equivalent)
$47,059Total assets
$4,707Cash and due from depository institutions
$4,364Interest-bearing balances
$11,624Securities
$0Federal funds sold & reverse repurchase agreements
$27,054Net loans & leases
$217Loan loss allowance
$0Trading account assets
$1,247Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$47,059Life insurance assets
$2,427All other assets
$38,951Total liabilities and capital
$36,989Total liabilities
$35,444Total deposits
$36,989Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,650Trading liabilities
$0Other borrowed funds
$312Subordinated debt
$8,108All other liabilities
$8,108Total equity capital
$8,108Total bank equity capital
$0Perpetual preferred stock
$10Common stock
$3,087Surplus
$5,011Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$359Income earned, not collected on loans
$0Earning assets
$197Long-term assets (5+ years)
$43,042Average Assets, year-to-date
$0Average Assets, quarterly
$47,843Volatile liabilities
$47,152Insider loans
$20,158FHLB advances
$46,570Loans and leases held for sale
$1,760Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,785Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,875Restructured Loans and leases
$172Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,138Total interest income
$502Total interest expense
$1,636Net interest income
-$16Provision for loan and lease losses
$249Total noninterest income
$0Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$210Additional noninterest income
$1,432Total noninterest expense
$818Salaries and employee benefits
$309Premises and equipment expense
$305Additional noninterest expense
$469Pre-tax net operating income
$0Securities gains (losses)
$169Applicable income taxes
$300Income before extraordinary items
$0Extraordinary gains - net
$300Net income attributable to bank
$0Net charge-offs
$300Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.90%Yield on earning assets
1.15%Cost of funding earning assets
3.75%Net interest margin
0.57%Noninterest income to earning assets
3.28%Noninterest expense to earning assets
0.63%Net operating income to assets
0.63%Return on assets (ROA)
0.98%Pretax return on assets
3.79%Return on equity (ROE)
3.79%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
75,968Assets per employee
2.77%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
60.45%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.32%Net loans and leases to deposits
73.14%Net loans and leases to core deposits
73.14%Equity capital to assets
17.23%Core capital (leverage) ratio
16.72%Tier 1 risk-based capital ratio
38.62%Total risk-based capital ratio
Memoranda
$40Average assets
$47,843Average earning assets
$7,907Average equity
$43,596Average loans

List of branches

2 West Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	41580	First Federal Savings Bank	726 Wells Street, Sistersville, WV 26175	January 01, 1933	Full Service Brick and Mortar
1	433478	Parkersburg Branch	2904 Pike Street, Parkersburg, WV 26103	May 15, 2000	Full Service Brick and Mortar

First Federal Savings Bank in Sistersville, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Savings Bank in Sistersville, West Virginia (WV)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Savings Bank in Sistersville, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches