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

This bank is inactive as of December 17, 1993

First Federal Savings Bank in Marianna, Florida (FL)
Show street view No street view available for this location

First Federal Savings Bank - Overview

General
FDIC Certificate #: 29275
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Regions Bank of Florida (#18114)
Federal Reserve ID: 230076
Date Established: December 24, 1934
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 3202
FDIC's unique #: 42109
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: December 24, 1934
Last Structure Change Effective Date: December 17, 1993
Last Structure Change Process Date: January 06, 1994
Last Data Update: January 06, 1994
Data Source Date: April 05, 2012
Location
Address: 203 North Green Street, Marianna, FL 32446
County: Jackson
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Pensacola
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Financial Summary
Total assets: $100.5 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$40Total assets
$101,367Cash and due from depository institutions
$4,032Interest-bearing balances
$2,357Securities
$21,808Federal funds sold & reverse repurchase agreements
$95Net loans & leases
$71,332Loan loss allowance
$618Trading account assets
$0Bank premises and fixed assets
$1,328Other real estate owned
$1,029Goodwill and other intangibles
$1,743Life insurance assets
$0All other assets
$0Total liabilities and capital
$101,367Total liabilities
$87,836Total deposits
$86,952Interest-bearing deposits
$85,248Deposits held in domestic offices
86952.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$884Total equity capital
$884Total bank equity capital
$13,531Perpetual preferred stock
$0Common stock
$1,377Surplus
$3,483Undivided profits
Memoranda
$8,671Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$280Income earned, not collected on loans
$417Earning assets
$95,592Long-term assets (5+ years)
$0Average Assets, year-to-date
$101,052Average Assets, quarterly
$101,367Volatile liabilities
$8,988Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,521Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$13,531Total risk weighted assets
$45,962Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$7,913Total interest expense
$3,826Net interest income
$4,087Provision for loan and lease losses
$312Total noninterest income
$940Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$940Total noninterest expense
$2,566Salaries and employee benefits
$1,272Premises and equipment expense
$458Additional noninterest expense
$836Pre-tax net operating income
$2,149Securities gains (losses)
$0Applicable income taxes
$855Income before extraordinary items
$1,294Extraordinary gains - net
$0Net income attributable to bank
$1,294Net charge-offs
$4Cash dividends
$826Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.38%Cost of funding earning assets
4.05%Net interest margin
4.33%Noninterest income to earning assets
1.00%Noninterest expense to earning assets
2.72%Net operating income to assets
1.28%Return on assets (ROA)
1.28%Pretax return on assets
2.13%Return on equity (ROE)
9.58%Retained earnings to average equity (YTD only)
3.46%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
7800.00%Efficiency ratio
51,044Assets per employee
2.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
63.83%Loss allowance to loans
0.86%Loss allowance to noncurrent loans
220.71%Noncurrent assets plus other real estate owned to assets
1.29%Noncurrent loans to loans
0.39%Net loans and leases to deposits
82.04%Net loans and leases to core deposits
91.49%Equity capital to assets
13.35%Core capital (leverage) ratio
13.35%Tier 1 risk-based capital ratio
29.44%Total risk-based capital ratio
Memoranda
$31Average assets
$101,052Average earning assets
$13,512Average equity
$94,393Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Federal Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.