First Federal Savings Bank, F.S.B. in city_name, state_name

First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)
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First Federal Savings Bank, F.S.B. - Overview

General
FDIC Certificate #: 29321
Status: Inactive
Closing history: Corrections
Acquiring institution: First Financial Bank (#28939)
Federal Reserve ID: 59772
Date Established: January 01, 1934
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 3276
FDIC's unique #: 42155
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: January 18, 1935
Last Structure Change Effective Date: Febuary 28, 1995
Last Structure Change Process Date: April 18, 1995
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 612 N Main St, Rockford, IL 61105
County: Winnebago
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Princeton
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
Core Based Statistical Area (CBSA): Rockford, IL (#40420)
CBSA Metro Statistical Area: Rockford, IL (#40420)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $393.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$195Total assets
$393,717Cash and due from depository institutions
$18,831Interest-bearing balances
$187Securities
$105,586Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$245,094Loan loss allowance
$2,740Trading account assets
$0Bank premises and fixed assets
$4,933Other real estate owned
$1,160Goodwill and other intangibles
$11,722Life insurance assets
$6,391All other assets
$0Total liabilities and capital
$393,717Total liabilities
$351,713Total deposits
$319,153Interest-bearing deposits
$295,297Deposits held in domestic offices
319153.00%% insured (estimated)
$96Federal funds purchased & repurchase agreements
$14,828Trading liabilities
$0Other borrowed funds
$14,212Subordinated debt
$0All other liabilities
$3,520Total equity capital
$3,520Total bank equity capital
$42,004Perpetual preferred stock
$0Common stock
$1Surplus
$9,477Undivided profits
Memoranda
$32,526Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,443Income earned, not collected on loans
$1,486Earning assets
$350,867Long-term assets (5+ years)
$0Average Assets, year-to-date
$400,986Average Assets, quarterly
$398,736Volatile liabilities
$51,313Insider loans
$112FHLB advances
$4,457Loans and leases held for sale
$0Unused loan commitments
$19,885Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$43,155Total risk weighted assets
$203,463Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$25,264Total interest expense
$11,677Net interest income
$13,587Provision for loan and lease losses
$284Total noninterest income
$6,921Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$235Additional noninterest income
$7,156Total noninterest expense
$13,214Salaries and employee benefits
$6,938Premises and equipment expense
$2,063Additional noninterest expense
$4,213Pre-tax net operating income
$7,010Securities gains (losses)
$374Applicable income taxes
$2,715Income before extraordinary items
$4,669Extraordinary gains - net
$0Net income attributable to bank
$4,669Net charge-offs
$103Cash dividends
$0Sale, conversion, retirement of capital stock, net
$537Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.05%Cost of funding earning assets
3.26%Net interest margin
3.79%Noninterest income to earning assets
1.93%Noninterest expense to earning assets
3.69%Net operating income to assets
1.10%Return on assets (ROA)
1.16%Pretax return on assets
1.84%Return on equity (ROE)
11.37%Retained earnings to average equity (YTD only)
11.37%Net charge-offs to loans
0.04%Credit loss provision to net charge-offs
275.73%Efficiency ratio
64,433Assets per employee
2.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.11%Loss allowance to noncurrent loans
189.88%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.58%Net loans and leases to deposits
76.80%Net loans and leases to core deposits
82.56%Equity capital to assets
10.67%Core capital (leverage) ratio
10.93%Tier 1 risk-based capital ratio
21.21%Total risk-based capital ratio
Memoranda
$21Average assets
$400,986Average earning assets
$41,060Average equity
$358,319Average loans

First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank, F.S.B. - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank, F.S.B. - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches