First Federal Savings Bank of Washington in city_name, state_name

First Federal Savings Bank of Washington in Washington, Indiana (IN)
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First Federal Savings Bank of Washington - Overview

General
FDIC Certificate #: 29710
Status: Active
Federal Reserve ID: 110972
Date Established: January 01, 1895
WWW: http://www.firstfederalwashington.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 #: 3932
FDIC's unique #: 42544
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: September 30, 1936
Last Structure Change Effective Date: December 09, 2011
Last Structure Change Process Date: January 04, 2012
Last Data Update: January 04, 2012
Data Source Date: April 05, 2012
Location
Address: 439 South State Road 57, Washington, IN 47501
County: Daviess
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Indianapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Core Based Statistical Area (CBSA): Washington, IN (#47780)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Location
Financial Summary
Total assets: $81.2 mil
Equity capital: $8.3 mil
Deposits held in domestic offices: $70.6 mil
Return on assets (ROA): 0.69% ($0.6 mil)
Quarterly return on assets: 0.61% ($0.5 mil)
Return on Equity (ROE): 6.85% ($0.5 mil)
Quarterly return on equity: 5.91% ($0.5 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.14% ($925.3 mil)
Quarterly Pretax return on assets: 1.03% ($836.0 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
20Total employees (full-time equivalent)
$81,165Total assets
$17,936Cash and due from depository institutions
$15,140Interest-bearing balances
$7,960Securities
$0Federal funds sold & reverse repurchase agreements
$51,919Net loans & leases
$113Loan loss allowance
$0Trading account assets
$2,085Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$81,165Life insurance assets
$1,265All other assets
$72,847Total liabilities and capital
$70,562Total liabilities
$66,077Total deposits
$70,562Interest-bearing deposits
$75Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$285Subordinated debt
$8,318All other liabilities
$8,318Total equity capital
$8,318Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$8,318Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$477Income earned, not collected on loans
$0Earning assets
$249Long-term assets (5+ years)
$75,019Average Assets, year-to-date
$0Average Assets, quarterly
$79,883Volatile liabilities
$79,785Insider loans
$36,605FHLB advances
$81,165Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,318Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,146Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$3,459Total interest income
$968Total interest expense
$2,491Net interest income
$27Provision for loan and lease losses
$64Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$64Additional noninterest income
$1,620Total noninterest expense
$989Salaries and employee benefits
$388Premises and equipment expense
$243Additional noninterest expense
$908Pre-tax net operating income
$0Securities gains (losses)
$357Applicable income taxes
$551Income before extraordinary items
$0Extraordinary gains - net
$551Net income attributable to bank
$0Net charge-offs
$551Cash 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)
4.71%Yield on earning assets
1.32%Cost of funding earning assets
3.39%Net interest margin
0.09%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
1.14%Pretax return on assets
6.85%Return on equity (ROE)
6.85%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
63,405Assets per employee
4.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.22%Loss allowance to noncurrent loans
23.69%Noncurrent assets plus other real estate owned to assets
0.59%Noncurrent loans to loans
0.92%Net loans and leases to deposits
73.58%Net loans and leases to core deposits
84.14%Equity capital to assets
10.25%Core capital (leverage) ratio
10.25%Tier 1 risk-based capital ratio
22.72%Total risk-based capital ratio
Memoranda
$23Average assets
$79,883Average earning assets
$8,041Average equity
$73,412Average loans

List of branches

2 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	42544	First Federal Savings Bank Of Washin	439 South State Road 57, Washington, IN 47501	January 01, 1895	Full Service Brick and Mortar
100	276901	203 N E 1st Street Branch	203 N.E. 1st Street, Loogootee, IN 47553	January 01, 1895	Full Service Brick and Mortar

First Federal Savings Bank of Washington in Washington, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank of Washington - 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 of Washington in Washington, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank of Washington - 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 of Washington in Washington, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches