First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29646 Status: Active Federal Reserve ID: 339876 Date Established: March 23, 1936 WWW:http://www.firstfederalaberdeen.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3816 FDIC's unique #: 42480 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: March 23, 1936 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: 111 West Commerce Street, Aberdeen, MS 39730 County: Monroe Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Jackson Ms Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $31.2 mil Equity capital: $6.0 mil Deposits held in domestic offices: $25.0 mil Return on assets (ROA): 0.90% ($0.3 mil) Quarterly return on assets: 0.75% ($0.2 mil) Return on Equity (ROE): 4.60% ($0.3 mil) Quarterly return on equity: 3.88% ($0.2 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.44% ($449.5 mil) Quarterly Pretax return on assets: 1.18% ($368.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
4Total employees (full-time equivalent)
$31,218Total assets
$5,050Cash and due from depository institutions
$2,467Interest-bearing balances
$7,333Securities
$0Federal funds sold & reverse repurchase agreements
$18,364Net loans & leases
$105Loan loss allowance
$0Trading account assets
$10Bank premises and fixed assets
$116Other real estate owned
$0Goodwill and other intangibles
$31,218Life insurance assets
$345All other assets
$25,217Total liabilities and capital
$25,026Total liabilities
$25,026Total deposits
$25,026Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$191Subordinated debt
$6,001All other liabilities
$6,001Total equity capital
$6,001Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$6,001Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$65Income earned, not collected on loans
$0Earning assets
$123Long-term assets (5+ years)
$28,164Average Assets, year-to-date
$0Average Assets, quarterly
$29,994Volatile liabilities
$30,840Insider loans
$11,867FHLB advances
$31,218Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,001Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$177Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,251Total interest income
$320Total interest expense
$931Net interest income
$0Provision for loan and lease losses
$14Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$512Total noninterest expense
$340Salaries and employee benefits
$69Premises and equipment expense
$103Additional noninterest expense
$433Pre-tax net operating income
$0Securities gains (losses)
$163Applicable income taxes
$270Income before extraordinary items
$0Extraordinary gains - net
$270Net income attributable to bank
$0Net charge-offs
$270Cash 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)
4.61%Yield on earning assets
1.18%Cost of funding earning assets
3.43%Net interest margin
0.05%Noninterest income to earning assets
1.89%Noninterest expense to earning assets
0.90%Net operating income to assets
0.90%Return on assets (ROA)
1.44%Pretax return on assets
4.60%Return on equity (ROE)
4.60%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
54,180Assets per employee
7.80%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.57%Loss allowance to noncurrent loans
161.54%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
0.35%Net loans and leases to deposits
73.38%Net loans and leases to core deposits
73.38%Equity capital to assets
19.22%Core capital (leverage) ratio
19.22%Tier 1 risk-based capital ratio
50.57%Total risk-based capital ratio
Memoranda
$51Average assets
$29,994Average earning assets
$5,870Average equity
$27,157Average loans
List of branches
1 Mississippi Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42480
First Federal Savings And Loan Assoc
111 West Commerce Street, Aberdeen, MS 39730
March 23, 1936
Full Service Brick and Mortar
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