First Federal Savings and Loan Association in city_name, state_name

First Federal Savings and Loan Association in Pascagoula, Mississippi (MS)
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First Federal Savings and Loan Association - Overview

General
FDIC Certificate #: 30812
Status: Active
Federal Reserve ID: 90177
Date Established: October 28, 1955
WWW: http://www.firstwithus.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 6 (Domestic: 6, Interstate: No)
OTS Docket #: 5957
FDIC's unique #: 43646
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: October 28, 1955
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: 903 Jackson Ave, Pascagoula, MS 39567
County: Jackson
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
Metropolitan Statistical Area (MSA): Biloxi-Gulfport-Pascagoula, MS (#920)
Combined Statistical Area (CSA): Gulfport-Biloxi-Pascagoula, MS (#274)
Core Based Statistical Area (CBSA): Pascagoula, MS (#37700)
CBSA Metro Statistical Area: Pascagoula, MS (#37700)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $268.0 mil
Equity capital: $21.1 mil
Deposits held in domestic offices: $176.7 mil
Return on assets (ROA): 0.30% ($0.8 mil)
Quarterly return on assets: 0.29% ($0.8 mil)
Return on Equity (ROE): 3.88% ($0.8 mil)
Quarterly return on equity: 3.64% ($0.8 mil)
Net income: $0.8 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.29% ($777.2 mil)
Quarterly Pretax return on assets: 0.28% ($750.4 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
55Total employees (full-time equivalent)
$267,984Total assets
$8,972Cash and due from depository institutions
$1,407Interest-bearing balances
$26,360Securities
$0Federal funds sold & reverse repurchase agreements
$214,041Net loans & leases
$893Loan loss allowance
$0Trading account assets
$6,994Bank premises and fixed assets
$1,182Other real estate owned
$0Goodwill and other intangibles
$267,984Life insurance assets
$10,435All other assets
$246,879Total liabilities and capital
$176,717Total liabilities
$167,659Total deposits
$176,717Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$69,394Trading liabilities
$0Other borrowed funds
$768Subordinated debt
$21,105All other liabilities
$21,105Total equity capital
$21,105Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$21,105Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,541Income earned, not collected on loans
$0Earning assets
$1,066Long-term assets (5+ years)
$241,808Average Assets, year-to-date
$0Average Assets, quarterly
$266,125Volatile liabilities
$266,939Insider loans
$132,431FHLB advances
$267,886Loans and leases held for sale
$4,521Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,040Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,598Restructured Loans and leases
$931Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$12,828Total interest income
$5,921Total interest expense
$6,907Net interest income
$248Provision for loan and lease losses
$510Total noninterest income
$0Fiduciary activities
$100Service charges on deposit accounts
$0Trading account gains & fees
$410Additional noninterest income
$6,462Total noninterest expense
$3,834Salaries and employee benefits
$1,264Premises and equipment expense
$1,364Additional noninterest expense
$707Pre-tax net operating income
$68Securities gains (losses)
-$30Applicable income taxes
$805Income before extraordinary items
$0Extraordinary gains - net
$805Net income attributable to bank
$0Net charge-offs
$805Cash dividends
$336Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
2.44%Cost of funding earning assets
2.85%Net interest margin
0.21%Noninterest income to earning assets
2.67%Noninterest expense to earning assets
0.28%Net operating income to assets
0.30%Return on assets (ROA)
0.29%Pretax return on assets
3.88%Return on equity (ROE)
3.88%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
73.81%Credit loss provision to net charge-offs
2.84%Efficiency ratio
87,124Assets per employee
4.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.42%Loss allowance to noncurrent loans
35.14%Noncurrent assets plus other real estate owned to assets
1.39%Noncurrent loans to loans
1.18%Net loans and leases to deposits
121.12%Net loans and leases to core deposits
145.75%Equity capital to assets
7.88%Core capital (leverage) ratio
7.85%Tier 1 risk-based capital ratio
15.89%Total risk-based capital ratio
Memoranda
$17Average assets
$266,125Average earning assets
$20,746Average equity
$242,230Average loans

List of branches

6 Mississippi Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	43646	First Federal Savings And Loan Assoc	903 Jackson Ave, Pascagoula, MS 39567	October 28, 1955	Full Service Brick and Mortar
2	282211	4201 Bellview Branch	4201 Bellview, Moss Point, MS 39563	October 28, 1955	Full Service Brick and Mortar
100	282212	2601 Hwy 90 Branch	1414 Highway 90, Gautier, MS 39553	October 28, 1955	Full Service Brick and Mortar
101	444494	3905 Beinville Boulevard Branch	3905 Beinville Boulevard, Ocean Springs, MS 39564	September 12, 2003	Full Service Brick and Mortar
102	492438	Hurley Branch	Hway 613, Hurley, MS 39555	March 03, 2008	Full Service Brick and Mortar
103	492439	Vancleave Branch	10900 Highway 57, Vancleave, MS 39565	January 14, 2008	Full Service Brick and Mortar

First Federal Savings and Loan Association in Pascagoula, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association - 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 and Loan Association in Pascagoula, Mississippi (MS)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association - 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 and Loan Association in Pascagoula, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches