First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 30956 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Teche Federal Bank (#29028) Federal Reserve ID: 717278 Date Established: June 01, 1957 WWW:http://www.firstfed@worldnet.att.net Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6172 FDIC's unique #: 43790 Numeric code: 37 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: July 01, 1957 Last Structure Change Effective Date: July 02, 2004 Last Structure Change Process Date: July 08, 2004 Last Data Update: July 08, 2004 Data Source Date: April 05, 2012
Location
Address: 428 East Landry Street, Opelousas, LA 70570 County: St. Landry Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Lafayette, LA (#3880) Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318) Core Based Statistical Area (CBSA): Opelousas-Eunice, LA (#36660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $66.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
22Total employees (full-time equivalent)
$69,521Total assets
$900Cash and due from depository institutions
$757Interest-bearing balances
$13,012Securities
$0Federal funds sold & reverse repurchase agreements
$52,477Net loans & leases
$355Loan loss allowance
$0Trading account assets
$977Bank premises and fixed assets
$620Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,535All other assets
$69,521Total liabilities and capital
$61,956Total liabilities
$48,893Total deposits
$48,125Interest-bearing deposits
$48,893Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,430Other borrowed funds
$0Subordinated debt
$633All other liabilities
$7,565Total equity capital
$7,565Total bank equity capital
$7,565Perpetual preferred stock
$0Common stock
$5Surplus
$1,807Undivided profits
Memoranda
$5,753Noncurrent loans and leases
$1,560Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$800Earning assets
$0Long-term assets (5+ years)
$212Average Assets, year-to-date
$66,246Average Assets, quarterly
$0Volatile liabilities
$72,493Insider loans
$70,418FHLB advances
$24,286Loans and leases held for sale
$1,008Unused loan commitments
$12,401Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,560Total unused commitments
$1,329Restructured Loans and leases
$355Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$3,671Total interest income
$1,810Total interest expense
$1,861Net interest income
$49Provision for loan and lease losses
$211Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$211Additional noninterest income
$1,787Total noninterest expense
$1,143Salaries and employee benefits
$306Premises and equipment expense
$338Additional noninterest expense
$236Pre-tax net operating income
$0Securities gains (losses)
$39Applicable income taxes
$197Income before extraordinary items
$0Extraordinary gains - net
$197Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$144Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.33%Yield on earning assets
2.63%Cost of funding earning assets
2.70%Net interest margin
0.31%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
0.27%Net operating income to assets
0.27%Return on assets (ROA)
0.33%Pretax return on assets
2.65%Return on equity (ROE)
2.65%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
34.03%Credit loss provision to net charge-offs
1.98%Efficiency ratio
86,245Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.67%Loss allowance to noncurrent loans
44.38%Noncurrent assets plus other real estate owned to assets
2.04%Noncurrent loans to loans
1.51%Net loans and leases to deposits
107.33%Net loans and leases to core deposits
141.69%Equity capital to assets
10.88%Core capital (leverage) ratio
10.22%Tier 1 risk-based capital ratio
16.81%Total risk-based capital ratio
Memoranda
$18Average assets
$72,493Average earning assets
$7,443Average equity
$68,875Average loans
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