First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 31197 Status: Active Federal Reserve ID: 831875 Date Established: July 26, 1960 WWW:http://www.ots.treas.gov 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 #: 6517 FDIC's unique #: 44031 Numeric code: 37 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: July 26, 1960 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: Main & Lovern Streets, Hazard, KY 41701 County: Perry Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Lexington Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Southeast
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $99.4 mil Equity capital: $20.3 mil Deposits held in domestic offices: $69.3 mil Return on assets (ROA): 0.85% ($0.8 mil) Quarterly return on assets: 0.92% ($0.9 mil) Return on Equity (ROE): 4.42% ($0.9 mil) Quarterly return on equity: 4.63% ($0.9 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.29% ($1,282.2 mil) Quarterly Pretax return on assets: 1.40% ($1,391.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$99,397Total assets
$1,662Cash and due from depository institutions
$861Interest-bearing balances
$18,260Securities
$0Federal funds sold & reverse repurchase agreements
$74,521Net loans & leases
$374Loan loss allowance
$0Trading account assets
$325Bank premises and fixed assets
$1,681Other real estate owned
$0Goodwill and other intangibles
$99,397Life insurance assets
$2,948All other assets
$79,128Total liabilities and capital
$69,344Total liabilities
$69,344Total deposits
$69,344Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,031Trading liabilities
$0Other borrowed funds
$753Subordinated debt
$20,269All other liabilities
$20,269Total equity capital
$20,269Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$752Surplus
$19,516Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,302Income earned, not collected on loans
$0Earning assets
$253Long-term assets (5+ years)
$93,642Average Assets, year-to-date
$0Average Assets, quarterly
$101,576Volatile liabilities
$100,399Insider loans
$47,709FHLB advances
$99,397Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,269Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$157Restructured Loans and leases
$239Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,628Total interest income
$1,393Total interest expense
$3,235Net interest income
$51Provision for loan and lease losses
-$52Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$52Additional noninterest income
$1,819Total noninterest expense
$1,078Salaries and employee benefits
$172Premises and equipment expense
$569Additional noninterest expense
$1,313Pre-tax net operating income
$0Securities gains (losses)
$445Applicable income taxes
$868Income before extraordinary items
$0Extraordinary gains - net
$868Net income attributable to bank
$0Net charge-offs
$868Cash dividends
$245Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.82%Yield on earning assets
1.45%Cost of funding earning assets
3.37%Net interest margin
-0.05%Noninterest income to earning assets
1.89%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
1.29%Pretax return on assets
4.42%Return on equity (ROE)
4.42%Retained earnings to average equity (YTD only)
0.33%Net charge-offs to loans
20.82%Credit loss provision to net charge-offs
5.57%Efficiency ratio
57,147Assets per employee
8.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.50%Loss allowance to noncurrent loans
28.73%Noncurrent assets plus other real estate owned to assets
3.00%Noncurrent loans to loans
1.74%Net loans and leases to deposits
107.47%Net loans and leases to core deposits
108.89%Equity capital to assets
20.39%Core capital (leverage) ratio
20.39%Tier 1 risk-based capital ratio
42.48%Total risk-based capital ratio
Memoranda
$43Average assets
$101,576Average earning assets
$19,620Average equity
$96,101Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
44031
First Federal Savings And Loan Assoc
Main & Lovern Streets, Hazard, KY 41701
July 26, 1960
Full Service Brick and Mortar
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