First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 31409 Status: Active Federal Reserve ID: 411174 Date Established: August 12, 1963 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 #: 6902 FDIC's unique #: 44243 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: August 12, 1963 Last Structure Change Effective Date: Febuary 29, 2012 Last Structure Change Process Date: March 02, 2012 Last Data Update: March 02, 2012 Data Source Date: April 05, 2012
Location
Address: 211 West Main Street, Morehead, KY 40351 County: Rowan 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
Financial Summary
Total assets: $37.9 mil Equity capital: $9.1 mil Deposits held in domestic offices: $27.7 mil Return on assets (ROA): -0.33% (-$0.1 mil) Quarterly return on assets: -1.90% (-$0.7 mil) Return on Equity (ROE): -1.41% (-$0.1 mil) Quarterly return on equity: -7.98% (-$0.7 mil) Net income: -$0.1 mil Quarterly Net income: -$0.2 mil Pretax return on assets: -0.62% (-$235.0 mil) Quarterly Pretax return on assets: -3.67% (-$1,391.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
8Total employees (full-time equivalent)
$37,909Total assets
$3,186Cash and due from depository institutions
$2,128Interest-bearing balances
$560Securities
$0Federal funds sold & reverse repurchase agreements
$32,132Net loans & leases
$414Loan loss allowance
$0Trading account assets
$830Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$37,909Life insurance assets
$1,201All other assets
$28,828Total liabilities and capital
$27,696Total liabilities
$27,696Total deposits
$27,696Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,000Trading liabilities
$0Other borrowed funds
$132Subordinated debt
$9,081All other liabilities
$9,081Total equity capital
$9,081Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$9,081Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,227Income earned, not collected on loans
$0Earning assets
$87Long-term assets (5+ years)
$34,820Average Assets, year-to-date
$0Average Assets, quarterly
$39,334Volatile liabilities
$38,521Insider loans
$22,671FHLB advances
$37,907Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,080Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,156Restructured Loans and leases
$222Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,956Total interest income
$460Total interest expense
$1,496Net interest income
$529Provision for loan and lease losses
$14Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$14Additional noninterest income
$1,225Total noninterest expense
$820Salaries and employee benefits
$182Premises and equipment expense
$223Additional noninterest expense
-$244Pre-tax net operating income
$0Securities gains (losses)
-$114Applicable income taxes
-$130Income before extraordinary items
$0Extraordinary gains - net
-$130Net income attributable to bank
$0Net charge-offs
-$130Cash dividends
$314Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
1.26%Cost of funding earning assets
4.10%Net interest margin
0.04%Noninterest income to earning assets
3.36%Noninterest expense to earning assets
-0.33%Net operating income to assets
-0.33%Return on assets (ROA)
-0.62%Pretax return on assets
-1.41%Return on equity (ROE)
-1.41%Retained earnings to average equity (YTD only)
0.95%Net charge-offs to loans
168.47%Credit loss provision to net charge-offs
0.91%Efficiency ratio
81,126Assets per employee
4.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
18.59%Noncurrent assets plus other real estate owned to assets
5.87%Noncurrent loans to loans
6.84%Net loans and leases to deposits
116.02%Net loans and leases to core deposits
119.03%Equity capital to assets
23.95%Core capital (leverage) ratio
23.95%Tier 1 risk-based capital ratio
40.05%Total risk-based capital ratio
Memoranda
$41Average assets
$39,334Average earning assets
$9,229Average equity
$36,511Average loans
List of branches
1 Kentucky Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
44243
First Federal Savings And Loan Assoc
211 West Main Street, Morehead, KY 40351
August 12, 1963
Full Service Brick and Mortar
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