First Federal Savings and Loan Association of Hammond in city_name, state_name

First Federal Savings and Loan Association of Hammond in Hammond, Indiana (IN)
Show street view No street view available for this location

First Federal Savings and Loan Association of Hammond - Overview

General
FDIC Certificate #: 28961
Status: Active
Federal Reserve ID: 929576
Date Established: June 01, 1934
WWW: http://www.firstfedsl.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 2692
FDIC's unique #: 41795
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: November 23, 1934
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: 130 Rimbach Street, Hammond, IN 46320
County: Lake
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Indianapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Gary, IN (#2960)
Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14)
Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176)
Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980)
CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980)
Core Based Statistical Division: Gary, IN (#23844)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $50.8 mil
Equity capital: $2.1 mil
Deposits held in domestic offices: $44.2 mil
Return on assets (ROA): -1.86% (-$0.9 mil)
Quarterly return on assets: -0.02% (-$0.0 mil)
Return on Equity (ROE): -34.08% (-$0.7 mil)
Quarterly return on equity: -0.57% (-$0.0 mil)
Net income: -$1.0 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: -3.07% (-$1,559.1 mil)
Quarterly Pretax return on assets: 0.67% ($340.3 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
11Total employees (full-time equivalent)
$50,785Total assets
$3,638Cash and due from depository institutions
$3,425Interest-bearing balances
$2,945Securities
$0Federal funds sold & reverse repurchase agreements
$38,160Net loans & leases
$1,587Loan loss allowance
$0Trading account assets
$1,507Bank premises and fixed assets
$2,479Other real estate owned
$0Goodwill and other intangibles
$50,785Life insurance assets
$2,056All other assets
$48,695Total liabilities and capital
$44,155Total liabilities
$43,949Total deposits
$44,155Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,500Trading liabilities
$0Other borrowed funds
$40Subordinated debt
$2,090All other liabilities
$2,090Total equity capital
$2,090Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$2,090Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,890Income earned, not collected on loans
$0Earning assets
$165Long-term assets (5+ years)
$44,530Average Assets, year-to-date
$0Average Assets, quarterly
$51,160Volatile liabilities
$50,067Insider loans
$25,916FHLB advances
$49,856Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,164Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,852Restructured Loans and leases
$86Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,446Total interest income
$573Total interest expense
$1,873Net interest income
$1,911Provision for loan and lease losses
$76Total noninterest income
$0Fiduciary activities
$4Service charges on deposit accounts
$0Trading account gains & fees
$72Additional noninterest income
$1,611Total noninterest expense
$685Salaries and employee benefits
$562Premises and equipment expense
$364Additional noninterest expense
-$1,573Pre-tax net operating income
$0Securities gains (losses)
-$620Applicable income taxes
-$953Income before extraordinary items
$0Extraordinary gains - net
-$953Net income attributable to bank
$0Net charge-offs
-$953Cash dividends
$1,450Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.35%Yield on earning assets
1.25%Cost of funding earning assets
4.10%Net interest margin
0.17%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
-1.86%Net operating income to assets
-1.86%Return on assets (ROA)
-3.07%Pretax return on assets
-34.08%Return on equity (ROE)
-34.08%Retained earnings to average equity (YTD only)
3.37%Net charge-offs to loans
131.79%Credit loss provision to net charge-offs
0.23%Efficiency ratio
82,658Assets per employee
4.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.99%Loss allowance to noncurrent loans
83.97%Noncurrent assets plus other real estate owned to assets
8.60%Noncurrent loans to loans
4.76%Net loans and leases to deposits
86.42%Net loans and leases to core deposits
95.23%Equity capital to assets
4.12%Core capital (leverage) ratio
2.33%Tier 1 risk-based capital ratio
4.49%Total risk-based capital ratio
Memoranda
$6Average assets
$51,160Average earning assets
$2,797Average equity
$45,724Average loans

List of branches

2 Indiana Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	41795	First Federal Savings And Loan Assoc	130 Rimbach Street, Hammond, IN 46320	June 01, 1934	Full Service Brick and Mortar
1	271954	Highland Branch	9030 Cline Avenue, Highland, IN 46322	March 01, 1990	Full Service Brick and Mortar

First Federal Savings and Loan Association of Hammond in Hammond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Hammond - 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 of Hammond in Hammond, Indiana (IN)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Hammond - 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 of Hammond in Hammond, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches