First Federal Savings and Loan Association of Port Angeles in city_name, state_name

First Federal Savings and Loan Association of Port Angeles in Port Angeles, Washington (WA)
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First Federal Savings and Loan Association of Port Angeles routing number info

First Federal Savings and Loan Association of Port Angeles - Overview

General
FDIC Certificate #: 28405
Status: Active
Federal Reserve ID: 403179
Date Established: January 01, 1923
WWW: http://www.ourfirstfed.com
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 8 (Domestic: 8, Interstate: No)
OTS Docket #: 1528
FDIC's unique #: 41239
Numeric code: 42
Regulator: FDIC
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: March 01, 1935
Last Structure Change Effective Date: November 30, 2011
Last Structure Change Process Date: January 18, 2012
Last Data Update: January 18, 2012
Data Source Date: April 05, 2012
Location
Address: 105 W. 8th Street, Port Angeles, WA 98362
County: Clallam
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Seattle
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Core Based Statistical Area (CBSA): Port Angeles, WA (#38820)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Change in Supervisory Agency
Change in Chartering Agent
Financial Summary
Total assets: $764.3 mil
Equity capital: $77.1 mil
Deposits held in domestic offices: $581.6 mil
Return on assets (ROA): 0.15% ($1.1 mil)
Quarterly return on assets: -0.02% (-$0.2 mil)
Return on Equity (ROE): 1.43% ($1.1 mil)
Quarterly return on equity: -0.18% (-$0.1 mil)
Net income: $1.1 mil
Quarterly Net income: -$0.0 mil
Pretax return on assets: 0.14% ($1,070.0 mil)
Quarterly Pretax return on assets: -0.13% (-$993.6 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
153Total employees (full-time equivalent)
$764,287Total assets
$30,665Cash and due from depository institutions
$18,747Interest-bearing balances
$264,486Securities
$0Federal funds sold & reverse repurchase agreements
$416,521Net loans & leases
$4,936Loan loss allowance
$0Trading account assets
$12,725Bank premises and fixed assets
$4,447Other real estate owned
$2,237Goodwill and other intangibles
$764,287Life insurance assets
$33,206All other assets
$687,186Total liabilities and capital
$581,568Total liabilities
$535,552Total deposits
$581,568Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$100,033Trading liabilities
$0Other borrowed funds
$5,585Subordinated debt
$77,101All other liabilities
$77,101Total equity capital
$77,101Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$77,101Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,505Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,960Income earned, not collected on loans
$0Earning assets
$2,501Long-term assets (5+ years)
$699,754Average Assets, year-to-date
$316,083Average Assets, quarterly
$753,557Volatile liabilities
$761,033Insider loans
$379,459FHLB advances
$758,591Loans and leases held for sale
$17,210Unused loan commitments
$0Tier 1 (core) risk-based capital
$76,366Tier 2 risk-based capital
$17,210Total risk weighted assets
$0Total unused commitments
$44,621Restructured Loans and leases
$6,180Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$28,058Total interest income
$7,656Total interest expense
$20,402Net interest income
$3,207Provision for loan and lease losses
$3,092Total noninterest income
$0Fiduciary activities
$1,612Service charges on deposit accounts
$0Trading account gains & fees
$1,480Additional noninterest income
$19,191Total noninterest expense
$9,273Salaries and employee benefits
$2,386Premises and equipment expense
$7,532Additional noninterest expense
$1,096Pre-tax net operating income
-$19Securities gains (losses)
-$17Applicable income taxes
$1,094Income before extraordinary items
$0Extraordinary gains - net
$1,094Net income attributable to bank
$0Net charge-offs
$1,094Cash dividends
$1,773Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.05%Yield on earning assets
1.11%Cost of funding earning assets
2.94%Net interest margin
0.45%Noninterest income to earning assets
2.77%Noninterest expense to earning assets
0.15%Net operating income to assets
0.15%Return on assets (ROA)
0.14%Pretax return on assets
1.43%Return on equity (ROE)
1.43%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
180.88%Credit loss provision to net charge-offs
2.43%Efficiency ratio
81,663Assets per employee
5.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
55.09%Noncurrent assets plus other real estate owned to assets
1.75%Noncurrent loans to loans
2.13%Net loans and leases to deposits
71.62%Net loans and leases to core deposits
75.75%Equity capital to assets
10.09%Core capital (leverage) ratio
10.07%Tier 1 risk-based capital ratio
20.12%Total risk-based capital ratio
Memoranda
$21Average assets
$753,557Average earning assets
$76,559Average equity
$692,771Average loans

List of branches

8 Washington Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	41239	First Federal Savings And Loan Assoc	105 W. 8th Street, Port Angeles, WA 98362	January 01, 1923	Full Service Brick and Mortar
1	267229	Sequim Avenue Branch	333 North Sequim Avenue, Sequim, WA 98382	January 01, 1923	Full Service Brick and Mortar
2	267230	Eastside Branch	1603 East First Street, Port Angeles, WA 98362	January 01, 1923	Full Service Brick and Mortar
100	267231	Sixth Street Branch	227 East 6th Street, Port Angeles, WA 98362	January 01, 1923	Full Service Brick and Mortar
101	267232	Sequim Village Branch	645 West Washington Street, Sequim, WA 98382	January 01, 1923	Full Service Brick and Mortar
102	267233	Forks Branch	215 Calawah Way, Forks, WA 98331	January 01, 1923	Full Service Brick and Mortar
103	267234	Downtown Branch	141 West First Street, Port Angeles, WA 98362	December 31, 1988	Full Service Brick and Mortar
104	267235	Port Townsend Branch	1321 Sims Way, Port Townsend, WA 98368	November 30, 1989	Full Service Brick and Mortar

First Federal Savings and Loan Association of Port Angeles in Port Angeles, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Port Angeles - 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 Port Angeles in Port Angeles, Washington (WA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Port Angeles - 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 Port Angeles in Port Angeles, Washington (WA)
Overview, Financial Summary, Detailed Financial Reports, Branches