FDIC Certificate #: 28635 Status: Active Federal Reserve ID: 198073 Date Established: January 01, 1923 WWW:http://www.firstfederalolathe.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 2004 FDIC's unique #: 41469 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: November 20, 1934 Last Structure Change Effective Date: November 14, 2011 Last Structure Change Process Date: November 30, 2011 Last Data Update: November 30, 2011 Data Source Date: April 05, 2012
Location
Address: 700 East Santa Fe Street, Olathe, KS 66061 County: Johnson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Kansas City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Kansas City, MO-KS (#3760) Combined Statistical Area (CSA): Kansas City-Overland Park-Kansas City, MO-KS (#312) Core Based Statistical Area (CBSA): Kansas City, MO-KS (#28140) CBSA Metro Statistical Area: Kansas City, MO-KS (#28140)
History of Changes
Change in Primary Regulatory Agency
Corrections
Financial Summary
Total assets: $65.3 mil Equity capital: $7.8 mil Deposits held in domestic offices: $47.8 mil Return on assets (ROA): 1.46% ($0.9 mil) Quarterly return on assets: 0.44% ($0.3 mil) Return on Equity (ROE): 10.63% ($0.9 mil) Quarterly return on equity: 3.27% ($0.3 mil) Net income: $1.0 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.55% ($1,012.7 mil) Quarterly Pretax return on assets: 0.49% ($320.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$65,334Total assets
$9,634Cash and due from depository institutions
$9,299Interest-bearing balances
$0Securities
$622Federal funds sold & reverse repurchase agreements
$51,702Net loans & leases
$983Loan loss allowance
$0Trading account assets
$487Bank premises and fixed assets
$1,010Other real estate owned
$0Goodwill and other intangibles
$65,334Life insurance assets
$1,879All other assets
$57,485Total liabilities and capital
$47,847Total liabilities
$47,726Total deposits
$47,847Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,353Trading liabilities
$0Other borrowed funds
$285Subordinated debt
$7,849All other liabilities
$7,849Total equity capital
$7,849Total bank equity capital
$0Perpetual preferred stock
$1,266Common stock
$1,266Surplus
$5,317Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,014Income earned, not collected on loans
$0Earning assets
$329Long-term assets (5+ years)
$61,623Average Assets, year-to-date
$45,192Average Assets, quarterly
$65,759Volatile liabilities
$65,791Insider loans
$42,066FHLB advances
$66,060Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,849Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,928Total interest income
$1,437Total interest expense
$2,491Net interest income
$372Provision for loan and lease losses
$117Total noninterest income
$0Fiduciary activities
$1Service charges on deposit accounts
$0Trading account gains & fees
$116Additional noninterest income
$1,219Total noninterest expense
$556Salaries and employee benefits
$40Premises and equipment expense
$623Additional noninterest expense
$1,017Pre-tax net operating income
$0Securities gains (losses)
$57Applicable income taxes
$960Income before extraordinary items
$0Extraordinary gains - net
$960Net income attributable to bank
$0Net charge-offs
$960Cash dividends
$62Sale, conversion, retirement of capital stock, net
$2,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.27%Yield on earning assets
2.30%Cost of funding earning assets
3.98%Net interest margin
0.19%Noninterest income to earning assets
1.95%Noninterest expense to earning assets
1.46%Net operating income to assets
1.46%Return on assets (ROA)
1.55%Pretax return on assets
10.63%Return on equity (ROE)
-11.52%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
600.00%Credit loss provision to net charge-offs
22.40%Efficiency ratio
46,741Assets per employee
13.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
208.33%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
32.61%Noncurrent assets plus other real estate owned to assets
6.16%Noncurrent loans to loans
5.72%Net loans and leases to deposits
108.06%Net loans and leases to core deposits
193.54%Equity capital to assets
12.01%Core capital (leverage) ratio
11.88%Tier 1 risk-based capital ratio
18.66%Total risk-based capital ratio
Memoranda
$20Average assets
$65,759Average earning assets
$9,031Average equity
$62,609Average loans
List of branches
1 Kansas Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41469
First Federal Savings And Loan Bank
700 East Santa Fe Street, Olathe, KS 66061
January 01, 1923
Full Service Brick and Mortar
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