Klamath First Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29339 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Sterling Savings Bank (#32158) Federal Reserve ID: 70179 Date Established: January 01, 1934 WWW:http://www.klamathfirst.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3307 FDIC's unique #: 42173 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: Febuary 04, 1935 Last Structure Change Effective Date: January 02, 2004 Last Structure Change Process Date: May 06, 2004 Last Data Update: May 06, 2004 Data Source Date: April 05, 2012
Location
Address: 540 Main Street, Klamath Falls, OR 97601 County: Klamath Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Portland Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Klamath Falls, OR (#28900) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $1,485.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
416Total employees (full-time equivalent)
$1,485,270Total assets
$38,110Cash and due from depository institutions
$831Interest-bearing balances
$767,707Securities
$1,250Federal funds sold & reverse repurchase agreements
$572,458Net loans & leases
$6,751Loan loss allowance
$0Trading account assets
$22,048Bank premises and fixed assets
$608Other real estate owned
$35,437Goodwill and other intangibles
$0Life insurance assets
$47,652All other assets
$1,485,270Total liabilities and capital
$1,352,547Total liabilities
$987,444Total deposits
$943,703Interest-bearing deposits
$987,444Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$342,500Other borrowed funds
$0Subordinated debt
$22,603All other liabilities
$132,723Total equity capital
$132,723Total bank equity capital
$132,723Perpetual preferred stock
$0Common stock
$1Surplus
$86,540Undivided profits
Memoranda
$46,182Noncurrent loans and leases
$118,638Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,001Earning assets
$0Long-term assets (5+ years)
$5,217Average Assets, year-to-date
$1,342,246Average Assets, quarterly
$0Volatile liabilities
$1,482,919Insider loans
$1,507,488FHLB advances
$625,709Loans and leases held for sale
$8,029Unused loan commitments
$342,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$118,638Total unused commitments
$754Restructured Loans and leases
$6,751Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$68,843Total interest income
$27,322Total interest expense
$41,521Net interest income
$0Provision for loan and lease losses
$16,746Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$16,746Additional noninterest income
$61,556Total noninterest expense
$32,977Salaries and employee benefits
$7,453Premises and equipment expense
$21,126Additional noninterest expense
-$3,289Pre-tax net operating income
$2,278Securities gains (losses)
-$135Applicable income taxes
-$876Income before extraordinary items
$0Extraordinary gains - net
-$876Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$490Sale, conversion, retirement of capital stock, net
$5,000Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
2.04%Cost of funding earning assets
3.10%Net interest margin
1.25%Noninterest income to earning assets
4.60%Noninterest expense to earning assets
-0.19%Net operating income to assets
-0.06%Return on assets (ROA)
-0.07%Pretax return on assets
-0.64%Return on equity (ROE)
-4.28%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-6.71%Efficiency ratio
99,470Assets per employee
3.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
-570.78%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
674.43%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.17%Net loans and leases to deposits
57.97%Net loans and leases to core deposits
81.29%Equity capital to assets
8.94%Core capital (leverage) ratio
6.79%Tier 1 risk-based capital ratio
11.43%Total risk-based capital ratio
Memoranda
$12Average assets
$1,482,919Average earning assets
$137,390Average equity
$1,337,463Average loans
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Klamath First Federal Savings and Loan Association
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