Fairfield Federal Savings and Loan Association of Lancaster in Lancaster, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Fairfield Federal Savings and Loan Association of Lancaster in Lancaster, Ohio (OH)
  • Show street view No street view available for this location

Fairfield Federal Savings and Loan Association of Lancaster - Overview

  • General
  • FDIC Certificate #: 27806
    Status: Active
    Federal Reserve ID: 666974
    Date Established: January 01, 1895
    WWW: http://www.fairfieldfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 311
    FDIC's unique #: 40640
    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 04, 1935
    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: 111 East Main Street, Lancaster, OH 43130
    County: Fairfield
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $268.8 mil
    Equity capital: $23.6 mil
    Deposits held in domestic offices: $234.7 mil
    Return on assets (ROA): 0.19% ($0.5 mil)
    Quarterly return on assets: 0.20% ($0.5 mil)
    Return on Equity (ROE): 2.16% ($0.5 mil)
    Quarterly return on equity: 2.28% ($0.5 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.28% ($752.6 mil)
    Quarterly Pretax return on assets: 0.30% ($806.3 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
  • 53Total employees (full-time equivalent)
  • $268,772Total assets
  • $21,624Cash and due from depository institutions
  • $19,330Interest-bearing balances
  • $9,571Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $229,490Net loans & leases
  • $300Loan loss allowance
  • $0Trading account assets
  • $2,386Bank premises and fixed assets
  • $492Other real estate owned
  • $0Goodwill and other intangibles
  • $268,772Life insurance assets
  • $5,209All other assets
  • $245,168Total liabilities and capital
  • $234,715Total liabilities
  • $229,178Total deposits
  • $234,715Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,920Trading liabilities
  • $0Other borrowed funds
  • $533Subordinated debt
  • $23,604All other liabilities
  • $23,604Total equity capital
  • $23,604Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $23,604Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,643Income earned, not collected on loans
  • $0Earning assets
  • $999Long-term assets (5+ years)
  • $258,391Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $268,990Volatile liabilities
  • $267,857Insider loans
  • $146,753FHLB advances
  • $268,669Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,501Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,021Restructured Loans and leases
  • $463Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,286Total interest income
  • $4,009Total interest expense
  • $8,277Net interest income
  • $270Provision for loan and lease losses
  • $504Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $504Additional noninterest income
  • $7,746Total noninterest expense
  • $4,876Salaries and employee benefits
  • $813Premises and equipment expense
  • $2,057Additional noninterest expense
  • $765Pre-tax net operating income
  • $0Securities gains (losses)
  • $261Applicable income taxes
  • $504Income before extraordinary items
  • $0Extraordinary gains - net
  • $504Net income attributable to bank
  • $0Net charge-offs
  • $504Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 1.55%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 2.16%Return on equity (ROE)
  • 2.16%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 270.00%Credit loss provision to net charge-offs
  • 10.35%Efficiency ratio
  • 88,213Assets per employee
  • 5.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.13%Loss allowance to noncurrent loans
  • 18.26%Noncurrent assets plus other real estate owned to assets
  • 0.79%Noncurrent loans to loans
  • 0.72%Net loans and leases to deposits
  • 97.77%Net loans and leases to core deposits
  • 102.09%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 16.01%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $268,990Average earning assets
  • $23,355Average equity
  • $259,005Average loans

List of branches

  • 3 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040640Fairfield Federal Savings And Loan A111 East Main Street, Lancaster, OH 43130January 01, 1895Full Service Brick and Mortar
    102464069W Fair Ave Branch1100 W Fair Ave, Lancaster, OH 43130April 01, 1999Full Service Brick and Mortar
    103464071Crosscreeks Blvd Branch1515 Cross Creeks Blvd, Pickerington, OH 43147April 01, 1999Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Fairfield Federal Savings and Loan Association of Lancaster.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents