First Federal Bank in Harrison, Arkansas (AR)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Federal Bank in Harrison, Arkansas (AR)
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First Federal Bank - Overview

  • General
  • FDIC Certificate #: 28982
    Status: Active
    Federal Reserve ID: 687072
    Date Established: June 01, 1934
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 18 (Domestic: 18, Interstate: No)
    OTS Docket #: 2721
    FDIC's unique #: 41816
    Numeric code: 37
    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: Commercial Lending Specialization
    Date of Deposit Insurance: November 14, 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: 1401 Highway 62-65 North, Harrison, AR 72601
    County: Boone
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Little Rock
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Core Based Statistical Area (CBSA): Harrison, AR (#25460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $590.1 mil
    Equity capital: $76.9 mil
    Deposits held in domestic offices: $502.2 mil
    Return on assets (ROA): -1.23% (-$7.3 mil)
    Quarterly return on assets: -1.26% (-$7.4 mil)
    Return on Equity (ROE): -11.99% (-$9.2 mil)
    Quarterly return on equity: -9.64% (-$7.4 mil)
    Net income: -$7.3 mil
    Quarterly Net income: -$1.9 mil
    Pretax return on assets: -1.19% (-$7,022.8 mil)
    Quarterly Pretax return on assets: -1.23% (-$7,258.8 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
  • 200Total employees (full-time equivalent)
  • $590,149Total assets
  • $106,913Cash and due from depository institutions
  • $98,377Interest-bearing balances
  • $62,077Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $334,514Net loans & leases
  • $20,784Loan loss allowance
  • $0Trading account assets
  • $21,277Bank premises and fixed assets
  • $39,436Other real estate owned
  • $164Goodwill and other intangibles
  • $590,149Life insurance assets
  • $25,768All other assets
  • $513,291Total liabilities and capital
  • $502,203Total liabilities
  • $472,914Total deposits
  • $502,203Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,679Trading liabilities
  • $0Other borrowed funds
  • $4,409Subordinated debt
  • $76,858All other liabilities
  • $76,858Total equity capital
  • $76,858Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $85,985Surplus
  • $-9,127Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34,346Income earned, not collected on loans
  • $0Earning assets
  • $1,516Long-term assets (5+ years)
  • $494,968Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $596,775Volatile liabilities
  • $595,581Insider loans
  • $365,456FHLB advances
  • $589,087Loans and leases held for sale
  • $22,213Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $75,796Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,573Restructured Loans and leases
  • $3,100Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $23,033Total interest income
  • $6,682Total interest expense
  • $16,351Net interest income
  • $779Provision for loan and lease losses
  • $4,977Total noninterest income
  • $0Fiduciary activities
  • $738Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,239Additional noninterest income
  • $27,225Total noninterest expense
  • $11,369Salaries and employee benefits
  • $4,337Premises and equipment expense
  • $11,519Additional noninterest expense
  • -$6,676Pre-tax net operating income
  • -$439Securities gains (losses)
  • $229Applicable income taxes
  • -$7,344Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,344Net income attributable to bank
  • $0Net charge-offs
  • -$7,344Cash dividends
  • $3,017Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 1.34%Cost of funding earning assets
  • 3.28%Net interest margin
  • 1.00%Noninterest income to earning assets
  • 5.45%Noninterest expense to earning assets
  • -1.16%Net operating income to assets
  • -1.23%Return on assets (ROA)
  • -1.19%Pretax return on assets
  • -11.99%Return on equity (ROE)
  • -11.99%Retained earnings to average equity (YTD only)
  • 0.80%Net charge-offs to loans
  • 25.82%Credit loss provision to net charge-offs
  • -1.95%Efficiency ratio
  • 127,227Assets per employee
  • 2.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.85%Loss allowance to noncurrent loans
  • 60.51%Noncurrent assets plus other real estate owned to assets
  • 12.50%Noncurrent loans to loans
  • 9.67%Net loans and leases to deposits
  • 66.61%Net loans and leases to core deposits
  • 68.12%Equity capital to assets
  • 13.02%Core capital (leverage) ratio
  • 12.87%Tier 1 risk-based capital ratio
  • 20.74%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $596,775Average earning assets
  • $61,253Average equity
  • $499,224Average loans

List of branches

  • 18 Arkansas Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041816First Federal Bank1401 Highway 62-65 North, Harrison, AR 72601June 01, 1934Full Service Brick and Mortar
    1272042210 South Main Branch210 South Main, Berryville, AR 72616June 01, 1934Full Service Brick and Mortar
    2272043Hwy 62 East Branch668 Highway 62 East, Mountain Home, AR 72653June 01, 1934Full Service Brick and Mortar
    100272045Hwy 62 Branch301 Highway 62 W., Yellville, AR 72687June 01, 1934Full Service Brick and Mortar
    101272046Walton Boulevard Branch307 North Walton Boulevard, Bentonville, AR 72712June 01, 1934Full Service Brick and Mortar
    1022720473460 North College Branch3460 North College, Fayetteville, AR 72701June 01, 1934Full Service Brick and Mortar
    10327204862-65 Bypass BranchHighway 62-65 N., Harrison, AR 72601June 30, 1985Full Service Brick and Mortar
    105272050Fayetteville Branch2025 North Crossover Road, Fayetteville, AR 72703April 01, 1997Full Service Brick and Mortar
    106272051Tonitown Branch201 East Henry De Tonti Boulevard, Springdale, AR 72762September 19, 1996Full Service Brick and Mortar
    107272052West Main Street Branch191 West Main Street, Farmington, AR 72730October 22, 1997Full Service Brick and Mortar
    108340691Highway 62 Branch1337 Highway 62 Sw, Mountain Home, AR 72653Febuary 18, 1999Full Service Brick and Mortar
    109359220West Elm Branch2030 West Elm, Rogers, AR 72756April 01, 2000Full Service Brick and Mortar
    110491913Promenade Blvd Branch2000 Promenade Boulevard, Rogers, AR 72758Febuary 25, 2008Full Service Brick and Mortar
    112495127Stephenson Ave Branch200 W Stephenson Ave., Harrison, AR 72601June 02, 2003Full Service Brick and Mortar
    114495129North Bloomington Branch225 North Bloomington St. Ste. H, Lowell, AR 72745August 05, 2008Full Service Brick and Mortar
    115495130Sunset Ave. Branch3300 W Sunset Ave., Springdale, AR 72762January 26, 2006Full Service Brick and Mortar
    1164951313027 Hwy 62 East Branch3027 Hwy 62 East, Mountain Home, AR 72653July 11, 2005Full Service Brick and Mortar
    117495132East Central Ave. Branch2501 East Central Ave. Ste. 2, Bentonville, AR 72712August 11, 2003Full Service Brick and Mortar

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