First Federal Bank in Tallahassee, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 07, 1996

  • First Federal Bank in Tallahassee, Florida (FL)
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First Federal Bank - Overview

  • General
  • FDIC Certificate #: 31194
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Capital City Bank (#9622)
    Federal Reserve ID: 830270
    Date Established: July 08, 1960
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6514
    FDIC's unique #: 44028
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 08, 1960
    Last Structure Change Effective Date: December 07, 1996
    Last Structure Change Process Date: December 20, 1996
    Last Data Update: December 20, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1301 Metropolitan Boulevard, Tallahassee, FL 32308
    County: Leon
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tallahassee, FL (#8240)
    Core Based Statistical Area (CBSA): Tallahassee, FL (#45220)
    CBSA Metro Statistical Area: Tallahassee, FL (#45220)
  • Financial Summary
  • Total assets: $237.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $96Total assets
  • $235,533Cash and due from depository institutions
  • $6,060Interest-bearing balances
  • $1,220Securities
  • $39,443Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $177,580Loan loss allowance
  • $1,436Trading account assets
  • $0Bank premises and fixed assets
  • $8,794Other real estate owned
  • $490Goodwill and other intangibles
  • $3,166Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $235,533Total liabilities
  • $220,537Total deposits
  • $208,487Interest-bearing deposits
  • $200,099Deposits held in domestic offices
  • 208487.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,000Subordinated debt
  • $0All other liabilities
  • $1,050Total equity capital
  • $1,050Total bank equity capital
  • $14,996Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $3,439Undivided profits
  • Memoranda
  • $11,556Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $119Income earned, not collected on loans
  • $1,071Earning assets
  • $218,243Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $223,656Average Assets, quarterly
  • $234,084Volatile liabilities
  • $33,474Insider loans
  • $1,618FHLB advances
  • $11,000Loans and leases held for sale
  • $0Unused loan commitments
  • $9,546Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,986Total risk weighted assets
  • $139,113Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,693Total interest expense
  • $10,161Net interest income
  • $6,532Provision for loan and lease losses
  • -$3Total noninterest income
  • $1,222Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,222Total noninterest expense
  • $5,833Salaries and employee benefits
  • $3,183Premises and equipment expense
  • $1,125Additional noninterest expense
  • $1,525Pre-tax net operating income
  • $1,924Securities gains (losses)
  • $345Applicable income taxes
  • $847Income before extraordinary items
  • $1,422Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,422Net charge-offs
  • $92Cash dividends
  • $462Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.99%Cost of funding earning assets
  • 4.86%Net interest margin
  • 3.13%Noninterest income to earning assets
  • 0.59%Noninterest expense to earning assets
  • 2.79%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 9.94%Retained earnings to average equity (YTD only)
  • 6.71%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • -3.26%Efficiency ratio
  • 75,226Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.49%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 1206.72%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 85.18%Net loans and leases to core deposits
  • 95.47%Equity capital to assets
  • 6.37%Core capital (leverage) ratio
  • 6.36%Tier 1 risk-based capital ratio
  • 10.77%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $223,656Average earning assets
  • $14,300Average equity
  • $208,884Average loans

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