First Federal Bank, F.S.B. in Chattanooga, Tennessee (TN)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 01, 1993

  • First Federal Bank, F.S.B. in Chattanooga, Tennessee (TN)
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First Federal Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 29053
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: AmSouth Bank of Tennessee (#33431)
    Federal Reserve ID: 614171
    Date Established: July 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2835
    FDIC's unique #: 41887
    Numeric code: 37
    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: November 26, 1934
    Last Structure Change Effective Date: Febuary 01, 1993
    Last Structure Change Process Date: Febuary 04, 1993
    Last Data Update: Febuary 04, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 601 Market Center, Chattanooga, TN 37402
    County: Hamilton
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Knoxville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Chattanooga, TN-GA (#1560)
    Combined Statistical Area (CSA): Chattanooga-Cleveland-Athens, TN-GA (#174)
    Core Based Statistical Area (CBSA): Chattanooga, TN-GA (#16860)
    CBSA Metro Statistical Area: Chattanooga, TN-GA (#16860)
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $1,017.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $340Total assets
  • $1,017,149Cash and due from depository institutions
  • $66,053Interest-bearing balances
  • $50,305Securities
  • $370,094Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $546,147Loan loss allowance
  • $12,161Trading account assets
  • $0Bank premises and fixed assets
  • $10,481Other real estate owned
  • $4,784Goodwill and other intangibles
  • $18,820Life insurance assets
  • $770All other assets
  • $0Total liabilities and capital
  • $1,017,149Total liabilities
  • $934,669Total deposits
  • $874,943Interest-bearing deposits
  • $856,508Deposits held in domestic offices
  • 874943.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $55,932Subordinated debt
  • $0All other liabilities
  • $3,794Total equity capital
  • $3,794Total bank equity capital
  • $82,480Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $52,806Undivided profits
  • Memoranda
  • $29,673Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,502Income earned, not collected on loans
  • $3,914Earning assets
  • $966,546Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $942,426Average Assets, quarterly
  • $1,013,319Volatile liabilities
  • $210,578Insider loans
  • $0FHLB advances
  • $45,932Loans and leases held for sale
  • $0Unused loan commitments
  • $13,737Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $82,436Total risk weighted assets
  • $462,403Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $72,503Total interest expense
  • $39,253Net interest income
  • $33,250Provision for loan and lease losses
  • $5,070Total noninterest income
  • $3,637Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $167Additional noninterest income
  • $3,470Total noninterest expense
  • $20,944Salaries and employee benefits
  • $8,909Premises and equipment expense
  • $3,003Additional noninterest expense
  • $9,032Pre-tax net operating income
  • $10,873Securities gains (losses)
  • $1,979Applicable income taxes
  • $5,169Income before extraordinary items
  • $7,683Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,683Net charge-offs
  • $1,492Cash dividends
  • $5,000Sale, conversion, retirement of capital stock, net
  • $13,424Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.08%Cost of funding earning assets
  • 4.38%Net interest margin
  • 3.71%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 2.33%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 1.36%Return on equity (ROE)
  • 10.08%Retained earnings to average equity (YTD only)
  • 3.52%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 339.81%Efficiency ratio
  • 56,725Assets per employee
  • 2.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.08%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 143.04%Noncurrent assets plus other real estate owned to assets
  • 1.31%Noncurrent loans to loans
  • 1.52%Net loans and leases to deposits
  • 62.42%Net loans and leases to core deposits
  • 75.82%Equity capital to assets
  • 8.11%Core capital (leverage) ratio
  • 8.12%Tier 1 risk-based capital ratio
  • 17.83%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $942,426Average earning assets
  • $76,191Average equity
  • $897,063Average loans

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