First Federal Savings Association in Lewiston, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 1994

  • First Federal Savings Association in Lewiston, Maine (ME)
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First Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33600
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: UnitedKingfield Bank (#22226)
    Federal Reserve ID: 401773
    Date Established: May 21, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9977
    FDIC's unique #: 47581
    Numeric code: 38
    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: May 21, 1992
    Last Structure Change Effective Date: March 18, 1994
    Last Structure Change Process Date: March 30, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: Canal And Chestnut Streets, Lewiston, ME 4240
    County: Androscoggin
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Lewiston-Auburn, ME (#4240)
    Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
    Core Based Statistical Area (CBSA): Lewiston-Auburn, ME (#30340)
    CBSA Metro Statistical Area: Lewiston-Auburn, ME (#30340)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $39.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $39,227Cash and due from depository institutions
  • $7,482Interest-bearing balances
  • $6,995Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $21,775Loan loss allowance
  • $478Trading account assets
  • $0Bank premises and fixed assets
  • $1,263Other real estate owned
  • $3,796Goodwill and other intangibles
  • $4,911Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $39,227Total liabilities
  • $47,611Total deposits
  • $46,508Interest-bearing deposits
  • $46,508Deposits held in domestic offices
  • 46508.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,103Total equity capital
  • $1,103Total bank equity capital
  • $-8,384Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-8,384Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,169Income earned, not collected on loans
  • $152Earning assets
  • $28,770Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $50,744Average Assets, quarterly
  • $40,300Volatile liabilities
  • $404Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $287Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-8,384Total risk weighted assets
  • $24,312Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,866Total interest expense
  • $3,621Net interest income
  • -$755Provision for loan and lease losses
  • -$200Total noninterest income
  • $330Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $330Total noninterest expense
  • $5,558Salaries and employee benefits
  • $520Premises and equipment expense
  • $365Additional noninterest expense
  • $4,673Pre-tax net operating income
  • -$5,783Securities gains (losses)
  • $204Applicable income taxes
  • $0Income before extraordinary items
  • -$5,579Extraordinary gains - net
  • $0Net income attributable to bank
  • -$5,579Net charge-offs
  • $1,352Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.91%Cost of funding earning assets
  • 8.73%Net interest margin
  • -1.82%Noninterest income to earning assets
  • 0.80%Noninterest expense to earning assets
  • 13.39%Net operating income to assets
  • -11.40%Return on assets (ROA)
  • -10.99%Pretax return on assets
  • -10.99%Return on equity (ROE)
  • 95.00%Retained earnings to average equity (YTD only)
  • 95.00%Net charge-offs to loans
  • 3.71%Credit loss provision to net charge-offs
  • -14.79%Efficiency ratio
  • -1,307,765Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.15%Loss allowance to noncurrent loans
  • 40.89%Noncurrent assets plus other real estate owned to assets
  • 12.66%Noncurrent loans to loans
  • 5.25%Net loans and leases to deposits
  • 46.82%Net loans and leases to core deposits
  • 47.23%Equity capital to assets
  • -21.37%Core capital (leverage) ratio
  • -21.37%Tier 1 risk-based capital ratio
  • -34.49%Total risk-based capital ratio
  • Memoranda
  • -$34Average assets
  • $50,744Average earning assets
  • -$5,872Average equity
  • $41,493Average loans

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