First Federal Savings Bank in city_name, state_name - Detailed Financial Reports, Location

First Federal Savings Bank in Salt Lake City, Utah (UT)
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First Federal Savings Bank - Overview

General
FDIC Certificate #: 28037
Status: Inactive
Closing history: Corrections
Acquiring institution: Washington Federal (#28088)
Federal Reserve ID: 737379
Date Established: January 01, 1920
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 775
FDIC's unique #: 40871
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: Febuary 01, 1937
Last Structure Change Effective Date: March 12, 1993
Last Structure Change Process Date: March 29, 1993
Last Data Update: August 24, 1994
Data Source Date: April 05, 2012
Location
Address: 505 East Second South, Salt Lake City, UT 84102
County: Salt Lake
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $371.6 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$155Total assets
$371,639Cash and due from depository institutions
$10,675Interest-bearing balances
$1,295Securities
$82,787Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$259,786Loan loss allowance
$2,000Trading account assets
$0Bank premises and fixed assets
$8,761Other real estate owned
$443Goodwill and other intangibles
$7,811Life insurance assets
$1,376All other assets
$0Total liabilities and capital
$371,639Total liabilities
$347,938Total deposits
$302,583Interest-bearing deposits
$298,346Deposits held in domestic offices
302583.00%% insured (estimated)
$95Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$43,673Subordinated debt
$0All other liabilities
$1,682Total equity capital
$1,682Total bank equity capital
$23,701Perpetual preferred stock
$0Common stock
$2,012Surplus
$6,794Undivided profits
Memoranda
$14,895Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,440Income earned, not collected on loans
$1,870Earning assets
$343,868Long-term assets (5+ years)
$0Average Assets, year-to-date
$367,727Average Assets, quarterly
$374,653Volatile liabilities
$79,803Insider loans
$0FHLB advances
$40,500Loans and leases held for sale
$0Unused loan commitments
$19,560Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$23,585Total risk weighted assets
$202,596Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$32,383Total interest expense
$18,108Net interest income
$14,275Provision for loan and lease losses
$541Total noninterest income
$3,546Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$3,546Total noninterest expense
$9,153Salaries and employee benefits
$3,716Premises and equipment expense
$1,651Additional noninterest expense
$3,791Pre-tax net operating income
$8,127Securities gains (losses)
$359Applicable income taxes
$3,076Income before extraordinary items
$5,410Extraordinary gains - net
$0Net income attributable to bank
$5,410Net charge-offs
$117Cash dividends
$0Sale, conversion, retirement of capital stock, net
$64Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.48%Cost of funding earning assets
5.30%Net interest margin
4.18%Noninterest income to earning assets
1.04%Noninterest expense to earning assets
2.68%Net operating income to assets
1.41%Return on assets (ROA)
1.47%Pretax return on assets
2.31%Return on equity (ROE)
25.83%Retained earnings to average equity (YTD only)
25.83%Net charge-offs to loans
0.04%Credit loss provision to net charge-offs
462.39%Efficiency ratio
50,912Assets per employee
2.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
138.89%Noncurrent assets plus other real estate owned to assets
0.51%Noncurrent loans to loans
0.55%Net loans and leases to deposits
85.86%Net loans and leases to core deposits
97.50%Equity capital to assets
6.38%Core capital (leverage) ratio
6.35%Tier 1 risk-based capital ratio
11.64%Total risk-based capital ratio
Memoranda
$13Average assets
$367,727Average earning assets
$20,947Average equity
$341,463Average loans

First Federal Savings Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Federal Savings Bank in Salt Lake City, Utah (UT)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First Federal Savings Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches