First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1995

  • First Federal Savings Bank, F.S.B. in Rockford, Illinois (IL)
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First Federal Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 29321
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Financial Bank (#28939)
    Federal Reserve ID: 59772
    Date Established: January 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3276
    FDIC's unique #: 42155
    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: January 18, 1935
    Last Structure Change Effective Date: Febuary 28, 1995
    Last Structure Change Process Date: April 18, 1995
    Last Data Update: January 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 612 N Main St, Rockford, IL 61105
    County: Winnebago
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Princeton
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Rockford, IL (#6880)
    Combined Statistical Area (CSA): Rockford-Freeport-Rochelle, IL (#466)
    Core Based Statistical Area (CBSA): Rockford, IL (#40420)
    CBSA Metro Statistical Area: Rockford, IL (#40420)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $393.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $195Total assets
  • $393,717Cash and due from depository institutions
  • $18,831Interest-bearing balances
  • $187Securities
  • $105,586Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $245,094Loan loss allowance
  • $2,740Trading account assets
  • $0Bank premises and fixed assets
  • $4,933Other real estate owned
  • $1,160Goodwill and other intangibles
  • $11,722Life insurance assets
  • $6,391All other assets
  • $0Total liabilities and capital
  • $393,717Total liabilities
  • $351,713Total deposits
  • $319,153Interest-bearing deposits
  • $295,297Deposits held in domestic offices
  • 319153.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $14,828Trading liabilities
  • $0Other borrowed funds
  • $14,212Subordinated debt
  • $0All other liabilities
  • $3,520Total equity capital
  • $3,520Total bank equity capital
  • $42,004Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $9,477Undivided profits
  • Memoranda
  • $32,526Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,443Income earned, not collected on loans
  • $1,486Earning assets
  • $350,867Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $400,986Average Assets, quarterly
  • $398,736Volatile liabilities
  • $51,313Insider loans
  • $112FHLB advances
  • $4,457Loans and leases held for sale
  • $0Unused loan commitments
  • $19,885Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $43,155Total risk weighted assets
  • $203,463Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $25,264Total interest expense
  • $11,677Net interest income
  • $13,587Provision for loan and lease losses
  • $284Total noninterest income
  • $6,921Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$235Additional noninterest income
  • $7,156Total noninterest expense
  • $13,214Salaries and employee benefits
  • $6,938Premises and equipment expense
  • $2,063Additional noninterest expense
  • $4,213Pre-tax net operating income
  • $7,010Securities gains (losses)
  • $374Applicable income taxes
  • $2,715Income before extraordinary items
  • $4,669Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,669Net charge-offs
  • $103Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $537Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.05%Cost of funding earning assets
  • 3.26%Net interest margin
  • 3.79%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 3.69%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 1.84%Return on equity (ROE)
  • 11.37%Retained earnings to average equity (YTD only)
  • 11.37%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 275.73%Efficiency ratio
  • 64,433Assets per employee
  • 2.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 189.88%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 76.80%Net loans and leases to core deposits
  • 82.56%Equity capital to assets
  • 10.67%Core capital (leverage) ratio
  • 10.93%Tier 1 risk-based capital ratio
  • 21.21%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $400,986Average earning assets
  • $41,060Average equity
  • $358,319Average loans

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