First Federal Savings Bank of Angola in Angola, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Federal Savings Bank of Angola in Angola, Indiana (IN)
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First Federal Savings Bank of Angola - Overview

  • General
  • FDIC Certificate #: 28769
    Status: Active
    Federal Reserve ID: 158376
    Date Established: January 01, 1933
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 2324
    FDIC's unique #: 41603
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: November 15, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 212 E Maumee, Angola, IN 46703
    County: Steuben
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Indianapolis
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Combined Statistical Area (CSA): Fort Wayne-Huntington-Auburn, IN (#258)
    Core Based Statistical Area (CBSA): Angola, IN (#11420)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $123.7 mil
    Equity capital: $20.3 mil
    Deposits held in domestic offices: $103.1 mil
    Return on assets (ROA): 0.56% ($0.7 mil)
    Quarterly return on assets: 0.74% ($0.9 mil)
    Return on Equity (ROE): 3.68% ($0.7 mil)
    Quarterly return on equity: 4.72% ($0.9 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.97% ($1,200.0 mil)
    Quarterly Pretax return on assets: 1.21% ($1,496.9 mil)

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

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $123,711Total assets
  • $28,165Cash and due from depository institutions
  • $25,652Interest-bearing balances
  • $4Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $89,872Net loans & leases
  • $949Loan loss allowance
  • $0Trading account assets
  • $3,141Bank premises and fixed assets
  • $365Other real estate owned
  • $53Goodwill and other intangibles
  • $123,711Life insurance assets
  • $2,111All other assets
  • $103,408Total liabilities and capital
  • $103,072Total liabilities
  • $91,989Total deposits
  • $103,072Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $336Subordinated debt
  • $20,303All other liabilities
  • $20,303Total equity capital
  • $20,303Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $20,303Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $68Income earned, not collected on loans
  • $0Earning assets
  • $216Long-term assets (5+ years)
  • $115,528Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $130,732Volatile liabilities
  • $128,023Insider loans
  • $58,593FHLB advances
  • $123,668Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,260Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,940Restructured Loans and leases
  • $1,479Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,844Total interest income
  • $1,371Total interest expense
  • $3,473Net interest income
  • $134Provision for loan and lease losses
  • $663Total noninterest income
  • $0Fiduciary activities
  • $96Service charges on deposit accounts
  • $0Trading account gains & fees
  • $567Additional noninterest income
  • $2,729Total noninterest expense
  • $1,510Salaries and employee benefits
  • $526Premises and equipment expense
  • $693Additional noninterest expense
  • $1,273Pre-tax net operating income
  • $0Securities gains (losses)
  • $540Applicable income taxes
  • $733Income before extraordinary items
  • $0Extraordinary gains - net
  • $733Net income attributable to bank
  • $0Net charge-offs
  • $733Cash dividends
  • $128Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.96%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 2.84%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.23%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 3.68%Return on equity (ROE)
  • 3.68%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 104.69%Credit loss provision to net charge-offs
  • 10.99%Efficiency ratio
  • 65,522Assets per employee
  • 4.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.04%Loss allowance to noncurrent loans
  • 1395.59%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 87.19%Net loans and leases to core deposits
  • 90.09%Equity capital to assets
  • 16.41%Core capital (leverage) ratio
  • 16.38%Tier 1 risk-based capital ratio
  • 34.58%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $130,732Average earning assets
  • $19,895Average equity
  • $122,478Average loans

List of branches

  • 1 Indiana Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041603First Federal Savings Bank Of Angola212 E Maumee, Angola, IN 46703January 01, 1933Full Service Brick and Mortar

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