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)
  • Show street view No street view available for this location

First Federal Savings Bank of Angola - Overview

  • General
  • FDIC Certificate #: 28769
    Status: Active
    Federal Reserve ID: 158376
    Date Established: January 01, 1933
    WWW: http://www.ffsbangola.com
    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

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Federal Savings Bank of Angola.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents