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
No
ID
Name
Address
Established
Service Type
Map
0
41603
First Federal Savings Bank Of Angola
212 E Maumee, Angola, IN 46703
January 01, 1933
Full Service Brick and Mortar
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