First Federal Savings Bank of Frankfort in Frankfort, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Federal Savings Bank of Frankfort in Frankfort, Kentucky (KY)
  • Show street view No street view available for this location

First Federal Savings Bank of Frankfort - Overview

  • General
  • FDIC Certificate #: 29937
    Status: Active
    Federal Reserve ID: 741974
    Date Established: January 01, 1934
    WWW: http://www.ffsbfrankfort.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 4381
    FDIC's unique #: 42771
    Numeric code: 33
    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: April 15, 1938
    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: 216 W Main St, Frankfort, KY 40601
    County: Franklin
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Lexington
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Lexington-Fayette-Frankfort-Richmond, KY (#336)
    Core Based Statistical Area (CBSA): Frankfort, KY (#23180)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $137.7 mil
    Equity capital: $33.4 mil
    Deposits held in domestic offices: $71.5 mil
    Return on assets (ROA): 0.66% ($0.9 mil)
    Quarterly return on assets: 0.94% ($1.3 mil)
    Return on Equity (ROE): 2.79% ($0.9 mil)
    Quarterly return on equity: 3.95% ($1.3 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.96% ($1,321.9 mil)
    Quarterly Pretax return on assets: 1.39% ($1,913.9 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
  • 25Total employees (full-time equivalent)
  • $137,693Total assets
  • $3,204Cash and due from depository institutions
  • $2,741Interest-bearing balances
  • $194Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $109,563Net loans & leases
  • $464Loan loss allowance
  • $0Trading account assets
  • $2,372Bank premises and fixed assets
  • $949Other real estate owned
  • $14,640Goodwill and other intangibles
  • $137,693Life insurance assets
  • $6,771All other assets
  • $104,280Total liabilities and capital
  • $71,468Total liabilities
  • $70,474Total deposits
  • $71,468Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $31,715Trading liabilities
  • $0Other borrowed funds
  • $1,097Subordinated debt
  • $33,413All other liabilities
  • $33,413Total equity capital
  • $33,413Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $31,131Surplus
  • $2,281Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $541Income earned, not collected on loans
  • $0Earning assets
  • $252Long-term assets (5+ years)
  • $112,498Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $139,727Volatile liabilities
  • $139,913Insider loans
  • $69,170FHLB advances
  • $123,149Loans and leases held for sale
  • $2,652Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,874Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,668Restructured Loans and leases
  • $937Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,885Total interest income
  • $1,369Total interest expense
  • $4,516Net interest income
  • $630Provision for loan and lease losses
  • $341Total noninterest income
  • $0Fiduciary activities
  • $11Service charges on deposit accounts
  • $0Trading account gains & fees
  • $330Additional noninterest income
  • $2,880Total noninterest expense
  • $1,741Salaries and employee benefits
  • $409Premises and equipment expense
  • $730Additional noninterest expense
  • $1,347Pre-tax net operating income
  • $0Securities gains (losses)
  • $428Applicable income taxes
  • $919Income before extraordinary items
  • $0Extraordinary gains - net
  • $919Net income attributable to bank
  • $0Net charge-offs
  • $919Cash dividends
  • $360Sale, conversion, retirement of capital stock, net
  • $378Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 2.52%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.96%Pretax return on assets
  • 2.79%Return on equity (ROE)
  • 1.64%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 175.00%Credit loss provision to net charge-offs
  • 5.49%Efficiency ratio
  • 56,578Assets per employee
  • 5.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 41.13%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 85.77%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 153.30%Net loans and leases to core deposits
  • 153.87%Equity capital to assets
  • 24.27%Core capital (leverage) ratio
  • 15.33%Tier 1 risk-based capital ratio
  • 27.29%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $139,727Average earning assets
  • $32,981Average equity
  • $114,431Average loans

List of branches

  • 3 Kentucky Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042771First Federal Savings Bank Of Frankf216 W Main St, Frankfort, KY 40601January 01, 1934Full Service Brick and Mortar
    1277802190 Versailles Rd Branch190 Versailles Road, Frankfort, KY 40601January 01, 1934Full Service Brick and Mortar
    3277803U S Hwy 127 South Branch1220 Us Highway 127 S, Frankfort, KY 40601January 01, 1934Full 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 Frankfort.
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