First Federal Savings Bank of Frankfort in city_name, state_name

First Federal Savings Bank of Frankfort in Frankfort, Kentucky (KY)
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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

No	ID	Name	Address	Established	Service Type
0	42771	First Federal Savings Bank Of Frankf	216 W Main St, Frankfort, KY 40601	January 01, 1934	Full Service Brick and Mortar
1	277802	190 Versailles Rd Branch	190 Versailles Road, Frankfort, KY 40601	January 01, 1934	Full Service Brick and Mortar
3	277803	U S Hwy 127 South Branch	1220 Us Highway 127 S, Frankfort, KY 40601	January 01, 1934	Full Service Brick and Mortar

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

First Federal Savings Bank of Frankfort - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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

First Federal Savings Bank of Frankfort - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

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