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)
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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
    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

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