First Federal Savings Bank of Washington in Washington, Indiana (IN)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Federal Savings Bank of Washington in Washington, Indiana (IN)
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First Federal Savings Bank of Washington - Overview

  • General
  • FDIC Certificate #: 29710
    Status: Active
    Federal Reserve ID: 110972
    Date Established: January 01, 1895
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3932
    FDIC's unique #: 42544
    Numeric code: 38
    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: September 30, 1936
    Last Structure Change Effective Date: December 09, 2011
    Last Structure Change Process Date: January 04, 2012
    Last Data Update: January 04, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 439 South State Road 57, Washington, IN 47501
    County: Daviess
    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
    Core Based Statistical Area (CBSA): Washington, IN (#47780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $81.2 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $70.6 mil
    Return on assets (ROA): 0.69% ($0.6 mil)
    Quarterly return on assets: 0.61% ($0.5 mil)
    Return on Equity (ROE): 6.85% ($0.5 mil)
    Quarterly return on equity: 5.91% ($0.5 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.14% ($925.3 mil)
    Quarterly Pretax return on assets: 1.03% ($836.0 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
  • 20Total employees (full-time equivalent)
  • $81,165Total assets
  • $17,936Cash and due from depository institutions
  • $15,140Interest-bearing balances
  • $7,960Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $51,919Net loans & leases
  • $113Loan loss allowance
  • $0Trading account assets
  • $2,085Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $81,165Life insurance assets
  • $1,265All other assets
  • $72,847Total liabilities and capital
  • $70,562Total liabilities
  • $66,077Total deposits
  • $70,562Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $285Subordinated debt
  • $8,318All other liabilities
  • $8,318Total equity capital
  • $8,318Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $8,318Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $477Income earned, not collected on loans
  • $0Earning assets
  • $249Long-term assets (5+ years)
  • $75,019Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $79,883Volatile liabilities
  • $79,785Insider loans
  • $36,605FHLB advances
  • $81,165Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,318Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,146Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,459Total interest income
  • $968Total interest expense
  • $2,491Net interest income
  • $27Provision for loan and lease losses
  • $64Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $64Additional noninterest income
  • $1,620Total noninterest expense
  • $989Salaries and employee benefits
  • $388Premises and equipment expense
  • $243Additional noninterest expense
  • $908Pre-tax net operating income
  • $0Securities gains (losses)
  • $357Applicable income taxes
  • $551Income before extraordinary items
  • $0Extraordinary gains - net
  • $551Net income attributable to bank
  • $0Net charge-offs
  • $551Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 3.39%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 2.21%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 6.85%Return on equity (ROE)
  • 6.85%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,405Assets per employee
  • 4.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.22%Loss allowance to noncurrent loans
  • 23.69%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.92%Net loans and leases to deposits
  • 73.58%Net loans and leases to core deposits
  • 84.14%Equity capital to assets
  • 10.25%Core capital (leverage) ratio
  • 10.25%Tier 1 risk-based capital ratio
  • 22.72%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $79,883Average earning assets
  • $8,041Average equity
  • $73,412Average loans

List of branches

  • 2 Indiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042544First Federal Savings Bank Of Washin439 South State Road 57, Washington, IN 47501January 01, 1895Full Service Brick and Mortar
    100276901203 N E 1st Street Branch203 N.E. 1st Street, Loogootee, IN 47553January 01, 1895Full Service Brick and Mortar

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