First Federal Savings and Loan Association in Newark, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Federal Savings and Loan Association in Newark, Ohio (OH)
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First Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29090
    Status: Active
    Federal Reserve ID: 623874
    Date Established: August 01, 1934
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 2893
    FDIC's unique #: 41924
    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: October 31, 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: 2 North Second St, Newark, OH 43055
    County: Licking
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $176.6 mil
    Equity capital: $31.7 mil
    Deposits held in domestic offices: $136.5 mil
    Return on assets (ROA): -0.02% (-$0.0 mil)
    Quarterly return on assets: -0.10% (-$0.2 mil)
    Return on Equity (ROE): -0.12% (-$0.0 mil)
    Quarterly return on equity: -0.57% (-$0.2 mil)
    Net income: -$0.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -0.03% (-$53.0 mil)
    Quarterly Pretax return on assets: -0.16% (-$282.6 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
  • 48Total employees (full-time equivalent)
  • $176,632Total assets
  • $12,127Cash and due from depository institutions
  • $7,613Interest-bearing balances
  • $8,433Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $146,558Net loans & leases
  • $1,247Loan loss allowance
  • $0Trading account assets
  • $4,251Bank premises and fixed assets
  • $1,018Other real estate owned
  • $434Goodwill and other intangibles
  • $176,632Life insurance assets
  • $3,811All other assets
  • $144,904Total liabilities and capital
  • $136,539Total liabilities
  • $128,054Total deposits
  • $136,539Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,000Trading liabilities
  • $0Other borrowed funds
  • $365Subordinated debt
  • $31,728All other liabilities
  • $31,728Total equity capital
  • $31,728Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $31,728Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,569Income earned, not collected on loans
  • $0Earning assets
  • $585Long-term assets (5+ years)
  • $162,604Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $179,063Volatile liabilities
  • $176,369Insider loans
  • $113,129FHLB advances
  • $176,632Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,302Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,850Restructured Loans and leases
  • $355Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,645Total interest income
  • $2,933Total interest expense
  • $4,712Net interest income
  • $264Provision for loan and lease losses
  • $511Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $511Additional noninterest income
  • $5,325Total noninterest expense
  • $2,857Salaries and employee benefits
  • $1,083Premises and equipment expense
  • $1,385Additional noninterest expense
  • -$366Pre-tax net operating income
  • $306Securities gains (losses)
  • -$21Applicable income taxes
  • -$39Income before extraordinary items
  • $0Extraordinary gains - net
  • -$39Net income attributable to bank
  • $0Net charge-offs
  • -$39Cash dividends
  • $247Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.77%Cost of funding earning assets
  • 2.85%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 3.22%Noninterest expense to earning assets
  • -0.13%Net operating income to assets
  • -0.02%Return on assets (ROA)
  • -0.03%Pretax return on assets
  • -0.12%Return on equity (ROE)
  • -0.12%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 106.88%Credit loss provision to net charge-offs
  • -0.41%Efficiency ratio
  • 101,953Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 48.54%Noncurrent assets plus other real estate owned to assets
  • 2.03%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 107.34%Net loans and leases to core deposits
  • 118.86%Equity capital to assets
  • 17.96%Core capital (leverage) ratio
  • 18.29%Tier 1 risk-based capital ratio
  • 28.55%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $179,063Average earning assets
  • $31,765Average equity
  • $165,358Average loans

List of branches

  • 6 Ohio Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041924First Federal Savings And Loan Assoc2 North Second St, Newark, OH 43055August 01, 1934Full Service Brick and Mortar
    102272817182 West Broad Street Branch182 West Broad Street, Pataskala, OH 43062June 30, 1988Full Service Brick and Mortar
    103272818Hebron Road Branch900 Hebron Road, Heath, OH 43055September 30, 1991Full Service Brick and Mortar
    104463809Columbus Branch1050 Beecher Crossing North, Columbus, OH 43230April 11, 2005Full Service Brick and Mortar
    105463811Granville Branch126 North Prospect Street, Granville, OH 43023June 30, 2005Full Service Brick and Mortar
    106463813Newark Branch1475 North 21st Street, Newark, OH 43055January 23, 2006Full Service Brick and Mortar

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