First Federal Savings and Loan Association in Aberdeen, Mississippi (MS)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Federal Savings and Loan Association in Aberdeen, Mississippi (MS)
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First Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29646
    Status: Active
    Federal Reserve ID: 339876
    Date Established: March 23, 1936
    WWW: http://www.firstfederalaberdeen.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 3816
    FDIC's unique #: 42480
    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: March 23, 1936
    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: 111 West Commerce Street, Aberdeen, MS 39730
    County: Monroe
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Jackson Ms
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: West
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $31.2 mil
    Equity capital: $6.0 mil
    Deposits held in domestic offices: $25.0 mil
    Return on assets (ROA): 0.90% ($0.3 mil)
    Quarterly return on assets: 0.75% ($0.2 mil)
    Return on Equity (ROE): 4.60% ($0.3 mil)
    Quarterly return on equity: 3.88% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.44% ($449.5 mil)
    Quarterly Pretax return on assets: 1.18% ($368.4 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
  • 4Total employees (full-time equivalent)
  • $31,218Total assets
  • $5,050Cash and due from depository institutions
  • $2,467Interest-bearing balances
  • $7,333Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,364Net loans & leases
  • $105Loan loss allowance
  • $0Trading account assets
  • $10Bank premises and fixed assets
  • $116Other real estate owned
  • $0Goodwill and other intangibles
  • $31,218Life insurance assets
  • $345All other assets
  • $25,217Total liabilities and capital
  • $25,026Total liabilities
  • $25,026Total deposits
  • $25,026Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $191Subordinated debt
  • $6,001All other liabilities
  • $6,001Total equity capital
  • $6,001Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $6,001Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $65Income earned, not collected on loans
  • $0Earning assets
  • $123Long-term assets (5+ years)
  • $28,164Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $29,994Volatile liabilities
  • $30,840Insider loans
  • $11,867FHLB advances
  • $31,218Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,001Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $177Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,251Total interest income
  • $320Total interest expense
  • $931Net interest income
  • $0Provision for loan and lease losses
  • $14Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $14Additional noninterest income
  • $512Total noninterest expense
  • $340Salaries and employee benefits
  • $69Premises and equipment expense
  • $103Additional noninterest expense
  • $433Pre-tax net operating income
  • $0Securities gains (losses)
  • $163Applicable income taxes
  • $270Income before extraordinary items
  • $0Extraordinary gains - net
  • $270Net income attributable to bank
  • $0Net charge-offs
  • $270Cash 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)
  • 4.61%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 1.89%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 4.60%Return on equity (ROE)
  • 4.60%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
  • 54,180Assets per employee
  • 7.80%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.57%Loss allowance to noncurrent loans
  • 161.54%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 0.35%Net loans and leases to deposits
  • 73.38%Net loans and leases to core deposits
  • 73.38%Equity capital to assets
  • 19.22%Core capital (leverage) ratio
  • 19.22%Tier 1 risk-based capital ratio
  • 50.57%Total risk-based capital ratio
  • Memoranda
  • $51Average assets
  • $29,994Average earning assets
  • $5,870Average equity
  • $27,157Average loans

List of branches

  • 1 Mississippi Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042480First Federal Savings And Loan Assoc111 West Commerce Street, Aberdeen, MS 39730March 23, 1936Full Service Brick and Mortar

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