First Federal Savings and Loan Association in Opelousas, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 2004

  • First Federal Savings and Loan Association in Opelousas, Louisiana (LA)
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First Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30956
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Teche Federal Bank (#29028)
    Federal Reserve ID: 717278
    Date Established: June 01, 1957
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6172
    FDIC's unique #: 43790
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1957
    Last Structure Change Effective Date: July 02, 2004
    Last Structure Change Process Date: July 08, 2004
    Last Data Update: July 08, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 428 East Landry Street, Opelousas, LA 70570
    County: St. Landry
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Lafayette, LA (#3880)
    Combined Statistical Area (CSA): Lafayette-Acadiana, LA (#318)
    Core Based Statistical Area (CBSA): Opelousas-Eunice, LA (#36660)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $66.8 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, 2003)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $69,521Total assets
  • $900Cash and due from depository institutions
  • $757Interest-bearing balances
  • $13,012Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $52,477Net loans & leases
  • $355Loan loss allowance
  • $0Trading account assets
  • $977Bank premises and fixed assets
  • $620Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,535All other assets
  • $69,521Total liabilities and capital
  • $61,956Total liabilities
  • $48,893Total deposits
  • $48,125Interest-bearing deposits
  • $48,893Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,430Other borrowed funds
  • $0Subordinated debt
  • $633All other liabilities
  • $7,565Total equity capital
  • $7,565Total bank equity capital
  • $7,565Perpetual preferred stock
  • $0Common stock
  • $5Surplus
  • $1,807Undivided profits
  • Memoranda
  • $5,753Noncurrent loans and leases
  • $1,560Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $800Earning assets
  • $0Long-term assets (5+ years)
  • $212Average Assets, year-to-date
  • $66,246Average Assets, quarterly
  • $0Volatile liabilities
  • $72,493Insider loans
  • $70,418FHLB advances
  • $24,286Loans and leases held for sale
  • $1,008Unused loan commitments
  • $12,401Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,560Total unused commitments
  • $1,329Restructured Loans and leases
  • $355Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $3,671Total interest income
  • $1,810Total interest expense
  • $1,861Net interest income
  • $49Provision for loan and lease losses
  • $211Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $211Additional noninterest income
  • $1,787Total noninterest expense
  • $1,143Salaries and employee benefits
  • $306Premises and equipment expense
  • $338Additional noninterest expense
  • $236Pre-tax net operating income
  • $0Securities gains (losses)
  • $39Applicable income taxes
  • $197Income before extraordinary items
  • $0Extraordinary gains - net
  • $197Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $144Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 2.63%Cost of funding earning assets
  • 2.70%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 2.59%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 2.65%Return on equity (ROE)
  • 2.65%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 34.03%Credit loss provision to net charge-offs
  • 1.98%Efficiency ratio
  • 86,245Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.67%Loss allowance to noncurrent loans
  • 44.38%Noncurrent assets plus other real estate owned to assets
  • 2.04%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 107.33%Net loans and leases to core deposits
  • 141.69%Equity capital to assets
  • 10.88%Core capital (leverage) ratio
  • 10.22%Tier 1 risk-based capital ratio
  • 16.81%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $72,493Average earning assets
  • $7,443Average equity
  • $68,875Average loans

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