First Federal Savings and Loan Association in Hazard, Kentucky (KY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Federal Savings and Loan Association in Hazard, Kentucky (KY)
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First Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 31197
    Status: Active
    Federal Reserve ID: 831875
    Date Established: July 26, 1960
    WWW: http://www.ots.treas.gov
    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 #: 6517
    FDIC's unique #: 44031
    Numeric code: 37
    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: July 26, 1960
    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: Main & Lovern Streets, Hazard, KY 41701
    County: Perry
    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
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $99.4 mil
    Equity capital: $20.3 mil
    Deposits held in domestic offices: $69.3 mil
    Return on assets (ROA): 0.85% ($0.8 mil)
    Quarterly return on assets: 0.92% ($0.9 mil)
    Return on Equity (ROE): 4.42% ($0.9 mil)
    Quarterly return on equity: 4.63% ($0.9 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.29% ($1,282.2 mil)
    Quarterly Pretax return on assets: 1.40% ($1,391.6 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
  • 12Total employees (full-time equivalent)
  • $99,397Total assets
  • $1,662Cash and due from depository institutions
  • $861Interest-bearing balances
  • $18,260Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $74,521Net loans & leases
  • $374Loan loss allowance
  • $0Trading account assets
  • $325Bank premises and fixed assets
  • $1,681Other real estate owned
  • $0Goodwill and other intangibles
  • $99,397Life insurance assets
  • $2,948All other assets
  • $79,128Total liabilities and capital
  • $69,344Total liabilities
  • $69,344Total deposits
  • $69,344Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,031Trading liabilities
  • $0Other borrowed funds
  • $753Subordinated debt
  • $20,269All other liabilities
  • $20,269Total equity capital
  • $20,269Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $752Surplus
  • $19,516Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,302Income earned, not collected on loans
  • $0Earning assets
  • $253Long-term assets (5+ years)
  • $93,642Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $101,576Volatile liabilities
  • $100,399Insider loans
  • $47,709FHLB advances
  • $99,397Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,269Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $157Restructured Loans and leases
  • $239Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,628Total interest income
  • $1,393Total interest expense
  • $3,235Net interest income
  • $51Provision for loan and lease losses
  • -$52Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$52Additional noninterest income
  • $1,819Total noninterest expense
  • $1,078Salaries and employee benefits
  • $172Premises and equipment expense
  • $569Additional noninterest expense
  • $1,313Pre-tax net operating income
  • $0Securities gains (losses)
  • $445Applicable income taxes
  • $868Income before extraordinary items
  • $0Extraordinary gains - net
  • $868Net income attributable to bank
  • $0Net charge-offs
  • $868Cash dividends
  • $245Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.82%Yield on earning assets
  • 1.45%Cost of funding earning assets
  • 3.37%Net interest margin
  • -0.05%Noninterest income to earning assets
  • 1.89%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 4.42%Return on equity (ROE)
  • 4.42%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 20.82%Credit loss provision to net charge-offs
  • 5.57%Efficiency ratio
  • 57,147Assets per employee
  • 8.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 28.73%Noncurrent assets plus other real estate owned to assets
  • 3.00%Noncurrent loans to loans
  • 1.74%Net loans and leases to deposits
  • 107.47%Net loans and leases to core deposits
  • 108.89%Equity capital to assets
  • 20.39%Core capital (leverage) ratio
  • 20.39%Tier 1 risk-based capital ratio
  • 42.48%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $101,576Average earning assets
  • $19,620Average equity
  • $96,101Average loans

List of branches

  • 1 Kentucky Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    044031First Federal Savings And Loan AssocMain & Lovern Streets, Hazard, KY 41701July 26, 1960Full Service Brick and Mortar

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