First Federal Savings and Loan Association of Bath in city_name, state_name

First Federal Savings and Loan Association of Bath in Bath, Maine (ME)
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First Federal Savings and Loan Association of Bath - Overview

General
FDIC Certificate #: 29636
Status: Active
Federal Reserve ID: 583071
Date Established: January 01, 1935
WWW: http://www.firstfederalbath.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 3786
FDIC's unique #: 42470
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 05, 1936
Last Structure Change Effective Date: November 16, 2011
Last Structure Change Process Date: November 28, 2011
Last Data Update: November 28, 2011
Data Source Date: April 05, 2012
Location
Address: 125 Front St, Bath, ME 4530
County: Sagadahoc
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Concord
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
Core Based Statistical Area (CBSA): Portland-South Portland-Biddeford, ME (#38860)
CBSA Metro Statistical Area: Portland-South Portland-Biddeford, ME (#38860)
Financial Summary
Total assets: $114.1 mil
Equity capital: $17.9 mil
Deposits held in domestic offices: $94.9 mil
Return on assets (ROA): 0.41% ($0.5 mil)
Quarterly return on assets: 0.44% ($0.5 mil)
Return on Equity (ROE): 2.67% ($0.5 mil)
Quarterly return on equity: 2.87% ($0.5 mil)
Net income: $0.5 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.63% ($718.8 mil)
Quarterly Pretax return on assets: 0.70% ($798.7 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
39Total employees (full-time equivalent)
$114,096Total assets
$5,351Cash and due from depository institutions
$3,475Interest-bearing balances
$16Securities
$0Federal funds sold & reverse repurchase agreements
$103,901Net loans & leases
$663Loan loss allowance
$0Trading account assets
$1,985Bank premises and fixed assets
$452Other real estate owned
$0Goodwill and other intangibles
$114,095Life insurance assets
$2,391All other assets
$96,207Total liabilities and capital
$94,883Total liabilities
$90,444Total deposits
$94,883Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$1,324Subordinated debt
$17,888All other liabilities
$17,888Total equity capital
$17,888Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$17,888Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,582Income earned, not collected on loans
$0Earning assets
$484Long-term assets (5+ years)
$107,392Average Assets, year-to-date
$0Average Assets, quarterly
$113,912Volatile liabilities
$115,899Insider loans
$71,160FHLB advances
$113,867Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,445Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,345Restructured Loans and leases
$1,096Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$5,842Total interest income
$888Total interest expense
$4,954Net interest income
$60Provision for loan and lease losses
$430Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$430Additional noninterest income
$4,606Total noninterest expense
$2,598Salaries and employee benefits
$1,119Premises and equipment expense
$889Additional noninterest expense
$718Pre-tax net operating income
$1Securities gains (losses)
$247Applicable income taxes
$472Income before extraordinary items
$0Extraordinary gains - net
$472Net income attributable to bank
$0Net charge-offs
$472Cash dividends
$25Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.44%Yield on earning assets
0.83%Cost of funding earning assets
4.61%Net interest margin
0.40%Noninterest income to earning assets
4.29%Noninterest expense to earning assets
0.41%Net operating income to assets
0.41%Return on assets (ROA)
0.63%Pretax return on assets
2.67%Return on equity (ROE)
2.67%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
240.00%Credit loss provision to net charge-offs
31.12%Efficiency ratio
85,550Assets per employee
2.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.63%Loss allowance to noncurrent loans
25.68%Noncurrent assets plus other real estate owned to assets
2.46%Noncurrent loans to loans
2.47%Net loans and leases to deposits
109.50%Net loans and leases to core deposits
111.31%Equity capital to assets
15.68%Core capital (leverage) ratio
15.32%Tier 1 risk-based capital ratio
24.52%Total risk-based capital ratio
Memoranda
$25Average assets
$113,912Average earning assets
$17,645Average equity
$107,390Average loans

List of branches

5 Maine Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	42470	First Federal Savings And Loan Assoc	125 Front St, Bath, ME 4530	January 01, 1935	Full Service Brick and Mortar
1	276199	41 Townsend Avenue Branch	41 Townsend Avenue, Boothbay Harbor, ME 4538	January 01, 1935	Full Service Brick and Mortar
2	276200	238 Main Street Branch	238 Main Street, Damariscotta, ME 4543	January 01, 1935	Full Service Brick and Mortar
100	276201	55 Congress Ave. Branch	55 Congress Avenue, Bath, ME 4530	June 30, 1986	Full Service Brick and Mortar
101	521607	695 Bath Road-Branch	695 Bath Road, Wiscasset, ME 4578	August 02, 2010	Full Service Brick and Mortar

First Federal Savings and Loan Association of Bath in Bath, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Bath - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Savings and Loan Association of Bath in Bath, Maine (ME)Overview, Financial Summary, Detailed Financial Reports, Branches

First Federal Savings and Loan Association of Bath - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First Federal Savings and Loan Association of Bath in Bath, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches