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

  • First Federal Savings and Loan Association of Van Wert in Van Wert, Ohio (OH)
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First Federal Savings and Loan Association of Van Wert - Overview

  • General
  • FDIC Certificate #: 29135
    Status: Active
    Federal Reserve ID: 820879
    Date Established: January 01, 1893
    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 #: 2969
    FDIC's unique #: 41969
    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: December 20, 1935
    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: 679 Fox Road, Van Wert, OH 45891
    County: Van Wert
    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
    Combined Statistical Area (CSA): Lima-Van Wert-Wapakoneta, OH (#338)
    Core Based Statistical Area (CBSA): Van Wert, OH (#46780)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $120.5 mil
    Equity capital: $16.2 mil
    Deposits held in domestic offices: $102.8 mil
    Return on assets (ROA): 0.66% ($0.8 mil)
    Quarterly return on assets: 0.61% ($0.7 mil)
    Return on Equity (ROE): 5.13% ($0.8 mil)
    Quarterly return on equity: 4.57% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.91% ($1,096.1 mil)
    Quarterly Pretax return on assets: 0.93% ($1,120.2 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
  • 19Total employees (full-time equivalent)
  • $120,455Total assets
  • $11,179Cash and due from depository institutions
  • $10,677Interest-bearing balances
  • $57,398Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $45,299Net loans & leases
  • $127Loan loss allowance
  • $0Trading account assets
  • $1,049Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $120,455Life insurance assets
  • $5,530All other assets
  • $104,292Total liabilities and capital
  • $102,811Total liabilities
  • $94,145Total deposits
  • $102,811Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,481Subordinated debt
  • $16,163All other liabilities
  • $16,163Total equity capital
  • $16,163Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $16,163Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2Income earned, not collected on loans
  • $0Earning assets
  • $429Long-term assets (5+ years)
  • $113,374Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $120,095Volatile liabilities
  • $120,611Insider loans
  • $43,639FHLB advances
  • $119,328Loans and leases held for sale
  • $3,392Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,419Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,909Restructured Loans and leases
  • $367Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,538Total interest income
  • $1,132Total interest expense
  • $3,406Net interest income
  • $18Provision for loan and lease losses
  • $305Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $305Additional noninterest income
  • $2,614Total noninterest expense
  • $1,531Salaries and employee benefits
  • $347Premises and equipment expense
  • $736Additional noninterest expense
  • $1,079Pre-tax net operating income
  • $8Securities gains (losses)
  • $290Applicable income taxes
  • $797Income before extraordinary items
  • $0Extraordinary gains - net
  • $797Net income attributable to bank
  • $0Net charge-offs
  • $797Cash 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)
  • 4.02%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 3.02%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 5.13%Return on equity (ROE)
  • 5.13%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
  • 70,439Assets per employee
  • 6.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.28%Loss allowance to noncurrent loans
  • 6350.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 44.06%Net loans and leases to core deposits
  • 44.06%Equity capital to assets
  • 13.42%Core capital (leverage) ratio
  • 12.92%Tier 1 risk-based capital ratio
  • 35.33%Total risk-based capital ratio
  • Memoranda
  • $36Average assets
  • $120,095Average earning assets
  • $15,525Average equity
  • $112,759Average loans

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041969First Federal Savings And Loan Assoc679 Fox Road, Van Wert, OH 45891January 01, 1893Full Service Brick and Mortar

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