FamilyFirst Bank

40 Main Street
Ware, MA 1082
800-881-3613
www.familyfirstbank.com

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FamilyFirst Bank is headquartered in Ware and is the 156^th largest bank in the state of Massachusetts. It is also the 6,150^th largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 18 employees at 3 locations. FamilyFirst Bank has a 3-star health rating.

FamilyFirst Bank Routing Number: 211871714

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See Rates for: Checking | Savings | Money Market | CD | IRA

FamilyFirst Bank Checking Account Rates

Apy	Min	Max	Product
0.05%	$25	-	Now Checking Account
0.05%	$1k	-	Priority Checking Account
0.05%	$1k	-	Priority Plus Checking Account

FamilyFirst Bank Savings Account Rates

Apy	Min	Max	Product
0.30%	$100k	-	Passbook Savings Account
0.25%	$25	-	Statement Savings Account
0.25%	$25	-	Christmas Club Account

FamilyFirst Bank Money Market Rates

	Apy	Min	Max	Product
	0.40%	$100k	$1m	Money Market Account

FamilyFirst Bank CD Rates

Apy	Min	Max	Product
1.42%	$500	-	4 Year Certificate
1.24%	$500	-	3 Year Certificate
1.01%	$5k	-	15 Month Certificate
0.89%	$500	-	2 Year Certificate
0.79%	$500	-	2 1/2 Year Certificate
0.70%	$500	-	1 Year Certificate
0.70%	$500	-	1 1/2 Year Certificate
0.60%	$5k	-	9 Month Certificate
0.50%	$500	-	6 Month Certificate
0.30%	$500	-	3 Month Certificate

FamilyFirst Bank IRA Rates

Apy	Min	Max	Product
1.42%	$500	-	4 Year IRA Certificate
1.42%	$500	-	4 Year Roth IRA Certificate
1.42%	$500	-	4 Year Coverdell ESA Certificate
1.24%	$500	-	3 Year IRA Certificate
1.24%	$500	-	3 Year Roth IRA Certificate
1.24%	$500	-	3 Year Coverdell ESA Certificate
1.01%	$5k	-	15 Month IRA Certificate
1.01%	$5k	-	15 Month Roth IRA Certificate
1.01%	$5k	-	15 Month Coverdell ESA Certificate
0.89%	$500	-	2 Year IRA Certificate
0.89%	$500	-	2 Year Roth IRA Certificate
0.89%	$500	-	2 Year Coverdell ESA Certificate
0.79%	$500	-	2 1/2 Year IRA Certificate
0.79%	$500	-	2 1/2 Year Roth IRA Certificate
0.79%	$500	-	2 1/2 Year Coverdell ESA Certificate
0.70%	$500	-	1 Year IRA Certificate
0.70%	$500	-	1 1/2 Year IRA Certificate
0.70%	$500	-	1 Year Roth IRA Certificate
0.70%	$500	-	1 1/2 Year Roth IRA Certificate
0.70%	$500	-	1 Year Coverdell ESA Certificate
0.70%	$500	-	1 1/2 Year Coverdell ESA Certificate
0.60%	$5k	-	9 Month IRA Certificate
0.60%	$5k	-	9 Month Roth IRA Certificate
0.60%	$5k	-	9 Month Coverdell ESA Certificate
0.50%	$500	-	6 Month IRA Certificate
0.50%	$500	-	6 Month Roth IRA Certificate
0.50%	$500	-	6 Month Coverdell ESA Certificate
0.30%	$500	-	3 Month IRA Certificate
0.30%	$500	-	3 Month Roth IRA Certificate
0.30%	$500	-	3 Month Coverdell ESA Certificate

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

FamilyFirst Bank
FDIC Certificate #	26594
BankRate Report	View
Year Established	1920
Employees	18
Primary Regulator	FDIC
Assets and Liabilities
Assets	$57.09 million
Loans	$31.44 million
Deposits	$39.65 million
Equity Capital	$5.37 million
Loan Loss Allowance	$258,000
Unbacked Noncurrent Loans	$688,000
Historic Data - March 2011
Assets	$57.60 million
Equity Capital	$5.38 million
Loan Loss Allowance	$253,000
Unbacked Noncurrent Loans	$393,000
Profit Margin - Quarterly
Net Interest Margin	2.86%
Return on Assets	-0.19%
Return on Equity	-2.01%
Interest Income	$538,000

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 FamilyFirst Bank had $688,000 in non-current loans and owned real-estate with $5.63 million in equity and loan loss allowances on hand to cover it. This gives FamilyFirst Bank a Texas Ratio of 12.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for FamilyFirst Bank increased slightly from 6.98% as of March 31, 2011 to 12.22% as of March 31, 2012, resulting in a negative change of 74.97%. This indicates that the balance sheet and financial strength for FamilyFirst Bank has declined slightly in recent periods.
Deposit Growth
In the past year, FamilyFirst Bank has decreased its total deposits by $-529,000, resulting in -1.32% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth FamilyFirst Bank has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. FamilyFirst Bank has $57.09 million in assets with $5.63 million in equity, resulting in a capitalization level of 9.86%, which is average.

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