First Federal Bank of Florida

First Federal Bank of Florida is headquartered in Lake City and is the 24^th largest bank in the state of Florida. It is also the 665^th largest bank in the nation. It was established in 1961 and as of March of 2012, it had grown to 331 employees at 18 locations. First Federal Bank of Florida has a 4-star health rating.

First Federal Bank of Florida Routing Number: 263184488

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Data for Q1 2012

Institution Statistics First Federal Bank of Florida OTS # 06707 FDIC Certificate # 31313 BankRate Report View Year Established 1961 Employees 331 Primary Regulator OCC Assets and Liabilities Assets $995.08 million Loans $558.37 million Deposits $784.57 million Equity Capital $122.55 million Loan Loss Allowance $7.33 million Unbacked Noncurrent Loans $10.98 million Real Estate Owned $3.04 million Historic Data - March 2011 Assets $952.09 million Equity Capital $97.51 million Loan Loss Allowance $7.23 million Unbacked Noncurrent Loans $9.74 million Real Estate Owned $4.59 million Profit Margin - Quarterly Net Interest Margin 3.83% Return on Assets 0.67% Return on Equity 5.48% Interest Income $9.51 million

Institution Health Overall Score: 4 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 First Federal Bank of Florida had $14.01 million in non-current loans and owned real-estate with $129.87 million in equity and loan loss allowances on hand to cover it. This gives First Federal Bank of Florida a Texas Ratio of 10.79% 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 First Federal Bank of Florida held steady from 8.95% as of March 31, 2011 to 10.79% as of March 31, 2012, resulting in a negative change of 20.53%. This indicates that the balance sheet and financial strength for First Federal Bank of Florida has held steady in recent periods. Deposit Growth In the past year, First Federal Bank of Florida has increased its total deposits by $21.97 million, resulting in 2.88% 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 First Federal Bank of Florida has shown is above 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. First Federal Bank of Florida has $995.08 million in assets with $129.87 million in equity, resulting in a capitalization level of 13.05%, which is excellent.

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