First Federal Bank of the Midwest

First Federal Bank of the Midwest is headquartered in Defiance and is the 13^st largest bank in the state of Ohio. It is also the 336^th largest bank in the nation. It was established in 1920 and as of March of 2012, it had grown to 407 employees at 32 locations. First Federal Bank of the Midwest has a 4-star health rating.

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Data for Q1 2012

Institution Statistics First Federal Bank of the Midwest OTS # 04192 FDIC Certificate # 29845 BankRate Report View Year Established 1920 Employees 407 Primary Regulator OCC Assets and Liabilities Assets $2.13 billion Loans $1.46 billion Deposits $1.69 billion Equity Capital $292.04 million Loan Loss Allowance $28.83 million Unbacked Noncurrent Loans $44.63 million Real Estate Owned $3.39 million Historic Data - March 2011 Assets $2.05 billion Equity Capital $270.29 million Loan Loss Allowance $29.39 million Unbacked Noncurrent Loans $33.14 million Real Estate Owned $9.15 million Profit Margin - Quarterly Net Interest Margin 3.73% Return on Assets 0.8% Return on Equity 5.77% Interest Income $20.75 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 the Midwest had $48.02 million in non-current loans and owned real-estate with $320.87 million in equity and loan loss allowances on hand to cover it. This gives First Federal Bank of the Midwest a Texas Ratio of 14.97% 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 the Midwest held steady from 14.14% as of March 31, 2011 to 14.97% as of March 31, 2012, resulting in a negative change of 5.87%. This indicates that the balance sheet and financial strength for First Federal Bank of the Midwest has held steady in recent periods. Deposit Growth In the past year, First Federal Bank of the Midwest has increased its total deposits by $70.49 million, resulting in 4.37% 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 the Midwest 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 the Midwest has $2.13 billion in assets with $320.87 million in equity, resulting in a capitalization level of 15.09%, which is excellent.

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