First Federal Savings and Loan Association (31409)

First Federal Savings and Loan Association (31409) is headquartered in Morehead and is the 181^st largest bank in the state of Kentucky. It is also the 6,739^th largest bank in the nation. It was established in 1963 and as of March of 2012, it had grown to 8 employees at 1 location. First Federal Savings and Loan Association (31409) has a 3-star health rating.

Data for Q1 2012

Institution Statistics First Federal Savings and Loan Association OTS # 06902 FDIC Certificate # 31409 BankRate Report View Year Established 1963 Employees 8 Primary Regulator OCC Assets and Liabilities Assets $38.05 million Loans $31.53 million Deposits $27.81 million Equity Capital $9.07 million Loan Loss Allowance $430,000 Unbacked Noncurrent Loans $2.23 million Real Estate Owned $132,000 Historic Data - March 2011 Assets $40.20 million Equity Capital $9.26 million Loan Loss Allowance $214,000 Unbacked Noncurrent Loans $1.58 million Real Estate Owned $90,000 Profit Margin - Quarterly Net Interest Margin 3.9% Return on Assets -0.08% Return on Equity -0.35% Interest Income $436,000

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 First Federal Savings and Loan Association (31409) had $2.36 million in non-current loans and owned real-estate with $9.5 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings and Loan Association (31409) a Texas Ratio of 24.84% which is 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 Savings and Loan Association (31409) increased slightly from 17.57% as of March 31, 2011 to 24.84% as of March 31, 2012, resulting in a negative change of 41.34%. This indicates that the balance sheet and financial strength for First Federal Savings and Loan Association (31409) has declined slightly in recent periods. Deposit Growth In the past year, First Federal Savings and Loan Association (31409) has decreased its total deposits by $-988,000, resulting in -3.43% 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 Savings and Loan Association (31409) 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. First Federal Savings and Loan Association (31409) has $38.05 million in assets with $9.5 million in equity, resulting in a capitalization level of 24.97%, which is excellent.

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