First Federal Savings and Loan Association of Hammond

First Federal Savings and Loan Association of Hammond is headquartered in Hammond and is the 132^nd largest bank in the state of Indiana. It is also the 6,442^nd largest bank in the nation. It was established in 1934 and as of March of 2012, it had grown to 11 employees at 2 locations. First Federal Savings and Loan Association of Hammond has a 1-star health rating.

First Federal Savings and Loan Association of Hammond Checking Account Rates

First Federal Savings and Loan Association of Hammond Savings Account Rates

First Federal Savings and Loan Association of Hammond Money Market Rates

First Federal Savings and Loan Association of Hammond CD Rates

First Federal Savings and Loan Association of Hammond IRA Rates

Data for Q1 2012

Institution Statistics First Federal Savings and Loan Association of Hammond OTS # 02692 FDIC Certificate # 28961 BankRate Report View Year Established 1934 Employees 11 Primary Regulator OCC Assets and Liabilities Assets $47.81 million Loans $36.78 million Deposits $43.34 million Equity Capital $2.40 million Loan Loss Allowance $1.15 million Unbacked Noncurrent Loans $1.76 million Real Estate Owned $2.34 million Historic Data - March 2011 Assets $51.63 million Equity Capital $3.29 million Loan Loss Allowance $1.21 million Unbacked Noncurrent Loans $1.59 million Real Estate Owned $1.54 million Profit Margin - Quarterly Net Interest Margin 3.82% Return on Assets 2.47% Return on Equity 54.21% Interest Income $543,000

Institution Health Overall Score: 1 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 of Hammond had $4.1 million in non-current loans and owned real-estate with $3.55 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings and Loan Association of Hammond a Texas Ratio of 115.62% which is poor. 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 of Hammond increased slightly from 69.59% as of March 31, 2011 to 115.62% as of March 31, 2012, resulting in a negative change of 66.14%. This indicates that the balance sheet and financial strength for First Federal Savings and Loan Association of Hammond has declined slightly in recent periods. Deposit Growth In the past year, First Federal Savings and Loan Association of Hammond has decreased its total deposits by -$2.93 million, resulting in -6.34% 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 of Hammond has shown is poor. 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 of Hammond has $47.81 million in assets with $3.55 million in equity, resulting in a capitalization level of 7.42%, which is below average.

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