First Federal Savings and Loan Association of Independence

First Federal Savings and Loan Association of Independence is headquartered in Independence and is the 77^th largest bank in the state of Kansas. It is also the 3,554^th largest bank in the nation. It was established in 1905 and as of March of 2012, it had grown to 47 employees at 5 locations. First Federal Savings and Loan Association of Independence has a 3-star health rating.

First Federal Savings and Loan Association of Independence Checking Account Rates

First Federal Savings and Loan Association of Independence Savings Account Rates

First Federal Savings and Loan Association of Independence Money Market Rates

First Federal Savings and Loan Association of Independence CD Rates

First Federal Savings and Loan Association of Independence IRA Rates

Data for Q1 2012

Institution Statistics First Federal Savings and Loan Association of Independence OTS # 00391 FDIC Certificate # 27852 BankRate Report View Year Established 1905 Employees 47 Primary Regulator OCC Assets and Liabilities Assets $168.86 million Loans $102.84 million Deposits $117.93 million Equity Capital $15.21 million Loan Loss Allowance $2.80 million Unbacked Noncurrent Loans $6.54 million Real Estate Owned $4.99 million Historic Data - March 2011 Assets $179.36 million Equity Capital $15.48 million Loan Loss Allowance $2.37 million Unbacked Noncurrent Loans $7.24 million Real Estate Owned $6.67 million Profit Margin - Quarterly Net Interest Margin 3.26% Return on Assets 0.32% Return on Equity 3.62% Interest Income $1.87 million

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 of Independence had $11.54 million in non-current loans and owned real-estate with $18 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings and Loan Association of Independence a Texas Ratio of 64.08% which is below 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 of Independence decreased slightly from 77.29% as of March 31, 2011 to 64.08% as of March 31, 2012, resulting in a positive change of 17.09%.This indicates that the balance sheet and financial strength for First Federal Savings and Loan Association of Independence has improved slightly in recent periods. Deposit Growth In the past year, First Federal Savings and Loan Association of Independence has decreased its total deposits by -$10.42 million, resulting in -8.12% 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 Independence 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 Independence has $168.86 million in assets with $18 million in equity, resulting in a capitalization level of 10.66%, which is above average.

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