First Federal Savings Bank of Iowa

First Federal Savings Bank of Iowa is headquartered in Fort Dodge and is the 31^st largest bank in the state of Iowa. It is also the 1,536^th largest bank in the nation. It was established in 1954 and as of March of 2012, it had grown to 140 employees at 11 locations. First Federal Savings Bank of Iowa has a 4-star health rating.

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Data for Q1 2012

Institution Statistics First Federal Savings Bank of Iowa OTS # 05843 FDIC Certificate # 30742 BankRate Report View Year Established 1954 Employees 140 Primary Regulator FED Assets and Liabilities Assets $434.88 million Loans $314.27 million Deposits $365.56 million Equity Capital $40.50 million Loan Loss Allowance $5.98 million Unbacked Noncurrent Loans $4.89 million Real Estate Owned $987,000 Historic Data - March 2011 Assets $459.88 million Equity Capital $47.69 million Loan Loss Allowance $4.22 million Unbacked Noncurrent Loans $9.38 million Real Estate Owned $5.54 million Profit Margin - Quarterly Net Interest Margin 3.79% Return on Assets 0.13% Return on Equity 1.42% Interest Income $4.85 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 Savings Bank of Iowa had $5.88 million in non-current loans and owned real-estate with $46.49 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings Bank of Iowa a Texas Ratio of 12.64% 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 Savings Bank of Iowa decreased significantly from 28.74% as of March 31, 2011 to 12.64% as of March 31, 2012, resulting in a positive change of 56.02%.This indicates that the balance sheet and financial strength for First Federal Savings Bank of Iowa has improved significantly in recent periods. Deposit Growth In the past year, First Federal Savings Bank of Iowa has decreased its total deposits by -$3.34 million, resulting in -0.9% 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 Bank of Iowa has shown is 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 Bank of Iowa has $434.88 million in assets with $46.49 million in equity, resulting in a capitalization level of 10.69%, which is above average.

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