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46 West Brundage Street
Sheridan, WY 82801

First Federal Savings Bank (WY) is headquartered in Sheridan and is the 11st largest bank in the state of Wyoming. It is also the 2,805th largest bank in the nation. It was established in 1935 and as of March of 2014, it had grown to 52 employees at 2 locations. First Federal Savings Bank (WY) has a A health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Federal Savings Bank (WY) had $2.95 million in non-current loans and owned real-estate with $40.72 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings Bank (WY) a Texas Ratio of 7.24% which is excellent. 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 (WY) decreased dramatically from 11.27% as of March 31, 2013 to 7.24% as of March 31, 2014, resulting in a positive change of 35.74%.This indicates that the balance sheet and financial strength for First Federal Savings Bank (WY) has improved dramatically in recent periods.

Deposit Growth


In the past year, First Federal Savings Bank (WY) has decreased its total deposits by $-931,000, resulting in -0.52% 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 (WY) has shown is average.



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 (WY) has $222.86 million in assets with $40.72 million in equity, resulting in a capitalization level of 18.27%, which is excellent.

Institution Statistics

FDIC Certificate #29537
Year Established1935
Primary RegulatorOCC
Assets and Liabilities
Assets$222.86 million
Loans$104.01 million
Deposits$176.96 million
Equity Capital$38.60 million
Loan Loss Allowance$2.12 million
Unbacked Noncurrent Loans$2.52 million
Real Estate Owned$428,000
Historic Data - March 2013
Assets$222.58 million
Equity Capital$38.64 million
Loan Loss Allowance$1.99 million
Unbacked Noncurrent Loans$2.52 million
Real Estate Owned$359,000
Profit Margin - Quarterly
Net Interest Margin2.98%
Return on Assets0.18%
Return on Equity1.02%
Interest Income$1.66 million

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First Federal Savings Bank (WY) Locations
First Federal Savings Bank46 West Brundage StreetSheridan, WY 82801
Illinois Branch671 Illinois St.Sheridan, WY 82801