First Federal Savings of Middletown

First Federal Savings of Middletown is headquartered in Middletown and is the 132^nd largest bank in the state of New York. It is also the 3,641^st largest bank in the nation. It was established in 1888 and as of March of 2012, it had grown to 10 employees at 1 location. First Federal Savings of Middletown has a 4-star health rating.

First Federal Savings of Middletown Routing Number: 221972098

Data for Q1 2012

Institution Statistics First Federal Savings of Middletown OTS # 02201 FDIC Certificate # 28712 BankRate Report View Year Established 1888 Employees 10 Primary Regulator OCC Assets and Liabilities Assets $163.28 million Loans $20.31 million Deposits $98.14 million Equity Capital $56.13 million Loan Loss Allowance $61,000 Unbacked Noncurrent Loans $49,000 Historic Data - March 2011 Assets $184.36 million Equity Capital $54.83 million Loan Loss Allowance $68,000 Profit Margin - Quarterly Net Interest Margin 1.84% Return on Assets 0.98% Return on Equity 2.85% Interest Income $938,000

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 of Middletown had $49,000 in non-current loans and owned real-estate with $56.19 million in equity and loan loss allowances on hand to cover it. This gives First Federal Savings of Middletown a Texas Ratio of 0.09% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Deposit Growth In the past year, First Federal Savings of Middletown has decreased its total deposits by -$22.32 million, resulting in -18.53% 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 of Middletown 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 of Middletown has $163.28 million in assets with $56.19 million in equity, resulting in a capitalization level of 34.42%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.