First Financial Bank

First Financial Bank Locations
205 Main Avenue West
Twin Valley, MN 56584
www.ffbtwinvalley.com

First Financial Bank is headquartered in Twin Valley and is the 381st largest bank in the state of Minnesota. It is also the 7,230th largest bank in the nation. It was established in 1944 and as of March of 2012, it had grown to 5 employees at 1 location. First Financial Bank has a 3-star health rating.

First Financial Bank Routing Number: 091205063

Related Posts

2.50% 25-Month CD Continues at First Financial Bank in OH, IN & Other States - Local Only - 1/15/2010

First Financial Bank continues to offer a special 25-month CD with a 2.50% APY. Minimum deposit is $10,000, and new money is required. This special is not listed at the bank's website. I just called the bank to confirm the rate. According to the CSR...

2.50% 25-Month CD at First Financial Bank in OH, IN & Other States - Local Only - 12/13/2009

First Financial Bank has a few competitive CD specials. The best ones include a 2.50% APY 25-month CD and a 3.00% APY 42-month Flex CD. The 25-month special requires a $10,000 minimum deposit. The Flex CD has a $500 minimum deposit. It has the option...

3.00% 42-Month CD at First Financial Bank in IN & IL - Local Only - 12/11/2009

First Financial Bank, N.A. has a a competitive special CD with a 3.00% APY for a 42-month term. There's also a 13-month special, but it's much less competitive with a 1.35% APY. Minimum deposit is $2,500. These rates are listed in the bank's CD rates...


Data for Q1 2012


Institution Statistics


First Financial Bank
FDIC Certificate #16115
BankRate ReportView
Year Established1944
Employees5
Primary RegulatorFDIC

Assets and Liabilities

Assets$15.53 million
Loans$4.38 million
Deposits$13.44 million
Equity Capital$2.08 million
Loan Loss Allowance$113,000
Unbacked Noncurrent Loans$146,000
Real Estate Owned$69,000

Historic Data - March 2011

Assets$16.45 million
Equity Capital$1.72 million
Loan Loss Allowance$130,000
Unbacked Noncurrent Loans$16,000

Profit Margin - Quarterly

Net Interest Margin3.05%
Return on Assets0.23%
Return on Equity1.75%
Interest Income$123,000

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio4
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 Financial Bank had $215,000 in non-current loans and owned real-estate with $2.19 million in equity and loan loss allowances on hand to cover it. This gives First Financial Bank a Texas Ratio of 9.82% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for First Financial Bank increased slightly from 0.86% as of March 31, 2011 to 9.82% as of March 31, 2012, resulting in a negative change of 1,036.36%. This indicates that the balance sheet and financial strength for First Financial Bank has declined slightly in recent periods.
Deposit Growth1
In the past year, First Financial Bank has decreased its total deposits by -$1.26 million, resulting in -8.6% 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 Financial Bank has shown is poor.
Capitalization5
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 Financial Bank has $15.53 million in assets with $2.19 million in equity, resulting in a capitalization level of 14.10%, which is excellent.
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