Overview / Commentary
First Federal Bank (FL) is headquartered in LAKE CITY and is the 14th largest bank in the state of Florida. It is also the 336th largest bank in the nation. It was established in 1961 and as of March of 2025, it had grown to 574 employees at 29 locations. First Federal Bank (FL) has a B+ health rating.
Reviews (1)
Closing Loan
Closed on a loan about three weeks ago and have yet to have anyone contact me with any type of information. Have no idea where to send the payment. When I call I'm simply told you should receive a packet next week. Next week it will have been a month. On the loan payment are changing in the escrow account and have no idea or can find anyone that can tell me who to contact. Would not recommend for loans.
Health
B+
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 31313 |
| Year Established | 1961 |
| Employees | 574 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 11.12% |
| Annual Interest Income | $44.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $3.97B$3.95B |
| Loans | Q1 2025vs Q1 2024 | $1.24B$1.27B |
| Deposits | Q1 2025vs Q1 2024 | $3.15B$3.4B |
| Equity Capital | Q1 2025vs Q1 2024 | $384.3MM$323.8MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $9MM$8.7MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $6.9MM$8.4MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
