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First Federal Bank of the Midwest

Overview / Commentary
1-877-FOR- U1ST (367-8178)
601 Clinton Street
Defiance, OH 43512

First Federal Bank of the Midwest is headquartered in Defiance and is the 10th largest bank in the state of Ohio. It is also the 308th largest bank in the nation. It was established in 1920 and as of March of 2019, it had grown to 585 employees at 43 locations. First Federal Bank of the Midwest has an A+ health rating.

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Health Grade Components

FDIC Certificate #29845
Year Established1920
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.36%
Return on Equity - YTD10.72%
Annual Interest Income$34.0MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$3.19B$3.00B
LoansQ1 2019vs Q1 2018$2.53B$2.34B
DepositsQ1 2019vs Q1 2018$2.69B$2.50B
Equity CapitalQ1 2019vs Q1 2018$405.9MM$385.5MM
Loan Loss AllowanceQ1 2019vs Q1 2018$28.2MM$27.3MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$13.9MM$23.0MM
Real Estate OwnedQ1 2019vs Q1 2018$941.00K$1.4MM

Rates for First Federal Bank of the Midwest are currently being reviewed.



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