First Federal Bank of the Midwest


Overview / Commentary
419-782-5130
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 300th largest bank in the nation. It was established in 1920 and as of December of 2019, it had grown to 582 employees at 44 locations. First Federal Bank of the Midwest has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #29845
Year Established1920
Employees582
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD1.47%
Return on Equity - YTD11.76%
Annual Interest Income$141.6MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$3.44B$3.15B
LoansQ4 2019vs Q4 2018$2.76B$2.52B
DepositsQ4 2019vs Q4 2018$2.90B$2.64B
Equity CapitalQ4 2019vs Q4 2018$419.5MM$398.9MM
Loan Loss AllowanceQ4 2019vs Q4 2018$31.2MM$28.3MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$11.4MM$15.3MM
Real Estate OwnedQ4 2019vs Q4 2018$100.00K$1.2MM
Rates

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Locations

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