First Federal Bank
First Federal Bank reported total assets of $4.5 bn at Q2 2026, up 6.9% on a year earlier, the 305th largest of 497 banks in our US coverage. The CET1 capital ratio at First Federal Bank was 20.56%, and the uninsured share of First Federal Bank was 40.67%. Source: FDIC Call Reports.
Key takeaways
- First Federal Bank reports one of the lowest loan-to-deposit ratio readings among banks of $1 bn to $10 bn: 41.35% at , where the median of the 339 banks is 88.61% (FDIC Call Reports).
- At 2.96%, the noncurrent loans to total loans of First Federal Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.58% (FDIC Call Reports).
- Few banks of $1 bn to $10 bn report a higher common equity tier 1 (CET1) ratio than First Federal Bank, at 20.56% in against a group median of 13.22% (FDIC Call Reports).
What sets First Federal Bank apart
- On noncurrent loans to total loans, First Federal Bank climbed from 507th to 480th among 500 US banks between and (1 = lowest).
- Since , First Federal Bank has taken over one institution; the latest was CBC NATIONAL BANK on .
How large is First Federal Bank?
The balance sheet of First Federal Bank at : assets $4.5 bn, deposits $3.4 bn, net loans $1.4 bn (loans equal to 41.35% of deposits). Securities make up 56.3% of total assets at First Federal Bank. Since , when First Federal Bank held $1.2 bn, its assets grew 278.5%. In the year to , deposits at First Federal Bank rose 7.1% while its total assets rose 6.9%. At , First Federal Bank employed 602 full-time equivalent staff across 30 offices, about $7.5 mn of assets per employee and $114.6 mn of deposits per office.
How much funding at First Federal Bank is uninsured?
At First Federal Bank, uninsured deposits (above the FDIC limit) made up 40.67% of domestic deposits at (+1.54 pp on a year earlier); First Federal Bank ranks 177th of 500 on this measure. In dollars, First Federal Bank estimated $1.4 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.4 bn | +7.1% | 325th of 499 |
| Net loans and leases | $1.4 bn | +4.5% | 487th of 500 |
| Loan-to-deposit ratio | 41.35% | -1.03 pp | 480th of 500 |
| Tier 1 leverage ratio | 10.83% | +0.06 pp | 189th of 500 |
| Total risk-based capital ratio | 21.06% | +0.27 pp | 34th of 448 |
| Net interest margin | 3.32% | +0.10 pp | 342nd of 500 |
| Return on assets (ROA) | 1.19% | +0.17 pp | 314th of 500 |
| Efficiency ratio | 66.69% | -1.70 pp | 408th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Gain of $5,000 | Was unchanged | |
| Unrealized gain/loss on available-for-sale securities | Loss of $67.6 mn | Narrowed by $57.5 mn | |
| Noncurrent loans to total loans | 2.96% | +0.03 pp | 480th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.11% | +0.04 pp | 276th of 500 (1 = lowest) |
US rank of First Federal Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
First Federal Bank: assets, deposits and loans
- Total assets $4.5bn
- Deposits $3.4bn
- Net loans $1.4bn
Capital and securities
The CET1 ratio of First Federal Bank stood at 20.56% in , +0.18 pp year on year. Low and high at First Federal Bank since : 13.87% () to 21.95% (). Equity capital of First Federal Bank at : $465.8 mn, or 10.4% of total assets. First Federal Bank also reported a total capital ratio of 21.06% for , and a tier 1 leverage ratio of 10.83%.
On held-to-maturity securities, First Federal Bank carried an unrealized gain of $5,000 at , equal to 0.0% of equity capital. The gain was unchanged over the year. The available-for-sale portfolio of First Federal Bank showed an unrealized loss of $67.6 mn at ; the loss narrowed by $57.5 mn over the year.
First Federal Bank: capital ratios
- Total capital 21%
- CET1 21%
- Tier 1 leverage 11%
First Federal Bank: unrealized securities gains and losses
- Available for sale -$68mn
- Held to maturity $5,000
Profitability and loan quality
For the year to , First Federal Bank earned a return on equity of 11.61%; return on assets: 1.19%. Net interest margin at First Federal Bank: 3.32%, +0.10 pp in a year. First Federal Bank net income: $26.2 mn, up 28.0% year on year. The efficiency ratio of First Federal Bank was 66.69%: about 67 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 2.96% of total loans at First Federal Bank; net charge-offs: 0.11% of average loans. Gross loans and leases at First Federal Bank: $1.4 bn, up 4.6% in a year.
First Federal Bank: profitability
- Return on equity 12%
- Net interest margin 3.3%
- Return on assets 1.2%
Peer group of First Federal Bank
The peer group of First Federal Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 0 share the charter type of First Federal Bank (federal savings bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Florida. Against them, First Federal Bank shows CET1 ratio 20.56% against a peer median of 14.52%, return on equity 11.61% against a peer median of 11.51% and uninsured deposit share 40.67% against a peer median of 31.55%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Hingham Institution for Savings | State-chartered stock savings bank | MA | $4.6 bn | 14.69% | 11.55% | 35.83% | |
| First State Community Bank | State nonmember bank | MO | $4.5 bn | 14.35% | 14.93% | 22.97% | |
| Texas Exchange Bank | State nonmember bank | TX | $4.5 bn | 30.06% | 4.95% | 1.30% | |
| First Federal Bank | Federal savings bank | FL | $4.5 bn | 20.56% | 11.61% | 40.67% | |
| Metro City Bank | State nonmember bank | GA | $4.5 bn | 17.14% | 17.77% | 32.79% | |
| Arrow Bank | National bank | NY | $4.5 bn | 12.71% | 11.47% | 30.32% | |
| ChoiceOne Bank | State member bank | MI | $4.5 bn | 11.81% | 10.68% | 33.04% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Federal Bank, to : assets +13.7%, deposits +6.2%, equity +27.0%. Staff 599 to 602; offices 28 to 30.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.9 bn | $3.8 bn | $4.0 bn | $4.2 bn | $4.1 bn | $4.3 bn | $4.4 bn | $4.5 bn |
| Total deposits | $3.2 bn | $3.3 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.5 bn | $3.4 bn |
| Bank equity capital | $366.9 mn | $368.8 mn | $384.3 mn | $397.1 mn | $428.3 mn | $445.5 mn | $443.6 mn | $465.8 mn |
| CET1 ratio | 20.13% | 20.16% | 21.27% | 20.38% | 21.95% | 20.66% | 21.03% | 20.56% |
| Return on equity (ROE) | 11.74% | 11.25% | 11.12% | 10.68% | 10.89% | 5.86% | 11.93% | 11.61% |
| Uninsured share of domestic deposits | 37.66% | 39.78% | 41.33% | 39.14% | 39.30% | 44.26% | 40.50% | 40.67% |
| Full-time equivalent employees | 599 | 591 | 574 | 574 | 559 | 554 | 633 | 602 |
| Number of offices | 28 | 28 | 29 | 29 | 29 | 30 | 30 | 30 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Federal Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed CBC NATIONAL BANK (FDIC certificate 35309).
Large one-quarter moves at First Federal Bank
- Total assets at First Federal Bank changed by +35.0% in the quarter to 2018-06-30: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from CBC NATIONAL BANK.
Questions and identifiers
What were the total assets of First Federal Bank?
First Federal Bank reported $4.5 bn at in its Call Report. That makes First Federal Bank the 305th largest of 497 banks in our US coverage.
Is First Federal Bank the same as its holding company?
No. This page covers First Federal Bank, FDIC certificate 31313; FIRST FEDERAL BCORP MHC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Federal Bank profitable?
First Federal Bank reported net income of $26.2 mn for the year to ; annualized return on equity: 11.61%. So yes: First Federal Bank made a profit over these months.
When is data for First Federal Bank next updated?
Figures from First Federal Bank for are due after .
Where can I check the figures for First Federal Bank?
In the FDIC BankFind Suite record for certificate 31313, and in the Call Reports of First Federal Bank (RSSD ID 384278) at the FFIEC Central Data Repository.