Third Federal Savings and Loan Association of Cleveland
Third Federal Savings and Loan Association of Cleveland reported total assets of $18.1 bn at Q2 2026, up 4.0% on a year earlier. The CET1 capital ratio at Third Federal Savings and Loan Association of Cleveland was 15.73%, and the uninsured share of Third Federal Savings and Loan Association of Cleveland was 3.91%. Source: FDIC Call Reports.
Key takeaways
- Third Federal Savings and Loan Association of Cleveland has one of the highest loan-to-deposit ratio readings among banks of $10 bn to $100 bn: 159.03% at , against a median of 85.69% across 126 banks (FDIC Call Reports).
- The net interest margin of Third Federal Savings and Loan Association of Cleveland, 1.85% at , places Third Federal Savings and Loan Association of Cleveland in the bottom tenth of banks of $10 bn to $100 bn (group median 3.62%; FDIC Call Reports).
- Among the 126 banks of $10 bn to $100 bn, few report a lower net charge-offs to average loans than Third Federal Savings and Loan Association of Cleveland, at -0.02% in ; the group median is 0.14% (FDIC Call Reports).
What sets Third Federal Savings and Loan Association of Cleveland apart
- Third Federal Savings and Loan Association of Cleveland reports one of the lowest uninsured share of domestic deposits readings among banks of $10 bn to $100 bn: 3.91% at , where the median of the 126 banks is 38.56%.
- On uninsured share of domestic deposits, Third Federal Savings and Loan Association of Cleveland climbed from 517th to 486th among 500 US banks between and (1 = highest).
- The return on assets (ROA) of Third Federal Savings and Loan Association of Cleveland, 0.60% at , places Third Federal Savings and Loan Association of Cleveland in the bottom tenth of banks of $10 bn to $100 bn (group median 1.25%).
How large is Third Federal Savings and Loan Association of Cleveland?
The balance sheet of Third Federal Savings and Loan Association of Cleveland at : assets $18.1 bn, deposits $10.2 bn, net loans $16.2 bn (loans equal to 159.03% of deposits). Securities make up 2.6% of total assets at Third Federal Savings and Loan Association of Cleveland. Since , when Third Federal Savings and Loan Association of Cleveland held $12.4 bn, its assets grew 45.3%. In the year to , deposits at Third Federal Savings and Loan Association of Cleveland fell 2.9% while its total assets rose 4.0%. At , Third Federal Savings and Loan Association of Cleveland employed 992 full-time equivalent staff across 35 offices, about $18.2 mn of assets per employee and $291.0 mn of deposits per office.
How much funding at Third Federal Savings and Loan Association of Cleveland is uninsured?
At Third Federal Savings and Loan Association of Cleveland, uninsured deposits (above the FDIC limit) made up 3.91% of domestic deposits at (+0.28 pp on a year earlier); Third Federal Savings and Loan Association of Cleveland ranks 486th of 500 on this measure. In dollars, Third Federal Savings and Loan Association of Cleveland estimated $398.5 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $10.2 bn | -2.9% | 141st of 499 |
| Net loans and leases | $16.2 bn | +3.6% | 88th of 500 |
| Loan-to-deposit ratio | 159.03% | +10.10 pp | 4th of 500 |
| Tier 1 leverage ratio | 9.99% | -0.12 pp | 299th of 500 |
| Total risk-based capital ratio | 16.65% | -0.73 pp | 98th of 448 |
| Net interest margin | 1.85% | +0.10 pp | 483rd of 500 |
| Return on assets (ROA) | 0.60% | +0.12 pp | 464th of 500 |
| Efficiency ratio | 60.53% | -3.07 pp | 339th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $23.2 mn | Narrowed by $500,000 | |
| Noncurrent loans to total loans | 0.25% | +0.01 pp | 82nd of 500 (1 = lowest) |
| Net charge-offs to average loans | -0.02% | +0.00 pp | 16th of 500 (1 = lowest) |
US rank of Third Federal Savings and Loan Association of Cleveland: 1 = highest unless marked 1 = lowest.
Balance sheet
Third Federal Savings and Loan Association of Cleveland: assets, deposits and loans
- Total assets $18.1bn
- Deposits $10.2bn
- Net loans $16.2bn
Capital and securities
The CET1 ratio of Third Federal Savings and Loan Association of Cleveland stood at 15.73% in , -0.78 pp year on year. Low and high at Third Federal Savings and Loan Association of Cleveland since : 15.73% () to 21.36% (). Equity capital of Third Federal Savings and Loan Association of Cleveland at : $1.8 bn, or 9.9% of total assets. Third Federal Savings and Loan Association of Cleveland also reported a total capital ratio of 16.65% for , and a tier 1 leverage ratio of 9.99%.
The available-for-sale portfolio of Third Federal Savings and Loan Association of Cleveland showed an unrealized loss of $23.2 mn at ; the loss narrowed by $500,000 over the year.
Third Federal Savings and Loan Association of Cleveland: capital ratios
- Total capital 17%
- CET1 16%
- Tier 1 leverage 10.0%
Third Federal Savings and Loan Association of Cleveland: unrealized securities gains and losses
- Available for sale -$23mn
- Held to maturity $0
Profitability and loan quality
For the year to , Third Federal Savings and Loan Association of Cleveland earned a return on equity of 6.13%; return on assets: 0.60%. Net interest margin at Third Federal Savings and Loan Association of Cleveland: 1.85%, +0.10 pp in a year. Third Federal Savings and Loan Association of Cleveland net income: $53.4 mn, up 29.7% year on year. The efficiency ratio of Third Federal Savings and Loan Association of Cleveland was 60.53%: about 61 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.25% of total loans at Third Federal Savings and Loan Association of Cleveland; net charge-offs: -0.02% of average loans. Gross loans and leases at Third Federal Savings and Loan Association of Cleveland: $16.3 bn, up 3.6% in a year.
Third Federal Savings and Loan Association of Cleveland: profitability
- Return on equity 6.1%
- Net interest margin 1.9%
- Return on assets 0.6%
Peer group of Third Federal Savings and Loan Association of Cleveland
The peer group of Third Federal Savings and Loan Association of Cleveland 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 Third Federal Savings and Loan Association of Cleveland (federal savings bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Ohio. Against them, Third Federal Savings and Loan Association of Cleveland shows CET1 ratio 15.73% against a peer median of 12.36%, return on equity 6.13% against a peer median of 10.55% and uninsured deposit share 3.91% against a peer median of 37.08%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Bank of Hope | State nonmember bank | CA | $19.0 bn | 12.65% | 5.90% | 40.33% | |
| ServisFirst Bank | State nonmember bank | AL | $18.3 bn | 12.00% | 17.46% | 66.41% | |
| Busey Bank | State member bank | IL | $18.1 bn | 14.65% | 9.75% | 43.03% | |
| Third Federal Savings and Loan Association of Cleveland | Federal savings bank | OH | $18.1 bn | 15.73% | 6.13% | 3.91% | |
| Community Bank | National bank | NY | $17.4 bn | 11.72% | 12.54% | 31.51% | |
| Enterprise Bank & Trust | State member bank | MO | $17.4 bn | 12.07% | 9.48% | 33.83% | |
| Northwest Bank | State-chartered stock savings bank | PA | $17.2 bn | 12.79% | 11.35% | 27.43% | |
. FDIC Call Reports.
Last eight quarters
Two years at Third Federal Savings and Loan Association of Cleveland, to : assets +5.8%, deposits -1.3%, equity +5.7%. Staff 916 to 992; offices 37 to 35.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $17.1 bn | $17.0 bn | $17.1 bn | $17.4 bn | $17.4 bn | $17.5 bn | $17.5 bn | $18.1 bn |
| Total deposits | $10.3 bn | $10.4 bn | $10.5 bn | $10.5 bn | $10.6 bn | $10.5 bn | $10.3 bn | $10.2 bn |
| Bank equity capital | $1.7 bn | $1.7 bn | $1.7 bn | $1.7 bn | $1.7 bn | $1.7 bn | $1.7 bn | $1.8 bn |
| CET1 ratio | 17.17% | 16.74% | 16.72% | 16.51% | 16.53% | 15.82% | 15.89% | 15.73% |
| Return on equity (ROE) | 4.32% | 4.51% | 4.75% | 4.80% | 5.16% | 5.16% | 5.38% | 6.13% |
| Uninsured share of domestic deposits | 3.38% | 3.64% | 3.52% | 3.63% | 3.66% | 3.81% | 3.80% | 3.91% |
| Full-time equivalent employees | 916 | 928 | 938 | 953 | 955 | 966 | 973 | 992 |
| Number of offices | 37 | 37 | 37 | 37 | 37 | 36 | 36 | 35 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Third Federal Savings and Loan Association of Cleveland appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Third Federal Savings and Loan Association of Cleveland?
Third Federal Savings and Loan Association of Cleveland reported $18.1 bn at in its Call Report. That makes Third Federal Savings and Loan Association of Cleveland the 112th largest of 497 banks in our US coverage.
Is Third Federal Savings and Loan Association of Cleveland the same as its holding company?
No. This page covers Third Federal Savings and Loan Association of Cleveland, FDIC certificate 30012; THIRD FS&LA OF CLEVELAND MHC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Third Federal Savings and Loan Association of Cleveland profitable?
Third Federal Savings and Loan Association of Cleveland reported net income of $53.4 mn for the year to ; annualized return on equity: 6.13%. So yes: Third Federal Savings and Loan Association of Cleveland made a profit over these months.
When is data for Third Federal Savings and Loan Association of Cleveland next updated?
Figures from Third Federal Savings and Loan Association of Cleveland for are due after .
Where can I check the figures for Third Federal Savings and Loan Association of Cleveland?
In the FDIC BankFind Suite record for certificate 30012, and in the Call Reports of Third Federal Savings and Loan Association of Cleveland (RSSD ID 915878) at the FFIEC Central Data Repository.