First Federal Bank Texas

Headquarters

1200 South Beckham Avenue
Tyler, TX 75701
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Federal Bank Texas is an FDIC insured institution located in Tyler, TX. It was founded in 1923 and has approximately $0.17 billion in assets.

FDIC Insured Yes
FDIC Certificate # 30048
Date Established 1923
Assets $ 165.96 million
Loans $ 127.58 million
Deposits $ 112.29 million
Capital $ 15.34 million
 

For a more detailed analysis of First Federal Bank Texas's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 25, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Federal Bank Texas

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

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Payment
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AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
4.114% 3.990% 1.00 $3,750 $1,193 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
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4.000 %
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Third Federal Savings and Loans
Third Federal Savings and Loans
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2.990 %
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Note to First Federal Bank Texas
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Branches

First Federal Bank Texas branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


First Federal Bank Texas Locations


Financial Details

First Federal Bank Texas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Bank Texas. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
First Federal Bank Texas U.S. Bank Average
37.7% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, First Federal Bank Texas had $2,423,000 in non-current loans and $4,010,000 in owned real estate. To cover these potential losses it had $15,337,000 in equity and $1,727,000 in loans loss reserves. That gives it a Texas Ratio of 37.7%.

Return on Equity
First Federal Bank Texas U.S. Bank Average
-24.36% 7.80%

First Federal Bank Texas has a Return on Equity of -24.36% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
First Federal Bank Texas U.S. Bank Average
9.24% 12.68%

First Federal Bank Texas has a Capitalization of 9.24% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

First Federal Bank Texas Balance Sheet Analysis

As of December 31, 2012, First Federal Bank Texas had assets of $165,955,000, loans of $127,580,000, and deposits of $112,293,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 127.58 million
Loan loss allowance $ 1.73 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 4.01 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 112.29 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 165.96 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Federal Bank Texas’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in Texas, First Federal Bank Texas has a significantly higher percent of 1-4 Family Residential Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 73.13
Multifamily
Mortgages
1.59
Credit Card Loans 0.00
Consumer Auto Loans 0.55
Small Business Loans 9.85
Construction and Development Loans 2.94
Commercial Real Estate 16.91
Commercial and Industrial Loans 1.99
Farm Loans 0.00

Frequently Asked Questions About First Federal Bank Texas

Branches and Savings

Is First Federal Bank Texas FDIC insured?

Yes. It is covered under FDIC Certificate #30048.

Why does First Federal Bank Texas pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are First Federal Bank Texas CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is First Federal Bank Texas a commercial bank?

Yes

Where are First Federal Bank Texas locations?

See branch locations nearby.

Is First Federal Bank Texas open on Saturdays?

Is First Federal Bank Texas open on Sundays?

What time does First Federal Bank Texas open?

What time does First Federal Bank Texas close?

Are First Federal Bank Texas ATMs Open 24/7?

Do First Federal Bank Texas ATMs accept cash deposits?

Can First Federal Bank Texas customers use other ATMs?

Do First Federal Bank Texas branches have notaries?

Will First Federal Bank Texas notarize my document?

What address for First Federal Bank Texas should I put for incoming ACH transfers?

Will the First Federal Bank Texas branch print checks?

Do First Federal Bank Texas checks expire?

Does First Federal Bank Texas require US citizenship to open account?

Can First Federal Bank Texas close my account?

Does First Federal Bank Texas Report to credit bureaus?

Does First Federal Bank Texas Use Equifax?

What is First Federal Bank Texas's ACH Routing Number?

What is First Federal Bank Texas's SWIFT code?

Products

Does First Federal Bank Texas offer mortgages?

Compare mortgage rates here.

Does First Federal Bank Texas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Bank Texas offer personal loans?

Compare personal loan rates here.

Does First Federal Bank Texas offer student loans?

Will First Federal Bank Texas cash a check?

Will First Federal Bank Texas redeem a savings bond?

Does First Federal Bank Texas cash savings bonds?

Will First Federal Bank Texas cash money orders?

Can First Federal Bank Texas issue a money order?

Does First Federal Bank Texas do currency exchange?

Background on The Bank

Who owns First Federal Bank Texas?

How long has First Federal Bank Texas been around?

Can First Federal Bank Texas transfer to other banks?

Does First Federal Bank Texas have quick pay?

Does First Federal Bank Texas accept rolled coins?

Will First Federal Bank Texas accept loose change?

Where is First Federal Bank Texas headquarters?

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