First Federal Community Bank, SSB

Headquarters

630 Clarksville St
Paris, TX 75460
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.05% →
1-Year CD 0.60% 0.95% →
2-Year CD 0.75% 1.05% →
5-Year CD 1.20% 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 Community Bank, SSB is an FDIC insured institution located in Paris, TX. It was founded in 1922 and has approximately $0.45 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 27678
Date Established 1922
Assets $ 450.56 million
Loans $ 382.44 million
Deposits $ 370.08 million
Capital $ 52.60 million
 

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

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.20% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
30 Mo CD
0.85% $10,000 $14,999 Learn More
30 Mo CD
0.85% $100,000 $199,999 Learn More
36 Mo CD
1.10% $10,000 $14,999 Learn More
36 Mo CD
1.10% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.20% $10,000 $14,999 Learn More
60 Mo CD
1.20% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Federal Community Bank, SSB

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

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,118 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.872% 3.750% 1.00 $3,750 $1,158 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

Note to First Federal Community Bank, SSB
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First Federal Community Bank, SSB 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 Community Bank, SSB Locations


Financial Details

First Federal Community Bank, SSB Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Community Bank, SSB. 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 Community Bank, SSB U.S. Bank Average
6.37% 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 Community Bank, SSB had $3,496,000 in non-current loans and $74,000 in owned real estate. To cover these potential losses it had $52,600,000 in equity and $3,408,000 in loans loss reserves. That gives it a Texas Ratio of 6.37%.

Return on Equity
First Federal Community Bank, SSB U.S. Bank Average
5.49% 7.80%

First Federal Community Bank, SSB has a Return on Equity of 5.49% 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 Community Bank, SSB U.S. Bank Average
11.67% 12.68%

First Federal Community Bank, SSB has a Capitalization of 11.67% 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 Community Bank, SSB Balance Sheet Analysis

As of March 31, 2020, First Federal Community Bank, SSB had assets of $450,558,000, loans of $382,436,000, and deposits of $370,083,000. 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 $ 28.91 million
Interest-bearing balances $ 25.43 million
Total securities $ 14.96 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 382.44 million
Loan loss allowance $ 3.41 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.07 million
Goodwill and other intangibles N.A.
All other assets $ 16.31 million
     Total Assets $ 397.96 million
LIABILITIES
Total deposits $ 370.08 million
      Interest-bearing deposits $ 335.71 million
      Deposits held in domestic offices $ 370.08 million
      % insured (estimated) 87.60%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 26.27 million
Subordinated debt N.A.
All other liabilities $ 1.60 million
      Total Liabilities $ 397.96 million
      Shareholders’ Equity $ 52.60 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 5.00 million
Total Interest Expense $ 1.25 million
Net interest income $ 3.75 million
Provision for loan and lease losses $ 0.15 million
Total non interest income $ 0.61 million
Total non interest expense $ 3.31 million
Pre-tax Net Operating Income $ 0.90 million

Bank Loan Profile?

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

Compared to other banks in Texas, First Federal Community Bank, SSB has a significantly higher percent of 1-4 Family Residential 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 48.00
Multifamily
Mortgages
1.68
Credit Card Loans 0.00
Consumer Auto Loans 1.38
Small Business Loans 0.00
Construction and Development Loans 1.59
Commercial Real Estate 20.43
Commercial and Industrial Loans 11.77
Farm Loans 6.42

Frequently Asked Questions About First Federal Community Bank, Ssb

Branches and Savings

Is First Federal Community Bank, Ssb FDIC insured?

Yes. It is covered under FDIC Certificate #27678.

Why does First Federal Community Bank, Ssb 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 Community Bank, Ssb CD rates not competitive?

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

Is First Federal Community Bank, Ssb a commercial bank?

Yes

Where are First Federal Community Bank, Ssb locations?

See branch locations nearby.

Is First Federal Community Bank, Ssb open on Saturdays?

Is First Federal Community Bank, Ssb open on Sundays?

What time does First Federal Community Bank, Ssb open?

What time does First Federal Community Bank, Ssb close?

Are First Federal Community Bank, Ssb ATMs Open 24/7?

Do First Federal Community Bank, Ssb ATMs accept cash deposits?

Can First Federal Community Bank, Ssb customers use other ATMs?

Do First Federal Community Bank, Ssb branches have notaries?

Will First Federal Community Bank, Ssb notarize my document?

What address for First Federal Community Bank, Ssb should I put for incoming ACH transfers?

Will the First Federal Community Bank, Ssb branch print checks?

Do First Federal Community Bank, Ssb checks expire?

Does First Federal Community Bank, Ssb require US citizenship to open account?

Can First Federal Community Bank, Ssb close my account?

Does First Federal Community Bank, Ssb Report to credit bureaus?

Does First Federal Community Bank, Ssb Use Equifax?

What is First Federal Community Bank, Ssb's ACH Routing Number?

What is First Federal Community Bank, Ssb's SWIFT code?

Products

Does First Federal Community Bank, Ssb offer mortgages?

Compare mortgage rates here.

Does First Federal Community Bank, Ssb offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Community Bank, Ssb offer personal loans?

Compare personal loan rates here.

Does First Federal Community Bank, Ssb offer student loans?

Will First Federal Community Bank, Ssb cash a check?

Will First Federal Community Bank, Ssb redeem a savings bond?

Does First Federal Community Bank, Ssb cash savings bonds?

Will First Federal Community Bank, Ssb cash money orders?

Can First Federal Community Bank, Ssb issue a money order?

Does First Federal Community Bank, Ssb do currency exchange?

Background on The Bank

Who owns First Federal Community Bank, Ssb?

How long has First Federal Community Bank, Ssb been around?

Can First Federal Community Bank, Ssb transfer to other banks?

Does First Federal Community Bank, Ssb have quick pay?

Does First Federal Community Bank, Ssb accept rolled coins?

Will First Federal Community Bank, Ssb accept loose change?

Where is First Federal Community Bank, Ssb headquarters?

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