First Federal Savings Bank of Twin Falls

Headquarters

383 Shoshone Street North
Twin Falls, ID 83303
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.70% →
1-Year CD 0.60% 0.75% →
2-Year CD N.A. 0.81% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage 3.60% 2.61% →
15-Year Mortgage 3.18% 2.31% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Federal Savings Bank of Twin Falls is an FDIC insured institution located in Twin Falls, ID. It was founded in 1916 and has approximately $0.9 billion in assets. Customers can open an account at one of its 11 branches.

FDIC Insured Yes
FDIC Certificate # 28845
Date Established 1916
Assets $ 899.29 million
Loans $ 651.74 million
Deposits $ 793.38 million
Capital $ 92.35 million
 

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

Deposit Rates - January 15, 2021

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.40% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.55% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
30 Mo CD
0.60% $10,000 $14,999 Learn More
30 Mo CD
0.70% $100,000 $199,999 Learn More
48 Mo CD
0.80% $10,000 $14,999 Learn More
48 Mo CD
0.90% $100,000 $199,999 Learn More
60 Mo CD
0.90% $10,000 $14,999 Learn More
60 Mo CD
1.00% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - January 15, 2021

Your Current Location: Virginia, VA 20146

Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

First Federal Savings Bank of Twin Falls 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:
Ashburn,Virginia


First Federal Savings Bank of Twin Falls Locations


Financial Details

First Federal Savings Bank of Twin Falls Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Federal Savings Bank of Twin Falls. 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 Savings Bank of Twin Falls U.S. Bank Average
0.19% 6.14%

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 September 30, 2020, First Federal Savings Bank of Twin Falls had $185,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $92,348,000 in equity and $5,801,000 in loans loss reserves. That gives it a Texas Ratio of 0.19%.

Return on Equity
First Federal Savings Bank of Twin Falls U.S. Bank Average
10.09% 9.23%

First Federal Savings Bank of Twin Falls has a Return on Equity of 10.09% versus the BestCashCow average of 9.23%. 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 Savings Bank of Twin Falls U.S. Bank Average
10.27% 12.07%

First Federal Savings Bank of Twin Falls has a Capitalization of 10.27% versus the BestCashCow average of 12.07. 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 Savings Bank of Twin Falls Balance Sheet Analysis

As of September 30, 2020, First Federal Savings Bank of Twin Falls had assets of $899,285,000, loans of $651,736,000, and deposits of $793,384,000. 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

September 30, 2020
ASSETS
Cash & Balances due from depository institutions $ 171.82 million
Interest-bearing balances $ 155.16 million
Total securities $ 33.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 651.74 million
Loan loss allowance $ 5.80 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 3.64 million
All other assets $ 15.81 million
     Total Assets $ 806.94 million
LIABILITIES
Total deposits $ 793.38 million
      Interest-bearing deposits $ 522.02 million
      Deposits held in domestic offices $ 793.38 million
      % insured (estimated) 80.56%
Federal funds purchased and repurchase agreements $ 5.58 million
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 7.97 million
      Total Liabilities $ 806.94 million
      Shareholders’ Equity $ 92.35 million

Summary Income Statement

September 30, 2020
INCOME AND EXPENSES
Total Interest Income $ 27.78 million
Total Interest Expense $ 1.59 million
Net interest income $ 26.20 million
Provision for loan and lease losses $ 0.67 million
Total non interest income $ 9.52 million
Total non interest expense $ 26.06 million
Pre-tax Net Operating Income $ 8.99 million

Bank Loan Profile?

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

Compared to other banks in Idaho, First Federal Savings Bank of Twin Falls has a significantly higher percent of 1-4 Family Residential Loans, Credit Card Loans, Consumer Auto Loans, Construction and Development 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 42.62
Multifamily
Mortgages
0.82
Credit Card Loans 0.86
Consumer Auto Loans 3.67
Small Business Loans 0.00
Construction and Development Loans 14.36
Commercial Real Estate 21.30
Commercial and Industrial Loans 16.61
Farm Loans 0.00

Frequently Asked Questions About First Federal Savings Bank Of Twin Falls

Branches and Savings

Is First Federal Savings Bank Of Twin Falls FDIC insured?

Yes. It is covered under FDIC Certificate #28845.

Why does First Federal Savings Bank Of Twin Falls 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 Savings Bank Of Twin Falls CD rates not competitive?

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

Is First Federal Savings Bank Of Twin Falls a commercial bank?

Yes

Where are First Federal Savings Bank Of Twin Falls locations?

See branch locations nearby.

Is First Federal Savings Bank Of Twin Falls open on Saturdays?

Is First Federal Savings Bank Of Twin Falls open on Sundays?

What time does First Federal Savings Bank Of Twin Falls open?

What time does First Federal Savings Bank Of Twin Falls close?

Are First Federal Savings Bank Of Twin Falls ATMs Open 24/7?

Do First Federal Savings Bank Of Twin Falls ATMs accept cash deposits?

Can First Federal Savings Bank Of Twin Falls customers use other ATMs?

Do First Federal Savings Bank Of Twin Falls branches have notaries?

Will First Federal Savings Bank Of Twin Falls notarize my document?

What address for First Federal Savings Bank Of Twin Falls should I put for incoming ACH transfers?

Will the First Federal Savings Bank Of Twin Falls branch print checks?

Do First Federal Savings Bank Of Twin Falls checks expire?

Does First Federal Savings Bank Of Twin Falls require US citizenship to open account?

Can First Federal Savings Bank Of Twin Falls close my account?

Does First Federal Savings Bank Of Twin Falls Report to credit bureaus?

Does First Federal Savings Bank Of Twin Falls Use Equifax?

What is First Federal Savings Bank Of Twin Falls's ACH Routing Number?

What is First Federal Savings Bank Of Twin Falls's SWIFT code?

Products

Does First Federal Savings Bank Of Twin Falls offer mortgages?

Compare mortgage rates here.

Does First Federal Savings Bank Of Twin Falls offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Federal Savings Bank Of Twin Falls offer personal loans?

Compare personal loan rates here.

Does First Federal Savings Bank Of Twin Falls offer student loans?

Will First Federal Savings Bank Of Twin Falls cash a check?

Will First Federal Savings Bank Of Twin Falls redeem a savings bond?

Does First Federal Savings Bank Of Twin Falls cash savings bonds?

Will First Federal Savings Bank Of Twin Falls cash money orders?

Can First Federal Savings Bank Of Twin Falls issue a money order?

Does First Federal Savings Bank Of Twin Falls do currency exchange?

Background on The Bank

Who owns First Federal Savings Bank Of Twin Falls?

How long has First Federal Savings Bank Of Twin Falls been around?

Can First Federal Savings Bank Of Twin Falls transfer to other banks?

Does First Federal Savings Bank Of Twin Falls have quick pay?

Does First Federal Savings Bank Of Twin Falls accept rolled coins?

Will First Federal Savings Bank Of Twin Falls accept loose change?

Where is First Federal Savings Bank Of Twin Falls headquarters?

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