First Financial Bank in Winnebago

Headquarters

One Main Street South
Winnebago, MN 56098
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.40% 0.66% →
1-Year CD 0.55% 0.67% →
2-Year CD 0.75% 0.75% →
5-Year CD 1.00% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Financial Bank in Winnebago is an FDIC insured institution located in Winnebago, MN. It was founded in 1913 and has approximately $0.05 billion in assets.

FDIC Insured Yes
FDIC Certificate # 5278
Date Established 1913
Assets $ 49.34 million
Loans $ 31.63 million
Deposits $ 41.67 million
Capital $ 7.60 million
 

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

Deposit Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.40% $2,500 $4,999 Learn More
Money Market
0.30% $2,500 $2,999 Learn More
Money Market
0.30% $10,000 $14,999 Learn More
Money Market
0.40% $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
0.40% $100,000 $199,999 Learn More
12 Mo CD
0.55% $10,000 $14,999 Learn More
12 Mo CD
0.55% $100,000 $199,999 Learn More
Special: 18 Mo CD
0.90% $2,500 - Learn More
18 Mo CD
0.90% $10,000 $14,999 Learn More
18 Mo CD
0.90% $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
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.00% $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
0.20% $1 $99 Learn MoreShow Less
Int Ckg
0.30% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - April 10, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for First Financial Bank in Winnebago

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 2021

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.706% 2.625% 0.63 $2,668 $1,005 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.790% 2.750% 0.50 $1,290 $1,021 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.775% 2.750% 0.38 $808 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR
2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to First Financial Bank in Winnebago
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

First Financial Bank in Winnebago 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 Financial Bank in Winnebago Locations


Financial Details

First Financial Bank in Winnebago Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Financial Bank in Winnebago. 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 Financial Bank in Winnebago U.S. Bank Average
2.54% 5.49%

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 December 31, 2020, First Financial Bank in Winnebago had $104,000 in non-current loans and $98,000 in owned real estate. To cover these potential losses it had $7,602,000 in equity and $347,000 in loans loss reserves. That gives it a Texas Ratio of 2.54%.

Return on Equity
First Financial Bank in Winnebago U.S. Bank Average
9.33% 9.24%

First Financial Bank in Winnebago has a Return on Equity of 9.33% versus the BestCashCow average of 9.24%. 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 Financial Bank in Winnebago U.S. Bank Average
15.41% 11.96%

First Financial Bank in Winnebago has a Capitalization of 15.41% versus the BestCashCow average of 11.96. 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 Financial Bank in Winnebago Balance Sheet Analysis

As of December 31, 2020, First Financial Bank in Winnebago had assets of $49,342,000, loans of $31,633,000, and deposits of $41,666,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 3.02 million
Interest-bearing balances $ 2.37 million
Total securities $ 12.31 million
Federal funds sold and reverse repurchase $ 1.50 million
Net loans and leases $ 31.63 million
Loan loss allowance $ 0.35 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.10 million
Goodwill and other intangibles N.A.
All other assets $ 0.56 million
     Total Assets $ 41.74 million
LIABILITIES
Total deposits $ 41.67 million
      Interest-bearing deposits $ 34.16 million
      Deposits held in domestic offices $ 41.67 million
      % insured (estimated) 90.28%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.07 million
      Total Liabilities $ 41.74 million
      Shareholders’ Equity $ 7.60 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 2.12 million
Total Interest Expense $ 0.29 million
Net interest income $ 1.83 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.07 million
Total non interest expense $ 1.25 million
Pre-tax Net Operating Income $ 0.66 million

Bank Loan Profile?

The top three loan types in First Financial Bank in Winnebago’s loan portfolio are Farm Loans, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in Minnesota, First Financial Bank in Winnebago has a significantly higher percent of Farm 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 13.25
Multifamily
Mortgages
1.56
Credit Card Loans 0.00
Consumer Auto Loans 2.63
Small Business Loans 4.02
Construction and Development Loans 5.27
Commercial Real Estate 4.76
Commercial and Industrial Loans 21.30
Farm Loans 30.21

Frequently Asked Questions About First Financial Bank In Winnebago

Branches and Savings

Is First Financial Bank In Winnebago FDIC insured?

Yes. It is covered under FDIC Certificate #5278.

Why does First Financial Bank In Winnebago pay such low interest on savings accounts?

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

Why are First Financial Bank In Winnebago CD rates not competitive?

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

Is First Financial Bank In Winnebago a commercial bank?

Yes

Where are First Financial Bank In Winnebago locations?

See branch locations nearby.

Is First Financial Bank In Winnebago open on Saturdays?

Is First Financial Bank In Winnebago open on Sundays?

What time does First Financial Bank In Winnebago open?

What time does First Financial Bank In Winnebago close?

Are First Financial Bank In Winnebago ATMs Open 24/7?

Do First Financial Bank In Winnebago ATMs accept cash deposits?

Can First Financial Bank In Winnebago customers use other ATMs?

Do First Financial Bank In Winnebago branches have notaries?

Will First Financial Bank In Winnebago notarize my document?

What address for First Financial Bank In Winnebago should I put for incoming ACH transfers?

Will the First Financial Bank In Winnebago branch print checks?

Do First Financial Bank In Winnebago checks expire?

Does First Financial Bank In Winnebago require US citizenship to open account?

Can First Financial Bank In Winnebago close my account?

Does First Financial Bank In Winnebago Report to credit bureaus?

Does First Financial Bank In Winnebago Use Equifax?

What is First Financial Bank In Winnebago's ACH Routing Number?

What is First Financial Bank In Winnebago's SWIFT code?

Products

Does First Financial Bank In Winnebago offer mortgages?

Compare mortgage rates here.

Does First Financial Bank In Winnebago offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Financial Bank In Winnebago offer personal loans?

Compare personal loan rates here.

Does First Financial Bank In Winnebago offer student loans?

Will First Financial Bank In Winnebago cash a check?

Will First Financial Bank In Winnebago redeem a savings bond?

Does First Financial Bank In Winnebago cash savings bonds?

Will First Financial Bank In Winnebago cash money orders?

Can First Financial Bank In Winnebago issue a money order?

Does First Financial Bank In Winnebago do currency exchange?

Background on The Bank

Who owns First Financial Bank In Winnebago?

How long has First Financial Bank In Winnebago been around?

Can First Financial Bank In Winnebago transfer to other banks?

Does First Financial Bank In Winnebago have quick pay?

Does First Financial Bank In Winnebago accept rolled coins?

Will First Financial Bank In Winnebago accept loose change?

Where is First Financial Bank In Winnebago headquarters?

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