Banks | First Fed Bank

First Fed Bank


First Fed Bank is an FDIC insured institution headquartered at 105 W 8th St, Port Angeles, WA 98362.
It was founded in 1923 and has approximately $2 billion in assets. Customers can open an account at one of its 11 branches.

Deposit Rates - November 14, 2024

CD RATES APY MIN
24 Mo CD
0.55% $10,000 Compare
24 Mo CD
0.55% $100,000 Compare

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 28405
Date Established 1923
Assets $ 2.21 billion
Loans $ 1,679.58 million
Deposits $ 1,713.39 million
Capital $ 182.35 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 83.18 million
Interest-bearing balances $ 64.00 million
Total securities $ 306.71 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,679.58 million
Loan loss allowance $ 21.46 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 4.82 million
All other assets $ 85.05 million
     Total Assets $ 2.02 billion

LIABILITIES
Total deposits $ 1,713.39 million
      Interest-bearing deposits $ 1,429.56 million
      Deposits held in domestic offices $ 1,713.39 million
      % insured (estimated) 76.30%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 210.97 million
Subordinated debt N.A.
All other liabilities $ 24.46 millionn
      Total Liabilities $ 2.02 billion
      Shareholders’ Equity $ 182.35 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 55.94 million
Total Interest Expense $ 26.70 million
Net interest income $ 29.24 million
Provision for loan and lease losses $ 5.21 million
Total non interest income $ 11.08 million
Total non interest expense $ 29.29 million
Pre-tax Net Operating Income $ 8.82 million

Customer Reviews for First Fed Bank

There are currently no comments for First Fed Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review


Rate it here →


Branches

Click on location and enter new zip number to change.
Your current location is: Columbus, OH

First Fed Bank Locations

Other Banks to Consider