First Savings and Loan Association


First Savings and Loan Association is an FDIC insured institution headquartered at 206 W Center St, Mebane, NC 27302.
It was founded in 1909 and has approximately $0 billion in assets. Customers can open an account at one of its 1 branches.

Deposit Rates - December 22, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30358
Date Established 1909
Assets $ 58.34 million
Loans $ 35.84 million
Deposits $ 44.10 million
Capital $ 13.26 million

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 2.89 million
Interest-bearing balances $ 2.49 million
Total securities $ 12.00 million
Federal funds sold and reverse repurchase $ 4.49 million
Net loans and leases $ 35.84 million
Loan loss allowance $ 0.20 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 2.65 million
     Total Assets $ 45.08 million

LIABILITIES
Total deposits $ 44.10 million
      Interest-bearing deposits $ 44.10 million
      Deposits held in domestic offices $ 44.10 million
      % insured (estimated) 86.26%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.90 millionn
      Total Liabilities $ 45.08 million
      Shareholders’ Equity $ 13.26 million

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 1.31 million
Total Interest Expense $ 0.82 million
Net interest income $ 0.50 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.04 million
Total non interest expense $ 0.57 million
Pre-tax Net Operating Income $ 0.14 million

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Branches

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First Savings and Loan Association Locations