First Federal Bank

Lake City, FL
IDRSSD: 384278
Total Assets
$4.14B
Latest filing
Total Deposits
$3.19B
Latest filing
Net Interest Margin
3.16%
Profitability

Locations

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Main Office
First Federal Bank
4705 W Us Highway 90
Lake City, FL 32055
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1961FDIC Certificate 44147

Branches (28)

Page 1 of 4
NameAddressCity / State
First Federal Bank (Main)4705 W Us Highway 90Lake City, FL
JASPER BRANCH507 Hatley St WJasper, FL
HIGHWAY 51 N. BRANCH187 N Fletcher AveMayo, FL
HIGHWAY 90 W. BRANCH2571 W Us Highway 90Lake City, FL
1255 SOUTH FIRST STREET BRANCH707 Sw Main BlvdLake City, FL
DOWLING PARK BRANCH11035 County Road 136Dowling Park, FL
LIVE OAK BRANCH1102 Ohio Ave NLive Oak, FL
MESSENGER SERVICE BRANCH36 Sea Island PkwyBeaufort, SC
Showing 7 of 28

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassFederal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS
Primary RegulatorOCC
Established Date01/01/1961
Community BankNo
Ownership TypeNot Mutual
ZIP32055
State and County Number12023
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number06
Numeric code34
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictAtlanta
Core Based Statistical Area NameLake City, FL

Operational Info

Number of Employees574
Domestic Offices29
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance08/09/1989
Primary Insurance AgencyDIF
Websitewww.ffbf.com
Data Updated11/14/2025
CERT31313
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$4.14B
Total Deposits$3.19B
Total Liabilities$3.71B
Total Equity Capital$428.25M
Net Income$11.75M
Net Loans and Leases$1.31B
Assets Per Employee ($Millions)$7.41M
Bank Premises and Fixed Assets$40.64M
Cash and Balances due from Depository Institutions$123.72M
Deposits Held in Domestic Offices$3.19B

Key Performance Ratios

Return on Assets (ROA)1.13%
Return on Equity (ROE)11.39%
Net Interest Margin3.16%
Efficiency Ratio65.46%
Tier 1 Risk-Based Capital Ratio21.954%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.04%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.343%
Earning Assets to total Assets89.42%

Income and Expense

Total Interest Income$48.53M
Total Noninterest Income$14.81M
Total Interest Expense$19.02M
Total Noninterest Expense$29.01M
Net Interest Income$29.52M
Pre-tax Net Operating Income$14.88M
Provision for Credit Losses$437.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$187.00k
Other borrowed funds$442.18M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$83.14M
Total Liabilities and Capital$4.14B

Securities

Securities$2.30B
Available-for-sale debt securities$2.30B
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Federal Bank?
$4.14B as of the latest filing.
How much are First Federal Bank's total deposits?
$3.19B in total deposits.
Where is First Federal Bank located?
Lake City, FL.
What is the Net Interest Margin?
3.16%.
How many domestic offices does it operate?
29.
When was it established?
01/01/1961.
What is the Return on Assets (ROA)?
1.13%.
How much are total loans and leases?
$1.31B (latest filing).
What is the total interest income (latest filing)?
$48.53M.