First Federal Savings and Loan Association of Lorain

Lorain, OH
IDRSSD: 144678
Total Assets
$562.90M
Latest filing
Total Deposits
$486.63M
Latest filing
Net Interest Margin
2.05%
Profitability

Locations

Main office and branches. Select to view on the map.

Open map →
Main Office
First Federal Savings and Loan Association of Lorain
3721 Oberlin Ave
Lorain, OH 44053
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1921FDIC Certificate 42672

Branches (5)

Page 1 of 1
NameAddressCity / State
First Federal Savings and Loan Association of Lorain (Main)3721 Oberlin AveLorain, OH
HURON BRANCH107 Liberty DriveHuron, OH
PORT CLINTON BRANCH1840 E Perry StPort Clinton, OH
2233 EAST 42ND STREET BRANCH2233 E 42nd StLorain, OH
1180 PARK AVENUE BRANCH1180 Park AveAmherst, OH
36690 DETROIT ROAD BRANCH36690 Detroit RdAvon, OH
Showing 5 of 5

Quarterly Trends

Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).

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 Date01/01/1921
Community BankYes
Ownership TypeMutual
ZIP44053
State and County Number39093
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number04
Numeric code34
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameCleveland-Elyria, OH

Operational Info

Number of Employees74
Domestic Offices6
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.fflorain.bank
Data Updated11/14/2025
CERT29838
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$562.90M
Total Deposits$486.63M
Total Liabilities$510.60M
Total Equity Capital$52.29M
Net Income$26.00k
Net Loans and Leases$431.85M
Assets Per Employee ($Millions)$7.93M
Bank Premises and Fixed Assets$2.86M
Cash and Balances due from Depository Institutions$28.33M
Deposits Held in Domestic Offices$486.63M

Key Performance Ratios

Return on Assets (ROA)0.02%
Return on Equity (ROE)0.2%
Net Interest Margin2.05%
Efficiency Ratio99.53%
Tier 1 Risk-Based Capital Ratio20.667%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.01%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets9.29%
Earning Assets to total Assets93.15%

Income and Expense

Total Interest Income$5.53M
Total Noninterest Income$564.00k
Total Interest Expense$2.92M
Total Noninterest Expense$3.15M
Net Interest Income$2.61M
Pre-tax Net Operating Income$-5,000
Provision for Credit Losses$20.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$20.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$3.97M
Total Liabilities and Capital$562.90M

Securities

Securities$70.23M
Available-for-sale debt securities$70.23M
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 Savings and Loan Association of Lorain?
$562.90M as of the latest filing.
How much are First Federal Savings and Loan Association of Lorain's total deposits?
$486.63M in total deposits.
Where is First Federal Savings and Loan Association of Lorain located?
Lorain, OH.
What is the Net Interest Margin?
2.05%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1921.
What is the Return on Assets (ROA)?
0.02%.
How much are total loans and leases?
$431.85M (latest filing).
What is the total interest income (latest filing)?
$5.53M.