First Federal Savings Bank

Rochester, IN
IDRSSD: 257578
Total Assets
$673.13M
Latest filing
Total Deposits
$535.38M
Latest filing
Net Interest Margin
3.42%
Profitability

Key People

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Locations

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Main Office
First Federal Savings Bank
301 E 9th St
Rochester, IN 46975
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1965FDIC Certificate 44350

Branches (5)

Page 1 of 1
NameAddressCity / State
First Federal Savings Bank (Main)301 E 9th StRochester, IN
814 U S 35 NORTH BRANCH814 U.S. 35 NorthWinamac, IN
206 W PLYMOUTH ST BRANCH206 W Plymouth StBremen, IN
2113 N MICHIGAN BRANCH2113 N Michigan StPlymouth, IN
2926 SOUTH MAIN BRANCH2926 S Main StElkhart, IN
MISHAWAKA BRANCH906 W Edison RdMishawaka, IN
Showing 5 of 5

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 Date01/01/1965
Community BankYes
Ownership TypeNot Mutual
ZIP46975
State and County Number18049
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number07
Numeric code33
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameN/A

Operational Info

Number of Employees132
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.firstfederalbanking.com
Data Updated01/30/2026
CERT31516
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$673.13M
Total Deposits$535.38M
Total Liabilities$613.08M
Total Equity Capital$60.06M
Net Income$1.50M
Net Loans and Leases$576.67M
Assets Per Employee ($Millions)$5.18M
Bank Premises and Fixed Assets$12.06M
Cash and Balances due from Depository Institutions$23.56M
Deposits Held in Domestic Offices$535.38M

Key Performance Ratios

Return on Assets (ROA)0.9%
Return on Equity (ROE)9.89%
Net Interest Margin3.42%
Efficiency Ratio73.49%
Tier 1 Risk-Based Capital Ratio13.853%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.12%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets8.922%
Earning Assets to total Assets90.95%

Income and Expense

Total Interest Income$8.61M
Total Noninterest Income$2.36M
Total Interest Expense$3.42M
Total Noninterest Expense$5.55M
Net Interest Income$5.19M
Pre-tax Net Operating Income$1.80M
Provision for Credit Losses$204.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets
Other Real Estate Owned$0
Other borrowed funds$75.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.70M
Total Liabilities and Capital$673.13M

Securities

Securities$18.08M
Available-for-sale debt securities$18.08M
Equity securities with readily determinable fair values not held for trading
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 Bank?
$673.13M as of the latest filing.
How much are First Federal Savings Bank's total deposits?
$535.38M in total deposits.
Where is First Federal Savings Bank located?
Rochester, IN.
What is the Net Interest Margin?
3.42%.
How many domestic offices does it operate?
6.
When was it established?
01/01/1965.
What is the Return on Assets (ROA)?
0.9%.
How much are total loans and leases?
$576.67M (latest filing).
What is the total interest income (latest filing)?
$8.61M.