First Federal Savings Bank

Ottawa, IL
IDRSSD: 771878
Total Assets
$418.61M
Latest filing
Total Deposits
$322.95M
Latest filing
Net Interest Margin
2.89%
Profitability

Locations

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Main Office
First Federal Savings Bank
633 La Salle St
Ottawa, IL 61350
Full Service - Brick and Mortar
Updated 11/14/2025Established 01/01/1889FDIC Certificate 41758

Branches (11)

Page 1 of 2
NameAddressCity / State
First Federal Savings Bank (Main)633 La Salle StOttawa, IL
PERU MALL BRANCH1600 38th StPeru, IL
137 S MAIN BRANCH137 S Main StWalnut, IL
111 E MAIN BRANCH111 E Main StAmboy, IL
1205 WASHINGTON BRANCH1205 Washington StMendota, IL
8 DANNYS DRIVE BRANCH8 Dannys DrStreator, IL
475 THIRD ST BRANCH475 3rd StLa Salle, IL
124 E MAIN ST BRANCH124 E Main StMorris, IL
Showing 7 of 11

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 Date01/01/1889
Community BankYes
Ownership TypeMutual
ZIP61350
State and County Number17099
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number07
Numeric code34
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictChicago
Core Based Statistical Area NameOttawa, IL

Operational Info

Number of Employees92
Domestic Offices12
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
Websiteffsbweb.com
Data Updated11/14/2025
CERT28924
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$418.61M
Total Deposits$322.95M
Total Liabilities$374.63M
Total Equity Capital$43.99M
Net Income$263.00k
Net Loans and Leases$282.24M
Assets Per Employee ($Millions)$4.65M
Bank Premises and Fixed Assets$4.25M
Cash and Balances due from Depository Institutions$39.63M
Deposits Held in Domestic Offices$322.95M

Key Performance Ratios

Return on Assets (ROA)0.25%
Return on Equity (ROE)2.41%
Net Interest Margin2.89%
Efficiency Ratio86.23%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets10.508%
Earning Assets to total Assets93.03%

Income and Expense

Total Interest Income$4.82M
Total Noninterest Income$462.00k
Total Interest Expense$1.98M
Total Noninterest Expense$2.85M
Net Interest Income$2.84M
Pre-tax Net Operating Income$355.00k
Provision for Credit Losses$100.00k
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$47.57M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$4.10M
Total Liabilities and Capital$418.61M

Securities

Securities$71.69M
Available-for-sale debt securities$71.57M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$124.00k
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of First Federal Savings Bank?
$418.61M as of the latest filing.
How much are First Federal Savings Bank's total deposits?
$322.95M in total deposits.
Where is First Federal Savings Bank located?
Ottawa, IL.
What is the Net Interest Margin?
2.89%.
How many domestic offices does it operate?
12.
When was it established?
01/01/1889.
What is the Return on Assets (ROA)?
0.25%.
How much are total loans and leases?
$282.24M (latest filing).
What is the total interest income (latest filing)?
$4.82M.