First Federal Savings and Loan Association of Lakewood

Lakewood, OH
IDRSSD: 318974
Total Assets
$2.90B
Latest filing
Total Deposits
$2.17B
Latest filing
Net Interest Margin
2.26%
Profitability

Locations

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Main Office
First Federal Savings and Loan Association of Lakewood
14806 Detroit Ave
Lakewood, OH 44107
Full Service - Brick and Mortar
Updated 11/14/2025Established 07/19/1935FDIC Certificate 42322

Branches (19)

Page 1 of 3
NameAddressCity / State
First Federal Savings and Loan Association of Lakewood (Main)14806 Detroit AveLakewood, OH
12648 ROCKSIDE ROAD BRANCH12648 Rockside RdGarfield Heights, OH
6160 ROYALTON ROAD BRANCH6160 Royalton RdNorth Royalton, OH
BRUNSWICK BRANCH3383 Center RdBrunswick, OH
20425 CENTER RIDGE ROAD BRANCH20425 Center Ridge RdRocky River, OH
22380 LORAIN ROAD BRANCH22380 Lorain RdFairview Park, OH
CENTER RIDGE ROAD BRANCH33701 Center Ridge RdNorth Ridgeville, OH
24441 DETROIT ROAD BRANCH24441 Detroit RdWestlake, OH
Showing 7 of 19

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 Date07/19/1935
Community BankNo
Ownership TypeNot Mutual
ZIP44107
State and County Number39035
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number04
Numeric code33
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 Employees259
Domestic Offices20
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.ffl.bank
Data Updated11/14/2025
CERT29488
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$2.90B
Total Deposits$2.17B
Total Liabilities$2.68B
Total Equity Capital$220.88M
Net Income$2.37M
Net Loans and Leases$2.40B
Assets Per Employee ($Millions)$11.38M
Bank Premises and Fixed Assets$8.25M
Cash and Balances due from Depository Institutions$165.38M
Deposits Held in Domestic Offices$2.17B

Key Performance Ratios

Return on Assets (ROA)0.33%
Return on Equity (ROE)4.33%
Net Interest Margin2.26%
Efficiency Ratio87.58%
Tier 1 Risk-Based Capital Ratio11.846%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets-0.09%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.613%
Earning Assets to total Assets93.32%

Income and Expense

Total Interest Income$32.02M
Total Noninterest Income$2.61M
Total Interest Expense$16.66M
Total Noninterest Expense$15.75M
Net Interest Income$15.37M
Pre-tax Net Operating Income$2.86M
Provision for Credit Losses$-627,000
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$480.00M
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$30.23M
Total Liabilities and Capital$2.90B

Securities

Securities$157.04M
Available-for-sale debt securities$157.04M
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 Lakewood?
$2.90B as of the latest filing.
How much are First Federal Savings and Loan Association of Lakewood's total deposits?
$2.17B in total deposits.
Where is First Federal Savings and Loan Association of Lakewood located?
Lakewood, OH.
What is the Net Interest Margin?
2.26%.
How many domestic offices does it operate?
20.
When was it established?
07/19/1935.
What is the Return on Assets (ROA)?
0.33%.
How much are total loans and leases?
$2.40B (latest filing).
What is the total interest income (latest filing)?
$32.02M.