# FIRST FEDERAL BANK
HARRISON, AR · FDIC certificate 28982 · asset band $300M-1B · latest filing 2014-12 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 1 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $603.8M | |
| Deposits | $509.5M | |
| Loans and leases | $435.0M | |
| Total equity | $69.2M | |
| Loans / deposits | 83.01% (p55 of band) | 80.75% |
| Liquid assets / assets | 18.02% (p26 of band) | |
| Uninsured deposits / deposits | 11.83% (p20 of band) | 19.51% |
| Brokered deposits | 3.41% | |
| Wholesale funding | 7.03% (p55 of band) | |
| FHLB advances / assets | 3.61% | |
| Tier 1 leverage | 9.21% (p29 of band) | 10.04% |
| Unrealized securities loss / equity | 1.58% (p59 of band) | 1.00% |
| AOCI / equity | 1.65% (p53 of band) | |
| ROA (annualized) | 3.81% (p100 of band) | 0.89% |
| Net interest margin | 3.24% (p24 of band) | 3.63% |
| Efficiency ratio | 91.93% (p94 of band) | |
| Noncurrent loans | 2.12% (p84 of band) | 0.89% |
| Net charge-offs (annualized) | 0.11% (p63 of band) | |
| Reserve coverage of noncurrent | 130.96% | |
| Real estate % of loans | 88% | |
| Construction % of loans | 64.14% (p75 of band) | |
| Auto loans | $593,000 (0.14% of loans; DQ 0.17%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 8.1% | |
| Employees | 151 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 6 | leverage <7%, losing money, expense ratio p90, noncurrent p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 4 |  | leverage <7%, construction >100% equity |
| 2011-09 | 4 |  |  |
| 2011-12 | 4 |  |  |
| 2012-03 | 5 | charge-offs p90, deposits shrinking | losing money |
| 2012-06 | 5 | assets shrinking | noncurrent p90 |
| 2012-09 | 5 |  |  |
| 2012-12 | 5 | uninsured deposits leaving | charge-offs p90 |
| 2013-03 | 2 |  | deposits shrinking, assets shrinking, uninsured deposits leaving |
| 2013-06 | 5 | charge-offs p90, deposits shrinking, assets shrinking |  |
| 2013-09 | 2 |  | reserve under noncurrent, deposits shrinking, assets shrinking |
| 2013-12 | 2 | capital falling | charge-offs p90 |
| 2014-03 | 3 | losing money |  |
| 2014-06 | 2 |  | losing money |
| 2014-09 | 1 |  | capital falling |
| 2014-12 | 1 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-12-13 [Jeff Brandt - Arkansas Business](https://news.google.com/rss/articles/CBMiYkFVX3lxTE9hNVllUGxTT2xUaFFqbnNVaGtWc1BnU1BTcGppZ3lPeE0wLTJLWWtaWTJ6LU9QbURkVEFkQVFuN0o3R1Uxb0F2XzA4UzB1bXRFbEJZYUE5WVQ0N01mSTRsZGtR?oc=5) · Arkansas Business
- 2014-03-20 [BOZ Executive Headed to Great Southern Bank - Talk Business & Politics](https://news.google.com/rss/articles/CBMigwFBVV95cUxNbi1iYS1NYjZyS1BpN2tNaDE0Z18zb0dRRjhLSTFKUDlYZjB1eUV6a0xib19jQ2EzalphRHY1YWdZRjB1Y3B6TnNYb0dJaTVNWHZYYm1XU0FzSnFfTmNMaXlhcVZTVnZEZVJlclBlcjB5bXlFNjZpeGxNZ2xraTYzZVJPVQ?oc=5) · Talk Business &amp; Politics
- 2023-06-20 [Forbes 2026 America's Best Banks In Each State List - Forbes](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4xcm9keG1VQVdlREh4RG0tMFA2NktMQ1M4SjBicWxRTkJ3a0lOQTVqSXA0d1FkZ0RPOXQxWjFXYzg5SWhNNTBTU0Rqa0Vuekp2TzR5WnhXLTBwel9MdWc?oc=5) · Forbes
- 2010-08-20 [$20,000 Reward Offered for Information on Serial Bank Robber Dubbed the “Bayou Bandit” - fbi.gov](https://news.google.com/rss/articles/CBMic0FVX3lxTE5KbGFnZ1YxZ2p2Z3ByTkVqWmMtRmlKQ0Iyd2IzYnBsMFRUM1cyM0xSZng2SjV2NGFTUXVuUlUxQUpXOF9FWkk0SmYwdkJ1VEM5VUc4RUxBTFBvOHJDRXJzenlFRnhyUlNsSmZIV3M2ZjhlSGc?oc=5) · fbi.gov
- 2024-01-31 [Schultz Returns to First Security Bank, Farmington - Northwest Arkansas Democrat-Gazette](https://news.google.com/rss/articles/CBMimgFBVV95cUxPNE1HT2NlNGdIamNhSTZNVGJGM1FQVnpCd2dJcnBBdW95ZERfQkl1a0Z4SEZJN3djRGw0TC1udWxWd3JfVG1SZ21GMlBJMVFPMkYtY0hFaUhxNEh1VHNadXdjcnl1YzJOWGlfRVBjUl8tdmRFejBjd3dEbFFnMTR4d0ZyOWtrSEhNZ1BqSHljWlZtRzl1UmRhc2RB?oc=5) · Northwest Arkansas Democrat-Gazette
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2024-02-15 [Alain B. Monkam, CFA, has been Inducted into the Prestigious Marquis Who's Who Biographical Registry - 24-7 Press Release Newswire](https://news.google.com/rss/articles/CBMi5AFBVV95cUxORzRrakMyeTh4TXVrdm5wbWpFaXdDelZtZDAxVFZxLXQxNWJ4MHhDMGJsLWZOWHh0Q1R1T2lJLWtOS3M1c0EyNWtQQVp4a0FBaGNPSnVWNHp1VERKNFV2X1AyRTczR3hlWGY4aVVRVDdIdHZmaUZZRFZaSnltRmpPUkdIVXdONlpjS2RCN2F4Ni01akxTaUJkRFFTSmtnb0M5cGZEbzh5LVhJN2FwVURVLTBDaHFhODlDS3oxbWx5dkEwVzFrX012eHp6Tk1CZW4yTUE2eFo2UFJVSFgtUzhqcVpwWmo?oc=5) · 24-7 Press Release Newswire
- 2013-01-16 [OCC Ends Cease & Desist Order Against First Federal Bank - Arkansas Business](https://news.google.com/rss/articles/CBMimgFBVV95cUxQaTg4ODQ4U1NqdHd3ZHg2bnRkVzd0OS04RE9ULXZMdTVLRTFzbEhuTGl2LTd6QVRtT1AyYUZyTXAyVnNua2pJS1dYYUJhWUpGX2VfdlBFWndUd0RkWVU1b2U3bE5VbU9BMUJzSXlIT0lXTHBPM2t2ZmdKZ2ZHeWhyN3hGUk5zUWpSMzBHbVFoOVhPV2tLbTJ1YldB?oc=5) · Arkansas Business

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=28982 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/54.json (key "28982", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide