# FIRST FEDERAL SAVINGS BANK
ROCHESTER, IN · FDIC certificate 31516 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 3 (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 | $686.6M | |
| Deposits | $540.4M | |
| Loans and leases | $594.0M | |
| Total equity | $63.2M | |
| Loans / deposits | 108.78% (p96 of band) | 82.04% |
| Liquid assets / assets | 5.49% (p1 of band) | |
| Uninsured deposits / deposits | 28.35% (p60 of band) | 25.97% |
| Brokered deposits | 6.59% | |
| Wholesale funding | 17.51% (p91 of band) | |
| FHLB advances / assets | 10.92% | |
| Tier 1 leverage | 9.31% (p19 of band) | 10.81% |
| Unrealized securities loss / equity | -3.25% (p71 of band) | -8.10% |
| AOCI / equity | 0.04% (p82 of band) | |
| ROA (annualized) | 0.97% (p30 of band) | 1.28% |
| Net interest margin | 3.48% (p27 of band) | 3.91% |
| Efficiency ratio | 75.61% (p83 of band) | |
| Noncurrent loans | 0.94% (p71 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 109.90% | |
| Real estate % of loans | 98% | |
| Construction % of loans | 86.75% (p81 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 13.3% | |
| Employees | 129 | |

## Flags firing in the latest filing

- **loans exceed deposits** (`liq_ltd`)
- **wholesale funding >15%** (`liq_wholesale`)
- **liquid assets <10%** (`liq_thin`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | loans exceed deposits, wholesale funding >15%, liquid assets <10%, reserve under noncurrent |  |
| 2011-06 | 2 |  | wholesale funding >15%, reserve under noncurrent |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 3 | uninsured deposits leaving |  |
| 2012-06 | 2 |  | liquid assets <10% |
| 2012-09 | 3 | liquid assets <10% |  |
| 2012-12 | 5 | charge-offs p90, reserve under noncurrent |  |
| 2013-03 | 4 | capital falling | uninsured deposits leaving, charge-offs p90 |
| 2013-06 | 4 |  |  |
| 2013-09 | 1 |  | loans exceed deposits, liquid assets <10%, capital falling |
| 2013-12 | 2 | noncurrent p90 |  |
| 2014-03 | 3 | expense ratio p90 |  |
| 2014-06 | 4 | uninsured deposits leaving |  |
| 2014-09 | 4 | liquid assets <10% | uninsured deposits leaving |
| 2014-12 | 3 | uninsured deposits leaving | expense ratio p90, liquid assets <10% |
| 2015-03 | 4 | capital falling, charge-offs p90 | uninsured deposits leaving |
| 2015-06 | 2 |  | capital falling, charge-offs p90 |
| 2015-09 | 2 | expense ratio p90 | noncurrent p90 |
| 2015-12 | 3 | noncurrent p90 |  |
| 2016-03 | 3 |  |  |
| 2016-06 | 3 | charge-offs p90 | noncurrent p90 |
| 2016-09 | 4 | liquid assets <10% |  |
| 2016-12 | 2 |  | charge-offs p90, liquid assets <10% |
| 2017-03 | 4 | capital falling, noncurrent p90 |  |
| 2017-06 | 4 | loans exceed deposits, liquid assets <10% | capital falling, noncurrent p90 |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 | capital falling | loans exceed deposits, liquid assets <10% |
| 2018-03 | 2 |  | capital falling |
| 2018-06 | 3 | loans exceed deposits |  |
| 2018-09 | 5 | liquid assets <10%, capital falling |  |
| 2018-12 | 5 |  |  |
| 2019-03 | 2 |  | expense ratio p90, liquid assets <10%, capital falling |
| 2019-06 | 3 | liquid assets <10% |  |
| 2019-09 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | loans exceed deposits, liquid assets <10% |  |
| 2020-06 | 1 |  | loans exceed deposits, liquid assets <10% |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 4 | losing money, expense ratio p90, noncurrent p90 |  |
| 2022-06 | 3 | construction >100% equity | losing money, noncurrent p90 |
| 2022-09 | 4 | loans exceed deposits |  |
| 2022-12 | 3 | wholesale funding >15% | reserve under noncurrent, construction >100% equity |
| 2023-03 | 3 | capital falling | expense ratio p90 |
| 2023-06 | 4 | liquid assets <10% |  |
| 2023-09 | 5 | expense ratio p90 |  |
| 2023-12 | 2 |  | capital falling, liquid assets <10%, expense ratio p90 |
| 2024-03 | 6 | brokered >10%, liquid assets <10%, expense ratio p90, NIM <2.5% |  |
| 2024-06 | 5 | reserve under noncurrent | expense ratio p90, NIM <2.5% |
| 2024-09 | 5 |  |  |
| 2024-12 | 5 |  |  |
| 2025-03 | 3 |  | brokered >10%, reserve under noncurrent |
| 2025-06 | 3 |  |  |
| 2025-09 | 5 | deposits shrinking, uninsured deposits leaving |  |
| 2025-12 | 5 | brokered >10%, capital falling | deposits shrinking, uninsured deposits leaving |
| 2026-03 | 4 |  | brokered >10% |
| 2026-06 | 3 |  | capital falling |

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

- 2026-09-09 [First Federal Savings Bank and ICBA Promote Financial Planning for Emergencies During National Preparedness Month - Yahoo Finance](https://news.google.com/rss/articles/CBMinAFBVV95cUxOTUhsMk1ycG5IdFVBMUpSRlFXSWV5cVlqdW56SVRmN0FBRjNkSTdxOEplSkx2UHZlNVVBQW9FdVZJczV3M3J4SVZHZGtjV1YwU0VJUDBVWHRDdjNCR1J0YkY0bFh1UWlvai1GVHBZT0I2S0VTblFwdlQ0N3YyRnpSeWlPaVNYSWRCNExjS0QtV3IwamlMbEdQbHBQdTQ?oc=5) · Yahoo Finance
- 2026-05-02 [First Federal Savings Bank Named A Five Star Member Of The IBA - timesuniononline.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPVVNhVXI3Z0hnUExFUHVBeWJjY2Fld0ViSGY4YzdKWURTSGZTcUFsMUtqUTNuaGxzMHpxaVdkMk1aa3ctamJ4Nkp6WkhacHgyRG1aNWtuWWIzLTBzNkpQOGY2UkkwUzFQNUxFb3lHRkFtNTUwQlBvRmtzRmFRMmlIVnd3bV9VTUd5M0N1aFFQcUZFVy1zM1E2bjhGb3RVYTRyS0Q4dnBWMGNxdw?oc=5) · timesuniononline.com
- 2026-04-03 [First Federal Savings Bank and ICBA Highlight the Value of Financial Literacy - GlobeNewswire](https://news.google.com/rss/articles/CBMi4wFBVV95cUxOVUxiZUc3NWhRZ0YxVkQ4V3g5OEE3YkpMUVIwbzZpM1dlQ3ZxN3JreXRxUDY4X21LY2Z0dmM3Z1NZRFlNd3dxV3F0djc2SUV6cjNNcVRTVDd3TDFfcTNhbWVOeEpxYW9ySUpUMkJtWW8yN1VibmtHLS1uYmYwVGNURFBtajlMcjFIZUUtUkFYZWRKbDJiNTlTOGNuZ0FJdS1kZGF4SWdlRUZycVpUQlI2eHA0dlZ4TTVzd1E3QTdGR01nZkhfQ052ckRHUmhpMTZYaXd4Z1dXR3BtT1Z1MFJiRDRqdw?oc=5) · GlobeNewswire
- 2026-02-23 [Small Ky. bank's release by regulators came sooner than expected - American Banker](https://news.google.com/rss/articles/CBMinwFBVV95cUxPT3BHVEtXdFBzMXQ2Q0tYRUxWSkRvNHRUTmQ2c0F3aURKWkRwaEo1S2w0bllkUk1mQ05OanJ6cW1HS0V1aFdpXzJmY0tNQjdMMG5oUmdsVmwxNHJXVGlzWUV5XzlBOFJaU28zbHRwaDlieWhyd2tYMnNTTGdZN1RSV0dWRVdxb2tDd1lHMDd3T2NOOGZ6QU9oZ0R5Z2tOZW8?oc=5) · American Banker
- 2026-03-12 [First Federal Bank celebrates 90 years this Friday - mainstreetmediatn.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxNdERkbVRORHhqTUstM24wdG5RWXBZWVlYcFdOb1diQ2JhQmxqZ3UzcExiRkc3TU9MNUZ2Z1U3SEpzekJVdnFxVkhTa3VFdVA4eXBPWUtvaUpLYmFRM1NGOXNuM09GaFJFQUhMbDB5YVNLd1dyb0FUSHFYZlNuWmtSTWM0X2Q5a1hRYnJWSTgtVmZ1UU92elh6QmV1d0t3eTVTMERzcDZQYjEtTG9uVWJCU3RVa2czRHNmRmpjSzVqQQ?oc=5) · mainstreetmediatn.com
- 2026-07-22 [‘Bank Lady’ Raynee Farrell hits 50-year milestone - Pierce County Journal](https://news.google.com/rss/articles/CBMioAFBVV95cUxNOUdBNC1UM05nQmticXpuQng0bGwtNmlmN09kSm9iOU0xQ1NQTklDRHNLRzdKdnlucHhiTW9MbEh3SEhERmxiOHlhcERWWTE0eURtQ2NTYUNobVM2NVp3UXBoOUxodmdRei1tdUh3OVZ3dkt5b1ZkOXJxVTdXTFJ2d1Y0WWdqNFZRVjRfdlUybk04aEVCMURpVUNZeHBlMEFO?oc=5) · Pierce County Journal
- 2025-11-06 [Kentucky First Federal Bancorp Reports Q3 2025 Net Income of $344,000 with Significant Increase in Net Interest Income - Quiver Quantitative](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPSVQ0dnYxdTk5M1BvYW9KUlI2NUVuNUVQc0pCMG1GMWZXV1k3dFQ5cEZ5ZHBINzdKNmhtTkN1Y2RfcjdmclFlelNOdmZBbzJLRlZFTlVUV3JKMWk5RjU2QThMTVo3S1FSR1ZRay0wSkhOZURRUHFLQTBqa2JpRFo0TlpLdzhSdy1KTzA1cHZseS1PaWhjeGlKNUVBX2hyaHFhOWljVkFYbmUxVlN3QWZTRnRVZjdkM0dhZDd1RXIwWGxYVlJlbnhiaGEtV2lGNFdCUEZXV3ZtUGZLUVJZTlBnSFMyVkZCeTRtZ01R?oc=5) · Quiver Quantitative
- 2026-07-28 [First Federal MHC members vote to waive up to $0.40 in dividends - Stock Titan](https://news.google.com/rss/articles/CBMitAFBVV95cUxNRnlldGNHU1kxbWk5eDFTVW5NRkd1V1J2NjJlOWJIZEJzT0tKbGYyd25RMUVSSHY1MjhxVEtjT0dwU05VeHpiUVV3Z09VbXBEWjJsdC1hSUtYYkk1ekY4QkFWaHZUUGV4a1prODA5dXBQSGQzOHdTZ25lLWJMR0hNQXNQMFVpS2FYc0RFOWd2ajBUSEh3RC1pM0g0a2RSRVZ5bk92N081NGowd1h4bThkNklITVQ?oc=5) · Stock Titan

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31516 (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/28.json (key "31516", 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