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First Federal Savings and Loan Association of Lorain
Lorain, OH · Savings bank
- Total assets
- $573.8M
- Q2 2026
- Deposits
- $499.8M
- Net income
- $218K
- first half of 2026
- Return on assets
- 0.08%
- Annualized
Bank details
As reported to the FDIC
- FDIC certificate
- 29838
- Main office
- Lorain, OH
- Charter
- Savings bank
- Primary federal regulator
- Office of the Comptroller of the Currency (OCC)
- Established
- 01/01/1921
- FDIC insured since
- 08/09/1989
- U.S. offices
- 6
- Employees (full-time equivalent)
- 79
- Specialty
- Mortgage Lending Specialization
- Website
- www.fflorain.bank
Quarterly financials
From the bank's Call Reports. Income figures are year to date; ratios are annualized.
| Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $573.8M | $567.3M | $573.1M | $562.9M | $532.2M | $507.7M | $501.6M | $512M |
| Deposits | $499.8M | $500.2M | $506.2M | $486.6M | $457.1M | $419.2M | $414M | $407.2M |
| Net loans and leases | $469.1M | $455.2M | $447M | $431.9M | $387.3M | $359.1M | $345.2M | $344.9M |
| Securities | $61.95M | $67.48M | $69.17M | $70.23M | $75.62M | $86.38M | $95.99M | $115.4M |
| Equity capital | $53.32M | $53.14M | $53.01M | $52.29M | $51.33M | $50.96M | $50.16M | $52.38M |
| Net income (year to date) | $218K | $120K | -$361K | -$454K | -$480K | -$385K | -$3.21M | -$2.61M |
| Return on assets | 0.08% | 0.08% | -0.07% | -0.12% | -0.19% | -0.31% | -0.62% | -0.67% |
| Return on equity | 0.82% | 0.90% | -0.70% | -1.18% | -1.89% | -3.05% | -6.30% | -6.80% |
| Net interest margin | 2.27% | 2.25% | 1.98% | 1.91% | 1.85% | 1.73% | 1.25% | 1.16% |
| Efficiency ratio | 96.0% | 95.9% | 105.4% | 108.4% | 113.6% | 121.3% | 150.5% | 156.3% |
| Noncurrent loans | 0.41% | 0.44% | 0.42% | 0.42% | 0.57% | 0.61% | 0.78% | 0.93% |
| Net charge-off rate | -0.05% | -0.03% | -0.05% | -0.05% | -0.05% | -0.03% | -0.09% | -0.04% |
| Leverage (core capital) ratio | 10.36% | 10.32% | 10.59% | 10.80% | 11.29% | 11.83% | 11.78% | 11.76% |
| Total risk-based capital ratio | 20.34% | 20.74% | 20.93% | 21.29% | 23.02% | 24.55% | 25.15% | 25.22% |
Assets grew 7.8% from Q2 2025.
Loan mix
Share of gross loans, Q2 2026
- Real estate loans$470.5M100.3%
- Commercial and industrial loans$67K0.0%
- Consumer loans$446K0.1%
Find bank branches in Ohio · Employees: 79
Frequently asked questions
- What is First Federal Savings and Loan Association of Lorain's FDIC certificate number?
- First Federal Savings and Loan Association of Lorain's FDIC certificate number is 29838.
- How big is First Federal Savings and Loan Association of Lorain?
- First Federal Savings and Loan Association of Lorain reported total assets of $573.8M and deposits of $499.8M as of Q2 2026.
- Is First Federal Savings and Loan Association of Lorain FDIC insured?
- Yes. First Federal Savings and Loan Association of Lorain has been insured by the FDIC since 08/09/1989. Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
Source: Federal Deposit Insurance Corporation, BankFind Suite (Call Report data) · Last updated 06/30/2026