Bedford Federal Savings Bank
Also written as BFSB
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Data as of · sourced from FFIEC call reports. How we update
Bedford Federal Savings Bank is an FDIC-insured savings bank headquartered in Bedford, IN, established in 1934 (FDIC certificate 29024), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $303.0M, up 9.9% from Q2 2025, the 62nd largest of 87 banks headquartered in Indiana. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.96% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 29024
- Headquarters
- Bedford, IN
- Established
- 1934
- Total assets, Q2 2026
- $303.0M
- Assets vs Q2 2025
- +9.9%
- Tier 1 leverage ratio, Q2 2026
- 9.96%
- Domestic offices
- 2 FDIC institution directory, current count
- Routing number
- 283971600
- Latest call report
- Q2 2026, FFIEC 051 · Bedford Federal Savings Bank call report
- Asset rank in state
- 62nd of 87 in Indiana
Bedford Federal Savings Bank, based in Bedford, Indiana, reported $303 million in assets at June 30, 2026, up 9.9% from a year earlier. It carries problem assets equal to 12.8% of the capital and reserves that would absorb them, 4.8 times the median of 2.6% for the 2,660 banks with $100 million to $1 billion in assets. On the other hand, it spends about 47 cents to bring in each dollar of revenue, lower than about three-quarters of banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $1.3 million, 40% above the same quarter a year earlier. Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 1.69% of loans, down from 2.01% a year earlier. Funding is the softer spot: it pays an average of 2.37% on its deposits and borrowings, higher than about three-quarters of banks its size (median 1.80%).
As of June 30, 2026, Bedford Federal Savings Bank reported a return on assets of 1.64%, a nonperforming-loan ratio of 1.69% and a Texas ratio of 12.76%. The figures come from its call report filed with the FFIEC.
Of the 87 banks headquartered in Indiana, Bedford Federal Savings Bank is the 62nd largest by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 6.1% to $303.0M, loans rose 2.2% and deposits rose 6.6%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 58.2% of total loans, followed by construction and land development loans at 18.3%. Its 2 offices in the FDIC Summary of Deposits are in Bedford, IN. By the capital ratios in its Q2 2026 call report, Bedford Federal Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 1030 15th St, Bedford, IN 47421
- County
- Lawrence
- Metro Area
- Bedford, IN
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 8, St. Louis
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- July 1, 1934
- Domestic offices
- 2 FDIC institution directory, current count
- Employees (FTE)
- 32
- Domestic deposits
- $261.7M
- Allowance for credit losses
- $2.3M
- Net charge-offs (YTD)
- $96K
- Average total assets
- $305.7M
- Average total loans
- $233.7M
- Average interest-bearing deposits
- $223.7M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29024
- Fed RSSD
- 946274
- Website
- www.bedfed.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Bedford Federal Savings Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Bedford Federal Savings Bank's total assets ran between $211.7M (Q3 2023) and $303.0M (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$303.0M total assets against $275.7M; $273.1M total liabilities against $249.7M.
$241.8M net loans and leases against $218.9M; $261.7M total deposits against $238.5M.
$5.6M securities against $6.5M; $36.6M cash and balances due against $32.6M.
$4.6M total interest income against $4.1M; $1.6M total interest expense against $1.6M.
$3.0M net interest income against $2.5M.
$592K total noninterest income against $438K; $1.7M total noninterest expense against $1.6M.
$217K provision for credit losses against $121K.
$1.3M net income against $899K.
1.64% return on assets against 1.27%; 4.17% net interest margin against 3.68%.
9.96% tier 1 leverage ratio against 9.41%.
Inside the full Bedford Federal Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeBedford Federal Savings Bank rankings
Its closest position to the top of a national ranking is 428 of 3,640, for Texas Ratio; its furthest is 2,443 of 4,196, for total assets.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.82% (Q3 2024) to 1.64% (Q2 2026) and its net interest margin ran from 3.67% (Q1 2025) to 4.17% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.96% | 1.64% | 1.69% | 12.76% | 4.17% |
| Q1 2026 | 10.26% | 1.52% | 1.85% | 14.31% | 3.93% |
| Q4 2025 | 9.66% | 1.34% | 2.00% | 15.55% | 3.84% |
| Q3 2025 | 9.73% | 0.82% | 1.71% | 13.46% | 3.90% |
| Q2 2025 | 9.41% | 1.27% | 2.01% | 15.82% | 3.68% |
| Q1 2025 | 9.85% | 0.94% | 1.75% | 13.71% | 3.67% |
| Q4 2024 | 9.52% | 1.12% | 1.49% | 11.73% | 3.69% |
| Q3 2024 | 10.17% | 0.82% | 1.51% | 11.42% | 3.82% |
Swipe the table sideways to see every column.
Branch Network
View all 2 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Bedford Federal Savings Bank (main office) | Bedford , IN | 47421 | $216.0M |
| John Williams Boulevard Branch | Bedford , IN | 47421 | $45.7M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in IN, rank 82 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Bedford Federal Savings Bank
What are Bedford Federal Savings Bank's total assets?
As of the Q2 2026 filing, Bedford Federal Savings Bank reported total assets of $303.0 million in its FFIEC call report.
Where is Bedford Federal Savings Bank headquartered?
It is headquartered in Bedford, IN, United States.
When was Bedford Federal Savings Bank founded?
It was established in 1934, per the FDIC institution directory.
Is Bedford Federal Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #29024). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Bedford Federal Savings Bank?
Bedford Federal Savings Bank's primary federal regulator is the FDIC.
How many branches does Bedford Federal Savings Bank operate?
It operates 2 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Bedford Federal Savings Bank's Texas Ratio?
Its Texas Ratio is 12.76% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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