First Central Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
First Central Savings Bank is an FDIC-insured savings bank headquartered in Glen Cove, NY, established in 1999 (FDIC certificate 34969), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.03B, up 3.9% from Q2 2025, the 51st largest of 105 banks headquartered in New York. Its CET1 capital ratio was 14.32% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 34969
- Headquarters
- Glen Cove, NY
- Established
- 1999
- Total assets, Q2 2026
- $1.03B
- Assets vs Q2 2025
- +3.9%
- CET1 ratio, Q2 2026
- 14.32%
- Domestic offices
- 10 FDIC institution directory, current count
- Routing number
- 026072973
- Holding company
- FIRST CENTRAL BANCORP, INC.
- Asset rank in state
- 51st of 105 in New York
First Central Savings Bank, based in Glen Cove, New York, reported $1.0 billion in assets at June 30, 2026, up 3.9% from a year earlier. It carries problem assets equal to 15.3% of the capital and reserves that would absorb them, 4.3 times the median of 3.6% for the 895 banks with $1 billion to $10 billion in assets. It also pays an average of 2.64% on its deposits and borrowings, higher than about three-quarters of banks its size (median 2.01%).
Earnings jumped: net income for the quarter was $2.3 million, 46% above the same quarter a year earlier. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.19% of loans from 1.00% a year earlier. Costs are the weak spot: it spends about 69 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 58 cents).
As of June 30, 2026, First Central Savings Bank reported a CET1 capital ratio of 14.32%, a return on assets of 0.92%, a nonperforming-loan ratio of 1.19% and a Texas ratio of 15.33%. The figures come from its call report filed with the FFIEC.
First Central Savings Bank ranks as the 51st largest of the 105 banks based in New York, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 6.8% to $1.03B, loans rose 4.1% and deposits rose 7.7%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 59.7% of total loans, followed by non-owner-occupied commercial real estate loans at 21.0%. Its 10 offices in the FDIC Summary of Deposits are in 8 cities in NY; its Glen Cove 2 offices book 23% of its branch deposits. Judged on its Q2 2026 call report, First Central Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 70 Glen St, Glen Cove, NY 11542
- County
- Nassau
- Metro Area
- New York-Newark-Jersey City, NY-NJ
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- April 5, 1999
- Domestic offices
- 10 FDIC institution directory, current count
- Employees (FTE)
- 107
- Domestic deposits
- $891.0M
- Allowance for credit losses
- $7.9M
- Net charge-offs (YTD)
- -$26K
- Average total assets
- $996.2M
- Average total loans
- $882.4M
- Average interest-bearing deposits
- $687.3M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- April 5, 1999
- FDIC Cert
- 34969
- Fed RSSD
- 2797359
- SEC CIK
- 2154719 → filed by FIRST CENTRAL BANCORP, INC.
- Website
- http://FIRSTCENTRALSAVINGS.COM →
- Parent Holding Company
- FIRST CENTRAL BANCORP, INC. (RSSD 6028323)
Profitability
Q2 annualizedCapital & Liquidity
Balance 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. How we compute these figures
Quarterly trends
First Central Savings Bank's total assets moved between a low of $953.6M (Q3 2023) and a high of $1.03B (Q2 2026) from Q3 2023 to 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
$1.03B total assets against $986.7M; $925.9M total liabilities against $895.2M.
$888.1M net loans and leases against $866.2M; $891.0M total deposits against $859.0M.
$30.5M securities against $32.4M; $63.8M cash and balances due against $50.3M.
$14.6M total interest income against $14.7M; $5.9M total interest expense against $6.8M.
$8.8M net interest income against $7.9M.
$1.8M total noninterest income against $2.3M; $7.3M total noninterest expense against $6.9M.
$372K provision for credit losses against $1.3M.
$2.3M net income against $1.6M.
0.92% return on assets against 0.64%; 3.64% net interest margin against 3.30%.
14.32% CET1 capital ratio against 13.86%; 10.30% tier 1 leverage ratio against 9.64%.
Inside the full First Central Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
First Central Savings Bank rankings
Its closest position to the top of a national ranking is 300 of 3,640, for Texas Ratio; its furthest is 2,664 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.37% (Q3 2024) to 1.13% (Q3 2025) and its net interest margin ran from 2.82% (Q3 2024) to 3.64% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 14.32% | 0.92% | 1.19% | 15.33% | 3.64% |
| Q1 2026 | 14.61% | 1.02% | 1.25% | 10.27% | 3.49% |
| Q4 2025 | 14.44% | 1.05% | 1.73% | 14.38% | 3.30% |
| Q3 2025 | 14.14% | 1.13% | 0.96% | 8.03% | 3.33% |
| Q2 2025 | 13.86% | 0.64% | 1.00% | 8.72% | 3.30% |
| Q1 2025 | 13.38% | 0.73% | 1.80% | 16.10% | 3.10% |
| Q4 2024 | 13.42% | 0.82% | 1.37% | 12.12% | 2.90% |
| Q3 2024 | 13.20% | 0.37% | 0.55% | 5.01% | 2.82% |
Swipe the table sideways to see every column.
Branch Network
View all 10 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 |
|---|---|---|---|
| Glen Cove Branch | Glen Cove , NY | 11542 | $200.5M |
| Whitestone Branch | Whitestone , NY | 11357 | $198.7M |
| Astoria Branch | Astoria , NY | 11103 | $111.4M |
| Forest Hills Branch | Forest Hills , NY | 11375 | $82.9M |
| Huntington Branch Office | Huntington , NY | 11743 | $78.8M |
| Lynbrook Branch | Lynbrook , NY | 11563 | $66.0M |
| Main Street Branch | Flushing , NY | 11367 | $61.4M |
| Bell Boulevard Branch | Bayside , NY | 11361 | $56.6M |
| Ditmars Branch | Astoria , NY | 11105 | $34.6M |
| First Central Savings Bank (main office) | Glen Cove , NY | 11542 | $0 |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in NY, rank 83 of 176 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 5 loans, $1.5M approved, $294K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), 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 First Central Savings Bank
What are First Central Savings Bank's total assets?
As of the Q2 2026 filing, First Central Savings Bank reported total assets of $1.03 billion in its FFIEC call report.
Where is First Central Savings Bank headquartered?
It is headquartered in Glen Cove, NY, United States.
When was First Central Savings Bank founded?
It was established in 1999, per the FDIC institution directory.
Is First Central Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #34969). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Central Savings Bank?
First Central Savings Bank's primary federal regulator is the FDIC.
What is First Central Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.32% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Central Savings Bank operate?
It operates 10 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Central Savings Bank's Texas Ratio?
Its Texas Ratio is 15.33% 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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