First Federal Savings and Loan Association (Ravenswood, WV)
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Data as of · sourced from FFIEC call reports. How we update
First Federal Savings and Loan Association is an FDIC-insured savings institution headquartered in Ravenswood, WV, established in 1934 (FDIC certificate 29490), and it is supervised by the OCC. At Q2 2026 it reported total assets of $26.3M, up 2.4% from Q2 2025, the 40th largest of 40 banks headquartered in West Virginia. Its CET1 capital ratio was 23.15% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 29490
- Headquarters
- Ravenswood, WV
- Established
- 1934
- Total assets, Q2 2026
- $26.3M
- Assets vs Q2 2025
- +2.4%
- CET1 ratio, Q2 2026
- 23.15%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 251572976
- Latest call report
- Q2 2026, FFIEC 051 · First Federal Savings and Loan Association call report
- Asset rank in state
- 40th of 40 in West Virginia
First Federal Savings and Loan Association, based in Ravenswood, West Virginia, reported $26 million in assets at June 30, 2026, up 2.4% from a year earlier. It keeps 2.37 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 3.87 cents). It also pays an average of 3.14% on its deposits and borrowings, about double the median of 1.53% for banks its size.
Net income for the quarter rose 26% from a year earlier, to $24,000. Problem loans, meaning loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 1.11% of loans from 0.85% a year earlier. Where it has less room is capital: it funds 10.43% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 13.06%).
As of June 30, 2026, First Federal Savings and Loan Association reported a CET1 capital ratio of 23.15%, a return on assets of 0.36%, a nonperforming-loan ratio of 1.11% and a Texas ratio of 7.57%. The figures come from its call report filed with the FFIEC.
Of the 40 banks headquartered in West Virginia, First Federal Savings and Loan Association is the smallest by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 3.1% to $26.3M, loans fell 0.6% and deposits fell 3.0%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 87.5% of total loans, followed by owner-occupied commercial real estate loans at 7.0%. The FDIC Summary of Deposits lists a single office for it, in Ravenswood, WV. By the capital ratios in its Q2 2026 call report, First Federal Savings and Loan Association meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 712 Washington St, Ravenswood, WV 26164
- County
- Jackson
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- —
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1934
- Former names
- First Federal Savings & Loan Association of Ravenswood (2004); First FS & LA of Ravenswood (2002-2004)
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 3
- Domestic deposits
- $23.5M
- Allowance for credit losses
- $113K
- Net charge-offs (YTD)
- $0
- Average total assets
- $26.5M
- Average total loans
- $19.7M
- Average interest-bearing deposits
- $23.4M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29490
- Fed RSSD
- 441470
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
From Q3 2023 to Q2 2026, First Federal Savings and Loan Association's total assets ranged from $24.2M (Q3 2023) to $27.1M (Q1 2026), and it earned a profit in 7 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$26.3M total assets against $25.7M; $23.5M total liabilities against $23.0M.
$19.6M net loans and leases against $19.7M; $23.5M total deposits against $22.9M.
$2K securities against $3K; $6.2M cash and balances due against $5.4M.
$338K total interest income against $332K; $184K total interest expense against $192K.
$154K net interest income against $140K.
$5K total noninterest income against $1K; $128K total noninterest expense against $122K.
$0 provision for credit losses against $0.
$24K net income against $19K.
0.36% return on assets against 0.30%; 2.37% net interest margin against 2.27%.
23.15% CET1 capital ratio against 23.05%; 10.43% tier 1 leverage ratio against 10.51%.
Inside the full First Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
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Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from -0.11% (Q3 2024) to 0.36% (Q2 2026) and its net interest margin ran from 1.92% (Q4 2024) to 2.39% (Q3 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 23.15% | 0.36% | 1.11% | 7.57% | 2.37% |
| Q1 2026 | 22.89% | 0.24% | 1.10% | 7.60% | 2.16% |
| Q4 2025 | 22.51% | 0.27% | 0.52% | 3.73% | 2.30% |
| Q3 2025 | 22.59% | 0.32% | 0.52% | 3.65% | 2.39% |
| Q2 2025 | 23.05% | 0.30% | 0.85% | 6.00% | 2.27% |
| Q1 2025 | 23.01% | 0.00% | 1.45% | 10.24% | 2.10% |
| Q4 2024 | 23.05% | -0.06% | 0.89% | 6.32% | 1.92% |
| Q3 2024 | 22.72% | -0.11% | 0.87% | 6.31% | 2.01% |
Swipe the table sideways to see every column.
Branch Network
View the branch → 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 |
|---|---|---|---|
| First Federal Savings & Loan Association of Ravenswood | Ravenswood , WV | 26164 | $23.5M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in WV, rank 63 of 65 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 First Federal Savings and Loan Association
What are First Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, First Federal Savings and Loan Association reported total assets of $26.3 million in its FFIEC call report.
Where is First Federal Savings and Loan Association headquartered?
It is headquartered in Ravenswood, WV, United States.
When was First Federal Savings and Loan Association founded?
It was established in 1934, per the FDIC institution directory.
Is First Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29490). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Federal Savings and Loan Association?
First Federal Savings and Loan Association's primary federal regulator is the OCC.
What is First Federal Savings and Loan Association's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 23.15% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Federal Savings and Loan Association operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 7.57% 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.
What was First Federal Savings and Loan Association previously called?
The charter now named First Federal Savings and Loan Association has also operated as First Federal Savings & Loan Association of Ravenswood (2004), First FS & LA of Ravenswood (2002-2004), per FDIC structure-change records.
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