First Federal Savings Bank (Rochester, IN)
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Data as of · sourced from FFIEC call reports. How we update
First Federal Savings Bank is an FDIC-insured savings institution headquartered in Rochester, IN, established in 1965 (FDIC certificate 31516), and it is supervised by the OCC. At Q2 2026 it reported total assets of $686.6M, up 5.6% from Q2 2025, the 31st largest of 87 banks headquartered in Indiana. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.31% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 31516
- Headquarters
- Rochester, IN
- Established
- 1965
- Total assets, Q2 2026
- $686.6M
- Assets vs Q2 2025
- +5.6%
- Tier 1 leverage ratio, Q2 2026
- 9.31%
- Domestic offices
- 6 FDIC institution directory, current count
- Routing number
- 274970827
- Latest call report
- Q2 2026, FFIEC 051 · First Federal Savings Bank call report
- Holding company
- AMERICAN MIDWEST FINANCIAL CORPORATION
- Asset rank in state
- 31st of 87 in Indiana
First Federal Savings Bank, based in Rochester, Indiana, reported $687 million in assets at June 30, 2026, up 5.6% from a year earlier. It grew deposits 13.3% over the year, about triple the median of 4.0% for the 2,660 banks with $100 million to $1 billion in assets. It also funds 9.31% of its assets with Tier 1 capital, lower than about three-quarters of banks its size (median 10.99%).
Earnings jumped: net income for the quarter was $1.9 million, 42% above the same quarter a year earlier. Over the same year, loans grew 5.6% and deposits grew 13.3%. Costs are the weak spot: it spends about 72 cents to bring in each dollar of revenue, higher than about three-quarters of banks its size (median 61 cents).
As of June 30, 2026, First Federal Savings Bank reported a return on assets of 1.11%, a nonperforming-loan ratio of 0.94% and a Texas ratio of 6.30%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First Federal Savings Bank is the 31st largest of the 87 banks headquartered in Indiana. Quarter on quarter (Q1 2026 to Q2 2026), its total assets fell 0.5% to $686.6M, loans rose 0.3% and deposits fell 2.7%. The largest part of its loan book on June 30, 2026 was 1-4 family residential loans, at 75.2% of total loans, ahead of construction and land development loans at 9.2%. The FDIC Summary of Deposits lists 6 offices for it, in 6 cities in IN; its Rochester office books 47% of its branch deposits. On its Q2 2026 call report, First Federal Savings Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 301 E 9th St, Rochester, IN 46975
- County
- Fulton
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- —
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 051
- Established
- January 1, 1965
- Domestic offices
- 6 FDIC institution directory, current count
- Employees (FTE)
- 129
- Domestic deposits
- $540.4M
- Allowance for credit losses
- $6.1M
- Net charge-offs (YTD)
- $0
- Average total assets
- $696.1M
- Average total loans
- $593.5M
- Average interest-bearing deposits
- $435.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 31516
- Fed RSSD
- 257578
- Website
- www.firstfederalbanking.com →
- Parent Holding Company
- AMERICAN MIDWEST FINANCIAL CORPORATION (RSSD 2389996)
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, First Federal Savings Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Federal Savings Bank's total assets ranged from $629.1M (Q1 2025) to $690.3M (Q1 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
$686.6M total assets against $650.0M; $623.5M total liabilities against $590.9M.
$587.9M net loans and leases against $556.4M; $540.4M total deposits against $477.0M.
$18.0M securities against $17.1M; $19.7M cash and balances due against $23.9M.
$8.8M total interest income against $8.0M; $3.3M total interest expense against $3.4M.
$5.5M net interest income against $4.6M.
$3.0M total noninterest income against $2.5M; $6.2M total noninterest expense against $5.3M.
$55K provision for credit losses against $147K.
$1.9M net income against $1.4M.
1.11% return on assets against 0.85%; 3.49% net interest margin against 3.04%.
9.31% tier 1 leverage ratio against 9.63%.
Inside the full First Federal 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.
First Federal Savings Bank rankings
Its closest position to the top of a national ranking is 1,078 of 3,640, for Texas Ratio; its furthest is 2,893 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.43% (Q3 2024) to 1.11% (Q2 2026) and its net interest margin ran from 2.53% (Q3 2024) to 3.49% (Q2 2026).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.31% | 1.11% | 0.94% | 6.30% | 3.49% |
| Q1 2026 | 9.21% | 0.82% | 0.95% | 6.12% | 3.30% |
| Q4 2025 | 9.24% | 0.90% | 0.88% | 6.32% | 3.36% |
| Q3 2025 | 9.53% | 0.83% | 0.99% | 6.51% | 3.21% |
| Q2 2025 | 9.63% | 0.85% | 0.75% | 5.45% | 3.04% |
| Q1 2025 | 9.19% | 0.80% | 1.01% | 7.53% | 2.86% |
| Q4 2024 | 8.84% | 0.82% | 1.09% | 7.51% | 2.85% |
| Q3 2024 | 8.70% | 0.43% | 1.17% | 8.35% | 2.53% |
Swipe the table sideways to see every column.
Branch Network
View all 6 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 |
|---|---|---|---|
| First Federal Savings Bank (main office) | Rochester , IN | 46975 | $254.1M |
| 2113 N Michigan Branch | Plymouth , IN | 46563 | $113.2M |
| 814 U S 35 North Branch | Winamac , IN | 46996 | $69.6M |
| 206 W Plymouth St Branch | Bremen , IN | 46506 | $50.4M |
| Mishawaka Branch | Mishawaka , IN | 46545 | $30.1M |
| 2926 South Main Branch | Elkhart , IN | 46517 | $23.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.2% of deposits in IN, rank 51 of 129 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 1,153 applications, 1,014 loans originated, $228.9M originated, across 8 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 1 loans, $80K approved, $80K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 1999 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, 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 Bank
What are First Federal Savings Bank's total assets?
As of the Q2 2026 filing, First Federal Savings Bank reported total assets of $686.6 million in its FFIEC call report.
Where is First Federal Savings Bank headquartered?
It is headquartered in Rochester, IN, United States.
When was First Federal Savings Bank founded?
It was established in 1965, per the FDIC institution directory.
Is First Federal Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #31516). 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 Bank?
First Federal Savings Bank's primary federal regulator is the OCC.
How many branches does First Federal Savings Bank operate?
It operates 6 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Federal Savings Bank's Texas Ratio?
Its Texas Ratio is 6.30% 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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