First Mutual Bank, FSB
BankRegReports is independent of First Mutual Bank, FSB and never asks for online banking logins or passwords.
Data as of · sourced from FFIEC call reports. How we update
First Mutual Bank, FSB is an FDIC-insured savings institution headquartered in Belpre, OH, established in 1906 (FDIC certificate 29617), and it is supervised by the OCC. At Q2 2026 it reported total assets of $109.9M, down 0.3% from Q2 2025, the 125th largest of 154 banks headquartered in Ohio. Its CET1 capital ratio was 18.65% 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
- 29617
- Headquarters
- Belpre, OH
- Established
- 1906
- Total assets, Q2 2026
- $109.9M
- Assets vs Q2 2025
- -0.3%
- CET1 ratio, Q2 2026
- 18.65%
- Domestic offices
- 4 FDIC institution directory, current count
- Routing number
- 244270191
- Latest call report
- Q2 2026, FFIEC 051 · First Mutual Bank, FSB call report
- Holding company
- FIRST MUTUAL HOLDING CO.
- Asset rank in state
- 125th of 154 in Ohio
First Mutual Bank, FSB spends more to run itself than most banks of its size. The Belpre, Ohio bank had $110 million in assets at June 30, 2026. It earns about $0.38 a year on every $100 of assets, about a third the median of $1.28 for the 2,660 banks with $100 million to $1 billion in assets. It also spends about 83 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 61 cents).
Earnings jumped: net income for the quarter was $109,000, 79% above the same quarter a year earlier. Paper losses on its bond portfolio are shrinking: unrealized losses of $4.7 million equal 44% of Tier 1 capital, down from 52% a year earlier. Its margin is thin by comparison: it keeps 2.68 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.95 cents).
As of June 30, 2026, First Mutual Bank, FSB reported a CET1 capital ratio of 18.65%, a return on assets of 0.38%, a nonperforming-loan ratio of 0.55% and a Texas ratio of 5.04%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First Mutual Bank, FSB is the 125th largest of the 154 banks headquartered in Ohio. Between Q1 2026 and Q2 2026, its total assets fell 0.5% to $109.9M, loans fell 0.4% and deposits fell 0.8%. Its loan book on June 30, 2026 was led by 1-4 family residential loans, at 89.3% of total loans, followed by multifamily loans at 2.8%. Its 3 offices in the FDIC Summary of Deposits are in New Martinsville, WV, Belpre, OH and Parkersburg, WV; its New Martinsville office books 48% of its branch deposits. Judged on its Q2 2026 call report, First Mutual Bank, FSB meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 605 Washington Blvd, Belpre, OH 45714
- County
- Washington
- Metro Area
- Marietta, OH
- 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 4, Cleveland
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- January 1, 1906
- Former names
- Doolin Security Savings Bank, FSB (1990-2018)
- Domestic offices
- 4 FDIC institution directory, current count
- Employees (FTE)
- 21
- Domestic deposits
- $90.6M
- Allowance for credit losses
- $516K
- Net charge-offs (YTD)
- $28K
- Average total assets
- $113.8M
- Average total loans
- $67.5M
- Average interest-bearing deposits
- $84.4M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 29617
- Fed RSSD
- 493077
- SEC CIK
- 1729623 → filed by FIRST MUTUAL HOLDING CO.
- Website
- www.firstmutual.bank →
- Parent Holding Company
- FIRST MUTUAL HOLDING CO. (RSSD 4843090)
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 Mutual Bank, FSB's total assets moved between a low of $109.9M (Q2 2026) and a high of $139.6M (Q1 2024) 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
$109.9M total assets against $110.3M; $99.1M total liabilities against $100.2M.
$67.4M net loans and leases against $70.4M; $90.6M total deposits against $87.9M.
$23.5M securities against $23.5M; $8.5M cash and balances due against $6.3M.
$1.0M total interest income against $1.0M; $318K total interest expense against $302K.
$695K net interest income against $726K.
$117K total noninterest income against $113K; $682K total noninterest expense against $749K.
-$1K provision for credit losses against $21K.
$109K net income against $61K.
0.38% return on assets against 0.21%; 2.68% net interest margin against 2.78%.
18.65% CET1 capital ratio against 17.49%; 9.60% tier 1 leverage ratio against 9.41%.
Inside the full First Mutual Bank, FSB terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst Mutual Bank, FSB rankings
Its closest position to the top of a national ranking is 421 of 2,134, for CET1 ratio; its furthest is 3,343 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.04% (Q3 2024) to 0.41% (Q1 2025) and its net interest margin ran from 1.98% (Q3 2024) to 2.78% (Q2 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 18.65% | 0.38% | 0.55% | 5.04% | 2.68% |
| Q1 2026 | 18.50% | 0.19% | 0.90% | 8.46% | 2.63% |
| Q4 2025 | 18.11% | 0.24% | 0.90% | 8.52% | 2.61% |
| Q3 2025 | 17.21% | 0.17% | 0.48% | 4.75% | 2.74% |
| Q2 2025 | 17.49% | 0.21% | 0.49% | 5.18% | 2.78% |
| Q1 2025 | 17.82% | 0.41% | 0.73% | 7.79% | 2.67% |
| Q4 2024 | 18.00% | 0.18% | 0.42% | 4.99% | 2.41% |
| Q3 2024 | 17.93% | 0.04% | 0.60% | 6.18% | 1.98% |
Swipe the table sideways to see every column.
Branch Network
View all 3 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 |
|---|---|---|---|
| New Martinsville Branch | New Martinsville , WV | 26155 | $43.7M |
| First Mutual Bank, FSB (main office) | Belpre , OH | 45714 | $31.2M |
| 3850 Emerson Ave Branch | Parkersburg , WV | 26104 | $15.7M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 1, 2018 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 1, 2018 | Structure Change | Acquired another institution Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Enforcement actions
- 3 against the institution (OCC (former OTS))
- August 26, 1999, OCC (former OTS): Termination of Cease and Desist: Doolin Security SB, FSB
- December 8, 1997, OCC (former OTS): Decision/Opinion and Order: Doolin Security SB, FSB
- March 31, 1997, OCC (former OTS): Decision/Opinion and Order: Doolin Security SB, FSB
- Period: Most recent institution action August 26, 1999. Source: FDIC, Federal Reserve and OCC enforcement releases.
- Deposit market share
- <0.1% of deposits in OH, rank 177 of 184 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 56 applications, 34 loans originated, $7.9M originated, across 2 states
- Period: Calendar year 2023. Source: FFIEC HMDA loan application register.
- Not on file
- 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
Add this badge to your website
Free to use. It shows First Mutual Bank, FSB’s latest filed figures and updates each quarter.
Similar banks
Frequently asked about First Mutual Bank, FSB
What are First Mutual Bank, FSB's total assets?
As of the Q2 2026 filing, First Mutual Bank, FSB reported total assets of $109.9 million in its FFIEC call report.
Where is First Mutual Bank, FSB headquartered?
It is headquartered in Belpre, OH, United States.
When was First Mutual Bank, FSB founded?
It was established in 1906, per the FDIC institution directory.
Is First Mutual Bank, FSB FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #29617). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Mutual Bank, FSB?
First Mutual Bank, FSB's primary federal regulator is the OCC.
What is First Mutual Bank, FSB's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 18.65% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Mutual Bank, FSB operate?
It operates 4 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Mutual Bank, FSB's Texas Ratio?
Its Texas Ratio is 5.04% 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 Mutual Bank, FSB previously called?
The charter now named First Mutual Bank, FSB has also operated as Doolin Security Savings Bank, FSB (1990-2018), per FDIC structure-change records.
Go deeper on First Mutual Bank, FSB.
Get an email when First Mutual Bank, FSB files its next call report, and benchmark it against any peer you choose.
Unlock First Mutual Bank, FSB, freeFree account