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First Federal Savings and Loan Association of Van Wert, OH

Van Wert, OH · Cert 29135 · First FS&LA of Van Wert MHC

State savings bank · OCC · 2 branches

Q2 2026

$197.4MAssets
$140.1MLoans
$169.6MDeposits
$24.9MEquity
Loan mix
94%RE $126.2M5%C&I $6.3M2%Consumer $2.2MQ2 2025Q2 2026
Deposit mix
88%Interest-bearing $149.1M12%Noninterest $20.5MQ2 2025Q2 2026

NIM

3.87%Q2 ’244.18%Q2 ’254.39%Q2 ’26-4%+22%

Non-interest income vs. expense

2.34%Q2 ’243.14%Q2 ’252.67%Q2 ’26+37%-25%

Executive Summary

  • Earnings: ROA of 0.59%, up 128 bps year over year; NIM at 2.77%.
  • Asset quality: problem loans at 1.32% of loans (+73 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 13.52%, down 66 bps from a year ago.
  • Funding: loans stand at 82.60% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.59%+128 bps YoY

Net Interest Margin (YTD, annualized)

2.77%+49 bps YoY

Efficiency Ratio (YTD, annualized)

82.31%-4,359 bps YoY

Tier 1 Leverage Ratio

13.52%-66 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.69%-0.41%-0.29%0.77%0.59%+128 bps
Return on Equity-5.26%-3.14%-2.20%6.04%4.65%+990 bps
Net Interest Margin2.28%2.32%2.33%2.74%2.77%+49 bps
Efficiency Ratio125.89%114.72%109.76%78.14%82.31%-4,359 bps
Non-Interest Burden2.92%2.70%2.58%1.98%2.19%-73 bps
Growth
Asset Growth (YoY)8.86%7.63%4.46%7.93%7.23%-163 bps
Loan Growth (YoY)9.03%7.32%9.96%14.41%14.05%+502 bps
Deposit Growth (YoY)14.47%12.83%8.03%8.73%7.44%-703 bps
Asset Quality
Nonperforming Loans / Loans0.59%1.23%1.42%1.48%1.32%+73 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.20%0.20%0.21%0.20%0.19%-1 bps
Allowance Coverage of NPLs0.3x0.2x0.1x0.1x0.1x-0.2x
Capital
Tier 1 Leverage Ratio14.18%13.90%13.61%13.62%13.52%-66 bps
Total Risk-Based Capital14.18%13.90%13.61%13.62%13.52%-66 bps
Equity / Assets12.90%12.79%12.83%12.63%12.59%-31 bps
Liquidity & Funding
Loans / Deposits77.81%77.69%78.31%80.56%82.60%+479 bps
Liquid Assets / Assets4.30%4.54%4.64%2.64%1.49%-281 bps
CRE / Total Capitaln/a54.73%53.96%68.67%n/an/a