First Federal Bank of the Midwest
Defiance, OH · Cert 29845 · Peer group: banks $1B-$10B in assets operating regionally (n=184)
FDIC · 74 branches
Q4 2024
$8.6BAssets
$6.6BLoans
$6.9BDeposits
$1.0BEquity
Executive Summary
- Strongest standing: equity / assets outperforms 84% of banks $1B-$10B in assets operating regionally (rank 30 of 184).
- Widest gap: nonperforming loans / loans trails 88% of banks $1B-$10B in assets operating regionally (rank 163 of 184).
- Overall: at or above the peer median on 5 of 9 directional measures.
Return on Assets
0.88%
Rank 101 of 184
Net Interest Margin
2.46%
Rank 155 of 184
Efficiency Ratio
62.48%
Rank 82 of 184
Equity / Assets
12.09%
Rank 30 of 184
Non-interest income vs. expense
Unfavorable gap of $113.1M · efficiency ratio beats 56% of banks $1B-$10B in assets operating regionally | Metric | Your Bank | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.88% | 0.68% | 0.94% | 1.26% | Beats 45% | 101 / 184 | | |
| Return on Equity | 7.25% | 7.07% | 9.96% | 12.68% | Beats 27% | 135 / 184 | | |
| Net Interest Margin | 2.46% | 2.67% | 3.05% | 3.54% | Beats 16% | 155 / 184 | | |
| Efficiency Ratio | 62.48% | 57.81% | 64.48% | 72.04% | Beats 56% | 82 / 184 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.24% | 0.22% | 0.50% | 0.86% | Beats 12% | 163 / 184 | | |
| Net Charge-Offs / Loans | 0.09% | 0.04% | 0.10% | 0.20% | Beats 52% | 90 / 184 | | |
| Capital |
| Tier 1 Capital Ratio | 13.14% | 11.17% | 12.31% | 13.89% | Beats 65% | 65 / 184 | | |
| Total Risk-Based Capital Ratio | 14.28% | 12.14% | 13.33% | 15.02% | Beats 67% | 60 / 184 | | |
| Equity / Assets | 12.09% | 8.40% | 9.63% | 11.18% | Beats 84% | 30 / 184 | | |
| Liquidity & Funding |
| Loans / Deposits | 95.45% | 79.95% | 89.38% | 96.14% | 71st pctl | 53 / 184 | | |
| Loans / Assets | 76.92% | 68.21% | 75.37% | 80.72% | 55th pctl | 82 / 184 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |