TellerScore

First Federal Savings and Loan Association is a savings bank headquartered in Morehead, Kentucky, in business for about 63 years. At the end of Q2 2026 it reported $41.3M in total assets and $30.3M in deposits, with 1 office.

First Federal Savings and Loan Association has a TellerScore of 54 out of 100 (below average) based on Q2 2026 data — higher than only 13% of its 546 banks with under $100 million in assets. Among 120 banks headquartered in Kentucky, it ranks 111th. Capital cushion contributes the most (100/100, 25.61%); loan quality contributes the least (0/100, 3.07%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Tier 1 leverage ratio: 25.61%
Loan quality0/100
Noncurrent loans ÷ total loans: 3.07%
Earnings42/100
Return on assets (annualized): 0.54%
Funding & liquidity50/100
Loans ÷ deposits and uninsured-deposit share: 120.1% · 4.6% uninsured
Problem-loan coverage79/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 10.27%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score fell 8 points (62 → 54), mostly because the loan quality component weakened by 36 points.

TellerScore
546065Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202465
Q3 202463
Q4 202463
Q1 202564
Q2 202562
Q3 202562
Q4 202558
Q1 202662
Q2 202654
Tier 1 leverage ratio
5.00%15.70%26.39%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202426.39%
Q3 202425.98%
Q4 202425.75%
Q1 202525.87%
Q2 202526.11%
Q3 202525.78%
Q4 202526.38%
Q1 202625.97%
Q2 202625.61%
Noncurrent loans
1.56%2.31%3.07%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.56%
Q3 20241.69%
Q4 20241.70%
Q1 20251.63%
Q2 20251.93%
Q3 20251.84%
Q4 20252.23%
Q1 20262.14%
Q2 20263.07%
Return on assets
0.23%0.43%0.62%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.27%
Q3 20240.26%
Q4 20240.23%
Q1 20250.26%
Q2 20250.33%
Q3 20250.30%
Q4 20250.23%
Q1 20260.62%
Q2 20260.54%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202654$41.3M25.61%3.07%0.54%120.1%
Q1 202662$40.8M25.97%2.14%0.62%122.0%
Q4 202558$40.4M26.38%2.23%0.23%122.4%
Q3 202562$41.4M25.78%1.84%0.30%125.3%
Q2 202562$40.5M26.11%1.93%0.33%125.5%
Q1 202564$39.8M25.87%1.63%0.26%127.9%
Q4 202463$40.5M25.75%1.70%0.23%123.9%
Q3 202463$39.4M25.98%1.69%0.26%125.9%
Q2 202465$38.8M26.39%1.56%0.27%134.3%

546 peers · Under $100 million in assets

How it compares with peers

Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio25.61%
91st
Total risk-based capital42.02%
92nd
Problem loans3.07%
11th
Net charge-offs0.00%
58th
Return on assets0.54%
28th
Net interest margin4.12%
62nd
Efficiency ratio82.6%
27th
Loans to deposits120.1%
2nd
Uninsured deposits4.6%
93rd
Loan-loss reserves1.24%
52nd
Texas ratio10.3%
19th

Similar-size banks in Kentucky

InstitutionScoreAssetsCapitalProblem loansCompare
Citizens Federal Savings and Loan AssociationBank Covington, KY79 out of 100, Strong$41.9M28.0%0.00%vs
Carrollton Federal BankBank Carrollton, KY87 out of 100, Very strong$43.6M15.7%0.00%vs
Cornerstone Community BankBank Owensboro, KY74 out of 100, Strong$44.5M277.2%0.00%vs
Home Savings Bank, FSBBank Ludlow, KY25 out of 100, Low$25.7M10.2%7.46%vs
Pinnacle Bank, Inc.Bank Pikeville, KY67 out of 100, Moderate$57.9M15.7%1.74%vs
Hart County Bank and Trust CompanyBank Munfordville, KY93 out of 100, Very strong$24.1M34.3%0.00%vs

Deposit insurance

Is my money safe at First Federal Savings and Loan Association?

Yes. First Federal Savings and Loan Association is an FDIC-insured institution (FDIC certificate #31409). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 4.6% of deposits ($1.4M) are above the $250,000 FDIC insurance limit, below the peer median of 16%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 25.61%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 42.02% (benchmark: 10%).

Check how much of your own balance is covered

1 location

Branches

First Federal Savings and Loan Association lists 1 office in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
First Federal Savings and Loan Association
Type
Savings bank
FDIC certificate #
31409
RSSD ID
411174
Primary regulator
OCC
Established
August 12, 1963
Headquarters
211 W Main St, Morehead, KY 40351
Employees
6

Quick answers

First Federal Savings and Loan Association: common questions

Is First Federal Savings and Loan Association FDIC insured?

Yes. First Federal Savings and Loan Association is an FDIC-insured institution (FDIC certificate #31409). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Federal Savings and Loan Association's TellerScore?

54 out of 100 (Below average), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

Has First Federal Savings and Loan Association ever failed?

There is no failure record for FDIC certificate #31409 in the FDIC failed bank list.

How many branches does First Federal Savings and Loan Association have?

1 office as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Morehead

InstitutionScoreAssetsCapitalProblem loansCompare
Morehead Community Federal Credit UnionCredit union Morehead, KY88 out of 100, Very strong$65.1M13.5%0.50%vs
Whitaker BankBank Lexington, KY84 out of 100, Strong$1.9B12.9%0.21%vs
Community Trust Bank, Inc.Bank Pikeville, KY80 out of 100, Strong$6.9B13.4%0.58%vs
The First National Bank of GraysonBank Grayson, KY79 out of 100, Strong$371.9M13.0%0.96%vs
The Citizens BankBank Morehead, KY76 out of 100, Strong$228.6M8.7%0.06%vs
Traditional Bank, Inc.Bank Mount Sterling, KY73 out of 100, Strong$2.4B10.6%0.25%vs