TellerScore

Headquartered in Ottawa, Illinois, First Federal Savings Bank is a savings bank with $421.9M in total assets and $325.2M in deposits as of Q2 2026. It operates 11 offices. Its charter dates back to 1889.

First Federal Savings Bank has a TellerScore of 57 out of 100 (moderate) based on Q2 2026 data — higher than only 14% of its 2,650 banks with $100 million – $1 billion. Among 326 banks headquartered in Illinois, it ranks 267th. Problem-loan coverage contributes the most (84/100, 8.1%); earnings contributes the least (36/100, 0.40%).

TellerScore · Q2 2026

Scorecard

Capital cushion57/100
Tier 1 leverage ratio: 10.69%
Loan quality56/100
Noncurrent loans ÷ total loans: 1.32%
Earnings36/100
Return on assets (annualized): 0.40%
Funding & liquidity69/100
Loans ÷ deposits and uninsured-deposit share: 91.6% · 11.6% uninsured
Problem-loan coverage84/100
"Texas ratio": (noncurrent loans + foreclosed property) ÷ (equity + loan-loss reserves): 8.10%

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 rose 5 points (52 → 57), mostly because the earnings component improved by 10 points.

TellerScore
485358Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202456
Q3 202456
Q4 202456
Q1 202548
Q2 202552
Q3 202558
Q4 202553
Q1 202656
Q2 202657
Tier 1 leverage ratio
5.00%7.97%10.93%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTier 1 leverage ratio
Q2 202410.86%
Q3 202410.93%
Q4 202410.60%
Q1 202510.04%
Q2 202510.22%
Q3 202510.54%
Q4 202510.60%
Q1 202610.49%
Q2 202610.69%
Noncurrent loans
1.01%1.48%1.96%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNoncurrent loans
Q2 20241.11%
Q3 20241.11%
Q4 20241.09%
Q1 20251.96%
Q2 20251.54%
Q3 20251.01%
Q4 20251.58%
Q1 20261.35%
Q2 20261.32%
Return on assets
0.00%0.20%0.40%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.02%
Q3 20240.03%
Q4 20240.00%
Q1 20250.06%
Q2 20250.16%
Q3 20250.19%
Q4 20250.21%
Q1 20260.34%
Q2 20260.40%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202657$421.9M10.69%1.32%0.40%91.6%
Q1 202656$425.9M10.49%1.35%0.34%88.4%
Q4 202553$422.7M10.60%1.58%0.21%86.8%
Q3 202558$418.6M10.54%1.01%0.19%87.4%
Q2 202552$426.6M10.22%1.54%0.16%85.5%
Q1 202548$439.5M10.04%1.96%0.06%81.3%
Q4 202456$414.4M10.60%1.09%0.00%90.2%
Q3 202456$396.5M10.93%1.11%0.03%97.5%
Q2 202456$398.0M10.86%1.11%0.02%95.5%

2,650 peers · $100 million – $1 billion

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 ratio10.69%
45th
Total risk-based capital0.00%
24th
Problem loans1.32%
21st
Net charge-offs-0.06%
96th
Return on assets0.40%
10th
Net interest margin3.11%
13th
Efficiency ratio78.0%
16th
Loans to deposits91.6%
23rd
Uninsured deposits11.6%
91st
Loan-loss reserves1.29%
62nd
Texas ratio8.1%
23rd

Similar-size banks in Illinois

InstitutionScoreAssetsCapitalProblem loansCompare
Union National Bank and Trust Company of ElginBank Elgin, IL73 out of 100, Strong$421.8M9.9%0.00%vs
The First National Bank of AllendaleBank Allendale, IL69 out of 100, Moderate$421.2M9.8%0.17%vs
First National Bank of BrookfieldBank Brookfield, IL82 out of 100, Strong$419.6M13.0%0.00%vs
Devon BankBank Chicago, IL50 out of 100, Below average$418.6M6.3%0.27%vs
Alliance Community BankBank Petersburg, IL70 out of 100, Strong$414.5M9.1%0.55%vs
Community Savings BankBank Chicago, IL75 out of 100, Strong$410.2M13.5%0.20%vs

Deposit insurance

Is my money safe at First Federal Savings Bank?

Yes. First Federal Savings Bank is an FDIC-insured institution (FDIC certificate #28924). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

An estimated 11.6% of deposits ($37.8M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.

The tier 1 leverage ratio is 10.69%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 0.00% (benchmark: 10%).

Check how much of your own balance is covered

11 locations

Branches

First Federal Savings Bank lists 11 offices in 10 cities. Most locations:

All branch addresses and map

HMDA 2025

Mortgage lending

In 2025, First Federal Savings Bank reported 318 home-loan applications under HMDA (LEI 5493003617RJR4JUYT66): 254 originated ($64,860,000 total), 19 denied, and 40 withdrawn or closed by the applicant. Its denial rate on decided applications was 6.8%, compared with 22.2% for all lenders nationwide.

Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.

Identity & history

Profile

Legal name
First Federal Savings Bank
Former names
First Federal Savings and Loan Association of Ottawa
Type
Savings bank
FDIC certificate #
28924
RSSD ID
771878
Primary regulator
OCC
Established
January 1, 1889
Headquarters
633 La Salle St, Ottawa, IL 61350
Employees
95

Quick answers

First Federal Savings Bank: common questions

Is First Federal Savings Bank FDIC insured?

Yes. First Federal Savings Bank is an FDIC-insured institution (FDIC certificate #28924). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.

What is First Federal Savings Bank's TellerScore?

57 out of 100 (Moderate), 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 Bank ever failed?

There is no failure record for FDIC certificate #28924 in the FDIC failed bank list.

How many branches does First Federal Savings Bank have?

11 offices as of the latest FDIC data.

Nearby

Highest-scoring banks and credit unions with branches near Ottawa

InstitutionScoreAssetsCapitalProblem loansCompare
Ottawa Hiway Credit UnionCredit union Ottawa, IL100 out of 100, Very strong$16.3M16.7%0.00%vs
Peru Federal Savings BankBank Peru, IL87 out of 100, Very strong$208.5M16.4%0.28%vs
Financial Plus Credit UnionCredit union Ottawa, IL84 out of 100, Strong$607.4M13.2%0.45%vs
Streator Onized Credit UnionCredit union Streator, IL84 out of 100, Strong$423.3M15.6%0.47%vs
Spring Valley City BankBank Spring Valley, IL84 out of 100, Strong$207.0M13.9%0.18%vs
North Central BankBank Hennepin, IL82 out of 100, Strong$165.9M12.3%0.26%vs