First Federal Bank of Wi
Waukesha, Wisconsin · FDIC Cert #30422
First Federal Bank of Wi is an FDIC-insured bank (Certificate #30422) with $307M in total assets and $232M in total deposits as of the Q2 2024 Call Report. Headquartered in Waukesha, Wisconsin, the bank maintains a Tier 1 capital ratio of 24.57% (Well-Capitalized) and a nonperforming loan ratio of 0.04%. BankHealthData assigns a composite Health Grade of A (80/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
First Federal Bank of Wi (FDIC cert 30422) is a community bank — $307M in total assets, $232M in deposits, serving the Waukesha, Wisconsin area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 24.57% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.04% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is thin: 14.6% liquid-asset ratio. Banks with thin liquidity buffers can face stress during deposit-outflow events or asset-quality shocks.
Profitability is solid: ROA of 0.98% sits at or near the 1% benchmark for healthy U.S. banks. Net interest income, fee income, and operating efficiency are all in workable shape. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. First Federal Bank of Wi carries a composite BankHealth grade of A (80/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: First Federal Bank of Wi
- Total Assets
- $307M
- Total Deposits
- $232M
- Tier 1 Capital Ratio
- 24.57%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.04%
- Liquidity Ratio
- 14.57%
- Return on Assets
- 0.98%
- Headquarters
- Waukesha, Wisconsin
- FDIC Certificate
- #30422
- Health Grade
- A (80/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, First Federal Bank of Wi holds a Tier 1 capital ratio of 24.57%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning First Federal Bank of Wi has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
First Federal Bank of Wi shows strong financial health indicators. With $307M in assets and a Health Score of 80/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How First Federal Bank of Wi Compares
First Federal Bank of Wi’s Health Score of 80 is 13 points above the Wisconsin state average of 67 across 141 FDIC-insured banks. Its 24.57% Tier 1 capital ratio is 10.6 points above the US banking industry average near 14%. The 0.04% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.98% is below the national ROA benchmark of ~1.1%. Among 1600 similarly-sized banks, the average Health Score is 69, meaning this bank ranks above its size cohort. Site-wide, First Federal Bank of Wi is 10 points above the portfolio average of 70.
Frequently Asked Questions
First Federal Bank of Wi has a Bank Health Score of A (80/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 24.57%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. First Federal Bank of Wi's Tier 1 capital ratio of 24.57% and nonperforming loan ratio of 0.04% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at First Federal Bank of Wi is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #30422). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
First Federal Bank of Wi holds $307M in total assets and $232M in total deposits. It is headquartered in Waukesha, Wisconsin (FDIC Certificate #30422).
First Federal Bank of Wi has a Tier 1 capital ratio of 24.57%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.04%, and the return on assets is 0.98%.
Yes. First Federal Bank of Wi is FDIC-insured (Certificate #30422). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
First Federal Bank of Wi's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.