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Q2 2026 · read from the 30 June 2026 Call Report · United States · Southeast · Florida, the state note

First Federal Bank

Lake City, Florida · $4.49B in assets · beside the 8 other Florida banks between $3B and $10B

The filing

41.7%
Loans / deposits
1st of 9
0.3x
Coverage of noncurrent
9th of 9
49.3%
CRE / capital
1st of 9

First Federal Bank is the fifth largest of the 9 Florida banks between $3B and $10B, with $4.49B in assets at 30 June 2026. Loans are 41.7% of deposits, the lowest in the cohort against a median of 76.7%, and equity is 10.4% of assets, 5th of 9. Loans grew +4.6% in the year, 7th of 9, and deposits grew 7.1%; the cohort's median loan growth is +9.1%.

Noncurrent loans are 2.96% of the book, 8th of 9 against a median of 0.40%; 0.83% is 30 to 89 days past due, and the allowance covers them 0.3 times. Net charge-offs are 0.11% of loans, 7th of 9. Commercial real estate is 17.1% of loans, 2nd of 9 against a median of 27.4%, and 49% of capital, below the 300% screen, with construction at 12% against the 100% screen.

Return on assets is 1.17%, 6th of 9 against a median of 1.22%, on an efficiency ratio of 66.7%, 8th of 9. Five years ago it was 1.79%. The question this shape raises is what the liquidity earns, and what a rate path does to the securities book and the deposit base.

Loans as a share of depositsFL banks $3B to $10B · 30 June 2026 · lower is stronger, listed first
median 76.7% FF First Federal Bank 41.7% CC Capital City Bank 66.4% BD Banco Do Brasil Americas 70.9% BU Banesco USA 76.7% Bo Bank of Tampa 76.7% BB Bradesco Bank 91.3% US U S Century Bank 93.6% EB Emigrant Bank 95.1% OB Ocean Bank 100.1%
Loans, year over yearFL banks $3B to $10B · 30 June 2026 · no better direction, largest first
median +9.1% BD Banco Do Brasil Americas +16.7% BB Bradesco Bank +15.2% Bo Bank of Tampa +10.6% US U S Century Bank +9.9% OB Ocean Bank +9.1% BU Banesco USA +8.4% FF First Federal Bank +4.6% EB Emigrant Bank -3.8% CC Capital City Bank -4.4%

SBA 7(a), FY2008 to FY2026

First Federal Bank is the 32nd largest 7(a) lender into Florida of 528, with $249M across 301 loans, 0.9% of everything approved in the state (Live Oak Banking Company leads with $1.78B). 99 of its 134 markets have had no approvals since before FY2023: an absence in the record, not a stated withdrawal.

Where it lends in Florida, and where it has gone quietshare movement, FY2023 to FY2025 against FY2020 to FY2022; outlined counties are on the book
Gaining shareLosing shareFlatGone quiet: nothing since FY2023Too thin to read a directionNo record
Every market on the book, largest firstrank and share among every lender in the county, FY2008 to FY2026
CountyApprovedRankShareTrend
Palm Beach, FL$24M26th of 1951.0%quiet FY2020
Nassau, FL$19M3rd of 4412.7%-0.3 pts
Duval, FL$18M16th of 1711.3%-0.3 pts
Broward, FL$15M48th of 2090.5%quiet FY2018
Alachua, FL$15M3rd of 866.5%+2.1 pts
Collier, FL$14M9th of 1362.4%quiet FY2020
Lee, FL$14M22nd of 1691.2%-1.2 pts
Camden, GA$14M2nd of 3810.1%thin
Marion, FL$13M7th of 924.1%-0.9 pts
Beaufort, SC$13M6th of 824.4%+1.8 pts
Orange, FL$9M54th of 2010.4%+0.0 pts
Saint Lucie, FL$9M16th of 1032.2%quiet FY2019
Fulton, GA$8M66th of 2110.3%quiet FY2017
121 smaller markets not shown.
What it lends to: the five largest industries on the bookshare of book is concentration; share of sector and rank are position, among every 7(a) lender nationally
IndustryLoansApprovedShare of bookShare of sectorRank
Accommodation & food services116$116M27.4%0.15%127th of 2,596
Health care & social assistance73$61M14.4%0.13%115th of 2,172
Retail trade62$49M11.5%0.08%184th of 2,589
Other services40$32M7.5%0.09%171st of 2,248
Manufacturing24$26M6.2%0.07%244th of 2,246
7(a) lenders into Florida, share of approvals since FY2008528 lenders on record; the ten largest and First Federal Bank
LO Live Oak Banking Company 6.1% $1.78B · 1,383 loans TB Truist Bank 4.5% $1.31B · 2,609 loans WF Wells Fargo Bank National Associa… 4.3% $1.25B · 5,346 loans TB TD Bank, National Association 3.5% $1.03B · 6,653 loans TH The Huntington National Bank 3.3% $954M · 2,284 loans NB Newtek Bank, National Association 2.6% $757M · 1,920 loans NS Newtek Small Business Finance, In… 2.5% $728M · 1,047 loans SB Southstate Bank, National Associa… 2.4% $700M · 1,040 loans RL Readycap Lending, LLC 2.1% $615M · 1,593 loans PB Pinnacle Bank 2.1% $609M · 729 loans FF First Federal Bank 0.9% $249M · 301 loans

Commercial real estate against capital

Commercial real estate concentrationthe 2006 interagency screens against total risk-based capital; Tier 1 stands in for the 1 CBLR filer; owner-occupied excluded; bold marks a screen met
First Federal BankRankCohort median
Total CRE against capital, the 300% screen49%1st of 9122%
Construction against capital, the 100% screen12%2nd of 924%
Construction and land development, share of loans4.2%4th of 94.6%
Non-owner-occupied nonfarm nonresidential, share of loans12.8%4th of 913.9%
Total CRE, the guidance definition, share of loans17.1%2nd of 927.4%
CRE growth over 36 months, the third prong+4.0%3rd of 9+23.8%

Among its peers

Where it sits among its peersnavy: the stronger half of each column; amber: the weaker; darker at the ends
InstitutionAssetsROAEfficiencyNPA / loansNet charge-offsAllowance / loansLoans / depositsEquity / assets
Ocean Bank$7.63B1.1%60.6%0.38%0.00%1.4%100.1%9.6%
Bradesco Bank$6.10B1.0%59.3%0.15%0.00%1.0%91.3%9.9%
Banesco USA$5.98B1.5%53.9%0.49%0.10%0.9%76.7%10.5%
Emigrant Bank$5.68B0.6%79.9%4.77%0.68%2.0%95.1%21.4%
First Federal Bank$4.49B1.2%66.7%2.96%0.11%0.8%41.7%10.4%
Capital City Bank$4.45B1.5%64.8%0.40%0.12%1.2%66.4%11.9%
Banco Do Brasil Americas$3.47B1.5%49.9%0.83%0.02%1.3%70.9%10.8%
Bank of Tampa$3.02B1.2%58.0%0.29%0.03%1.3%76.7%9.8%
U S Century Bank$3.02B1.5%45.8%0.09%0.02%1.1%93.6%8.7%
Five years, 2021 to 2026same quarter, five years apart; dollars as growth, ratios in points
First Federal BankCohort median
20212026Change20212026Change
Loans$1.32B$1.43B+8%$1.55B$2.53B+63%
Deposits$2.71B$3.44B+27%$2.43B$3.82B+57%
NPA / loans2.61%2.96%+0.36 pts0.36%0.40%+0.04 pts
Efficiency65.1%66.7%+1.6 pts71.0%59.3%-11.7 pts
ROA1.79%1.17%-0.62 pts0.94%1.22%+0.29 pts

This read was prepared for First Federal Bank's board and management from the public record, and is one slice of what Lynx builds for any bank from its own filing: the peer cohort, the capital, liquidity and rate models with the assumptions the institution sets, and a summary report of twenty sections for the board.

The full pack on First Federal Bank is prepared on request, and thirty days on the institution's own numbers are open to anyone at the bank.

Ask for the pack

Prepared 7 September 2026
Filing 30 June 2026
Cohort FL banks $3B to $10B
Institution www.ffbf.com

Public record only: FFIEC Call Report, 30 June 2026; FDIC data; cohort by state and asset band; SBA 7(a) FOIA release as of the 2026 file, loans credited to the institution holding them today. Computed from the institution's own Call Report and its peers' as published; no estimate, no adjustment; not a rating, not an audited statement and not a supervisory judgement.
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