First Federal Bank Lees Summit Financial Institution Profile

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First Federal Bank Lees Summit is a community bank that has been serving the Lees Summit area since 1920. It is a subsidiary of First Federal Bancshares, Inc.

The bank has a long history of providing financial services to individuals and businesses in the community. First Federal Bank Lees Summit has a total of 5 locations in the Lees Summit area.

First Federal Bank Lees Summit is committed to building strong relationships with its customers and the community. The bank offers a wide range of financial products and services, including personal and business banking, loans, and investments.

The bank's mission is to provide exceptional customer service and to help its customers achieve their financial goals.

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Financial Performance Overview

First Federal Bank of Kansas City has a substantial presence in the market with total assets of $982,243k, showcasing its significant scale.

The bank's financial structure is a nuanced breakdown that reveals total liabilities of $877,140k and total equity capital at $105,103k.

A sleek modern glass banking building in an urban city setting, showcasing reflective architecture.
Credit: pexels.com, A sleek modern glass banking building in an urban city setting, showcasing reflective architecture.

Total deposits at the bank stand at $677,392k, providing a vital source of funding for its operations.

Net loans and leases at First Federal Bank of Kansas City amount to $751k, a relatively small portion of its total assets.

The bank's Return on Assets is -1.86, indicating a significant loss in its operations.

First Federal Bank of Kansas City's Tier 1 Risk-Based Capital Ratio is 0, suggesting that the bank may be taking on significant risk.

The bank was established on 07/01/1934, making it a long-standing presence in the community.

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