A bank's earnings performance has an effect on its long-term survivability. Earnings can be retained by the bank, increasing its capital cushion, or be used to deal with problematic loans, likely making the bank more resilient in times of trouble. Losses, on the other hand, reduce a bank's ability to do those things.
On Bankrate's earnings test, First Central Savings Bank scored 0 out of a possible 30, less than the national average of 15.12.
Return on equity, calculated by dividing net income (profit, basically) by the total amount of equity, is one widely used measure of a bank's earnings. First Central Savings Bank's most recent annualized quarterly return on equity was -3.88 percent, below the national average of 8.10 percent.
For the twelve months ended December 31, 2017, the bank earned net income of $-2.2 million on total equity of $55.2 million. The bank experienced an annualized return on average assets, or ROA, of -0.39 percent, below the 1 percent deemed satisfactory in accordance with industry standards and below the average for U.S. banks of 1.00 percent.