First Niles Financial, Inc.
FNFI
Other OTC8.00
USD
-0.38
- -
ISIN
US33582N1063
CUSIP
33582N106
Return %
Stock
S&P500
1Y
-3.73
26.84
3Y
-15.34
77.03
5Y
-25.23
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Daniel E. Csontos
- Full Time Employees
- 11
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 55 North Main Street Niles OH United States of America 44446
- IPO Date
- Oct 27, 1998
- Website
- homefedniles.com
- Similar Companies
- Business
- First Niles Financial, Inc. (FNFI) serves as the unitary holding company for Home Federal Savings and Loan Association of Niles, a federally chartered savings bank that conducts community banking operations primarily in Niles, Ohio, and surrounding areas of Trumbull County. Home Federal offers a range of personal and business banking products and services, including checking accounts, savings accounts, certificates of deposit, individual retirement accounts, money market deposit accounts, NOW accounts, passbook and statement savings; mortgage loans such as permanent and construction loans secured by first mortgages on one- to four-family residential properties, commercial and multifamily real estate, and residential construction and development loans; consumer loans including home equity lines of credit and personal loans secured by residential real estate or deposits; commercial business loans and lines of credit; and electronic services such as online banking, e-statements, debit cards, direct deposit/withdrawals, night depository, and safe deposit boxes. The bank operates through two segments, community banking and mortgage banking, with total assets exceeding $156 million, and maintains an investment portfolio featuring U.S. Treasury obligations, federal agency securities, mortgage-backed securities, certificates of deposit, bankers' acceptances, repurchase agreements, and federal funds. Founded in 1897 as Niles' first home financing institution and converted to stock ownership in October 1998 under First Niles Financial, Inc., which was formed in July 1998, the company is headquartered at 55 N Main St., Niles, Ohio 44446. In June 2025, First Niles successfully completed a $2.055 million capital raise through the issuance of treasury shares, boosting total equity to $17.0 million by September 30, 2025, and enabling strategic initiatives including expanded mortgage offerings, enhanced technology infrastructure, increased lending capacity, and strengthened community financing; this followed asset growth of $3.9 million or 4.6% in the first nine months of 2025, with the bank significantly exceeding all regulatory capital requirements. Previously, in 2021, it acquired Union Capital Mortgage Corp. for approximately $3.3 million, establishing a wholly-owned mortgage banking subsidiary operating in Mentor, Westlake, and Hudson, Ohio, to diversify into the Cleveland market.
First Niles Financial (OTCMKTS:FNFI) vs. Provident Financial (NASDAQ:PROV) Financial Survey
First Niles Financial (OTCMKTS:FNFI) Stock Price Down 2.5% – Here’s What Happened