Ameribanc Savings Bank, FSB in Annandale, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 02, 1995

  • Ameribanc Savings Bank, FSB in Annandale, Virginia (VA)
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Ameribanc Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 31335
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Union National Bank of Virginia (#6904)
    Federal Reserve ID: 332279
    Date Established: January 01, 1960
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6762
    FDIC's unique #: 44169
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 09, 1963
    Last Structure Change Effective Date: April 02, 1995
    Last Structure Change Process Date: April 13, 1995
    Last Data Update: April 13, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 7620 Little River Turnpike, Annandale, VA 22003
    County: Fairfax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • Financial Summary
  • Total assets: $1,052.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $479Total assets
  • $1,055,876Cash and due from depository institutions
  • $23,109Interest-bearing balances
  • $1,347Securities
  • $189,349Federal funds sold & reverse repurchase agreements
  • $482Net loans & leases
  • $733,503Loan loss allowance
  • $10,212Trading account assets
  • $1,809Bank premises and fixed assets
  • $18,910Other real estate owned
  • $34,992Goodwill and other intangibles
  • $40,537Life insurance assets
  • $13,185All other assets
  • $0Total liabilities and capital
  • $1,055,876Total liabilities
  • $984,506Total deposits
  • $748,180Interest-bearing deposits
  • $720,572Deposits held in domestic offices
  • 748180.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $12,255Trading liabilities
  • $0Other borrowed funds
  • $218,216Subordinated debt
  • $0All other liabilities
  • $5,855Total equity capital
  • $5,855Total bank equity capital
  • $71,370Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $57,244Undivided profits
  • Memoranda
  • $13,626Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $26,240Income earned, not collected on loans
  • $4,062Earning assets
  • $926,490Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,060,002Average Assets, quarterly
  • $1,055,664Volatile liabilities
  • $301,316Insider loans
  • $129FHLB advances
  • $215,031Loans and leases held for sale
  • $0Unused loan commitments
  • $44,027Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $63,154Total risk weighted assets
  • $598,366Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $67,146Total interest expense
  • $36,405Net interest income
  • $30,741Provision for loan and lease losses
  • $2,143Total noninterest income
  • $10,349Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$988Additional noninterest income
  • $11,337Total noninterest expense
  • $35,736Salaries and employee benefits
  • $15,141Premises and equipment expense
  • $5,502Additional noninterest expense
  • $15,093Pre-tax net operating income
  • $3,211Securities gains (losses)
  • -$86Applicable income taxes
  • $0Income before extraordinary items
  • $3,125Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,125Net charge-offs
  • $3,161Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.37%Cost of funding earning assets
  • 4.00%Net interest margin
  • 3.37%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 3.92%Net operating income to assets
  • 0.30%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 0.29%Return on equity (ROE)
  • 4.48%Retained earnings to average equity (YTD only)
  • 4.48%Net charge-offs to loans
  • 0.43%Credit loss provision to net charge-offs
  • 67.80%Efficiency ratio
  • 81,764Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 38.92%Noncurrent assets plus other real estate owned to assets
  • 5.36%Noncurrent loans to loans
  • 3.53%Net loans and leases to deposits
  • 98.04%Net loans and leases to core deposits
  • 108.29%Equity capital to assets
  • 6.76%Core capital (leverage) ratio
  • 6.04%Tier 1 risk-based capital ratio
  • 10.55%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,060,002Average earning assets
  • $69,735Average equity
  • $910,855Average loans

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