Belmar Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29818 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hamilton Bank (#28589) Federal Reserve ID: 544979 Date Established: January 01, 1920 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4141 FDIC's unique #: 42652 Numeric code: 38 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: June 02, 1937 Last Structure Change Effective Date: November 05, 1999 Last Structure Change Process Date: Febuary 02, 2000 Last Data Update: Febuary 02, 2000 Data Source Date: April 05, 2012
Location
Address: 6301 Belair Road, Baltimore, MD 21206 County: Baltimore City Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Baltimore Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Baltimore, MD (#720) 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): Baltimore-Towson, MD (#12580) CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
Financial Summary
Total assets: $18.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
8Total employees (full-time equivalent)
$18,955Total assets
$4,232Cash and due from depository institutions
$3,987Interest-bearing balances
$4,485Securities
$0Federal funds sold & reverse repurchase agreements
$9,641Net loans & leases
$31Loan loss allowance
$0Trading account assets
$247Bank premises and fixed assets
$48Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$302All other assets
$18,955Total liabilities and capital
$17,611Total liabilities
$17,557Total deposits
$17,516Interest-bearing deposits
$17,557Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$54All other liabilities
$1,344Total equity capital
$1,344Total bank equity capital
$1,344Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$1,344Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$14Earning assets
$0Long-term assets (5+ years)
$80Average Assets, year-to-date
$18,113Average Assets, quarterly
$0Volatile liabilities
$18,868Insider loans
$18,890FHLB advances
$1,724Loans and leases held for sale
$39Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$456Total unused commitments
$0Restructured Loans and leases
$7,937Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$1,346Total interest income
$824Total interest expense
$522Net interest income
$5Provision for loan and lease losses
$83Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$83Additional noninterest income
$535Total noninterest expense
$305Salaries and employee benefits
$124Premises and equipment expense
$106Additional noninterest expense
$65Pre-tax net operating income
$0Securities gains (losses)
$39Applicable income taxes
$26Income before extraordinary items
$0Extraordinary gains - net
$26Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$5Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.44%Yield on earning assets
4.56%Cost of funding earning assets
2.89%Net interest margin
0.46%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.14%Net operating income to assets
0.14%Return on assets (ROA)
0.34%Pretax return on assets
1.90%Return on equity (ROE)
1.90%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
14.00%Efficiency ratio
88,430Assets per employee
2.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.32%Loss allowance to noncurrent loans
221.43%Noncurrent assets plus other real estate owned to assets
0.33%Noncurrent loans to loans
0.14%Net loans and leases to deposits
54.91%Net loans and leases to core deposits
60.89%Equity capital to assets
7.09%Core capital (leverage) ratio
7.10%Tier 1 risk-based capital ratio
16.95%Total risk-based capital ratio
Memoranda
$17Average assets
$18,868Average earning assets
$1,371Average equity
$18,081Average loans
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