Beneficial Savings Bank, F.S.B. in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1998

  • Beneficial Savings Bank, F.S.B. in Tampa, Florida (FL)
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Beneficial Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 19360
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Household Bank, FSB (#30971)
    Federal Reserve ID: 199539
    Date Established: January 26, 1965
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8153
    FDIC's unique #: 13170
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 26, 1965
    Last Structure Change Effective Date: June 30, 1998
    Last Structure Change Process Date: July 21, 1998
    Last Data Update: July 21, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 430 Knights Run Avenue, Tampa, FL 33602
    County: Hillsborough
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: New York
    FDIC Field Office: Tampa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Tampa-St. Petersburg-Clearwater, FL (#8280)
    Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
    CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
  • Financial Summary
  • Total assets: $35.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $36,249Total assets
  • $667Cash and due from depository institutions
  • $2Interest-bearing balances
  • $1,421Securities
  • $1,862Federal funds sold & reverse repurchase agreements
  • $30,890Net loans & leases
  • $358Loan loss allowance
  • $0Trading account assets
  • $597Bank premises and fixed assets
  • $61Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $751All other assets
  • $36,249Total liabilities and capital
  • $27,589Total liabilities
  • $19,577Total deposits
  • $19,075Interest-bearing deposits
  • $19,577Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,850Other borrowed funds
  • $0Subordinated debt
  • $1,162All other liabilities
  • $8,660Total equity capital
  • $8,660Total bank equity capital
  • $8,660Perpetual preferred stock
  • $0Common stock
  • $1,555Surplus
  • $1,360Undivided profits
  • Memoranda
  • $5,745Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $991Earning assets
  • $0Long-term assets (5+ years)
  • $210Average Assets, year-to-date
  • $34,175Average Assets, quarterly
  • $0Volatile liabilities
  • $33,207Insider loans
  • $35,618FHLB advances
  • $9,520Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $912Total unused commitments
  • $0Restructured Loans and leases
  • $20,969Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $3,331Total interest income
  • $1,211Total interest expense
  • $2,120Net interest income
  • $153Provision for loan and lease losses
  • $238Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $238Additional noninterest income
  • $1,787Total noninterest expense
  • $950Salaries and employee benefits
  • $594Premises and equipment expense
  • $243Additional noninterest expense
  • $418Pre-tax net operating income
  • $0Securities gains (losses)
  • $162Applicable income taxes
  • $256Income before extraordinary items
  • $0Extraordinary gains - net
  • $256Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $143Sale, conversion, retirement of capital stock, net
  • $253Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.65%Yield on earning assets
  • 3.87%Cost of funding earning assets
  • 6.78%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 5.71%Noninterest expense to earning assets
  • 0.77%Net operating income to assets
  • 0.77%Return on assets (ROA)
  • 1.26%Pretax return on assets
  • 2.99%Return on equity (ROE)
  • 0.03%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 106.99%Credit loss provision to net charge-offs
  • 3.99%Efficiency ratio
  • 75,785Assets per employee
  • 1.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 98.83%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 36.13%Noncurrent assets plus other real estate owned to assets
  • 2.90%Noncurrent loans to loans
  • 3.17%Net loans and leases to deposits
  • 157.79%Net loans and leases to core deposits
  • 182.71%Equity capital to assets
  • 23.89%Core capital (leverage) ratio
  • 23.89%Tier 1 risk-based capital ratio
  • 41.30%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $33,207Average earning assets
  • $8,574Average equity
  • $31,275Average loans

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