Calais Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29756 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bank of Maine (#19686) Federal Reserve ID: 218074 Date Established: September 25, 1936 WWW:http://www.calaisfederal.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4034 FDIC's unique #: 42590 Numeric code: 38 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 25, 1936 Last Structure Change Effective Date: May 18, 2007 Last Structure Change Process Date: June 12, 2007 Last Data Update: June 12, 2007 Data Source Date: April 05, 2012
Location
Address: 344 Main Street, Calais, ME 4619 County: Washington Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Concord Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast
Financial Summary
Total assets: $62.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2006)
Dollar figures in thousands
17Total employees (full-time equivalent)
$62,804Total assets
$1,853Cash and due from depository institutions
$318Interest-bearing balances
$303Securities
$0Federal funds sold & reverse repurchase agreements
$58,513Net loans & leases
$765Loan loss allowance
$0Trading account assets
$709Bank premises and fixed assets
$65Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,361All other assets
$62,804Total liabilities and capital
$55,236Total liabilities
$46,043Total deposits
$44,858Interest-bearing deposits
$46,043Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,100Other borrowed funds
$0Subordinated debt
$1,093All other liabilities
$7,568Total equity capital
$7,568Total bank equity capital
$7,568Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$7,568Noncurrent loans and leases
$1,844Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$244Earning assets
$0Long-term assets (5+ years)
$239Average Assets, year-to-date
$59,134Average Assets, quarterly
$0Volatile liabilities
$59,468Insider loans
$61,978FHLB advances
$25,375Loans and leases held for sale
$623Unused loan commitments
$8,100Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,844Total unused commitments
$0Restructured Loans and leases
$483Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$3,806Total interest income
$1,546Total interest expense
$2,260Net interest income
$612Provision for loan and lease losses
$1,388Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,388Additional noninterest income
$2,773Total noninterest expense
$1,394Salaries and employee benefits
$352Premises and equipment expense
$1,027Additional noninterest expense
$263Pre-tax net operating income
$0Securities gains (losses)
$100Applicable income taxes
$163Income before extraordinary items
$0Extraordinary gains - net
$163Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$342Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.78%Yield on earning assets
2.76%Cost of funding earning assets
4.03%Net interest margin
2.47%Noninterest income to earning assets
4.94%Noninterest expense to earning assets
0.27%Net operating income to assets
0.27%Return on assets (ROA)
0.44%Pretax return on assets
2.01%Return on equity (ROE)
2.01%Retained earnings to average equity (YTD only)
0.62%Net charge-offs to loans
178.95%Credit loss provision to net charge-offs
2.56%Efficiency ratio
76,014Assets per employee
3.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.29%Loss allowance to noncurrent loans
313.52%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.41%Net loans and leases to deposits
127.08%Net loans and leases to core deposits
203.40%Equity capital to assets
12.05%Core capital (leverage) ratio
12.04%Tier 1 risk-based capital ratio
19.59%Total risk-based capital ratio
Memoranda
$21Average assets
$59,468Average earning assets
$8,122Average equity
$56,100Average loans
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