Crestar Bank MD in Bethesda, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1996

  • Crestar Bank MD in Bethesda, Maryland (MD)
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Crestar Bank MD - Overview

  • General
  • FDIC Certificate #: 9696
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Crestar Bank (#12543)
    Federal Reserve ID: 57620
    Date Established: November 19, 1919
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 70 (Interstate: No)
    FDIC's unique #: 6203
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 15, 1996
    Last Structure Change Process Date: January 24, 1997
    Last Data Update: January 24, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 7500 Wisconsin Avenue, Bethesda, MD 20814
    County: Montgomery
    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): 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: Bethesda-Rockville-Frederick, MD (#13644)
  • Financial Summary
  • Total assets: $1,652.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $358Total assets
  • $1,574,677Cash and due from depository institutions
  • $77,171Interest-bearing balances
  • $0Securities
  • $216,836Federal funds sold & reverse repurchase agreements
  • $372,000Net loans & leases
  • $800,441Loan loss allowance
  • $14,425Trading account assets
  • $0Bank premises and fixed assets
  • $13,491Other real estate owned
  • $1,747Goodwill and other intangibles
  • $44,730Life insurance assets
  • $48,261All other assets
  • $0Total liabilities and capital
  • $1,574,677Total liabilities
  • $1,450,118Total deposits
  • $1,348,059Interest-bearing deposits
  • $1,186,185Deposits held in domestic offices
  • 1348059.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $56,634Trading liabilities
  • $0Other borrowed funds
  • $6,038Subordinated debt
  • $25,000All other liabilities
  • $14,387Total equity capital
  • $14,387Total bank equity capital
  • $124,559Perpetual preferred stock
  • $0Common stock
  • $12,210Surplus
  • $74,189Undivided profits
  • Memoranda
  • $38,160Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,106Income earned, not collected on loans
  • $6,377Earning assets
  • $1,389,277Long-term assets (5+ years)
  • $133,290Average Assets, year-to-date
  • $1,191,285Average Assets, quarterly
  • $1,337,270Volatile liabilities
  • $120,303Insider loans
  • $35FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $237,416Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $76,489Total risk weighted assets
  • $1,003,771Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $83,018Total interest expense
  • $35,190Net interest income
  • $47,828Provision for loan and lease losses
  • $5,888Total noninterest income
  • $25,644Fiduciary activities
  • $555Service charges on deposit accounts
  • $6,292Trading account gains & fees
  • $3Additional noninterest income
  • $18,794Total noninterest expense
  • $49,855Salaries and employee benefits
  • $14,162Premises and equipment expense
  • $6,734Additional noninterest expense
  • $28,959Pre-tax net operating income
  • $17,729Securities gains (losses)
  • -$58Applicable income taxes
  • $7,460Income before extraordinary items
  • $10,211Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,211Net charge-offs
  • $5,906Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.71%Cost of funding earning assets
  • 3.27%Net interest margin
  • 4.44%Noninterest income to earning assets
  • 2.38%Noninterest expense to earning assets
  • 4.63%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 1.48%Return on equity (ROE)
  • 10.34%Retained earnings to average equity (YTD only)
  • 10.34%Net charge-offs to loans
  • 0.89%Credit loss provision to net charge-offs
  • 99.70%Efficiency ratio
  • 66,051Assets per employee
  • 4.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 236.24%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 59.38%Net loans and leases to core deposits
  • 62.03%Equity capital to assets
  • 7.91%Core capital (leverage) ratio
  • 5.90%Tier 1 risk-based capital ratio
  • 7.62%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,191,285Average earning assets
  • $98,744Average equity
  • $1,076,146Average loans

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