FDIC Certificate #: 33955 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Liberty National Bank (#27206) Federal Reserve ID: 2254320 Date Established: November 18, 1994 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 12619 FDIC's unique #: 55327 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: November 18, 1994 Last Structure Change Effective Date: Febuary 28, 2003 Last Structure Change Process Date: March 12, 2003 Last Data Update: March 12, 2003 Data Source Date: April 05, 2012
Location
Address: 6089 Oxon Hill Road, Oxon Hill, MD 20745 County: Prince George's 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: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
Financial Summary
Total assets: $37.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
12Total employees (full-time equivalent)
$37,923Total assets
$6,511Cash and due from depository institutions
$6,036Interest-bearing balances
$14,992Securities
$3,218Federal funds sold & reverse repurchase agreements
$12,208Net loans & leases
$369Loan loss allowance
$0Trading account assets
$62Bank premises and fixed assets
$187Other real estate owned
$15Goodwill and other intangibles
$0Life insurance assets
$730All other assets
$37,923Total liabilities and capital
$36,119Total liabilities
$35,968Total deposits
$33,632Interest-bearing deposits
$35,968Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$151All other liabilities
$1,804Total equity capital
$1,804Total bank equity capital
$1,804Perpetual preferred stock
$0Common stock
$10Surplus
$6,103Undivided profits
Memoranda
$-4,309Noncurrent loans and leases
$303Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,299Earning assets
$0Long-term assets (5+ years)
$130Average Assets, year-to-date
$36,454Average Assets, quarterly
$0Volatile liabilities
$42,317Insider loans
$39,609FHLB advances
$4,665Loans and leases held for sale
$330Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$303Total unused commitments
$0Restructured Loans and leases
$197Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$2,508Total interest income
$683Total interest expense
$1,825Net interest income
$159Provision for loan and lease losses
$427Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$427Additional noninterest income
$3,107Total noninterest expense
$807Salaries and employee benefits
$729Premises and equipment expense
$1,571Additional noninterest expense
-$1,014Pre-tax net operating income
$53Securities gains (losses)
$0Applicable income taxes
-$961Income before extraordinary items
$0Extraordinary gains - net
-$961Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$25Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.24%Yield on earning assets
1.70%Cost of funding earning assets
4.54%Net interest margin
1.06%Noninterest income to earning assets
7.73%Noninterest expense to earning assets
-2.40%Net operating income to assets
-2.27%Return on assets (ROA)
-2.27%Pretax return on assets
-44.52%Return on equity (ROE)
-44.52%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
636.00%Credit loss provision to net charge-offs
-34.20%Efficiency ratio
104,440Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.93%Loss allowance to noncurrent loans
28.41%Noncurrent assets plus other real estate owned to assets
3.92%Noncurrent loans to loans
10.33%Net loans and leases to deposits
33.94%Net loans and leases to core deposits
39.00%Equity capital to assets
4.76%Core capital (leverage) ratio
3.98%Tier 1 risk-based capital ratio
9.56%Total risk-based capital ratio
Memoranda
$11Average assets
$42,317Average earning assets
$2,158Average equity
$40,213Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Enterprise Federal Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: