Fidelity & Trust Bank in Bethesda, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 2008

  • Fidelity & Trust Bank in Bethesda, Maryland (MD)
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Fidelity & Trust Bank - Overview

  • General
  • FDIC Certificate #: 57519
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: EagleBank (#34742)
    Federal Reserve ID: 3211768
    Date Established: November 17, 2003
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 364740
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 17, 2003
    Last Structure Change Effective Date: September 01, 2008
    Last Structure Change Process Date: October 07, 2008
    Last Data Update: October 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 4831 Cordell 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: $461.0 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, 2007)

  • Dollar figures in thousands
  • 92Total employees (full-time equivalent)
  • $446,555Total assets
  • $15,152Cash and due from depository institutions
  • $7,461Interest-bearing balances
  • $88,865Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $328,105Net loans & leases
  • $3,195Loan loss allowance
  • $0Trading account assets
  • $3,789Bank premises and fixed assets
  • $395Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $10,249All other assets
  • $446,555Total liabilities and capital
  • $421,700Total liabilities
  • $366,180Total deposits
  • $309,017Interest-bearing deposits
  • $366,180Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $49,166Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,000Subordinated debt
  • $3,354All other liabilities
  • $24,855Total equity capital
  • $24,855Total bank equity capital
  • $24,855Perpetual preferred stock
  • $0Common stock
  • $2,561Surplus
  • $34,258Undivided profits
  • Memoranda
  • $-11,964Noncurrent loans and leases
  • $97,833Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $222Earning assets
  • $0Long-term assets (5+ years)
  • $2,400Average Assets, year-to-date
  • $424,431Average Assets, quarterly
  • $64,593Volatile liabilities
  • $467,735Insider loans
  • $449,291FHLB advances
  • $181,849Loans and leases held for sale
  • $417Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,898Total risk weighted assets
  • $97,833Total unused commitments
  • $0Restructured Loans and leases
  • $6,370Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $33,136Total interest income
  • $17,541Total interest expense
  • $15,595Net interest income
  • $1,861Provision for loan and lease losses
  • -$821Total noninterest income
  • $0Fiduciary activities
  • $230Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$1,051Additional noninterest income
  • $27,151Total noninterest expense
  • $14,637Salaries and employee benefits
  • $4,344Premises and equipment expense
  • $8,170Additional noninterest expense
  • -$14,238Pre-tax net operating income
  • $0Securities gains (losses)
  • -$907Applicable income taxes
  • -$13,331Income before extraordinary items
  • $0Extraordinary gains - net
  • -$13,331Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $816Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.50%Yield on earning assets
  • 3.97%Cost of funding earning assets
  • 3.53%Net interest margin
  • -0.19%Noninterest income to earning assets
  • 6.15%Noninterest expense to earning assets
  • -2.85%Net operating income to assets
  • -2.85%Return on assets (ROA)
  • -3.04%Pretax return on assets
  • -42.04%Return on equity (ROE)
  • -42.04%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 228.06%Credit loss provision to net charge-offs
  • -15.17%Efficiency ratio
  • 183,776Assets per employee
  • 4.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.96%Loss allowance to noncurrent loans
  • 1439.19%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.07%Net loans and leases to deposits
  • 89.60%Net loans and leases to core deposits
  • 140.52%Equity capital to assets
  • 5.57%Core capital (leverage) ratio
  • 5.45%Tier 1 risk-based capital ratio
  • 6.88%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $467,735Average earning assets
  • $31,710Average equity
  • $441,813Average loans

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