First Savings Bank of Little Falls, FSB - Overview
General
FDIC Certificate #: 28541 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Greater Community Bank (#26480) Federal Reserve ID: 482071 Date Established: January 01, 1927 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1799 FDIC's unique #: 41375 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: June 14, 1937 Last Structure Change Effective Date: April 01, 1999 Last Structure Change Process Date: May 14, 1999 Last Data Update: May 14, 1999 Data Source Date: April 05, 2012
Location
Address: 115 Main St, Little Falls, NJ 7424 County: Passaic Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Jamesburg Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Bergen-Passaic, NJ (#875) Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70) Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408) Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
Financial Summary
Total assets: $185.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
32Total employees (full-time equivalent)
$185,860Total assets
$13,616Cash and due from depository institutions
$11,583Interest-bearing balances
$55,467Securities
$0Federal funds sold & reverse repurchase agreements
$109,219Net loans & leases
$634Loan loss allowance
$0Trading account assets
$2,704Bank premises and fixed assets
$1,486Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,368All other assets
$185,860Total liabilities and capital
$175,741Total liabilities
$174,842Total deposits
$169,134Interest-bearing deposits
$174,842Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$512Other borrowed funds
$0Subordinated debt
$387All other liabilities
$10,119Total equity capital
$10,119Total bank equity capital
$10,119Perpetual preferred stock
$0Common stock
$440Surplus
$3,670Undivided profits
Memoranda
$6,009Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,624Earning assets
$0Long-term assets (5+ years)
$680Average Assets, year-to-date
$176,269Average Assets, quarterly
$0Volatile liabilities
$182,047Insider loans
$184,748FHLB advances
$19,659Loans and leases held for sale
$261Unused loan commitments
$512Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,037Total unused commitments
$0Restructured Loans and leases
$80,719Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$13,035Total interest income
$8,581Total interest expense
$4,454Net interest income
$100Provision for loan and lease losses
$204Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$204Additional noninterest income
$3,129Total noninterest expense
$1,616Salaries and employee benefits
$812Premises and equipment expense
$701Additional noninterest expense
$1,429Pre-tax net operating income
$0Securities gains (losses)
$547Applicable income taxes
$882Income before extraordinary items
$0Extraordinary gains - net
$882Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$53Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.54%Yield on earning assets
4.97%Cost of funding earning assets
2.58%Net interest margin
0.12%Noninterest income to earning assets
1.81%Noninterest expense to earning assets
0.48%Net operating income to assets
0.48%Return on assets (ROA)
0.78%Pretax return on assets
8.82%Return on equity (ROE)
8.82%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
188.68%Credit loss provision to net charge-offs
28.85%Efficiency ratio
67,175Assets per employee
5.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.58%Loss allowance to noncurrent loans
39.04%Noncurrent assets plus other real estate owned to assets
1.67%Noncurrent loans to loans
1.48%Net loans and leases to deposits
62.47%Net loans and leases to core deposits
70.15%Equity capital to assets
5.44%Core capital (leverage) ratio
5.19%Tier 1 risk-based capital ratio
11.91%Total risk-based capital ratio
Memoranda
$13Average assets
$182,047Average earning assets
$10,003Average equity
$172,783Average loans
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