Hansen Federal Savings Association in Hammonton, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1994

  • Hansen Federal Savings Association in Hammonton, New Jersey (NJ)
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Hansen Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33545
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Collective Bank (#28429)
    Federal Reserve ID: 599876
    Date Established: January 10, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9618
    FDIC's unique #: 47425
    Numeric code: 38
    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: January 10, 1992
    Last Structure Change Effective Date: April 15, 1994
    Last Structure Change Process Date: April 25, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 209-215 Bellevue Avenue, Hammonton, NJ 8037
    County: Atlantic
    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): Atlantic-Cape May, NJ (#560)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Core Based Statistical Area (CBSA): Atlantic City-Hammonton, NJ (#12100)
    CBSA Metro Statistical Area: Atlantic City-Hammonton, NJ (#12100)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
    Corrections
  • Financial Summary
  • Total assets: $191.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $134Total assets
  • $197,793Cash and due from depository institutions
  • $5,742Interest-bearing balances
  • $1,210Securities
  • $93,071Federal funds sold & reverse repurchase agreements
  • $14,400Net loans & leases
  • $42,599Loan loss allowance
  • $7,212Trading account assets
  • $0Bank premises and fixed assets
  • $4,660Other real estate owned
  • $89Goodwill and other intangibles
  • $37,232Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $197,793Total liabilities
  • $256,101Total deposits
  • $255,344Interest-bearing deposits
  • $255,344Deposits held in domestic offices
  • 255344.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $757Total equity capital
  • $757Total bank equity capital
  • $-58,308Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-58,308Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,994Income earned, not collected on loans
  • $679Earning assets
  • $151,280Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $225,167Average Assets, quarterly
  • $204,655Volatile liabilities
  • $6,007Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-58,308Total risk weighted assets
  • $109,607Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,001Total interest expense
  • $10,178Net interest income
  • -$1,177Provision for loan and lease losses
  • $43Total noninterest income
  • $654Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $654Total noninterest expense
  • $20,490Salaries and employee benefits
  • $3,590Premises and equipment expense
  • $1,221Additional noninterest expense
  • $15,679Pre-tax net operating income
  • -$21,056Securities gains (losses)
  • $0Applicable income taxes
  • $1Income before extraordinary items
  • -$21,057Extraordinary gains - net
  • $0Net income attributable to bank
  • -$21,057Net charge-offs
  • $199Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.42%Cost of funding earning assets
  • 6.13%Net interest margin
  • -0.71%Noninterest income to earning assets
  • 0.39%Noninterest expense to earning assets
  • 12.35%Net operating income to assets
  • -9.35%Return on assets (ROA)
  • -9.35%Pretax return on assets
  • -9.35%Return on equity (ROE)
  • 44.21%Retained earnings to average equity (YTD only)
  • 44.21%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 21.61%Efficiency ratio
  • -3,917,782Assets per employee
  • 1.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 14.48%Loss allowance to noncurrent loans
  • 90.22%Noncurrent assets plus other real estate owned to assets
  • 4.09%Noncurrent loans to loans
  • 16.05%Net loans and leases to deposits
  • 16.68%Net loans and leases to core deposits
  • 17.08%Equity capital to assets
  • -29.48%Core capital (leverage) ratio
  • -29.47%Tier 1 risk-based capital ratio
  • -53.20%Total risk-based capital ratio
  • Memoranda
  • -$53Average assets
  • $225,167Average earning assets
  • -$47,630Average equity
  • $165,970Average loans

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