Home Federal Savings Bank in Hagerstown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 31, 2001

  • Home Federal Savings Bank in Hagerstown, Maryland (MD)
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Home Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29889
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Farmers & Mechanics Bank (#4842)
    Federal Reserve ID: 6178
    Date Established: January 01, 1898
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4267
    FDIC's unique #: 42723
    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: July 13, 1950
    Last Structure Change Effective Date: May 31, 2001
    Last Structure Change Process Date: June 27, 2001
    Last Data Update: June 27, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 122 - 128 West Washington Street, Hagerstown, MD 21740
    County: Washington
    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): Hagerstown, MD (#3180)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Core Based Statistical Area (CBSA): Hagerstown-Martinsburg, MD-WV (#25180)
    CBSA Metro Statistical Area: Hagerstown-Martinsburg, MD-WV (#25180)
  • Financial Summary
  • Total assets: $247.7 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, 2000)

  • Dollar figures in thousands
  • 113Total employees (full-time equivalent)
  • $251,751Total assets
  • $11,989Cash and due from depository institutions
  • $3,185Interest-bearing balances
  • $33,838Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $194,786Net loans & leases
  • $2,071Loan loss allowance
  • $0Trading account assets
  • $3,711Bank premises and fixed assets
  • $511Other real estate owned
  • $540Goodwill and other intangibles
  • $0Life insurance assets
  • $6,376All other assets
  • $251,751Total liabilities and capital
  • $230,630Total liabilities
  • $182,905Total deposits
  • $182,905Interest-bearing deposits
  • $182,905Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,132Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $42,516Other borrowed funds
  • $0Subordinated debt
  • $2,077All other liabilities
  • $21,121Total equity capital
  • $21,121Total bank equity capital
  • $21,121Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $8,276Undivided profits
  • Memoranda
  • $12,844Noncurrent loans and leases
  • $19,927Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $480Earning assets
  • $0Long-term assets (5+ years)
  • $1,157Average Assets, year-to-date
  • $231,809Average Assets, quarterly
  • $0Volatile liabilities
  • $241,514Insider loans
  • $249,684FHLB advances
  • $66,802Loans and leases held for sale
  • $89Unused loan commitments
  • $39,360Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $19,927Total unused commitments
  • $790Restructured Loans and leases
  • $2,071Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $18,632Total interest income
  • $9,068Total interest expense
  • $9,564Net interest income
  • $606Provision for loan and lease losses
  • $4,177Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,177Additional noninterest income
  • $7,757Total noninterest expense
  • $3,293Salaries and employee benefits
  • $1,261Premises and equipment expense
  • $3,203Additional noninterest expense
  • $5,378Pre-tax net operating income
  • $68Securities gains (losses)
  • $2,103Applicable income taxes
  • $3,343Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,343Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $544Sale, conversion, retirement of capital stock, net
  • $1,776Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.48%Yield on earning assets
  • 4.13%Cost of funding earning assets
  • 4.35%Net interest margin
  • 1.90%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • 1.37%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 2.25%Pretax return on assets
  • 16.99%Return on equity (ROE)
  • 7.96%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 111.40%Credit loss provision to net charge-offs
  • 11.00%Efficiency ratio
  • 56,451Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.13%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 431.46%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 106.50%Net loans and leases to core deposits
  • 120.42%Equity capital to assets
  • 8.39%Core capital (leverage) ratio
  • 8.48%Tier 1 risk-based capital ratio
  • 12.05%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $241,514Average earning assets
  • $19,679Average equity
  • $219,614Average loans

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