Home Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 27926 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First South Bank (#31084) Federal Reserve ID: 620976 Date Established: January 01, 1916 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 554 FDIC's unique #: 40760 Numeric code: 37 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: March 12, 1935 Last Structure Change Effective Date: November 30, 1999 Last Structure Change Process Date: December 23, 1999 Last Data Update: December 23, 1999 Data Source Date: April 05, 2012
Location
Address: 241 Green Street, Fayetteville, NC 28302 County: Cumberland Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: Raleigh Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Fayetteville, NC (#2560) Core Based Statistical Area (CBSA): Fayetteville, NC (#22180) CBSA Metro Statistical Area: Fayetteville, NC (#22180)
Financial Summary
Total assets: $147.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$155,779Total assets
$20,914Cash and due from depository institutions
$20,417Interest-bearing balances
$3,000Securities
$0Federal funds sold & reverse repurchase agreements
$129,539Net loans & leases
$255Loan loss allowance
$0Trading account assets
$340Bank premises and fixed assets
$35Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,951All other assets
$155,779Total liabilities and capital
$110,560Total liabilities
$109,609Total deposits
$109,105Interest-bearing deposits
$109,609Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$951All other liabilities
$45,219Total equity capital
$45,219Total bank equity capital
$45,219Perpetual preferred stock
$0Common stock
$0Surplus
$21,545Undivided profits
Memoranda
$23,674Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$127Earning assets
$0Long-term assets (5+ years)
$3Average Assets, year-to-date
$152,956Average Assets, quarterly
$0Volatile liabilities
$157,824Insider loans
$156,145FHLB advances
$13,366Loans and leases held for sale
$418Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,750Total unused commitments
$0Restructured Loans and leases
$77,902Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$11,970Total interest income
$5,496Total interest expense
$6,474Net interest income
$0Provision for loan and lease losses
$218Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$218Additional noninterest income
$3,212Total noninterest expense
$2,444Salaries and employee benefits
$252Premises and equipment expense
$516Additional noninterest expense
$3,480Pre-tax net operating income
$0Securities gains (losses)
$1,337Applicable income taxes
$2,143Income before extraordinary items
$0Extraordinary gains - net
$2,143Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$2,126Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.72%Yield on earning assets
3.54%Cost of funding earning assets
4.17%Net interest margin
0.14%Noninterest income to earning assets
2.07%Noninterest expense to earning assets
1.36%Net operating income to assets
1.36%Return on assets (ROA)
2.20%Pretax return on assets
4.75%Return on equity (ROE)
0.04%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
47,998Assets per employee
5.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
99.21%Loss allowance to loans
0.20%Loss allowance to noncurrent loans
200.79%Noncurrent assets plus other real estate owned to assets
0.10%Noncurrent loans to loans
0.10%Net loans and leases to deposits
118.18%Net loans and leases to core deposits
134.60%Equity capital to assets
29.03%Core capital (leverage) ratio
29.03%Tier 1 risk-based capital ratio
58.05%Total risk-based capital ratio
Memoranda
$58Average assets
$157,824Average earning assets
$45,083Average equity
$155,134Average 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 Home Federal Savings and Loan Association.
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: