Home Federal Savings and Loan Association in Charlotte, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 18, 1999

  • Home Federal Savings and Loan Association in Charlotte, North Carolina (NC)
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Home Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28001
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Charter Bank (#4886)
    Federal Reserve ID: 912970
    Date Established: January 01, 1883
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 714
    FDIC's unique #: 40835
    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: November 03, 1941
    Last Structure Change Effective Date: March 18, 1999
    Last Structure Change Process Date: March 30, 1999
    Last Data Update: March 30, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 139 South Tryon St, Charlotte, NC 28202
    County: Mecklenburg
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Charlotte
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Charlotte-Gastonia-Rock Hill, NC-SC (#1520)
    Combined Statistical Area (CSA): Charlotte-Gastonia-Salisbury, NC-SC (#172)
    Core Based Statistical Area (CBSA): Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
    CBSA Metro Statistical Area: Charlotte-Gastonia-Rock Hill, NC-SC (#16740)
  • Financial Summary
  • Total assets: $995.4 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
  • 117Total employees (full-time equivalent)
  • $995,351Total assets
  • $9,113Cash and due from depository institutions
  • $2,014Interest-bearing balances
  • $122,257Securities
  • $6,402Federal funds sold & reverse repurchase agreements
  • $818,259Net loans & leases
  • $6,855Loan loss allowance
  • $0Trading account assets
  • $8,473Bank premises and fixed assets
  • $1,755Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $29,092All other assets
  • $995,351Total liabilities and capital
  • $845,886Total liabilities
  • $423,786Total deposits
  • $411,357Interest-bearing deposits
  • $423,786Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $89,800Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $312,352Other borrowed funds
  • $0Subordinated debt
  • $19,948All other liabilities
  • $149,465Total equity capital
  • $149,465Total bank equity capital
  • $149,465Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $84,218Undivided profits
  • Memoranda
  • $65,246Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,264Earning assets
  • $0Long-term assets (5+ years)
  • $4,143Average Assets, year-to-date
  • $948,932Average Assets, quarterly
  • $0Volatile liabilities
  • $981,545Insider loans
  • $1,005,747FHLB advances
  • $511,432Loans and leases held for sale
  • $502Unused loan commitments
  • $305,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $81,884Total unused commitments
  • $0Restructured Loans and leases
  • $543,876Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $73,871Total interest income
  • $43,969Total interest expense
  • $29,902Net interest income
  • $170Provision for loan and lease losses
  • $2,539Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,539Additional noninterest income
  • $27,873Total noninterest expense
  • $8,792Salaries and employee benefits
  • $2,360Premises and equipment expense
  • $16,721Additional noninterest expense
  • $4,398Pre-tax net operating income
  • $1,786Securities gains (losses)
  • $2,599Applicable income taxes
  • $3,585Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,585Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $221Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.93%Yield on earning assets
  • 4.72%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • -0.92%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 76.92%Credit loss provision to net charge-offs
  • 20.67%Efficiency ratio
  • 85,919Assets per employee
  • 8.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 139.47%Loss allowance to loans
  • 0.83%Loss allowance to noncurrent loans
  • 160.76%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 0.52%Net loans and leases to deposits
  • 193.08%Net loans and leases to core deposits
  • 260.17%Equity capital to assets
  • 15.02%Core capital (leverage) ratio
  • 14.71%Tier 1 risk-based capital ratio
  • 26.82%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $981,545Average earning assets
  • $154,363Average equity
  • $931,910Average loans
1
Jagjeet singh
⚠
Oct 28, 2022 @ 2:14 pm
I found a passbook for a cd with first home federal but no one at the bank who bought it over, fdic or nc treasury can find any records of it, any suggestions?

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