Home Unity Federal Savings and Loan Association in Lafayette Hill, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 27, 1993

  • Home Unity Federal Savings and Loan Association in Lafayette Hill, Pennsylvania (PA)
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Home Unity Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 33605
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Sovereign Bank, National Association (#29950)
    Federal Reserve ID: 1874
    Date Established: June 04, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9979
    FDIC's unique #: 47659
    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: June 04, 1992
    Last Structure Change Effective Date: August 27, 1993
    Last Structure Change Process Date: September 02, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 618 Germantown Pike, Lafayette Hill, PA 19444
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $412.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $158Total assets
  • $516,513Cash and due from depository institutions
  • $25,238Interest-bearing balances
  • $23,282Securities
  • $232,375Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $176,461Loan loss allowance
  • $7,451Trading account assets
  • $0Bank premises and fixed assets
  • $5,082Other real estate owned
  • $13,254Goodwill and other intangibles
  • $64,103Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $516,513Total liabilities
  • $537,714Total deposits
  • $530,908Interest-bearing deposits
  • $528,651Deposits held in domestic offices
  • 530908.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,054Subordinated debt
  • $0All other liabilities
  • $5,752Total equity capital
  • $5,752Total bank equity capital
  • $-21,201Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-21,201Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,821Income earned, not collected on loans
  • $1,220Earning assets
  • $432,118Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $569,723Average Assets, quarterly
  • $533,365Volatile liabilities
  • $4,950Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $322Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-21,201Total risk weighted assets
  • $187,163Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $31,652Total interest expense
  • $25,854Net interest income
  • $5,798Provision for loan and lease losses
  • $3,150Total noninterest income
  • $5,108Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $5,108Total noninterest expense
  • $13,557Salaries and employee benefits
  • $4,421Premises and equipment expense
  • $2,724Additional noninterest expense
  • $6,412Pre-tax net operating income
  • -$5,801Securities gains (losses)
  • $1,544Applicable income taxes
  • $0Income before extraordinary items
  • -$4,257Extraordinary gains - net
  • $0Net income attributable to bank
  • -$4,257Net charge-offs
  • $1,415Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$15,661Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.93%Cost of funding earning assets
  • 5.66%Net interest margin
  • 1.27%Noninterest income to earning assets
  • 1.12%Noninterest expense to earning assets
  • 2.97%Net operating income to assets
  • -1.02%Return on assets (ROA)
  • -0.75%Pretax return on assets
  • -0.75%Return on equity (ROE)
  • 22.70%Retained earnings to average equity (YTD only)
  • 22.70%Net charge-offs to loans
  • 0.44%Credit loss provision to net charge-offs
  • 222.61%Efficiency ratio
  • 124,308Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.05%Loss allowance to noncurrent loans
  • 53.91%Noncurrent assets plus other real estate owned to assets
  • 5.24%Noncurrent loans to loans
  • 7.52%Net loans and leases to deposits
  • 33.24%Net loans and leases to core deposits
  • 33.48%Equity capital to assets
  • -4.10%Core capital (leverage) ratio
  • -4.11%Tier 1 risk-based capital ratio
  • -11.33%Total risk-based capital ratio
  • Memoranda
  • -$11Average assets
  • $569,723Average earning assets
  • -$18,756Average equity
  • $456,422Average loans

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