Homestead Federal Savings Association in Middletown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 08, 1994

  • Homestead Federal Savings Association in Middletown, Pennsylvania (PA)
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Homestead Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33490
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: Financial Trust Company (#2350)
    Federal Reserve ID: 276373
    Date Established: August 30, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9418
    FDIC's unique #: 47214
    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: August 30, 1991
    Last Structure Change Effective Date: April 08, 1994
    Last Structure Change Process Date: April 18, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 South Union Street, Middletown, PA 17057
    County: Dauphin
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Harrisburg-Lebanon-Carlisle, PA (#3240)
    Combined Statistical Area (CSA): Harrisburg-Carlisle-Lebanon, PA (#276)
    Core Based Statistical Area (CBSA): Harrisburg-Carlisle, PA (#25420)
    CBSA Metro Statistical Area: Harrisburg-Carlisle, PA (#25420)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $54.4 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $47Total assets
  • $60,070Cash and due from depository institutions
  • $4,442Interest-bearing balances
  • $3,322Securities
  • $6,180Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $21,230Loan loss allowance
  • $16,304Trading account assets
  • $0Bank premises and fixed assets
  • $1,955Other real estate owned
  • $0Goodwill and other intangibles
  • $26,263Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $60,070Total liabilities
  • $86,769Total deposits
  • $78,061Interest-bearing deposits
  • $78,061Deposits held in domestic offices
  • 78061.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $8,708Total equity capital
  • $8,708Total bank equity capital
  • $-26,699Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-26,699Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21,686Income earned, not collected on loans
  • $37Earning assets
  • $30,732Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $74,388Average Assets, quarterly
  • $62,763Volatile liabilities
  • $1,196Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-26,709Total risk weighted assets
  • $51,595Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,193Total interest expense
  • $3,903Net interest income
  • -$710Provision for loan and lease losses
  • $0Total noninterest income
  • $364Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $364Total noninterest expense
  • $4,856Salaries and employee benefits
  • $1,517Premises and equipment expense
  • $868Additional noninterest expense
  • $2,471Pre-tax net operating income
  • -$5,202Securities gains (losses)
  • $0Applicable income taxes
  • $641Income before extraordinary items
  • -$5,843Extraordinary gains - net
  • $0Net income attributable to bank
  • -$5,843Net charge-offs
  • -$1,032Cash 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
  • 7.48%Cost of funding earning assets
  • 9.15%Net interest margin
  • -1.66%Noninterest income to earning assets
  • 0.85%Noninterest expense to earning assets
  • 11.38%Net operating income to assets
  • -7.85%Return on assets (ROA)
  • -7.85%Pretax return on assets
  • -6.99%Return on equity (ROE)
  • 24.36%Retained earnings to average equity (YTD only)
  • 24.36%Net charge-offs to loans
  • -2.50%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • -1,403,468Assets per employee
  • 1.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 43.44%Loss allowance to noncurrent loans
  • 75.18%Noncurrent assets plus other real estate owned to assets
  • 36.10%Noncurrent loans to loans
  • 57.78%Net loans and leases to deposits
  • 27.20%Net loans and leases to core deposits
  • 27.62%Equity capital to assets
  • -44.45%Core capital (leverage) ratio
  • -49.63%Tier 1 risk-based capital ratio
  • -51.77%Total risk-based capital ratio
  • Memoranda
  • -$54Average assets
  • $74,388Average earning assets
  • -$23,986Average equity
  • $42,678Average loans

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