FDIC Certificate #: 32660 Status: Active Federal Reserve ID: 514972 Date Established: January 11, 1911 Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 8581 FDIC's unique #: 45494 Numeric code: 34 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: June 29, 1989 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 1248 Hull Street, Baltimore, MD 21230 County: Baltimore City 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): Baltimore, MD (#720) Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97) Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548) Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580) CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $25.3 mil Equity capital: $2.0 mil Deposits held in domestic offices: $23.3 mil Return on assets (ROA): -2.42% (-$0.6 mil) Quarterly return on assets: 8.28% ($2.1 mil) Return on Equity (ROE): -29.16% (-$0.6 mil) Quarterly return on equity: 102.56% ($2.1 mil) Net income: -$0.6 mil Quarterly Net income: $0.5 mil Pretax return on assets: -2.85% (-$720.6 mil) Quarterly Pretax return on assets: 0.92% ($232.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 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, 2011)
Dollar figures in thousands
4Total employees (full-time equivalent)
$25,284Total assets
$3,856Cash and due from depository institutions
$2,834Interest-bearing balances
$100Securities
$3Federal funds sold & reverse repurchase agreements
$20,351Net loans & leases
$742Loan loss allowance
$0Trading account assets
$201Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$25,284Life insurance assets
$773All other assets
$23,301Total liabilities and capital
$23,258Total liabilities
$23,241Total deposits
$23,258Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$43Subordinated debt
$1,983All other liabilities
$1,983Total equity capital
$1,983Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$1,983Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,683Income earned, not collected on loans
$0Earning assets
$63Long-term assets (5+ years)
$23,288Average Assets, year-to-date
$0Average Assets, quarterly
$26,392Volatile liabilities
$25,594Insider loans
$12,881FHLB advances
$25,284Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,983Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,352Total interest income
$341Total interest expense
$1,011Net interest income
$1,267Provision for loan and lease losses
$6Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$502Total noninterest expense
$200Salaries and employee benefits
$50Premises and equipment expense
$252Additional noninterest expense
-$752Pre-tax net operating income
$0Securities gains (losses)
-$113Applicable income taxes
-$639Income before extraordinary items
$0Extraordinary gains - net
-$639Net income attributable to bank
$0Net charge-offs
-$639Cash dividends
$808Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.47%Yield on earning assets
1.38%Cost of funding earning assets
4.09%Net interest margin
0.02%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
-2.42%Net operating income to assets
-2.42%Return on assets (ROA)
-2.85%Pretax return on assets
-29.16%Return on equity (ROE)
-29.16%Retained earnings to average equity (YTD only)
3.48%Net charge-offs to loans
156.81%Credit loss provision to net charge-offs
0.64%Efficiency ratio
49,361Assets per employee
6.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.52%Loss allowance to noncurrent loans
44.09%Noncurrent assets plus other real estate owned to assets
6.66%Noncurrent loans to loans
7.98%Net loans and leases to deposits
87.50%Net loans and leases to core deposits
87.50%Equity capital to assets
7.84%Core capital (leverage) ratio
7.84%Tier 1 risk-based capital ratio
15.39%Total risk-based capital ratio
Memoranda
$17Average assets
$26,392Average earning assets
$2,191Average equity
$24,733Average loans
List of branches
1 Maryland Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45494
Hull Federal Savings Bank
1248 Hull Street, Baltimore, MD 21230
January 11, 1911
Full Service Brick and Mortar
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