Inter-Boro Savings and Loan Association - Overview
General
FDIC Certificate #: 30055 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Hudson United Bank (#12256) Federal Reserve ID: 982478 Date Established: April 01, 1939 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 4650 FDIC's unique #: 42889 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: May 02, 1939 Last Structure Change Effective Date: August 14, 1998 Last Structure Change Process Date: September 02, 1998 Last Data Update: September 02, 1998 Data Source Date: April 05, 2012
Location
Address: 1909 E. Marlton Pike, Cherry Hill, NJ 8034 County: Camden Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Jamesburg 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: Camden, NJ (#15804)
Financial Summary
Total assets: $736.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
132Total employees (full-time equivalent)
$727,786Total assets
$15,206Cash and due from depository institutions
$10,462Interest-bearing balances
$460,770Securities
$17,600Federal funds sold & reverse repurchase agreements
$217,185Net loans & leases
$1,122Loan loss allowance
$0Trading account assets
$6,689Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$10,336All other assets
$727,786Total liabilities and capital
$599,433Total liabilities
$561,994Total deposits
$559,690Interest-bearing deposits
$561,994Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$33,083Other borrowed funds
$0Subordinated debt
$4,356All other liabilities
$128,353Total equity capital
$128,353Total bank equity capital
$128,353Perpetual preferred stock
$0Common stock
$1Surplus
$63,293Undivided profits
Memoranda
$65,059Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$825Earning assets
$0Long-term assets (5+ years)
$1,002Average Assets, year-to-date
$706,017Average Assets, quarterly
$0Volatile liabilities
$735,467Insider loans
$731,026FHLB advances
$80,939Loans and leases held for sale
$308Unused loan commitments
$33,083Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,226Total unused commitments
$0Restructured Loans and leases
$208,394Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$51,199Total interest income
$29,117Total interest expense
$22,082Net interest income
$30Provision for loan and lease losses
$1,257Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,257Additional noninterest income
$13,788Total noninterest expense
$10,269Salaries and employee benefits
$1,800Premises and equipment expense
$1,719Additional noninterest expense
$9,521Pre-tax net operating income
$0Securities gains (losses)
$3,318Applicable income taxes
$6,203Income before extraordinary items
$0Extraordinary gains - net
$6,203Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.20%Yield on earning assets
4.10%Cost of funding earning assets
3.11%Net interest margin
0.18%Noninterest income to earning assets
1.94%Noninterest expense to earning assets
0.84%Net operating income to assets
0.84%Return on assets (ROA)
1.29%Pretax return on assets
4.91%Return on equity (ROE)
4.91%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
750.00%Credit loss provision to net charge-offs
2387.75%Efficiency ratio
59,077Assets per employee
5.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.51%Loss allowance to noncurrent loans
136.00%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.38%Net loans and leases to deposits
38.65%Net loans and leases to core deposits
42.24%Equity capital to assets
17.64%Core capital (leverage) ratio
17.48%Tier 1 risk-based capital ratio
60.86%Total risk-based capital ratio
Memoranda
$61Average assets
$735,467Average earning assets
$126,250Average equity
$710,918Average loans
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