Joachim Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 31332 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First State Community Bank (#17323) Federal Reserve ID: 391874 Date Established: July 02, 1962 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6759 FDIC's unique #: 44166 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: July 02, 1962 Last Structure Change Effective Date: June 12, 1998 Last Structure Change Process Date: June 24, 1998 Last Data Update: June 24, 1998 Data Source Date: April 05, 2012
Location
Address: Plaza Square, Desoto, MO 63020 County: Jefferson Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
Financial Summary
Total assets: $32.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
13Total employees (full-time equivalent)
$32,636Total assets
$3,066Cash and due from depository institutions
$2,510Interest-bearing balances
$3,266Securities
$0Federal funds sold & reverse repurchase agreements
$25,292Net loans & leases
$75Loan loss allowance
$0Trading account assets
$477Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$535All other assets
$32,636Total liabilities and capital
$24,734Total liabilities
$24,040Total deposits
$24,028Interest-bearing deposits
$24,040Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$404Other borrowed funds
$0Subordinated debt
$290All other liabilities
$7,902Total equity capital
$7,902Total bank equity capital
$7,902Perpetual preferred stock
$0Common stock
$1Surplus
$3,984Undivided profits
Memoranda
$3,917Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$85Earning assets
$0Long-term assets (5+ years)
$137Average Assets, year-to-date
$31,068Average Assets, quarterly
$0Volatile liabilities
$32,985Insider loans
$33,024FHLB advances
$2,318Loans and leases held for sale
$34Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$291Total unused commitments
$0Restructured Loans and leases
$16,495Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,395Total interest income
$1,114Total interest expense
$1,281Net interest income
$14Provision for loan and lease losses
$78Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$78Additional noninterest income
$967Total noninterest expense
$738Salaries and employee benefits
$95Premises and equipment expense
$134Additional noninterest expense
$378Pre-tax net operating income
$0Securities gains (losses)
$157Applicable income taxes
$221Income before extraordinary items
$0Extraordinary gains - net
$221Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.62%Yield on earning assets
3.54%Cost of funding earning assets
4.07%Net interest margin
0.25%Noninterest income to earning assets
3.08%Noninterest expense to earning assets
0.67%Net operating income to assets
0.67%Return on assets (ROA)
1.15%Pretax return on assets
2.88%Return on equity (ROE)
2.88%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
127.27%Credit loss provision to net charge-offs
35.64%Efficiency ratio
71,155Assets per employee
2.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.30%Loss allowance to noncurrent loans
88.24%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.34%Net loans and leases to deposits
105.21%Net loans and leases to core deposits
114.31%Equity capital to assets
24.21%Core capital (leverage) ratio
24.21%Tier 1 risk-based capital ratio
47.91%Total risk-based capital ratio
Memoranda
$48Average assets
$32,985Average earning assets
$7,673Average equity
$31,444Average loans
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