K Bank in city_name, state_name - Detailed Financial Reports, Location

K Bank in Randallstown, Maryland (MD)
Show street view No street view available for this location

K Bank - Overview

General
FDIC Certificate #: 31263
Status: Inactive
Closing history: Corrections
Acquiring institution: Manufacturers and Traders Trust Company (#588)
Federal Reserve ID: 357375
Date Established: July 07, 1961
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 6633
FDIC's unique #: 44097
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: July 07, 1961
Last Structure Change Effective Date: November 05, 2010
Last Structure Change Process Date: November 08, 2010
Last Data Update: November 08, 2010
Data Source Date: April 05, 2012
Location
Address: 8601 Liberty Road, Randallstown, MD 21133
County: Baltimore
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
Absorption - Assisted
Corrections
Financial Summary
Total assets: $538.3 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, 2009)

Dollar figures in thousands
131Total employees (full-time equivalent)
$612,255Total assets
$38,832Cash and due from depository institutions
$21,699Interest-bearing balances
$72,920Securities
$474Federal funds sold & reverse repurchase agreements
$454,123Net loans & leases
$18,732Loan loss allowance
$0Trading account assets
$6,120Bank premises and fixed assets
$24,309Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$15,477All other assets
$612,255Total liabilities and capital
$589,639Total liabilities
$528,674Total deposits
$504,207Interest-bearing deposits
$528,674Deposits held in domestic offices
96.92%% insured (estimated)
$412Federal funds purchased & repurchase agreements
$0Trading liabilities
$59,500Other borrowed funds
$0Subordinated debt
$1,053All other liabilities
$22,616Total equity capital
$22,616Total bank equity capital
$22,616Perpetual preferred stock
$0Common stock
$1,500Surplus
$24,260Undivided profits
Memoranda
$-3,144Noncurrent loans and leases
$55,713Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$68,540Earning assets
$1,993Long-term assets (5+ years)
$2,641Average Assets, year-to-date
$549,216Average Assets, quarterly
$208,508Volatile liabilities
$656,593Insider loans
$635,598FHLB advances
$168,920Loans and leases held for sale
$0Unused loan commitments
$59,500Tier 1 (core) risk-based capital
$1,500Tier 2 risk-based capital
$2,647Total risk weighted assets
$55,713Total unused commitments
$30,986Restructured Loans and leases
$5,710Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$31,228Total interest income
$19,381Total interest expense
$11,847Net interest income
$20,865Provision for loan and lease losses
-$599Total noninterest income
$0Fiduciary activities
$628Service charges on deposit accounts
$0Trading account gains & fees
-$1,227Additional noninterest income
$19,871Total noninterest expense
$8,165Salaries and employee benefits
$2,904Premises and equipment expense
$8,802Additional noninterest expense
-$29,488Pre-tax net operating income
$762Securities gains (losses)
-$5,564Applicable income taxes
-$23,162Income before extraordinary items
$0Extraordinary gains - net
-$23,162Net income attributable to bank
$0Net charge-offs
-$23,162Cash dividends
$17,795Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.29%Yield on earning assets
3.28%Cost of funding earning assets
2.01%Net interest margin
-0.10%Noninterest income to earning assets
3.37%Noninterest expense to earning assets
-3.62%Net operating income to assets
-3.53%Return on assets (ROA)
-4.38%Pretax return on assets
-72.41%Return on equity (ROE)
-72.41%Retained earnings to average equity (YTD only)
3.41%Net charge-offs to loans
117.25%Credit loss provision to net charge-offs
-0.48%Efficiency ratio
176,663Assets per employee
4.67%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.96%Loss allowance to noncurrent loans
27.33%Noncurrent assets plus other real estate owned to assets
15.17%Noncurrent loans to loans
14.49%Net loans and leases to deposits
85.90%Net loans and leases to core deposits
108.99%Equity capital to assets
3.69%Core capital (leverage) ratio
3.48%Tier 1 risk-based capital ratio
5.08%Total risk-based capital ratio
Memoranda
$6Average assets
$656,593Average earning assets
$31,986Average equity
$590,247Average loans

K Bank in Randallstown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

K Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Comment about this bank, ask questions, or add new information about it:

K Bank in Randallstown, Maryland (MD)Overview, Financial Summary, Detailed Financial Reports, Branches

K Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Comment about this bank, ask questions, or add new information about it:

K Bank in Randallstown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches