FDIC Certificate #: 29901 Status: Active Federal Reserve ID: 428471 Date Established: April 04, 1924 WWW:http://www.kopernikbank.com 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 #: 4295 FDIC's unique #: 42735 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: August 13, 1985 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: 2101 Eastern Avenue, Baltimore, MD 21231 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: $40.2 mil Equity capital: $4.3 mil Deposits held in domestic offices: $35.8 mil Return on assets (ROA): 0.22% ($0.1 mil) Quarterly return on assets: -0.41% (-$0.2 mil) Return on Equity (ROE): 2.01% ($0.1 mil) Quarterly return on equity: -3.79% (-$0.2 mil) Net income: $0.1 mil Quarterly Net income: -$0.0 mil Pretax return on assets: 0.48% ($192.9 mil) Quarterly Pretax return on assets: -0.39% (-$156.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$40,184Total assets
$6,908Cash and due from depository institutions
$1,647Interest-bearing balances
$4,094Securities
$711Federal funds sold & reverse repurchase agreements
$27,299Net loans & leases
$115Loan loss allowance
$0Trading account assets
$614Bank premises and fixed assets
$261Other real estate owned
$0Goodwill and other intangibles
$40,184Life insurance assets
$297All other assets
$35,883Total liabilities and capital
$35,787Total liabilities
$34,603Total deposits
$35,787Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$96Subordinated debt
$4,301All other liabilities
$4,301Total equity capital
$4,301Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$4,301Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$637Income earned, not collected on loans
$0Earning assets
$132Long-term assets (5+ years)
$33,751Average Assets, year-to-date
$0Average Assets, quarterly
$39,000Volatile liabilities
$39,578Insider loans
$18,277FHLB advances
$40,184Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$4,301Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$201Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,706Total interest income
$547Total interest expense
$1,159Net interest income
$215Provision for loan and lease losses
$24Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$24Additional noninterest income
$782Total noninterest expense
$448Salaries and employee benefits
$151Premises and equipment expense
$183Additional noninterest expense
$186Pre-tax net operating income
$0Securities gains (losses)
$100Applicable income taxes
$86Income before extraordinary items
$0Extraordinary gains - net
$86Net income attributable to bank
$0Net charge-offs
$86Cash dividends
$108Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
1.58%Cost of funding earning assets
3.35%Net interest margin
0.07%Noninterest income to earning assets
2.26%Noninterest expense to earning assets
0.22%Net operating income to assets
0.22%Return on assets (ROA)
0.48%Pretax return on assets
2.01%Return on equity (ROE)
2.01%Retained earnings to average equity (YTD only)
0.40%Net charge-offs to loans
199.07%Credit loss provision to net charge-offs
3.71%Efficiency ratio
66,103Assets per employee
6.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.42%Loss allowance to noncurrent loans
18.05%Noncurrent assets plus other real estate owned to assets
2.23%Noncurrent loans to loans
2.32%Net loans and leases to deposits
76.28%Net loans and leases to core deposits
87.51%Equity capital to assets
10.70%Core capital (leverage) ratio
10.70%Tier 1 risk-based capital ratio
23.53%Total risk-based capital ratio
Memoranda
$24Average assets
$39,000Average earning assets
$4,285Average equity
$34,616Average loans
List of branches
1 Maryland Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42735
Kopernik Federal Bank
2101 Eastern Avenue, Baltimore, MD 21231
April 04, 1924
Full Service Brick and Mortar
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