Midstate Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 29930 Status: Active Federal Reserve ID: 702676 Date Established: April 04, 1884 WWW:http://www.midstatefed.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 #: 4364 FDIC's unique #: 42764 Numeric code: 38 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 05, 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: 6810 York Road, Baltimore, MD 21212 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
Change in Primary Regulatory Agency
Financial Summary
Total assets: $180.9 mil Equity capital: $20.3 mil Deposits held in domestic offices: $159.6 mil Return on assets (ROA): 0.32% ($0.6 mil) Quarterly return on assets: 0.17% ($0.3 mil) Return on Equity (ROE): 2.76% ($0.6 mil) Quarterly return on equity: 1.54% ($0.3 mil) Net income: $0.6 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.52% ($940.8 mil) Quarterly Pretax return on assets: 0.53% ($958.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
12Total employees (full-time equivalent)
$180,916Total assets
$9,948Cash and due from depository institutions
$6,966Interest-bearing balances
$34,740Securities
$12,909Federal funds sold & reverse repurchase agreements
$113,638Net loans & leases
$798Loan loss allowance
$0Trading account assets
$1,042Bank premises and fixed assets
$6,118Other real estate owned
$0Goodwill and other intangibles
$180,917Life insurance assets
$2,521All other assets
$160,591Total liabilities and capital
$159,638Total liabilities
$159,192Total deposits
$159,638Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$953Subordinated debt
$20,326All other liabilities
$20,326Total equity capital
$20,326Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$20,326Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,615Income earned, not collected on loans
$0Earning assets
$690Long-term assets (5+ years)
$168,253Average Assets, year-to-date
$0Average Assets, quarterly
$175,468Volatile liabilities
$178,658Insider loans
$89,738FHLB advances
$180,916Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,636Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,342Restructured Loans and leases
$460Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$7,913Total interest income
$3,742Total interest expense
$4,171Net interest income
$646Provision for loan and lease losses
-$384Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$384Additional noninterest income
$2,228Total noninterest expense
$1,287Salaries and employee benefits
$355Premises and equipment expense
$586Additional noninterest expense
$913Pre-tax net operating income
$0Securities gains (losses)
$358Applicable income taxes
$555Income before extraordinary items
$0Extraordinary gains - net
$555Net income attributable to bank
$0Net charge-offs
$555Cash dividends
$848Sale, 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
2.33%Cost of funding earning assets
2.60%Net interest margin
-0.24%Noninterest income to earning assets
1.39%Noninterest expense to earning assets
0.32%Net operating income to assets
0.32%Return on assets (ROA)
0.52%Pretax return on assets
2.76%Return on equity (ROE)
2.76%Retained earnings to average equity (YTD only)
0.74%Net charge-offs to loans
76.18%Credit loss provision to net charge-offs
1.84%Efficiency ratio
58,833Assets per employee
15.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.70%Loss allowance to noncurrent loans
9.26%Noncurrent assets plus other real estate owned to assets
8.14%Noncurrent loans to loans
7.53%Net loans and leases to deposits
71.18%Net loans and leases to core deposits
79.50%Equity capital to assets
11.24%Core capital (leverage) ratio
11.41%Tier 1 risk-based capital ratio
23.00%Total risk-based capital ratio
Memoranda
$24Average assets
$175,468Average earning assets
$20,106Average equity
$160,468Average loans
List of branches
1 Maryland Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42764
Midstate Federal Savings And Loan As
6810 York Road, Baltimore, MD 21212
April 04, 1884
Full Service Brick and Mortar
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