FDIC Certificate #: 27716 Status: Active Federal Reserve ID: 809070 Date Established: January 01, 1910 WWW:http://www.mutualsavings.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 #: 165 FDIC's unique #: 40550 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: January 16, 1936 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: 2900 Clearview Parkway, Metairie, LA 70006 County: Jefferson Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): New Orleans, LA (#5560) Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406) Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380) CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $33.7 mil Equity capital: $11.4 mil Deposits held in domestic offices: $21.1 mil Return on assets (ROA): 0.93% ($0.3 mil) Quarterly return on assets: 0.95% ($0.3 mil) Return on Equity (ROE): 2.91% ($0.3 mil) Quarterly return on equity: 2.86% ($0.3 mil) Net income: $0.3 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.40% ($471.4 mil) Quarterly Pretax return on assets: 1.44% ($484.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$33,671Total assets
$877Cash and due from depository institutions
$728Interest-bearing balances
$93Securities
$0Federal funds sold & reverse repurchase agreements
$31,492Net loans & leases
$185Loan loss allowance
$0Trading account assets
$813Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$33,671Life insurance assets
$396All other assets
$22,295Total liabilities and capital
$21,070Total liabilities
$19,888Total deposits
$21,070Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,030Trading liabilities
$0Other borrowed funds
$195Subordinated debt
$11,376All other liabilities
$11,376Total equity capital
$11,376Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$11,376Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5Income earned, not collected on loans
$0Earning assets
$110Long-term assets (5+ years)
$32,313Average Assets, year-to-date
$0Average Assets, quarterly
$35,108Volatile liabilities
$34,058Insider loans
$17,824FHLB advances
$33,671Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,376Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,979Restructured Loans and leases
$601Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,836Total interest income
$231Total interest expense
$1,605Net interest income
$10Provision for loan and lease losses
$97Total noninterest income
$0Fiduciary activities
$37Service charges on deposit accounts
$0Trading account gains & fees
$60Additional noninterest income
$1,199Total noninterest expense
$704Salaries and employee benefits
$289Premises and equipment expense
$206Additional noninterest expense
$493Pre-tax net operating income
$0Securities gains (losses)
$167Applicable income taxes
$326Income before extraordinary items
$0Extraordinary gains - net
$326Net income attributable to bank
$0Net charge-offs
$326Cash dividends
$65Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.46%Yield on earning assets
0.69%Cost of funding earning assets
4.77%Net interest margin
0.29%Noninterest income to earning assets
3.56%Noninterest expense to earning assets
0.93%Net operating income to assets
0.93%Return on assets (ROA)
1.40%Pretax return on assets
2.91%Return on equity (ROE)
2.91%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
15.38%Credit loss provision to net charge-offs
7.74%Efficiency ratio
70,447Assets per employee
5.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.58%Loss allowance to noncurrent loans
3700.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
149.46%Net loans and leases to core deposits
171.65%Equity capital to assets
33.79%Core capital (leverage) ratio
33.79%Tier 1 risk-based capital ratio
63.82%Total risk-based capital ratio
Memoranda
$65Average assets
$35,108Average earning assets
$11,208Average equity
$33,642Average loans
List of branches
1 Louisiana Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40550
Mutual Savings And Loan Association
2900 Clearview Parkway, Metairie, LA 70006
January 01, 1910
Full Service Brick and Mortar
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