FDIC Certificate #: 32391 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Patapsco Bank (#30869) Federal Reserve ID: 247672 Date Established: October 18, 1985 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8215 FDIC's unique #: 45225 Numeric code: 33 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: October 18, 1985 Last Structure Change Effective Date: November 13, 2000 Last Structure Change Process Date: January 24, 2001 Last Data Update: January 24, 2001 Data Source Date: April 05, 2012
Location
Address: 1844 East Joppa Road, Baltimore, MD 21234 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)
Financial Summary
Total assets: $55.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
10Total employees (full-time equivalent)
$53,567Total assets
$1,667Cash and due from depository institutions
$1,047Interest-bearing balances
$7,949Securities
$0Federal funds sold & reverse repurchase agreements
$42,846Net loans & leases
$183Loan loss allowance
$0Trading account assets
$97Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,008All other assets
$53,567Total liabilities and capital
$48,585Total liabilities
$39,062Total deposits
$36,154Interest-bearing deposits
$39,062Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,222Other borrowed funds
$0Subordinated debt
$301All other liabilities
$4,982Total equity capital
$4,982Total bank equity capital
$4,982Perpetual preferred stock
$0Common stock
$1Surplus
$2,178Undivided profits
Memoranda
$2,803Noncurrent loans and leases
$3,221Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8Earning assets
$0Long-term assets (5+ years)
$171Average Assets, year-to-date
$51,842Average Assets, quarterly
$0Volatile liabilities
$48,869Insider loans
$52,447FHLB advances
$14,943Loans and leases held for sale
$0Unused loan commitments
$8,900Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,221Total unused commitments
$0Restructured Loans and leases
$183Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$3,486Total interest income
$1,935Total interest expense
$1,551Net interest income
$0Provision for loan and lease losses
$54Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$54Additional noninterest income
$1,016Total noninterest expense
$539Salaries and employee benefits
$293Premises and equipment expense
$184Additional noninterest expense
$589Pre-tax net operating income
$15Securities gains (losses)
$242Applicable income taxes
$362Income before extraordinary items
$0Extraordinary gains - net
$362Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$15Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.32%Yield on earning assets
4.06%Cost of funding earning assets
3.26%Net interest margin
0.11%Noninterest income to earning assets
2.13%Noninterest expense to earning assets
0.72%Net operating income to assets
0.74%Return on assets (ROA)
1.24%Pretax return on assets
7.25%Return on equity (ROE)
7.25%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
39.27%Efficiency ratio
63,302Assets per employee
5.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.43%Loss allowance to noncurrent loans
2287.50%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.02%Net loans and leases to deposits
109.69%Net loans and leases to core deposits
128.51%Equity capital to assets
9.30%Core capital (leverage) ratio
9.82%Tier 1 risk-based capital ratio
18.54%Total risk-based capital ratio
Memoranda
$19Average assets
$48,869Average earning assets
$4,994Average equity
$47,607Average loans
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