Orange Federal Savings and Loan Association in Chapel Hill, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1993

  • Orange Federal Savings and Loan Association in Chapel Hill, North Carolina (NC)
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Orange Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30521
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: RBC Bank (USA) (#33184)
    Federal Reserve ID: 342876
    Date Established: January 01, 1919
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5491
    FDIC's unique #: 43355
    Numeric code: 37
    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 12, 1951
    Last Structure Change Effective Date: January 01, 1993
    Last Structure Change Process Date: January 26, 1993
    Last Data Update: January 11, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 E Rosemary St, Chapel Hill, NC 27514
    County: Orange
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Raleigh-Durham-Chapel Hill, NC (#6640)
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Durham-Chapel Hill, NC (#20500)
    CBSA Metro Statistical Area: Durham-Chapel Hill, NC (#20500)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $83.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $83,771Cash and due from depository institutions
  • $1,351Interest-bearing balances
  • $149Securities
  • $2,501Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $77,123Loan loss allowance
  • $1,250Trading account assets
  • $0Bank premises and fixed assets
  • $1,302Other real estate owned
  • $0Goodwill and other intangibles
  • $1,494Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $83,771Total liabilities
  • $78,114Total deposits
  • $75,226Interest-bearing deposits
  • $74,623Deposits held in domestic offices
  • 75226.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,000Subordinated debt
  • $0All other liabilities
  • $888Total equity capital
  • $888Total bank equity capital
  • $5,657Perpetual preferred stock
  • $0Common stock
  • $6Surplus
  • $2,936Undivided profits
  • Memoranda
  • $2,715Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $336Income earned, not collected on loans
  • $517Earning assets
  • $79,773Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $91,825Average Assets, quarterly
  • $88,170Volatile liabilities
  • $9,700Insider loans
  • $0FHLB advances
  • $2,000Loans and leases held for sale
  • $0Unused loan commitments
  • $4,919Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,813Total interest expense
  • $4,284Net interest income
  • $3,529Provision for loan and lease losses
  • $1,236Total noninterest income
  • $234Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $234Total noninterest expense
  • $2,322Salaries and employee benefits
  • $972Premises and equipment expense
  • $313Additional noninterest expense
  • $1,037Pre-tax net operating income
  • $205Securities gains (losses)
  • $0Applicable income taxes
  • $1,009Income before extraordinary items
  • -$804Extraordinary gains - net
  • $0Net income attributable to bank
  • -$804Net charge-offs
  • $27Cash dividends
  • $122Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.95%Cost of funding earning assets
  • 4.91%Net interest margin
  • 4.04%Noninterest income to earning assets
  • 0.27%Noninterest expense to earning assets
  • 2.66%Net operating income to assets
  • -0.88%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • 0.22%Return on equity (ROE)
  • -11.91%Retained earnings to average equity (YTD only)
  • -13.72%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 4577.78%Efficiency ratio
  • 61,706Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -15.17%Loss allowance to loans
  • 1.59%Loss allowance to noncurrent loans
  • 372.02%Noncurrent assets plus other real estate owned to assets
  • 0.40%Noncurrent loans to loans
  • 0.43%Net loans and leases to deposits
  • 102.52%Net loans and leases to core deposits
  • 114.21%Equity capital to assets
  • 6.75%Core capital (leverage) ratio
  • 0.00%Tier 1 risk-based capital ratio
  • 0.00%Total risk-based capital ratio
  • Memoranda
  • $0Average assets
  • $91,825Average earning assets
  • $6,751Average equity
  • $87,252Average loans

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