Presidential Bank, FSB in Bethesda, Maryland (MD), VA, DC
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Presidential Bank, FSB in Bethesda, Maryland (MD), VA, DC
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Presidential Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32363
    Status: Active
    Federal Reserve ID: 538473
    Date Established: April 15, 1985
    WWW: http://www.presidential.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 10 (Domestic: 10, Interstate: Yes)
    OTS Docket #: 8186
    FDIC's unique #: 45197
    Numeric code: 33
    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: Commercial Lending Specialization
    Date of Deposit Insurance: July 23, 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: 4520 East-West Highway, Bethesda, MD 20814
    County: Montgomery
    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): Washington, DC-MD-VA-WV (#8840)
    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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $548.4 mil
    Equity capital: $45.5 mil
    Deposits held in domestic offices: $497.1 mil
    Return on assets (ROA): 0.29% ($1.6 mil)
    Quarterly return on assets: 0.12% ($0.7 mil)
    Return on Equity (ROE): 3.69% ($1.7 mil)
    Quarterly return on equity: 1.46% ($0.7 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.64% ($3,509.7 mil)
    Quarterly Pretax return on assets: 0.20% ($1,096.8 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
  • 317Total employees (full-time equivalent)
  • $548,388Total assets
  • $121,443Cash and due from depository institutions
  • $120,710Interest-bearing balances
  • $1,559Securities
  • $95Federal funds sold & reverse repurchase agreements
  • $391,693Net loans & leases
  • $4,415Loan loss allowance
  • $0Trading account assets
  • $1,986Bank premises and fixed assets
  • $13,616Other real estate owned
  • $2Goodwill and other intangibles
  • $548,388Life insurance assets
  • $17,994All other assets
  • $501,638Total liabilities and capital
  • $497,066Total liabilities
  • $482,842Total deposits
  • $497,066Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,572Subordinated debt
  • $46,750All other liabilities
  • $45,517Total equity capital
  • $45,517Total bank equity capital
  • $0Perpetual preferred stock
  • $429Common stock
  • $6,381Surplus
  • $38,707Undivided profits
  • Memoranda
  • $1,233Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,357Income earned, not collected on loans
  • $0Earning assets
  • $2,115Long-term assets (5+ years)
  • $514,057Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $572,016Volatile liabilities
  • $547,788Insider loans
  • $319,356FHLB advances
  • $548,388Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $46,750Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $128,512Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,867Total interest income
  • $3,235Total interest expense
  • $19,632Net interest income
  • $1,046Provision for loan and lease losses
  • $30,555Total noninterest income
  • $0Fiduciary activities
  • $234Service charges on deposit accounts
  • $0Trading account gains & fees
  • $30,321Additional noninterest income
  • $45,226Total noninterest expense
  • $20,520Salaries and employee benefits
  • $5,780Premises and equipment expense
  • $18,926Additional noninterest expense
  • $3,915Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,002Applicable income taxes
  • $1,913Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,639Net income attributable to bank
  • $274Net charge-offs
  • $1,913Cash dividends
  • $4,945Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.27%Yield on earning assets
  • 0.60%Cost of funding earning assets
  • 3.66%Net interest margin
  • 5.70%Noninterest income to earning assets
  • 8.44%Noninterest expense to earning assets
  • 0.33%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 3.69%Return on equity (ROE)
  • 3.69%Retained earnings to average equity (YTD only)
  • 1.21%Net charge-offs to loans
  • 21.15%Credit loss provision to net charge-offs
  • 1.00%Efficiency ratio
  • 90,115Assets per employee
  • 1.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 33.05%Noncurrent assets plus other real estate owned to assets
  • 4.92%Noncurrent loans to loans
  • 3.37%Net loans and leases to deposits
  • 78.80%Net loans and leases to core deposits
  • 79.22%Equity capital to assets
  • 8.30%Core capital (leverage) ratio
  • 8.52%Tier 1 risk-based capital ratio
  • 14.64%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $572,016Average earning assets
  • $44,397Average equity
  • $535,694Average loans

List of branches

  • 1 District Of Columbia Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    1022878571660 K Street Branch1660 K Street, Washington, DC 20006June 30, 1989Full Service Brick and Mortar
  • 3 Maryland Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    045197Presidential Bank, Fsb4520 East-West Highway, Bethesda, MD 20814April 15, 1985Full Service Brick and Mortar
    104287859Rockville Branch807-G Rockville Pike, Rockville, MD 20852November 15, 1995Full Service Brick and Mortar
    110522047Www.Presidential.com Branch4520 East-West Hwy, Bethesda, MD 20814July 01, 2010Full Service Cyber
  • 6 Virginia Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    103287858Arlington Branch1700 North Moore Street, Arlington, VA 22209October 13, 1993Full Service Brick and Mortar
    105287860Mclean Branch1420 Chain Bridge Road, Mclean, VA 22101June 30, 1997Full Service Brick and Mortar
    106287861Arlington Branch901 N. Stuart Street, Arlington, VA 22203June 01, 1999Full Service Brick and Mortar
    107359806Reston Town Center1675 Reston Pkwy, Reston, VA 20194September 13, 2000Full Service Retail
    108441463International Drive Branch1861 International Drive, Mc Lean, VA 22102October 27, 2000Full Service Brick and Mortar
    109505886Leesburg Branch21 Catoctin Cir Se, Leesburg, VA 20175January 23, 2006Full Service Brick and Mortar

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