Public Service Bank, a federal savings bank - Overview
General
FDIC Certificate #: 30393 Status: Inactive Closing history: Corrections Acquiring institution:South Side National Bank in St. Louis (#14322) Federal Reserve ID: 269179 Date Established: January 01, 1914 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5272 FDIC's unique #: 43227 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: March 07, 1949 Last Structure Change Effective Date: June 29, 1998 Last Structure Change Process Date: July 09, 1998 Last Data Update: July 21, 1998 Data Source Date: April 05, 2012
Location
Address: 6025 Chippewa Street, St. Louis, MO 63109 County: Saint Louis (City) Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: St. Louis Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040) Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476) Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180) CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $71.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
27Total employees (full-time equivalent)
$70,173Total assets
$4,192Cash and due from depository institutions
$4,042Interest-bearing balances
$14,823Securities
$0Federal funds sold & reverse repurchase agreements
$48,223Net loans & leases
$95Loan loss allowance
$0Trading account assets
$919Bank premises and fixed assets
$654Other real estate owned
$11Goodwill and other intangibles
$0Life insurance assets
$1,351All other assets
$70,173Total liabilities and capital
$65,756Total liabilities
$56,825Total deposits
$56,825Interest-bearing deposits
$56,825Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$8,410Other borrowed funds
$0Subordinated debt
$521All other liabilities
$4,417Total equity capital
$4,417Total bank equity capital
$4,417Perpetual preferred stock
$0Common stock
$102Surplus
$744Undivided profits
Memoranda
$3,571Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$119Earning assets
$0Long-term assets (5+ years)
$249Average Assets, year-to-date
$67,088Average Assets, quarterly
$0Volatile liabilities
$70,392Insider loans
$70,328FHLB advances
$10,567Loans and leases held for sale
$39Unused loan commitments
$8,410Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,578Total unused commitments
$0Restructured Loans and leases
$30,401Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,951Total interest income
$3,233Total interest expense
$1,718Net interest income
$34Provision for loan and lease losses
$163Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$163Additional noninterest income
$1,718Total noninterest expense
$1,053Salaries and employee benefits
$360Premises and equipment expense
$305Additional noninterest expense
$129Pre-tax net operating income
$357Securities gains (losses)
$190Applicable income taxes
$296Income before extraordinary items
$0Extraordinary gains - net
$296Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$55Sale, conversion, retirement of capital stock, net
$103Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.38%Yield on earning assets
4.82%Cost of funding earning assets
2.56%Net interest margin
0.24%Noninterest income to earning assets
2.56%Noninterest expense to earning assets
0.10%Net operating income to assets
0.42%Return on assets (ROA)
0.69%Pretax return on assets
6.86%Return on equity (ROE)
4.47%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
61.82%Credit loss provision to net charge-offs
2.96%Efficiency ratio
91,334Assets per employee
2.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
34.80%Loss allowance to loans
0.20%Loss allowance to noncurrent loans
79.83%Noncurrent assets plus other real estate owned to assets
1.10%Noncurrent loans to loans
0.25%Net loans and leases to deposits
84.86%Net loans and leases to core deposits
88.21%Equity capital to assets
6.29%Core capital (leverage) ratio
6.29%Tier 1 risk-based capital ratio
14.53%Total risk-based capital ratio
Memoranda
$15Average assets
$70,392Average earning assets
$4,313Average equity
$67,116Average loans
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