Second Federal Savings and Loan Association of Philadelphia
Second Federal Savings and Loan Association of Philadelphia in Philadelphia, Pennsylvania (PA) Overview, Financial Summary, Detailed Financial Reports, Branches
Second Federal Savings and Loan Association of Philadelphia in Philadelphia, Pennsylvania (PA)
Second Federal Savings and Loan Association of Philadelphia - Overview
General
FDIC Certificate #: 29627 Status: Active Federal Reserve ID: 460275 Date Established: January 01, 1924 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 #: 3776 FDIC's unique #: 42461 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: All Other Specialization < 1 Billion Date of Deposit Insurance: December 04, 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: 1727 Chestnut Street, Philadelphia, PA 19103 County: Philadelphia Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Philadelphia Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160) Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77) Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428) Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) Core Based Statistical Division: Philadelphia, PA (#37964)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $14.3 mil Equity capital: $6.3 mil Deposits held in domestic offices: $7.7 mil Return on assets (ROA): 0.08% ($0.0 mil) Quarterly return on assets: 1.53% ($0.2 mil) Return on Equity (ROE): 0.19% ($0.0 mil) Quarterly return on equity: 3.47% ($0.2 mil) Net income: $0.0 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.05% ($7.2 mil) Quarterly Pretax return on assets: 3.17% ($454.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
2Total employees (full-time equivalent)
$14,326Total assets
$953Cash and due from depository institutions
$738Interest-bearing balances
$7,242Securities
$0Federal funds sold & reverse repurchase agreements
$5,929Net loans & leases
$37Loan loss allowance
$0Trading account assets
$29Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$14,327Life insurance assets
$173All other assets
$8,000Total liabilities and capital
$7,712Total liabilities
$7,712Total deposits
$7,712Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$288Subordinated debt
$6,327All other liabilities
$6,327Total equity capital
$6,327Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$6,327Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6Income earned, not collected on loans
$0Earning assets
$33Long-term assets (5+ years)
$13,909Average Assets, year-to-date
$0Average Assets, quarterly
$14,444Volatile liabilities
$14,388Insider loans
$9,341FHLB advances
$14,158Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,222Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$100Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$661Total interest income
$85Total interest expense
$576Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$569Total noninterest expense
$437Salaries and employee benefits
$83Premises and equipment expense
$49Additional noninterest expense
$7Pre-tax net operating income
$0Securities gains (losses)
-$5Applicable income taxes
$12Income before extraordinary items
$0Extraordinary gains - net
$12Net income attributable to bank
$0Net charge-offs
$12Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.71%Yield on earning assets
0.61%Cost of funding earning assets
4.10%Net interest margin
0.00%Noninterest income to earning assets
4.05%Noninterest expense to earning assets
0.08%Net operating income to assets
0.08%Return on assets (ROA)
0.05%Pretax return on assets
0.19%Return on equity (ROE)
0.19%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
98,785Assets per employee
7.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.62%Loss allowance to noncurrent loans
616.67%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.10%Net loans and leases to deposits
76.88%Net loans and leases to core deposits
76.88%Equity capital to assets
44.16%Core capital (leverage) ratio
43.95%Tier 1 risk-based capital ratio
66.61%Total risk-based capital ratio
Memoranda
$67Average assets
$14,444Average earning assets
$6,287Average equity
$14,035Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42461
Second Federal Savings And Loan Asso
1727 Chestnut Street, Philadelphia, PA 19103
January 01, 1924
Full Service Brick and Mortar
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Second Federal Savings and Loan Association of Philadelphia
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