Talladega Federal Savings and Loan Association in Talladega, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 29, 1995

Talladega Federal Savings and Loan Association in Talladega, Alabama (AL)
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Talladega Federal Savings and Loan Association - Overview

General
FDIC Certificate #: 31688
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Bank of Talladega (#33623)
Federal Reserve ID: 24770
Date Established: January 01, 1973
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 7344
FDIC's unique #: 44522
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: Febuary 21, 1974
Last Structure Change Effective Date: December 29, 1995
Last Structure Change Process Date: January 31, 1996
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 200 East Battle Street, Talladega, AL 35160
County: Talladega
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Core Based Statistical Area (CBSA): Talladega-Sylacauga, AL (#45180)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $35.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$17Total assets
$34,379Cash and due from depository institutions
$2,863Interest-bearing balances
$2,054Securities
$11,858Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$18,224Loan loss allowance
$290Trading account assets
$0Bank premises and fixed assets
$606Other real estate owned
$247Goodwill and other intangibles
$577Life insurance assets
$4All other assets
$0Total liabilities and capital
$34,379Total liabilities
$32,442Total deposits
$32,370Interest-bearing deposits
$31,786Deposits held in domestic offices
32370.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$72Total equity capital
$72Total bank equity capital
$1,937Perpetual preferred stock
$0Common stock
$125Surplus
$1,017Undivided profits
Memoranda
$795Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$433Income earned, not collected on loans
$139Earning assets
$32,136Long-term assets (5+ years)
$0Average Assets, year-to-date
$35,130Average Assets, quarterly
$34,644Volatile liabilities
$3,432Insider loans
$191FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$79Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,937Total risk weighted assets
$15,004Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,333Total interest expense
$1,298Net interest income
$1,035Provision for loan and lease losses
-$130Total noninterest income
$192Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$192Total noninterest expense
$1,132Salaries and employee benefits
$573Premises and equipment expense
$175Additional noninterest expense
$384Pre-tax net operating income
$225Securities gains (losses)
$0Applicable income taxes
$75Income before extraordinary items
$150Extraordinary gains - net
$0Net income attributable to bank
$150Net charge-offs
$0Cash dividends
$19Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.22%Cost of funding earning assets
4.01%Net interest margin
3.20%Noninterest income to earning assets
0.59%Noninterest expense to earning assets
3.50%Net operating income to assets
0.43%Return on assets (ROA)
0.43%Pretax return on assets
0.64%Return on equity (ROE)
7.86%Retained earnings to average equity (YTD only)
6.86%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
92,095Assets per employee
2.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.67%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
66.97%Noncurrent assets plus other real estate owned to assets
1.98%Noncurrent loans to loans
2.34%Net loans and leases to deposits
56.30%Net loans and leases to core deposits
62.98%Equity capital to assets
5.63%Core capital (leverage) ratio
5.63%Tier 1 risk-based capital ratio
12.91%Total risk-based capital ratio
Memoranda
$14Average assets
$35,130Average earning assets
$1,909Average equity
$32,331Average loans

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