FDIC Certificate #: 27567 Status: Active Federal Reserve ID: 508270 Date Established: May 05, 1896 Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 40351 Numeric code: 42 Regulator: FDIC 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: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: August 08, 1989 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: September 22, 2010 Last Data Update: September 22, 2010 Data Source Date: April 05, 2012
Location
Address: 1 Crain Highway, S, Glen Burnie, MD 21061 County: Anne Arundel 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): Baltimore, MD (#720) 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): Baltimore-Towson, MD (#12580) CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
History of Changes
Corrections
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $74.2 mil Equity capital: $6.3 mil Deposits held in domestic offices: $67.2 mil Return on assets (ROA): 0.13% ($0.1 mil) Quarterly return on assets: 0.23% ($0.2 mil) Return on Equity (ROE): 1.54% ($0.1 mil) Quarterly return on equity: 2.66% ($0.2 mil) Net income: $0.1 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.13% ($96.5 mil) Quarterly Pretax return on assets: 0.23% ($170.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
5Total employees (full-time equivalent)
$74,232Total assets
$13,201Cash and due from depository institutions
$10,976Interest-bearing balances
$1,317Securities
$3,845Federal funds sold & reverse repurchase agreements
$54,961Net loans & leases
$402Loan loss allowance
$0Trading account assets
$51Bank premises and fixed assets
$180Other real estate owned
$0Goodwill and other intangibles
$74,232Life insurance assets
$677All other assets
$67,887Total liabilities and capital
$67,233Total liabilities
$67,233Total deposits
$67,233Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$654Subordinated debt
$6,345All other liabilities
$6,345Total equity capital
$6,345Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$6,345Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$411Income earned, not collected on loans
$0Earning assets
$246Long-term assets (5+ years)
$71,099Average Assets, year-to-date
$55,209Average Assets, quarterly
$72,904Volatile liabilities
$73,944Insider loans
$35,597FHLB advances
$74,572Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,345Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$853Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,000Total interest income
$2,327Total interest expense
$673Net interest income
$0Provision for loan and lease losses
$47Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$47Additional noninterest income
$623Total noninterest expense
$313Salaries and employee benefits
$18Premises and equipment expense
$292Additional noninterest expense
$97Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$97Income before extraordinary items
$0Extraordinary gains - net
$97Net income attributable to bank
$0Net charge-offs
$97Cash dividends
$73Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.25%Yield on earning assets
3.29%Cost of funding earning assets
0.95%Net interest margin
0.07%Noninterest income to earning assets
0.88%Noninterest expense to earning assets
0.13%Net operating income to assets
0.13%Return on assets (ROA)
0.13%Pretax return on assets
1.54%Return on equity (ROE)
1.54%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
1.33%Efficiency ratio
86,528Assets per employee
14.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.73%Loss allowance to noncurrent loans
97.81%Noncurrent assets plus other real estate owned to assets
0.80%Noncurrent loans to loans
0.74%Net loans and leases to deposits
81.75%Net loans and leases to core deposits
81.75%Equity capital to assets
8.55%Core capital (leverage) ratio
8.51%Tier 1 risk-based capital ratio
17.82%Total risk-based capital ratio
Memoranda
$19Average assets
$72,904Average earning assets
$6,303Average equity
$70,623Average loans
List of branches
1 Maryland Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40351
The Glen Burnie Mutual Savings Bank
1 Crain Highway, S, Glen Burnie, MD 21061
May 05, 1896
Full Service Brick and Mortar
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