FDIC Certificate #: 57812 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:Fidelity Homestead Savings Bank (#28316) Federal Reserve ID: 3284427 Date Established: November 03, 2004 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 426528 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 03, 2004 Last Structure Change Effective Date: November 15, 2007 Last Structure Change Process Date: November 29, 2007 Last Data Update: November 29, 2007 Data Source Date: April 05, 2012
Location
Address: 1639 Highway 51, Ponchatoula, LA 70454 County: Tangipahoa Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Hammond, LA (#25220) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $56.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
22Total employees (full-time equivalent)
$46,010Total assets
$812Cash and due from depository institutions
$7Interest-bearing balances
$1,034Securities
$2,375Federal funds sold & reverse repurchase agreements
$38,923Net loans & leases
$386Loan loss allowance
$0Trading account assets
$1,814Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,052All other assets
$46,010Total liabilities and capital
$42,209Total liabilities
$41,803Total deposits
$37,699Interest-bearing deposits
$41,803Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$406All other liabilities
$3,801Total equity capital
$3,801Total bank equity capital
$3,801Perpetual preferred stock
$0Common stock
$540Surplus
$4,663Undivided profits
Memoranda
$-1,402Noncurrent loans and leases
$12,121Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1Earning assets
$0Long-term assets (5+ years)
$208Average Assets, year-to-date
$42,339Average Assets, quarterly
$235Volatile liabilities
$41,528Insider loans
$47,546FHLB advances
$9,384Loans and leases held for sale
$5,236Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,121Total unused commitments
$0Restructured Loans and leases
$386Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$3,070Total interest income
$1,286Total interest expense
$1,784Net interest income
$1,147Provision for loan and lease losses
$263Total noninterest income
$0Fiduciary activities
$70Service charges on deposit accounts
$0Trading account gains & fees
$193Additional noninterest income
$1,701Total noninterest expense
$959Salaries and employee benefits
$199Premises and equipment expense
$543Additional noninterest expense
-$801Pre-tax net operating income
$0Securities gains (losses)
-$263Applicable income taxes
-$538Income before extraordinary items
$0Extraordinary gains - net
-$538Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$985Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
3.38%Cost of funding earning assets
4.69%Net interest margin
0.69%Noninterest income to earning assets
4.47%Noninterest expense to earning assets
-1.30%Net operating income to assets
-1.30%Return on assets (ROA)
-1.93%Pretax return on assets
-13.22%Return on equity (ROE)
-13.22%Retained earnings to average equity (YTD only)
2.97%Net charge-offs to loans
116.45%Credit loss provision to net charge-offs
0.35%Efficiency ratio
83,097Assets per employee
2.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.98%Loss allowance to noncurrent loans
38600.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
93.11%Net loans and leases to core deposits
120.06%Equity capital to assets
8.26%Core capital (leverage) ratio
7.20%Tier 1 risk-based capital ratio
8.68%Total risk-based capital ratio
Memoranda
$10Average assets
$41,528Average earning assets
$4,069Average equity
$38,015Average loans
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