Ashburton Federal Savings and Loan Association, Inc. - Overview
General
FDIC Certificate #: 32422 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Senator Bank (#32559) Federal Reserve ID: 510077 Date Established: June 01, 1954 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8246 FDIC's unique #: 45256 Numeric code: 38 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: December 03, 1985 Last Structure Change Effective Date: January 31, 2003 Last Structure Change Process Date: March 12, 2003 Last Data Update: March 12, 2003 Data Source Date: April 05, 2012
Location
Address: 463 Baltimore Boulevard, Westminster, MD 21157 County: Carroll 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)
Financial Summary
Total assets: $9.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
3Total employees (full-time equivalent)
$9,235Total assets
$3,112Cash and due from depository institutions
$3,025Interest-bearing balances
$3,231Securities
$0Federal funds sold & reverse repurchase agreements
$2,762Net loans & leases
$25Loan loss allowance
$0Trading account assets
$2Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$128All other assets
$9,235Total liabilities and capital
$8,630Total liabilities
$8,618Total deposits
$8,583Interest-bearing deposits
$8,618Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$12All other liabilities
$605Total equity capital
$605Total bank equity capital
$605Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$605Noncurrent loans and leases
$15Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$77Earning assets
$0Long-term assets (5+ years)
$38Average Assets, year-to-date
$9,018Average Assets, quarterly
$0Volatile liabilities
$9,347Insider loans
$9,101FHLB advances
$1,003Loans and leases held for sale
$198Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15Total unused commitments
$0Restructured Loans and leases
$25Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$573Total interest income
$413Total interest expense
$160Net interest income
$0Provision for loan and lease losses
$23Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$185Total noninterest expense
$89Salaries and employee benefits
$52Premises and equipment expense
$44Additional noninterest expense
-$2Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$2Income before extraordinary items
-$3Extraordinary gains - net
-$5Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.28%Yield on earning assets
4.53%Cost of funding earning assets
1.75%Net interest margin
0.25%Noninterest income to earning assets
2.03%Noninterest expense to earning assets
-0.02%Net operating income to assets
-0.05%Return on assets (ROA)
-0.05%Pretax return on assets
-0.82%Return on equity (ROE)
-0.82%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
101,093Assets per employee
3.08%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.90%Loss allowance to noncurrent loans
32.47%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
2.76%Net loans and leases to deposits
32.05%Net loans and leases to core deposits
36.27%Equity capital to assets
6.55%Core capital (leverage) ratio
6.55%Tier 1 risk-based capital ratio
22.18%Total risk-based capital ratio
Memoranda
$23Average assets
$9,347Average earning assets
$608Average equity
$9,125Average loans
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Ashburton Federal Savings and Loan Association, Inc.
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