Auburn Federal Savings Bank in Auburn, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 20, 1993

  • Auburn Federal Savings Bank in Auburn, Alabama (AL)
  • Show street view No street view available for this location

Auburn Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 31427
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colonial Bank (#9609)
    Federal Reserve ID: 414876
    Date Established: Febuary 06, 1964
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6946
    FDIC's unique #: 44261
    Numeric code: 33
    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 06, 1964
    Last Structure Change Effective Date: March 20, 1993
    Last Structure Change Process Date: April 05, 1993
    Last Data Update: April 05, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 N College St, Auburn, AL 36830
    County: Lee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Auburn-Opelika, AL (#580)
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Auburn-Opelika, AL (#12220)
    CBSA Metro Statistical Area: Auburn-Opelika, AL (#12220)
  • Financial Summary
  • Total assets: $28.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6Total assets
  • $28,252Cash and due from depository institutions
  • $2,917Interest-bearing balances
  • $2,539Securities
  • $12,220Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $11,750Loan loss allowance
  • $246Trading account assets
  • $0Bank premises and fixed assets
  • $359Other real estate owned
  • $251Goodwill and other intangibles
  • $755Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $28,252Total liabilities
  • $24,301Total deposits
  • $24,047Interest-bearing deposits
  • $23,497Deposits held in domestic offices
  • 24047.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $254Total equity capital
  • $254Total bank equity capital
  • $3,951Perpetual preferred stock
  • $0Common stock
  • $2Surplus
  • $1,676Undivided profits
  • Memoranda
  • $2,273Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $643Income earned, not collected on loans
  • $75Earning assets
  • $26,509Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $30,694Average Assets, quarterly
  • $29,135Volatile liabilities
  • $3,459Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $351Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,951Total risk weighted assets
  • $11,033Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,339Total interest expense
  • $1,427Net interest income
  • $912Provision for loan and lease losses
  • $109Total noninterest income
  • $118Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $118Total noninterest expense
  • $789Salaries and employee benefits
  • $381Premises and equipment expense
  • $262Additional noninterest expense
  • $146Pre-tax net operating income
  • $132Securities gains (losses)
  • $3Applicable income taxes
  • $25Income before extraordinary items
  • $110Extraordinary gains - net
  • $0Net income attributable to bank
  • $110Net charge-offs
  • $6Cash dividends
  • $91Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.10%Cost of funding earning assets
  • 4.94%Net interest margin
  • 3.16%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 2.73%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 0.44%Return on equity (ROE)
  • 2.78%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 1816.67%Efficiency ratio
  • 76,602Assets per employee
  • 4.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.73%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 38.26%Noncurrent assets plus other real estate owned to assets
  • 3.16%Noncurrent loans to loans
  • 5.36%Net loans and leases to deposits
  • 48.86%Net loans and leases to core deposits
  • 57.07%Equity capital to assets
  • 13.98%Core capital (leverage) ratio
  • 13.98%Tier 1 risk-based capital ratio
  • 35.81%Total risk-based capital ratio
  • Memoranda
  • $37Average assets
  • $30,694Average earning assets
  • $3,958Average equity
  • $28,873Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Auburn Federal Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents