Augusta Federal Savings Bank in Augusta, Maine (ME)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 18, 2001

  • Augusta Federal Savings Bank in Augusta, Maine (ME)
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Augusta Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28242
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Bank of Maine (#19686)
    Federal Reserve ID: 696074
    Date Established: January 01, 1887
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1220
    FDIC's unique #: 41076
    Numeric code: 34
    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: June 30, 1959
    Last Structure Change Effective Date: May 18, 2001
    Last Structure Change Process Date: June 08, 2001
    Last Data Update: June 08, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 22 Western Ave, Augusta, ME 4330
    County: Kennebec
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Concord
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Core Based Statistical Area (CBSA): Augusta-Waterville, ME (#12300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $89.2 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $100,566Total assets
  • $7,308Cash and due from depository institutions
  • $6,304Interest-bearing balances
  • $5,481Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $83,991Net loans & leases
  • $546Loan loss allowance
  • $0Trading account assets
  • $1,916Bank premises and fixed assets
  • $105Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,765All other assets
  • $100,566Total liabilities and capital
  • $91,156Total liabilities
  • $80,026Total deposits
  • $77,494Interest-bearing deposits
  • $80,026Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $11,000Other borrowed funds
  • $0Subordinated debt
  • $130All other liabilities
  • $9,410Total equity capital
  • $9,410Total bank equity capital
  • $9,410Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $9,410Noncurrent loans and leases
  • $3,983Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $426Earning assets
  • $0Long-term assets (5+ years)
  • $399Average Assets, year-to-date
  • $95,776Average Assets, quarterly
  • $0Volatile liabilities
  • $101,779Insider loans
  • $100,931FHLB advances
  • $23,523Loans and leases held for sale
  • $550Unused loan commitments
  • $11,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,983Total unused commitments
  • $5Restructured Loans and leases
  • $546Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $7,604Total interest income
  • $4,479Total interest expense
  • $3,125Net interest income
  • $204Provision for loan and lease losses
  • $170Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $170Additional noninterest income
  • $2,773Total noninterest expense
  • $1,472Salaries and employee benefits
  • $510Premises and equipment expense
  • $791Additional noninterest expense
  • $318Pre-tax net operating income
  • -$27Securities gains (losses)
  • $83Applicable income taxes
  • $208Income before extraordinary items
  • -$83Extraordinary gains - net
  • $125Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $35Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.80%Yield on earning assets
  • 4.60%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.85%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.20%Pretax return on assets
  • 1.33%Return on equity (ROE)
  • 1.33%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 582.86%Credit loss provision to net charge-offs
  • 14.91%Efficiency ratio
  • 84,158Assets per employee
  • 3.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.65%Loss allowance to noncurrent loans
  • 128.17%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 104.95%Net loans and leases to core deposits
  • 124.43%Equity capital to assets
  • 9.36%Core capital (leverage) ratio
  • 9.36%Tier 1 risk-based capital ratio
  • 16.55%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $101,779Average earning assets
  • $9,390Average equity
  • $97,462Average loans
1
MICHAEL TARQUINIO
I was going through some my mom picture and found "notice of certificate maturity " certificate number 10-30 7380 it was in Guy Mascetta or Ida Tarquinio my mother both are dead. I just would like to know if it ever was cash ?
2
Susan Poliacik
Mar 2, 2023 @ 3:15 pm
There was a safe deposit box rented rented from Augusta Federal Savings bank on June 26, 2000. Where would its contents have been sent when the bank was sold?

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