BUCS Federal Bank in Owings Mills, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2007

  • BUCS Federal Bank in Owings Mills, Maryland (MD)
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BUCS Federal Bank - Overview

  • General
  • FDIC Certificate #: 34795
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CommunityBanks (#12984)
    Federal Reserve ID: 878982
    Date Established: January 01, 1970
    WWW: http://www.bucsfederal.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14379
    FDIC's unique #: 61642
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: March 02, 1998
    Last Structure Change Effective Date: April 01, 2007
    Last Structure Change Process Date: June 11, 2007
    Last Data Update: June 11, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10455 Mill Run Circle, Owings Mills, MD 21117
    County: Baltimore
    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: $145.2 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, 2006)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $150,068Total assets
  • $8,742Cash and due from depository institutions
  • $5,833Interest-bearing balances
  • $9,571Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $123,178Net loans & leases
  • $790Loan loss allowance
  • $0Trading account assets
  • $3,583Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $2,295Life insurance assets
  • $4,994All other assets
  • $150,068Total liabilities and capital
  • $136,956Total liabilities
  • $114,246Total deposits
  • $97,991Interest-bearing deposits
  • $114,246Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,536Other borrowed funds
  • $0Subordinated debt
  • $2,174All other liabilities
  • $13,112Total equity capital
  • $13,112Total bank equity capital
  • $13,112Perpetual preferred stock
  • $0Common stock
  • $10Surplus
  • $3,566Undivided profits
  • Memoranda
  • $9,536Noncurrent loans and leases
  • $37,002Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $257Earning assets
  • $0Long-term assets (5+ years)
  • $654Average Assets, year-to-date
  • $138,582Average Assets, quarterly
  • $0Volatile liabilities
  • $143,274Insider loans
  • $149,049FHLB advances
  • $37,574Loans and leases held for sale
  • $1,879Unused loan commitments
  • $20,400Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $37,002Total unused commitments
  • $1,295Restructured Loans and leases
  • $790Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $8,615Total interest income
  • $3,975Total interest expense
  • $4,640Net interest income
  • $476Provision for loan and lease losses
  • $3,051Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,051Additional noninterest income
  • $5,830Total noninterest expense
  • $3,166Salaries and employee benefits
  • $972Premises and equipment expense
  • $1,692Additional noninterest expense
  • $1,385Pre-tax net operating income
  • $0Securities gains (losses)
  • $535Applicable income taxes
  • $850Income before extraordinary items
  • $0Extraordinary gains - net
  • $850Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $353Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.55%Yield on earning assets
  • 3.02%Cost of funding earning assets
  • 3.53%Net interest margin
  • 2.32%Noninterest income to earning assets
  • 4.43%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 6.87%Return on equity (ROE)
  • 6.87%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 134.84%Credit loss provision to net charge-offs
  • 5.27%Efficiency ratio
  • 75,803Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 307.39%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.21%Net loans and leases to deposits
  • 107.82%Net loans and leases to core deposits
  • 126.72%Equity capital to assets
  • 8.74%Core capital (leverage) ratio
  • 8.74%Tier 1 risk-based capital ratio
  • 10.78%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $143,274Average earning assets
  • $12,380Average equity
  • $131,492Average loans

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