FDIC Certificate #: 28312 Status: Inactive Acquiring institution:Manufacturers and Traders Trust Company (#588) Federal Reserve ID: 250878 Date Established: January 01, 1903 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1348 FDIC's unique #: 41146 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: September 06, 1935 Last Structure Change Effective Date: August 28, 2009 Last Structure Change Process Date: August 31, 2009 Last Data Update: August 31, 2009 Data Source Date: April 05, 2012
Location
Address: 6900 York Road, Baltimore, MD 21212 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)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $451.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
93Total employees (full-time equivalent)
$504,385Total assets
$8,018Cash and due from depository institutions
$2,092Interest-bearing balances
$69,470Securities
$8,025Federal funds sold & reverse repurchase agreements
$386,370Net loans & leases
$6,346Loan loss allowance
$0Trading account assets
$5,960Bank premises and fixed assets
$375Other real estate owned
$9,842Goodwill and other intangibles
$1,029Life insurance assets
$16,325All other assets
$504,385Total liabilities and capital
$468,567Total liabilities
$401,443Total deposits
$393,998Interest-bearing deposits
$401,443Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$64,796Other borrowed funds
$0Subordinated debt
$2,328All other liabilities
$35,818Total equity capital
$35,818Total bank equity capital
$35,818Perpetual preferred stock
$0Common stock
$1Surplus
$3,000Undivided profits
Memoranda
$32,817Noncurrent loans and leases
$77,650Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$34,705Earning assets
$0Long-term assets (5+ years)
$2,049Average Assets, year-to-date
$465,957Average Assets, quarterly
$0Volatile liabilities
$533,236Insider loans
$512,991FHLB advances
$149,520Loans and leases held for sale
$304Unused loan commitments
$64,796Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$77,650Total unused commitments
$0Restructured Loans and leases
$4,178Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$28,822Total interest income
$17,319Total interest expense
$11,503Net interest income
$10,898Provision for loan and lease losses
$1,606Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,606Additional noninterest income
$13,268Total noninterest expense
$7,218Salaries and employee benefits
$2,707Premises and equipment expense
$3,343Additional noninterest expense
-$11,057Pre-tax net operating income
-$539Securities gains (losses)
-$4,688Applicable income taxes
-$6,908Income before extraordinary items
$0Extraordinary gains - net
-$6,908Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$7,701Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.79%Yield on earning assets
3.48%Cost of funding earning assets
2.31%Net interest margin
0.32%Noninterest income to earning assets
2.66%Noninterest expense to earning assets
-1.23%Net operating income to assets
-1.30%Return on assets (ROA)
-2.17%Pretax return on assets
-17.34%Return on equity (ROE)
-17.34%Retained earnings to average equity (YTD only)
1.85%Net charge-offs to loans
141.51%Credit loss provision to net charge-offs
-0.02%Efficiency ratio
98,474Assets per employee
5.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.62%Loss allowance to noncurrent loans
18.29%Noncurrent assets plus other real estate owned to assets
6.96%Noncurrent loans to loans
8.84%Net loans and leases to deposits
96.25%Net loans and leases to core deposits
121.99%Equity capital to assets
7.10%Core capital (leverage) ratio
4.61%Tier 1 risk-based capital ratio
6.82%Total risk-based capital ratio
Memoranda
$8Average assets
$533,236Average earning assets
$39,835Average equity
$497,948Average loans
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