Enfield Federal Savings and Loan Association in Enfield, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 30, 2009

  • Enfield Federal Savings and Loan Association in Enfield, Connecticut (CT)
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Enfield Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28051
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NEW ENGLAND BANK (#35378)
    Federal Reserve ID: 801373
    Date Established: January 01, 1916
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 803
    FDIC's unique #: 40885
    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: July 26, 1938
    Last Structure Change Effective Date: April 30, 2009
    Last Structure Change Process Date: May 11, 2009
    Last Data Update: May 11, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 855 Enfield St, Enfield, CT 6082
    County: Hartford
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Hartford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Hartford, CT (#3280)
    Combined Statistical Area (CSA): Hartford-West Hartford-Willimantic, CT (#278)
    Core Based Statistical Area (CBSA): Hartford-West Hartford-East Hartford, CT (#25540)
    CBSA Metro Statistical Area: Hartford-West Hartford-East Hartford, CT (#25540)
  • Financial Summary
  • Total assets: $325.8 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
  • 67Total employees (full-time equivalent)
  • $307,913Total assets
  • $15,065Cash and due from depository institutions
  • $12,765Interest-bearing balances
  • $47,157Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $226,402Net loans & leases
  • $2,169Loan loss allowance
  • $0Trading account assets
  • $3,730Bank premises and fixed assets
  • $0Other real estate owned
  • $1,537Goodwill and other intangibles
  • $7,053Life insurance assets
  • $14,022All other assets
  • $307,913Total liabilities and capital
  • $283,089Total liabilities
  • $208,720Total deposits
  • $187,871Interest-bearing deposits
  • $208,720Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,799Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $57,183Other borrowed funds
  • $0Subordinated debt
  • $3,387All other liabilities
  • $24,824Total equity capital
  • $24,824Total bank equity capital
  • $24,824Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $26,660Undivided profits
  • Memoranda
  • $-1,836Noncurrent loans and leases
  • $27,169Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,256Earning assets
  • $0Long-term assets (5+ years)
  • $1,535Average Assets, year-to-date
  • $286,324Average Assets, quarterly
  • $0Volatile liabilities
  • $295,610Insider loans
  • $304,903FHLB advances
  • $107,803Loans and leases held for sale
  • $3,366Unused loan commitments
  • $54,777Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $27,169Total unused commitments
  • $0Restructured Loans and leases
  • $2,169Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $16,526Total interest income
  • $7,520Total interest expense
  • $9,006Net interest income
  • $240Provision for loan and lease losses
  • $851Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $851Additional noninterest income
  • $8,308Total noninterest expense
  • $4,940Salaries and employee benefits
  • $2,140Premises and equipment expense
  • $1,228Additional noninterest expense
  • $1,309Pre-tax net operating income
  • $169Securities gains (losses)
  • $404Applicable income taxes
  • $1,074Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,074Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $89Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.04%Yield on earning assets
  • 2.75%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.50%Pretax return on assets
  • 4.22%Return on equity (ROE)
  • -3.64%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 269.66%Credit loss provision to net charge-offs
  • 17.40%Efficiency ratio
  • 83,108Assets per employee
  • 4.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 186.22%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 96.14%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.99%Net loans and leases to deposits
  • 108.47%Net loans and leases to core deposits
  • 131.71%Equity capital to assets
  • 8.06%Core capital (leverage) ratio
  • 7.86%Tier 1 risk-based capital ratio
  • 11.09%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $295,610Average earning assets
  • $25,425Average equity
  • $273,477Average loans

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