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- Banks in Maryland (MD)
- Equitable Bank
Equitable Bank in Wheaton, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of March 14, 2003
- Equitable Bank in Wheaton, Maryland (MD)
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Equitable Bank - Overview
- General
- FDIC Certificate #: 31606
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Branch Banking and Trust Company (#9846)
Federal Reserve ID: 193274
Date Established: December 01, 1971
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 7245
FDIC's unique #: 44440
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 01, 1972
Last Structure Change Effective Date: March 14, 2003
Last Structure Change Process Date: March 25, 2003
Last Data Update: March 25, 2003
Data Source Date: April 05, 2012 - Location
- Address: 11501 Georgia Ave, Wheaton, MD 20902
County: Montgomery
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): Washington, DC-MD-VA-WV (#8840)
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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644) - Financial Summary
- Total assets: $461.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
- Dollar figures in thousands
- 77Total employees (full-time equivalent)
- $461,133Total assets
- $7,716Cash and due from depository institutions
- $5,981Interest-bearing balances
- $121,912Securities
- $2,750Federal funds sold & reverse repurchase agreements
- $318,169Net loans & leases
- $877Loan loss allowance
- $0Trading account assets
- $982Bank premises and fixed assets
- $0Other real estate owned
- $0Goodwill and other intangibles
- $0Life insurance assets
- $9,604All other assets
- $461,133Total liabilities and capital
- $428,462Total liabilities
- $306,877Total deposits
- $299,835Interest-bearing deposits
- $306,877Deposits held in domestic offices
- 0.00%% insured (estimated)
- $0Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $120,000Other borrowed funds
- $0Subordinated debt
- $1,585All other liabilities
- $32,671Total equity capital
- $32,671Total bank equity capital
- $32,671Perpetual preferred stock
- $0Common stock
- $14Surplus
- $7,496Undivided profits
- Memoranda
- $25,161Noncurrent loans and leases
- $50,454Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $133Earning assets
- $0Long-term assets (5+ years)
- $1,463Average Assets, year-to-date
- $448,812Average Assets, quarterly
- $0Volatile liabilities
- $467,702Insider loans
- $460,762FHLB advances
- $175,775Loans and leases held for sale
- $2,360Unused loan commitments
- $120,000Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $50,454Total unused commitments
- $0Restructured Loans and leases
- $877Derivatives
Income and Expense (December 31, 2002)
- Dollar figures in thousands
- $27,488Total interest income
- $16,419Total interest expense
- $11,069Net interest income
- $90Provision for loan and lease losses
- $957Total noninterest income
- $0Fiduciary activities
- $0Service charges on deposit accounts
- $0Trading account gains & fees
- $957Additional noninterest income
- $6,970Total noninterest expense
- $4,014Salaries and employee benefits
- $1,193Premises and equipment expense
- $1,763Additional noninterest expense
- $4,966Pre-tax net operating income
- $445Securities gains (losses)
- $2,067Applicable income taxes
- $3,344Income before extraordinary items
- $0Extraordinary gains - net
- $3,344Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- -$16Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2002)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 6.04%Yield on earning assets
- 3.61%Cost of funding earning assets
- 2.43%Net interest margin
- 0.21%Noninterest income to earning assets
- 1.53%Noninterest expense to earning assets
- 0.65%Net operating income to assets
- 0.71%Return on assets (ROA)
- 1.16%Pretax return on assets
- 11.15%Return on equity (ROE)
- 11.15%Retained earnings to average equity (YTD only)
- -0.00%Net charge-offs to loans
- -562.50%Credit loss provision to net charge-offs
- 0.00%Efficiency ratio
- 57,958Assets per employee
- 5.99%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 0.27%Loss allowance to noncurrent loans
- 659.40%Noncurrent assets plus other real estate owned to assets
- 0.03%Noncurrent loans to loans
- 0.04%Net loans and leases to deposits
- 103.68%Net loans and leases to core deposits
- 126.71%Equity capital to assets
- 7.08%Core capital (leverage) ratio
- 7.08%Tier 1 risk-based capital ratio
- 13.80%Total risk-based capital ratio
- Memoranda
- $14Average assets
- $467,702Average earning assets
- $29,988Average equity
- $455,313Average loans
- bankencyclopedia.com
- Banks in Maryland (MD)
- Equitable Bank
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