Eureka Homestead in Metairie, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Eureka Homestead in Metairie, Louisiana (LA)
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Eureka Homestead - Overview

  • General
  • FDIC Certificate #: 29268
    Status: Active
    Federal Reserve ID: 794475
    Date Established: January 01, 1884
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3193
    FDIC's unique #: 42102
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: August 03, 1935
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1922 Veterans Boulevard, Metairie, LA 70005
    County: Jefferson
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $95.6 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $63.2 mil
    Return on assets (ROA): 0.23% ($0.2 mil)
    Quarterly return on assets: -0.80% (-$0.8 mil)
    Return on Equity (ROE): 1.88% ($0.2 mil)
    Quarterly return on equity: -6.49% (-$0.8 mil)
    Net income: $0.2 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.29% ($277.4 mil)
    Quarterly Pretax return on assets: -1.27% (-$1,214.7 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, 2011)

  • Dollar figures in thousands
  • 18Total employees (full-time equivalent)
  • $95,642Total assets
  • $5,399Cash and due from depository institutions
  • $5,054Interest-bearing balances
  • $31,310Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $51,281Net loans & leases
  • $800Loan loss allowance
  • $0Trading account assets
  • $923Bank premises and fixed assets
  • $1,065Other real estate owned
  • $0Goodwill and other intangibles
  • $95,642Life insurance assets
  • $5,664All other assets
  • $83,949Total liabilities and capital
  • $63,219Total liabilities
  • $63,219Total deposits
  • $63,219Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $19,258Trading liabilities
  • $0Other borrowed funds
  • $1,472Subordinated debt
  • $11,693All other liabilities
  • $11,693Total equity capital
  • $11,693Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $11,693Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $333Income earned, not collected on loans
  • $0Earning assets
  • $568Long-term assets (5+ years)
  • $87,645Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $95,171Volatile liabilities
  • $95,472Insider loans
  • $44,903FHLB advances
  • $95,320Loans and leases held for sale
  • $3,210Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,371Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $755Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,116Total interest income
  • $1,764Total interest expense
  • $2,352Net interest income
  • $235Provision for loan and lease losses
  • $552Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $552Additional noninterest income
  • $2,971Total noninterest expense
  • $1,567Salaries and employee benefits
  • $389Premises and equipment expense
  • $1,015Additional noninterest expense
  • -$302Pre-tax net operating income
  • $579Securities gains (losses)
  • $58Applicable income taxes
  • $219Income before extraordinary items
  • $0Extraordinary gains - net
  • $219Net income attributable to bank
  • $0Net charge-offs
  • $219Cash dividends
  • $435Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.72%Yield on earning assets
  • 2.02%Cost of funding earning assets
  • 2.70%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • -0.25%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 1.88%Return on equity (ROE)
  • 1.88%Retained earnings to average equity (YTD only)
  • 0.82%Net charge-offs to loans
  • 54.02%Credit loss provision to net charge-offs
  • -0.15%Efficiency ratio
  • 102,307Assets per employee
  • 5.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 240.24%Noncurrent assets plus other real estate owned to assets
  • 1.46%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 81.12%Net loans and leases to core deposits
  • 84.44%Equity capital to assets
  • 12.23%Core capital (leverage) ratio
  • 11.93%Tier 1 risk-based capital ratio
  • 25.32%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $95,171Average earning assets
  • $11,634Average equity
  • $87,174Average loans

List of branches

  • 2 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042102Eureka Homestead1922 Veterans Boulevard, Metairie, LA 70005January 01, 1884Full Service Brick and Mortar
    1274146Belle Chasse Hwy,north Branch2112 Belle Chasse Highway, Suite 1, Gretna, LA 70056January 01, 1884Full Service Brick and Mortar

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