Evergreen Federal Savings and Loan Association in Charleston, West Virginia (WV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 17, 1993

  • Evergreen Federal Savings and Loan Association in Charleston, West Virginia (WV)
  • Show street view No street view available for this location

Evergreen Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 33498
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: The Merchants National Bank of Montgomery (#6778)
    Federal Reserve ID: 866176
    Date Established: September 13, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9420
    FDIC's unique #: 47246
    Numeric code: 38
    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: September 13, 1991
    Last Structure Change Effective Date: September 17, 1993
    Last Structure Change Process Date: September 22, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Bradford Street, Charleston, WV 25332
    County: Kanawha
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Scott Depot
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Charleston, WV (#1480)
    Core Based Statistical Area (CBSA): Charleston, WV (#16620)
    CBSA Metro Statistical Area: Charleston, WV (#16620)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $14.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $12Total assets
  • $17,694Cash and due from depository institutions
  • $1,068Interest-bearing balances
  • $527Securities
  • $825Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $14,538Loan loss allowance
  • $541Trading account assets
  • $0Bank premises and fixed assets
  • $839Other real estate owned
  • $0Goodwill and other intangibles
  • $424Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $17,694Total liabilities
  • $19,522Total deposits
  • $18,641Interest-bearing deposits
  • $18,247Deposits held in domestic offices
  • 18641.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $750Subordinated debt
  • $0All other liabilities
  • $131Total equity capital
  • $131Total bank equity capital
  • $-1,828Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-1,828Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,029Income earned, not collected on loans
  • $212Earning assets
  • $15,890Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $24,208Average Assets, quarterly
  • $18,932Volatile liabilities
  • $2,209Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-1,828Total risk weighted assets
  • $11,466Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,154Total interest expense
  • $1,465Net interest income
  • $689Provision for loan and lease losses
  • $327Total noninterest income
  • $463Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $463Total noninterest expense
  • $1,369Salaries and employee benefits
  • $347Premises and equipment expense
  • $141Additional noninterest expense
  • $881Pre-tax net operating income
  • -$544Securities gains (losses)
  • $0Applicable income taxes
  • $8Income before extraordinary items
  • -$552Extraordinary gains - net
  • $0Net income attributable to bank
  • -$552Net charge-offs
  • $219Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.91%Cost of funding earning assets
  • 6.74%Net interest margin
  • 3.17%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 6.30%Net operating income to assets
  • -2.28%Return on assets (ROA)
  • -2.28%Pretax return on assets
  • -2.25%Return on equity (ROE)
  • 37.06%Retained earnings to average equity (YTD only)
  • 37.06%Net charge-offs to loans
  • 1.09%Credit loss provision to net charge-offs
  • 149.32%Efficiency ratio
  • 118,837Assets per employee
  • 1.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.59%Loss allowance to noncurrent loans
  • 52.58%Noncurrent assets plus other real estate owned to assets
  • 5.82%Noncurrent loans to loans
  • 6.82%Net loans and leases to deposits
  • 77.99%Net loans and leases to core deposits
  • 84.61%Equity capital to assets
  • -10.33%Core capital (leverage) ratio
  • -10.33%Tier 1 risk-based capital ratio
  • -15.94%Total risk-based capital ratio
  • Memoranda
  • -$16Average assets
  • $24,208Average earning assets
  • -$1,490Average equity
  • $21,728Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Evergreen Federal Savings and Loan Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents