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

This bank is inactive as of April 12, 1996

  • First Empire Federal Savings and Loan Association in Charleston, West Virginia (WV)
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First Empire Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29280
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Bank (#6784)
    Federal Reserve ID: 232173
    Date Established: January 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3216
    FDIC's unique #: 42114
    Numeric code: 37
    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: March 20, 1935
    Last Structure Change Effective Date: April 12, 1996
    Last Structure Change Process Date: April 25, 1996
    Last Data Update: April 25, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 227 Capitol Street, Charleston, WV 25301
    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)
  • Financial Summary
  • Total assets: $396.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $127Total assets
  • $398,393Cash and due from depository institutions
  • $23,444Interest-bearing balances
  • $16,502Securities
  • $8,046Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $356,452Loan loss allowance
  • $2,528Trading account assets
  • $0Bank premises and fixed assets
  • $4,191Other real estate owned
  • $34Goodwill and other intangibles
  • $5,841Life insurance assets
  • $385All other assets
  • $0Total liabilities and capital
  • $398,393Total liabilities
  • $363,089Total deposits
  • $318,311Interest-bearing deposits
  • $288,135Deposits held in domestic offices
  • 318311.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $41,597Subordinated debt
  • $0All other liabilities
  • $3,181Total equity capital
  • $3,181Total bank equity capital
  • $35,304Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $2,900Undivided profits
  • Memoranda
  • $32,304Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,901Income earned, not collected on loans
  • $1,659Earning assets
  • $381,000Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $388,047Average Assets, quarterly
  • $388,804Volatile liabilities
  • $77,767Insider loans
  • $215FHLB advances
  • $41,597Loans and leases held for sale
  • $0Unused loan commitments
  • $9,456Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $35,192Total risk weighted assets
  • $218,314Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $28,887Total interest expense
  • $15,395Net interest income
  • $13,492Provision for loan and lease losses
  • $245Total noninterest income
  • $1,622Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,622Total noninterest expense
  • $8,051Salaries and employee benefits
  • $3,766Premises and equipment expense
  • $2,181Additional noninterest expense
  • $2,104Pre-tax net operating income
  • $6,818Securities gains (losses)
  • $1,012Applicable income taxes
  • $2,544Income before extraordinary items
  • $5,286Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,286Net charge-offs
  • $14Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.78%Cost of funding earning assets
  • 4.15%Net interest margin
  • 3.63%Noninterest income to earning assets
  • 0.44%Noninterest expense to earning assets
  • 2.17%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 2.02%Return on equity (ROE)
  • 16.17%Retained earnings to average equity (YTD only)
  • 16.17%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 1750.00%Efficiency ratio
  • 53,268Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 132.98%Noncurrent assets plus other real estate owned to assets
  • 0.49%Noncurrent loans to loans
  • 0.53%Net loans and leases to deposits
  • 111.98%Net loans and leases to core deposits
  • 126.34%Equity capital to assets
  • 8.86%Core capital (leverage) ratio
  • 8.84%Tier 1 risk-based capital ratio
  • 16.12%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $388,047Average earning assets
  • $32,698Average equity
  • $371,403Average loans

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