First Federal Savings and Loan Association of East Hartford
First Federal Savings and Loan Association of East Hartford in East Hartford, Connecticut (CT) Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of August 31, 2001
First Federal Savings and Loan Association of East Hartford in East Hartford, Connecticut (CT)
First Federal Savings and Loan Association of East Hartford - Overview
General
FDIC Certificate #: 29478 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Savings Bank of Manchester (#17942) Federal Reserve ID: 501570 Date Established: January 01, 1930 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3524 FDIC's unique #: 42312 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: December 28, 1935 Last Structure Change Effective Date: August 31, 2001 Last Structure Change Process Date: September 10, 2001 Last Data Update: September 10, 2001 Data Source Date: April 05, 2012
Location
Address: 1137 Main St, East Hartford, CT 6108 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: $1,100.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
193Total employees (full-time equivalent)
$1,122,266Total assets
$38,599Cash and due from depository institutions
$25,900Interest-bearing balances
$764,813Securities
$0Federal funds sold & reverse repurchase agreements
$263,311Net loans & leases
$2,168Loan loss allowance
$0Trading account assets
$4,729Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$50,814All other assets
$1,122,266Total liabilities and capital
$1,034,236Total liabilities
$622,017Total deposits
$594,614Interest-bearing deposits
$622,017Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$405,683Other borrowed funds
$0Subordinated debt
$6,536All other liabilities
$88,030Total equity capital
$88,030Total bank equity capital
$88,030Perpetual preferred stock
$0Common stock
$28Surplus
$29,105Undivided profits
Memoranda
$58,897Noncurrent loans and leases
$31,384Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$682Earning assets
$0Long-term assets (5+ years)
$1,412Average Assets, year-to-date
$1,054,024Average Assets, quarterly
$0Volatile liabilities
$1,073,935Insider loans
$1,104,772FHLB advances
$466,971Loans and leases held for sale
$913Unused loan commitments
$405,683Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$31,384Total unused commitments
$514Restructured Loans and leases
$2,170Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$71,296Total interest income
$49,449Total interest expense
$21,847Net interest income
$210Provision for loan and lease losses
$4,968Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$4,968Additional noninterest income
$16,594Total noninterest expense
$9,522Salaries and employee benefits
$2,370Premises and equipment expense
$4,702Additional noninterest expense
$10,011Pre-tax net operating income
-$102Securities gains (losses)
$2,446Applicable income taxes
$7,463Income before extraordinary items
$0Extraordinary gains - net
$7,463Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$34Sale, conversion, retirement of capital stock, net
$2,253Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.13%Yield on earning assets
4.95%Cost of funding earning assets
2.19%Net interest margin
0.50%Noninterest income to earning assets
1.66%Noninterest expense to earning assets
0.70%Net operating income to assets
0.69%Return on assets (ROA)
0.92%Pretax return on assets
10.15%Return on equity (ROE)
7.09%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
617.65%Credit loss provision to net charge-offs
300.62%Efficiency ratio
61,883Assets per employee
5.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
30.19%Loss allowance to loans
0.82%Loss allowance to noncurrent loans
317.89%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.26%Net loans and leases to deposits
42.33%Net loans and leases to core deposits
46.96%Equity capital to assets
7.84%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
21.37%Total risk-based capital ratio
Memoranda
$22Average assets
$1,073,935Average earning assets
$73,513Average equity
$999,814Average loans
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First Federal Savings and Loan Association of East Hartford
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