First Savings and Loan Association in Mebane, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Savings and Loan Association in Mebane, North Carolina (NC)
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First Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30358
    Status: Active
    Federal Reserve ID: 141677
    Date Established: January 01, 1909
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 5224
    FDIC's unique #: 43192
    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: October 22, 1948
    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: 206 West Center Street, Mebane, NC 27302
    County: Alamance
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Greensboro--Winston-Salem--High Point, NC (#3120)
    Combined Statistical Area (CSA): Greensboro-Winston-Salem-High Point, NC (#268)
    Core Based Statistical Area (CBSA): Burlington, NC (#15500)
    CBSA Metro Statistical Area: Burlington, NC (#15500)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $59.7 mil
    Equity capital: $10.5 mil
    Deposits held in domestic offices: $49.0 mil
    Return on assets (ROA): 0.59% ($0.4 mil)
    Quarterly return on assets: 0.26% ($0.2 mil)
    Return on Equity (ROE): 3.36% ($0.4 mil)
    Quarterly return on equity: 1.48% ($0.2 mil)
    Net income: $0.3 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.84% ($501.7 mil)
    Quarterly Pretax return on assets: -0.03% (-$17.9 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
  • 6Total employees (full-time equivalent)
  • $59,728Total assets
  • $2,019Cash and due from depository institutions
  • $1,676Interest-bearing balances
  • $21,504Securities
  • $5,049Federal funds sold & reverse repurchase agreements
  • $30,409Net loans & leases
  • $336Loan loss allowance
  • $0Trading account assets
  • $311Bank premises and fixed assets
  • $162Other real estate owned
  • $0Goodwill and other intangibles
  • $59,728Life insurance assets
  • $274All other assets
  • $49,180Total liabilities and capital
  • $49,045Total liabilities
  • $49,045Total deposits
  • $49,045Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $135Subordinated debt
  • $10,548All other liabilities
  • $10,548Total equity capital
  • $10,548Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,548Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,392Income earned, not collected on loans
  • $0Earning assets
  • $76Long-term assets (5+ years)
  • $58,638Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $59,552Volatile liabilities
  • $60,457Insider loans
  • $22,883FHLB advances
  • $59,725Loans and leases held for sale
  • $6Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,545Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $690Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,800Total interest income
  • $692Total interest expense
  • $2,108Net interest income
  • $293Provision for loan and lease losses
  • $5Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5Additional noninterest income
  • $1,318Total noninterest expense
  • $906Salaries and employee benefits
  • $122Premises and equipment expense
  • $290Additional noninterest expense
  • $502Pre-tax net operating income
  • $0Securities gains (losses)
  • $152Applicable income taxes
  • $350Income before extraordinary items
  • $0Extraordinary gains - net
  • $350Net income attributable to bank
  • $0Net charge-offs
  • $350Cash dividends
  • $50Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.61%Net interest margin
  • 0.01%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 3.36%Return on equity (ROE)
  • 3.36%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 586.00%Credit loss provision to net charge-offs
  • 15.90%Efficiency ratio
  • 62,376Assets per employee
  • 9.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 24.14%Noncurrent assets plus other real estate owned to assets
  • 2.60%Noncurrent loans to loans
  • 4.53%Net loans and leases to deposits
  • 62.00%Net loans and leases to core deposits
  • 64.79%Equity capital to assets
  • 17.66%Core capital (leverage) ratio
  • 17.66%Tier 1 risk-based capital ratio
  • 46.08%Total risk-based capital ratio
  • Memoranda
  • $47Average assets
  • $59,552Average earning assets
  • $10,414Average equity
  • $58,417Average loans

List of branches

  • 1 North Carolina Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043192First Savings And Loan Association206 West Center Street, Mebane, NC 27302January 01, 1909Full Service Brick and Mortar

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