Globe Homestead Savings Bank in Metairie, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 13, 2009

  • Globe Homestead Savings Bank in Metairie, Louisiana (LA)
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Globe Homestead Savings Bank - Overview

  • General
  • FDIC Certificate #: 29869
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank and Trust (#33405)
    Federal Reserve ID: 1000379
    Date Established: March 01, 1937
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4232
    FDIC's unique #: 42703
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: April 02, 1937
    Last Structure Change Effective Date: Febuary 13, 2009
    Last Structure Change Process Date: Febuary 17, 2009
    Last Data Update: Febuary 17, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 4051 Veterans Boulevard, Suite 100, Metairie, LA 70002
    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)
  • Financial Summary
  • Total assets: $27.1 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, 2008)

  • Dollar figures in thousands
  • 4Total employees (full-time equivalent)
  • $27,071Total assets
  • $130Cash and due from depository institutions
  • $88Interest-bearing balances
  • $578Securities
  • $1,136Federal funds sold & reverse repurchase agreements
  • $24,603Net loans & leases
  • $75Loan loss allowance
  • $0Trading account assets
  • $13Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $611All other assets
  • $27,071Total liabilities and capital
  • $21,594Total liabilities
  • $16,904Total deposits
  • $16,904Interest-bearing deposits
  • $16,904Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,561Other borrowed funds
  • $0Subordinated debt
  • $129All other liabilities
  • $5,477Total equity capital
  • $5,477Total bank equity capital
  • $5,477Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $1,443Undivided profits
  • Memoranda
  • $4,034Noncurrent loans and leases
  • $1,028Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $97Average Assets, year-to-date
  • $26,405Average Assets, quarterly
  • $0Volatile liabilities
  • $27,989Insider loans
  • $27,531FHLB advances
  • $7,712Loans and leases held for sale
  • $935Unused loan commitments
  • $4,417Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,028Total unused commitments
  • $0Restructured Loans and leases
  • $75Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $1,583Total interest income
  • $901Total interest expense
  • $682Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $601Total noninterest expense
  • $291Salaries and employee benefits
  • $240Premises and equipment expense
  • $70Additional noninterest expense
  • $81Pre-tax net operating income
  • $0Securities gains (losses)
  • $22Applicable income taxes
  • $59Income before extraordinary items
  • $0Extraordinary gains - net
  • $59Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $183Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.80%Yield on earning assets
  • 3.30%Cost of funding earning assets
  • 2.50%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 2.20%Noninterest expense to earning assets
  • 0.21%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 1.07%Return on equity (ROE)
  • -2.25%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,123Assets per employee
  • 6.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 310.17%Loss allowance to loans
  • 0.30%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 145.55%Net loans and leases to core deposits
  • 178.89%Equity capital to assets
  • 20.23%Core capital (leverage) ratio
  • 20.24%Tier 1 risk-based capital ratio
  • 39.80%Total risk-based capital ratio
  • Memoranda
  • $40Average assets
  • $27,989Average earning assets
  • $5,513Average equity
  • $27,284Average loans

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