Hansen Federal Savings Bank in Palm Beach Gardens, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 22, 1994

  • Hansen Federal Savings Bank in Palm Beach Gardens, Florida (FL)
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Hansen Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 33544
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: Fidelity Federal Bank & Trust (#30614)
    Federal Reserve ID: 200471
    Date Established: January 10, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9619
    FDIC's unique #: 47424
    Numeric code: 34
    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: January 10, 1992
    Last Structure Change Effective Date: July 22, 1994
    Last Structure Change Process Date: August 09, 1994
    Last Data Update: November 22, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 4060 Pga Boulevard, Palm Beach Gardens, FL 33410
    County: Palm Beach
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): West Palm Beach-Boca Raton, FL (#8960)
    Core Based Statistical Area (CBSA): Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    CBSA Metro Statistical Area: Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    Core Based Statistical Division: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424)
  • History of Changes
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $7.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $8,220Cash and due from depository institutions
  • $1,355Interest-bearing balances
  • $1,297Securities
  • $685Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $2,123Loan loss allowance
  • $132Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $4,057Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $8,220Total liabilities
  • $17,956Total deposits
  • $16,765Interest-bearing deposits
  • $16,765Deposits held in domestic offices
  • 16765.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $900Subordinated debt
  • $0All other liabilities
  • $291Total equity capital
  • $291Total bank equity capital
  • $-9,736Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-9,736Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $216Income earned, not collected on loans
  • $10Earning assets
  • $4,105Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $12,823Average Assets, quarterly
  • $8,701Volatile liabilities
  • $1,963Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-9,736Total risk weighted assets
  • $6,157Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $526Total interest expense
  • $822Net interest income
  • -$296Provision for loan and lease losses
  • -$1,719Total noninterest income
  • $457Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $457Total noninterest expense
  • $2,005Salaries and employee benefits
  • $410Premises and equipment expense
  • $569Additional noninterest expense
  • $1,026Pre-tax net operating income
  • -$125Securities gains (losses)
  • -$17Applicable income taxes
  • $0Income before extraordinary items
  • -$142Extraordinary gains - net
  • $0Net income attributable to bank
  • -$142Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.82%Cost of funding earning assets
  • 10.66%Net interest margin
  • -3.84%Noninterest income to earning assets
  • 5.93%Noninterest expense to earning assets
  • 26.00%Net operating income to assets
  • -0.97%Return on assets (ROA)
  • -1.11%Pretax return on assets
  • -1.11%Return on equity (ROE)
  • 1.56%Retained earnings to average equity (YTD only)
  • 1.56%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 1,245,342Assets per employee
  • 0.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.85%Loss allowance to noncurrent loans
  • 61.11%Noncurrent assets plus other real estate owned to assets
  • 2.63%Noncurrent loans to loans
  • 9.58%Net loans and leases to deposits
  • 12.66%Net loans and leases to core deposits
  • 13.52%Equity capital to assets
  • -118.44%Core capital (leverage) ratio
  • -118.44%Tier 1 risk-based capital ratio
  • -158.13%Total risk-based capital ratio
  • Memoranda
  • -$158Average assets
  • $12,823Average earning assets
  • -$9,119Average equity
  • $7,712Average loans

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