Home Federal Savings Bank of Alabama in Lafayette, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 27, 1993

  • Home Federal Savings Bank of Alabama in Lafayette, Alabama (AL)
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Home Federal Savings Bank of Alabama - Overview

  • General
  • FDIC Certificate #: 31279
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Colonial Bank (#9609)
    Federal Reserve ID: 365473
    Date Established: September 15, 1961
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6657
    FDIC's unique #: 44113
    Numeric code: 33
    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: September 15, 1961
    Last Structure Change Effective Date: March 27, 1993
    Last Structure Change Process Date: April 13, 1993
    Last Data Update: March 28, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 54 North Lafayette Street, Lafayette, AL 36862
    County: Chambers
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Montgomery
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Combined Statistical Area (CSA): Atlanta-Sandy Springs-Gainesville, GA-AL (#122)
    Core Based Statistical Area (CBSA): Valley, AL (#46740)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $87.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $52Total assets
  • $87,600Cash and due from depository institutions
  • $6,690Interest-bearing balances
  • $5,914Securities
  • $16,309Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $60,537Loan loss allowance
  • $1,254Trading account assets
  • $0Bank premises and fixed assets
  • $1,316Other real estate owned
  • $645Goodwill and other intangibles
  • $2,103Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $87,600Total liabilities
  • $76,844Total deposits
  • $75,686Interest-bearing deposits
  • $73,383Deposits held in domestic offices
  • 75686.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $34Subordinated debt
  • $0All other liabilities
  • $1,124Total equity capital
  • $1,124Total bank equity capital
  • $10,756Perpetual preferred stock
  • $0Common stock
  • $4Surplus
  • $3,940Undivided profits
  • Memoranda
  • $6,812Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $409Income earned, not collected on loans
  • $483Earning assets
  • $82,760Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $86,241Average Assets, quarterly
  • $86,960Volatile liabilities
  • $3,019Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $779Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,458Total risk weighted assets
  • $51,315Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,458Total interest expense
  • $3,885Net interest income
  • $3,573Provision for loan and lease losses
  • $690Total noninterest income
  • $665Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $665Total noninterest expense
  • $2,368Salaries and employee benefits
  • $1,311Premises and equipment expense
  • $457Additional noninterest expense
  • $600Pre-tax net operating income
  • $1,180Securities gains (losses)
  • $4Applicable income taxes
  • $403Income before extraordinary items
  • $781Extraordinary gains - net
  • $0Net income attributable to bank
  • $781Net charge-offs
  • $234Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $47Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.17%Cost of funding earning assets
  • 4.78%Net interest margin
  • 4.39%Noninterest income to earning assets
  • 0.82%Noninterest expense to earning assets
  • 2.91%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 1.37%Return on equity (ROE)
  • 7.47%Retained earnings to average equity (YTD only)
  • 7.47%Net charge-offs to loans
  • 0.38%Credit loss provision to net charge-offs
  • 294.87%Efficiency ratio
  • 55,875Assets per employee
  • 1.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.03%Loss allowance to noncurrent loans
  • 306.60%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 79.98%Net loans and leases to core deposits
  • 83.27%Equity capital to assets
  • 12.28%Core capital (leverage) ratio
  • 12.05%Tier 1 risk-based capital ratio
  • 20.38%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $86,241Average earning assets
  • $10,461Average equity
  • $81,328Average loans

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