Homestead Federal Savings Association in San Francisco, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 17, 1993

  • Homestead Federal Savings Association in San Francisco, California (CA)
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Homestead Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33735
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Home Savings of America, FSB (#15919)
    Federal Reserve ID: 761673
    Date Established: October 30, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 10456
    FDIC's unique #: 47905
    Numeric code: 38
    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: October 30, 1992
    Last Structure Change Effective Date: September 17, 1993
    Last Structure Change Process Date: September 23, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 5757 Geary Boulevard, San Francisco, CA 94121
    County: San Francisco
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • History of Changes
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
    Office Sold
  • Financial Summary
  • Total assets: $844.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $251Total assets
  • $1,172,094Cash and due from depository institutions
  • $19,029Interest-bearing balances
  • $13,813Securities
  • $191,882Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $801,424Loan loss allowance
  • $12,025Trading account assets
  • $0Bank premises and fixed assets
  • $13,139Other real estate owned
  • $22,830Goodwill and other intangibles
  • $113,932Life insurance assets
  • $9,858All other assets
  • $0Total liabilities and capital
  • $1,172,094Total liabilities
  • $1,143,398Total deposits
  • $1,108,107Interest-bearing deposits
  • $1,096,553Deposits held in domestic offices
  • 1108107.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $14,282Subordinated debt
  • $0All other liabilities
  • $21,009Total equity capital
  • $21,009Total bank equity capital
  • $28,696Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $28,696Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $50,612Income earned, not collected on loans
  • $7,843Earning assets
  • $1,007,119Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,172,094Average Assets, quarterly
  • $1,172,094Volatile liabilities
  • $34,432Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,476Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,394Total risk weighted assets
  • $769,637Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,845Total interest expense
  • $11,866Net interest income
  • $1,979Provision for loan and lease losses
  • $330Total noninterest income
  • $1,253Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,253Total noninterest expense
  • $1,971Salaries and employee benefits
  • $1,528Premises and equipment expense
  • $667Additional noninterest expense
  • -$224Pre-tax net operating income
  • $931Securities gains (losses)
  • -$12,243Applicable income taxes
  • $0Income before extraordinary items
  • -$11,312Extraordinary gains - net
  • $0Net income attributable to bank
  • -$11,312Net charge-offs
  • $240Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$23,722Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 1.18%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 0.12%Noninterest expense to earning assets
  • 0.20%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • -0.97%Pretax return on assets
  • -0.97%Return on equity (ROE)
  • -39.42%Retained earnings to average equity (YTD only)
  • -39.42%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 137.50%Efficiency ratio
  • 55,786Assets per employee
  • 4.67%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 23.76%Noncurrent assets plus other real estate owned to assets
  • 6.27%Noncurrent loans to loans
  • 6.22%Net loans and leases to deposits
  • 72.32%Net loans and leases to core deposits
  • 73.66%Equity capital to assets
  • 2.45%Core capital (leverage) ratio
  • 0.36%Tier 1 risk-based capital ratio
  • 0.57%Total risk-based capital ratio
  • Memoranda
  • $1Average assets
  • $1,172,094Average earning assets
  • $28,696Average equity
  • $1,007,119Average loans

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