Kopernik Federal Bank in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Kopernik Federal Bank in Baltimore, Maryland (MD)
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Kopernik Federal Bank - Overview

  • General
  • FDIC Certificate #: 29901
    Status: Active
    Federal Reserve ID: 428471
    Date Established: April 04, 1924
    WWW: http://www.kopernikbank.com
    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 #: 4295
    FDIC's unique #: 42735
    Numeric code: 34
    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: August 13, 1985
    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: 2101 Eastern Avenue, Baltimore, MD 21231
    County: Baltimore City
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $40.2 mil
    Equity capital: $4.3 mil
    Deposits held in domestic offices: $35.8 mil
    Return on assets (ROA): 0.22% ($0.1 mil)
    Quarterly return on assets: -0.41% (-$0.2 mil)
    Return on Equity (ROE): 2.01% ($0.1 mil)
    Quarterly return on equity: -3.79% (-$0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.48% ($192.9 mil)
    Quarterly Pretax return on assets: -0.39% (-$156.7 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)
  • $40,184Total assets
  • $6,908Cash and due from depository institutions
  • $1,647Interest-bearing balances
  • $4,094Securities
  • $711Federal funds sold & reverse repurchase agreements
  • $27,299Net loans & leases
  • $115Loan loss allowance
  • $0Trading account assets
  • $614Bank premises and fixed assets
  • $261Other real estate owned
  • $0Goodwill and other intangibles
  • $40,184Life insurance assets
  • $297All other assets
  • $35,883Total liabilities and capital
  • $35,787Total liabilities
  • $34,603Total deposits
  • $35,787Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $96Subordinated debt
  • $4,301All other liabilities
  • $4,301Total equity capital
  • $4,301Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $4,301Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $637Income earned, not collected on loans
  • $0Earning assets
  • $132Long-term assets (5+ years)
  • $33,751Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $39,000Volatile liabilities
  • $39,578Insider loans
  • $18,277FHLB advances
  • $40,184Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,301Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $201Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,706Total interest income
  • $547Total interest expense
  • $1,159Net interest income
  • $215Provision for loan and lease losses
  • $24Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $24Additional noninterest income
  • $782Total noninterest expense
  • $448Salaries and employee benefits
  • $151Premises and equipment expense
  • $183Additional noninterest expense
  • $186Pre-tax net operating income
  • $0Securities gains (losses)
  • $100Applicable income taxes
  • $86Income before extraordinary items
  • $0Extraordinary gains - net
  • $86Net income attributable to bank
  • $0Net charge-offs
  • $86Cash dividends
  • $108Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.58%Cost of funding earning assets
  • 3.35%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 2.01%Return on equity (ROE)
  • 2.01%Retained earnings to average equity (YTD only)
  • 0.40%Net charge-offs to loans
  • 199.07%Credit loss provision to net charge-offs
  • 3.71%Efficiency ratio
  • 66,103Assets per employee
  • 6.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.42%Loss allowance to noncurrent loans
  • 18.05%Noncurrent assets plus other real estate owned to assets
  • 2.23%Noncurrent loans to loans
  • 2.32%Net loans and leases to deposits
  • 76.28%Net loans and leases to core deposits
  • 87.51%Equity capital to assets
  • 10.70%Core capital (leverage) ratio
  • 10.70%Tier 1 risk-based capital ratio
  • 23.53%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $39,000Average earning assets
  • $4,285Average equity
  • $34,616Average loans

List of branches

  • 1 Maryland Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042735Kopernik Federal Bank2101 Eastern Avenue, Baltimore, MD 21231April 04, 1924Full Service Brick and Mortar

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