Laurel Federal Savings Bank in Laurel, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 26, 1996

  • Laurel Federal Savings Bank in Laurel, Maryland (MD)
  • Show street view No street view available for this location

Laurel Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32352
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Elkridge Bank (#18456)
    Federal Reserve ID: 627975
    Date Established: March 17, 1869
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8174
    FDIC's unique #: 45186
    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: June 28, 1985
    Last Structure Change Effective Date: January 26, 1996
    Last Structure Change Process Date: Febuary 21, 1996
    Last Data Update: Febuary 21, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 380 Main Street, Laurel, MD 20707
    County: Prince George's
    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): Washington, DC-MD-VA-WV (#8840)
    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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $108.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $31Total assets
  • $108,636Cash and due from depository institutions
  • $6,911Interest-bearing balances
  • $6,439Securities
  • $13,500Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $84,409Loan loss allowance
  • $1,130Trading account assets
  • $0Bank premises and fixed assets
  • $135Other real estate owned
  • $783Goodwill and other intangibles
  • $2,851Life insurance assets
  • $47All other assets
  • $0Total liabilities and capital
  • $108,636Total liabilities
  • $91,100Total deposits
  • $83,631Interest-bearing deposits
  • $83,631Deposits held in domestic offices
  • 83631.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $7,000Subordinated debt
  • $0All other liabilities
  • $469Total equity capital
  • $469Total bank equity capital
  • $17,536Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $5,662Undivided profits
  • Memoranda
  • $11,873Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,675Income earned, not collected on loans
  • $595Earning assets
  • $104,348Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $112,498Average Assets, quarterly
  • $110,907Volatile liabilities
  • $15,062Insider loans
  • $0FHLB advances
  • $7,000Loans and leases held for sale
  • $0Unused loan commitments
  • $4,010Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,409Total risk weighted assets
  • $65,578Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,139Total interest expense
  • $4,514Net interest income
  • $4,625Provision for loan and lease losses
  • $0Total noninterest income
  • $266Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $266Total noninterest expense
  • $2,713Salaries and employee benefits
  • $1,393Premises and equipment expense
  • $273Additional noninterest expense
  • $1,047Pre-tax net operating income
  • $2,178Securities gains (losses)
  • $0Applicable income taxes
  • $870Income before extraordinary items
  • $1,308Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,308Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.47%Cost of funding earning assets
  • 4.18%Net interest margin
  • 4.29%Noninterest income to earning assets
  • 0.25%Noninterest expense to earning assets
  • 2.52%Net operating income to assets
  • 1.16%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 1.94%Return on equity (ROE)
  • 7.79%Retained earnings to average equity (YTD only)
  • 7.79%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 55,469Assets per employee
  • 3.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.32%Loss allowance to noncurrent loans
  • 67.46%Noncurrent assets plus other real estate owned to assets
  • 2.26%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 100.93%Net loans and leases to core deposits
  • 111.70%Equity capital to assets
  • 16.14%Core capital (leverage) ratio
  • 15.30%Tier 1 risk-based capital ratio
  • 25.02%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $112,498Average earning assets
  • $16,801Average equity
  • $107,862Average loans

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Laurel Federal Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents