Madison Square Federal Savings Bank in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Madison Square Federal Savings Bank in Baltimore, Maryland (MD)
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Madison Square Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32334
    Status: Active
    Federal Reserve ID: 639174
    Date Established: April 04, 1870
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 8156
    FDIC's unique #: 45168
    Numeric code: 33
    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: June 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: 9651 Belair Road, Baltimore, MD 21206
    County: Baltimore
    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: $152.2 mil
    Equity capital: $12.4 mil
    Deposits held in domestic offices: $139.1 mil
    Return on assets (ROA): 0.04% ($0.1 mil)
    Quarterly return on assets: 0.10% ($0.2 mil)
    Return on Equity (ROE): 0.45% ($0.1 mil)
    Quarterly return on equity: 1.23% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.04% ($60.9 mil)
    Quarterly Pretax return on assets: 0.10% ($152.2 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
  • 30Total employees (full-time equivalent)
  • $152,240Total assets
  • $13,086Cash and due from depository institutions
  • $12,210Interest-bearing balances
  • $48,987Securities
  • $173Federal funds sold & reverse repurchase agreements
  • $84,767Net loans & leases
  • $657Loan loss allowance
  • $0Trading account assets
  • $3,812Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $152,240Life insurance assets
  • $1,415All other assets
  • $139,840Total liabilities and capital
  • $139,084Total liabilities
  • $139,084Total deposits
  • $139,084Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $364Trading liabilities
  • $0Other borrowed funds
  • $392Subordinated debt
  • $12,400All other liabilities
  • $12,400Total equity capital
  • $12,400Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $3,495Surplus
  • $8,904Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $260Income earned, not collected on loans
  • $0Earning assets
  • $452Long-term assets (5+ years)
  • $146,137Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $153,242Volatile liabilities
  • $152,277Insider loans
  • $76,804FHLB advances
  • $151,695Loans and leases held for sale
  • $141Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,070Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,955Restructured Loans and leases
  • $62Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,913Total interest income
  • $2,077Total interest expense
  • $3,836Net interest income
  • $290Provision for loan and lease losses
  • $202Total noninterest income
  • $0Fiduciary activities
  • $30Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $3,821Total noninterest expense
  • $2,101Salaries and employee benefits
  • $1,050Premises and equipment expense
  • $670Additional noninterest expense
  • -$73Pre-tax net operating income
  • $127Securities gains (losses)
  • $0Applicable income taxes
  • $54Income before extraordinary items
  • $0Extraordinary gains - net
  • $54Net income attributable to bank
  • $0Net charge-offs
  • $54Cash dividends
  • $179Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.04%Yield on earning assets
  • 1.42%Cost of funding earning assets
  • 2.62%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • -0.05%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.04%Pretax return on assets
  • 0.45%Return on equity (ROE)
  • 0.45%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 162.01%Credit loss provision to net charge-offs
  • 1.21%Efficiency ratio
  • 94,626Assets per employee
  • 5.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.77%Loss allowance to noncurrent loans
  • 252.69%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 60.95%Net loans and leases to core deposits
  • 65.46%Equity capital to assets
  • 8.15%Core capital (leverage) ratio
  • 7.96%Tier 1 risk-based capital ratio
  • 15.72%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $153,242Average earning assets
  • $12,112Average equity
  • $146,306Average loans

List of branches

  • 4 Maryland Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045168Madison Square Federal Savings Bank9651 Belair Road, Baltimore, MD 21206April 04, 1870Full Service Brick and Mortar
    102287708Fallston Branch2209 Belair Rd, Fallston, MD 21047June 30, 1989Full Service Brick and Mortar
    103287709Gardenville Branch5415 Belair Road, Baltimore, MD 21206March 17, 1998Full Service Brick and Mortar
    104492525Bel Air Branch126 North Main Street, Bel Air, MD 21014June 30, 2008Full Service Brick and Mortar

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