FDIC Certificate #: 28269 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Branch Banking and Trust Company (#9846) Federal Reserve ID: 888673 Date Established: January 01, 1887 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1270 FDIC's unique #: 41103 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: March 26, 1952 Last Structure Change Effective Date: November 14, 1998 Last Structure Change Process Date: December 02, 1998 Last Data Update: December 02, 1998 Data Source Date: April 05, 2012
Location
Address: 3505 Hamilton Street, Hyattsville, MD 20782 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)
Financial Summary
Total assets: $1,305.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
284Total employees (full-time equivalent)
$1,178,925Total assets
$50,878Cash and due from depository institutions
$38,328Interest-bearing balances
$105,855Securities
$6,942Federal funds sold & reverse repurchase agreements
$985,122Net loans & leases
$4,831Loan loss allowance
$0Trading account assets
$4,824Bank premises and fixed assets
$1,705Other real estate owned
$1,152Goodwill and other intangibles
$0Life insurance assets
$22,447All other assets
$1,178,925Total liabilities and capital
$1,077,837Total liabilities
$825,771Total deposits
$798,947Interest-bearing deposits
$825,771Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$240,930Other borrowed funds
$0Subordinated debt
$11,136All other liabilities
$101,088Total equity capital
$101,088Total bank equity capital
$101,088Perpetual preferred stock
$0Common stock
$1Surplus
$25,402Undivided profits
Memoranda
$75,685Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,591Earning assets
$0Long-term assets (5+ years)
$4,733Average Assets, year-to-date
$1,136,247Average Assets, quarterly
$0Volatile liabilities
$1,157,473Insider loans
$1,171,476FHLB advances
$358,945Loans and leases held for sale
$1,313Unused loan commitments
$240,930Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$118,790Total unused commitments
$0Restructured Loans and leases
$615,645Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$83,263Total interest income
$53,262Total interest expense
$30,001Net interest income
$390Provision for loan and lease losses
$3,778Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,778Additional noninterest income
$18,563Total noninterest expense
$10,172Salaries and employee benefits
$3,338Premises and equipment expense
$5,053Additional noninterest expense
$14,826Pre-tax net operating income
$704Securities gains (losses)
$6,022Applicable income taxes
$9,508Income before extraordinary items
$0Extraordinary gains - net
$9,508Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$114Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.46%Yield on earning assets
4.77%Cost of funding earning assets
2.69%Net interest margin
0.34%Noninterest income to earning assets
1.66%Noninterest expense to earning assets
0.78%Net operating income to assets
0.82%Return on assets (ROA)
1.34%Pretax return on assets
9.98%Return on equity (ROE)
9.98%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
342.11%Credit loss provision to net charge-offs
133.47%Efficiency ratio
54,105Assets per employee
4.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.49%Loss allowance to noncurrent loans
86.41%Noncurrent assets plus other real estate owned to assets
0.62%Noncurrent loans to loans
0.56%Net loans and leases to deposits
119.30%Net loans and leases to core deposits
139.19%Equity capital to assets
8.57%Core capital (leverage) ratio
8.18%Tier 1 risk-based capital ratio
15.56%Total risk-based capital ratio
Memoranda
$16Average assets
$1,157,473Average earning assets
$95,256Average equity
$1,116,854Average loans
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