Midstate Federal Savings and Loan Association in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Midstate Federal Savings and Loan Association in Baltimore, Maryland (MD)
  • Show street view No street view available for this location

Midstate Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29930
    Status: Active
    Federal Reserve ID: 702676
    Date Established: April 04, 1884
    WWW: http://www.midstatefed.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 #: 4364
    FDIC's unique #: 42764
    Numeric code: 38
    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 05, 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: 6810 York Road, Baltimore, MD 21212
    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: $180.9 mil
    Equity capital: $20.3 mil
    Deposits held in domestic offices: $159.6 mil
    Return on assets (ROA): 0.32% ($0.6 mil)
    Quarterly return on assets: 0.17% ($0.3 mil)
    Return on Equity (ROE): 2.76% ($0.6 mil)
    Quarterly return on equity: 1.54% ($0.3 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.52% ($940.8 mil)
    Quarterly Pretax return on assets: 0.53% ($958.9 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
  • 12Total employees (full-time equivalent)
  • $180,916Total assets
  • $9,948Cash and due from depository institutions
  • $6,966Interest-bearing balances
  • $34,740Securities
  • $12,909Federal funds sold & reverse repurchase agreements
  • $113,638Net loans & leases
  • $798Loan loss allowance
  • $0Trading account assets
  • $1,042Bank premises and fixed assets
  • $6,118Other real estate owned
  • $0Goodwill and other intangibles
  • $180,917Life insurance assets
  • $2,521All other assets
  • $160,591Total liabilities and capital
  • $159,638Total liabilities
  • $159,192Total deposits
  • $159,638Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $953Subordinated debt
  • $20,326All other liabilities
  • $20,326Total equity capital
  • $20,326Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $20,326Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,615Income earned, not collected on loans
  • $0Earning assets
  • $690Long-term assets (5+ years)
  • $168,253Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $175,468Volatile liabilities
  • $178,658Insider loans
  • $89,738FHLB advances
  • $180,916Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,636Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,342Restructured Loans and leases
  • $460Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,913Total interest income
  • $3,742Total interest expense
  • $4,171Net interest income
  • $646Provision for loan and lease losses
  • -$384Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$384Additional noninterest income
  • $2,228Total noninterest expense
  • $1,287Salaries and employee benefits
  • $355Premises and equipment expense
  • $586Additional noninterest expense
  • $913Pre-tax net operating income
  • $0Securities gains (losses)
  • $358Applicable income taxes
  • $555Income before extraordinary items
  • $0Extraordinary gains - net
  • $555Net income attributable to bank
  • $0Net charge-offs
  • $555Cash dividends
  • $848Sale, 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
  • 2.33%Cost of funding earning assets
  • 2.60%Net interest margin
  • -0.24%Noninterest income to earning assets
  • 1.39%Noninterest expense to earning assets
  • 0.32%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 2.76%Return on equity (ROE)
  • 2.76%Retained earnings to average equity (YTD only)
  • 0.74%Net charge-offs to loans
  • 76.18%Credit loss provision to net charge-offs
  • 1.84%Efficiency ratio
  • 58,833Assets per employee
  • 15.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 9.26%Noncurrent assets plus other real estate owned to assets
  • 8.14%Noncurrent loans to loans
  • 7.53%Net loans and leases to deposits
  • 71.18%Net loans and leases to core deposits
  • 79.50%Equity capital to assets
  • 11.24%Core capital (leverage) ratio
  • 11.41%Tier 1 risk-based capital ratio
  • 23.00%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $175,468Average earning assets
  • $20,106Average equity
  • $160,468Average loans

List of branches

  • 1 Maryland Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042764Midstate Federal Savings And Loan As6810 York Road, Baltimore, MD 21212April 04, 1884Full Service Brick and Mortar

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 Midstate Federal Savings and Loan Association.
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