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)
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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

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