New Republic Savings Bank in Roanoke Rapids, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • New Republic Savings Bank in Roanoke Rapids, North Carolina (NC)
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New Republic Savings Bank - Overview

  • General
  • FDIC Certificate #: 34860
    Status: Active
    Federal Reserve ID: 2754222
    Date Established: December 15, 1998
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 15223
    FDIC's unique #: 61823
    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: Commercial Lending Specialization
    Date of Deposit Insurance: December 15, 1998
    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: 420 Becker Drive, Roanoke Rapids, NC 27870
    County: Halifax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Core Based Statistical Area (CBSA): Roanoke Rapids, NC (#40260)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $55.1 mil
    Equity capital: $5.9 mil
    Deposits held in domestic offices: $43.6 mil
    Return on assets (ROA): 0.90% ($0.5 mil)
    Quarterly return on assets: 0.45% ($0.2 mil)
    Return on Equity (ROE): 8.95% ($0.5 mil)
    Quarterly return on equity: 4.37% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 1.55% ($854.8 mil)
    Quarterly Pretax return on assets: 0.74% ($408.1 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
  • 13Total employees (full-time equivalent)
  • $55,150Total assets
  • $488Cash and due from depository institutions
  • $240Interest-bearing balances
  • $0Securities
  • $4,511Federal funds sold & reverse repurchase agreements
  • $47,436Net loans & leases
  • $570Loan loss allowance
  • $0Trading account assets
  • $1,026Bank premises and fixed assets
  • $766Other real estate owned
  • $0Goodwill and other intangibles
  • $55,150Life insurance assets
  • $923All other assets
  • $49,237Total liabilities and capital
  • $43,606Total liabilities
  • $42,981Total deposits
  • $43,606Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,500Trading liabilities
  • $0Other borrowed funds
  • $131Subordinated debt
  • $5,913All other liabilities
  • $5,913Total equity capital
  • $5,913Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $3,172Surplus
  • $2,741Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $730Income earned, not collected on loans
  • $0Earning assets
  • $200Long-term assets (5+ years)
  • $52,187Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $55,876Volatile liabilities
  • $56,425Insider loans
  • $36,745FHLB advances
  • $55,150Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,913Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,153Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,159Total interest income
  • $526Total interest expense
  • $2,633Net interest income
  • $295Provision for loan and lease losses
  • $313Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $313Additional noninterest income
  • $1,784Total noninterest expense
  • $1,094Salaries and employee benefits
  • $323Premises and equipment expense
  • $367Additional noninterest expense
  • $867Pre-tax net operating income
  • $0Securities gains (losses)
  • $363Applicable income taxes
  • $504Income before extraordinary items
  • $0Extraordinary gains - net
  • $504Net income attributable to bank
  • $0Net charge-offs
  • $504Cash dividends
  • $54Sale, conversion, retirement of capital stock, net
  • $10Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.97%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.97%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.37%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.90%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 8.95%Return on equity (ROE)
  • 8.77%Retained earnings to average equity (YTD only)
  • 0.11%Net charge-offs to loans
  • 546.30%Credit loss provision to net charge-offs
  • 21.52%Efficiency ratio
  • 60,557Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 1.98%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 78.08%Noncurrent assets plus other real estate owned to assets
  • 2.71%Noncurrent loans to loans
  • 1.52%Net loans and leases to deposits
  • 108.78%Net loans and leases to core deposits
  • 200.78%Equity capital to assets
  • 10.72%Core capital (leverage) ratio
  • 10.72%Tier 1 risk-based capital ratio
  • 16.09%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $55,876Average earning assets
  • $5,630Average equity
  • $52,956Average loans

List of branches

  • 2 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061823New Republic Savings Bank420 Becker Drive, Roanoke Rapids, NC 27870December 15, 1998Full Service Brick and Mortar
    2520239Rocky Mount Branch3321 Sunset Ave, Rocky Mount, NC 27804March 16, 2005Full Service Brick and Mortar

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