Northfield Federal Savings in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 2000

  • Northfield Federal Savings in Baltimore, Maryland (MD)
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Northfield Federal Savings - Overview

  • General
  • FDIC Certificate #: 32391
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Patapsco Bank (#30869)
    Federal Reserve ID: 247672
    Date Established: October 18, 1985
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8215
    FDIC's unique #: 45225
    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: October 18, 1985
    Last Structure Change Effective Date: November 13, 2000
    Last Structure Change Process Date: January 24, 2001
    Last Data Update: January 24, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1844 East Joppa Road, Baltimore, MD 21234
    County: Baltimore City
    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)
  • Financial Summary
  • Total assets: $55.0 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $53,567Total assets
  • $1,667Cash and due from depository institutions
  • $1,047Interest-bearing balances
  • $7,949Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $42,846Net loans & leases
  • $183Loan loss allowance
  • $0Trading account assets
  • $97Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,008All other assets
  • $53,567Total liabilities and capital
  • $48,585Total liabilities
  • $39,062Total deposits
  • $36,154Interest-bearing deposits
  • $39,062Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $9,222Other borrowed funds
  • $0Subordinated debt
  • $301All other liabilities
  • $4,982Total equity capital
  • $4,982Total bank equity capital
  • $4,982Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $2,178Undivided profits
  • Memoranda
  • $2,803Noncurrent loans and leases
  • $3,221Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $8Earning assets
  • $0Long-term assets (5+ years)
  • $171Average Assets, year-to-date
  • $51,842Average Assets, quarterly
  • $0Volatile liabilities
  • $48,869Insider loans
  • $52,447FHLB advances
  • $14,943Loans and leases held for sale
  • $0Unused loan commitments
  • $8,900Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,221Total unused commitments
  • $0Restructured Loans and leases
  • $183Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $3,486Total interest income
  • $1,935Total interest expense
  • $1,551Net interest income
  • $0Provision for loan and lease losses
  • $54Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $54Additional noninterest income
  • $1,016Total noninterest expense
  • $539Salaries and employee benefits
  • $293Premises and equipment expense
  • $184Additional noninterest expense
  • $589Pre-tax net operating income
  • $15Securities gains (losses)
  • $242Applicable income taxes
  • $362Income before extraordinary items
  • $0Extraordinary gains - net
  • $362Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $15Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.32%Yield on earning assets
  • 4.06%Cost of funding earning assets
  • 3.26%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 7.25%Return on equity (ROE)
  • 7.25%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 39.27%Efficiency ratio
  • 63,302Assets per employee
  • 5.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.43%Loss allowance to noncurrent loans
  • 2287.50%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 109.69%Net loans and leases to core deposits
  • 128.51%Equity capital to assets
  • 9.30%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 18.54%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $48,869Average earning assets
  • $4,994Average equity
  • $47,607Average loans

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