Oak Tree Federal Savings Bank in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 26, 1994

  • Oak Tree Federal Savings Bank in New Orleans, Louisiana (LA)
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Oak Tree Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 33517
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Bank One, Louisiana, National Association (#4306)
    Federal Reserve ID: 733773
    Date Established: October 15, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9471
    FDIC's unique #: 47289
    Numeric code: 34
    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 15, 1991
    Last Structure Change Effective Date: August 26, 1994
    Last Structure Change Process Date: September 08, 1994
    Last Data Update: November 22, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 233 Carondelete Street, New Orleans, LA 70130
    County: Orleans
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • History of Changes
  • Pass Through Receivership Merger
    Corrections
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $1,479.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $296Total assets
  • $1,579,116Cash and due from depository institutions
  • $104,038Interest-bearing balances
  • $100,801Securities
  • $276Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $871,965Loan loss allowance
  • $70,517Trading account assets
  • $0Bank premises and fixed assets
  • $11,130Other real estate owned
  • $73,960Goodwill and other intangibles
  • $517,747Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,579,116Total liabilities
  • $2,846,111Total deposits
  • $460,766Interest-bearing deposits
  • $460,766Deposits held in domestic offices
  • 460766.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,677,000Subordinated debt
  • $0All other liabilities
  • $708,345Total equity capital
  • $708,345Total bank equity capital
  • $-1,266,995Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-1,266,995Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $127,162Income earned, not collected on loans
  • $691Earning assets
  • $973,042Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,620,015Average Assets, quarterly
  • $1,569,077Volatile liabilities
  • $1,681,479Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-1,527,369Total risk weighted assets
  • $1,008,668Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $23,782Total interest expense
  • $75,571Net interest income
  • -$51,789Provision for loan and lease losses
  • $36,119Total noninterest income
  • -$472,329Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • -$472,329Total noninterest expense
  • $40,723Salaries and employee benefits
  • $8,398Premises and equipment expense
  • $4,443Additional noninterest expense
  • $27,882Pre-tax net operating income
  • -$600,960Securities gains (losses)
  • $75Applicable income taxes
  • $0Income before extraordinary items
  • -$600,885Extraordinary gains - net
  • $0Net income attributable to bank
  • -$600,885Net charge-offs
  • $27,605Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.95%Cost of funding earning assets
  • 6.19%Net interest margin
  • -4.24%Noninterest income to earning assets
  • -38.71%Noninterest expense to earning assets
  • 3.34%Net operating income to assets
  • -37.10%Return on assets (ROA)
  • -37.09%Pretax return on assets
  • -37.09%Return on equity (ROE)
  • 67.62%Retained earnings to average equity (YTD only)
  • 67.62%Net charge-offs to loans
  • 2.25%Credit loss provision to net charge-offs
  • 130.84%Efficiency ratio
  • -7,770Assets per employee
  • 5.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.48%Loss allowance to noncurrent loans
  • 55.45%Noncurrent assets plus other real estate owned to assets
  • 12.74%Noncurrent loans to loans
  • 13.49%Net loans and leases to deposits
  • 189.24%Net loans and leases to core deposits
  • 191.10%Equity capital to assets
  • -80.23%Core capital (leverage) ratio
  • -136.48%Tier 1 risk-based capital ratio
  • -151.42%Total risk-based capital ratio
  • Memoranda
  • -$151Average assets
  • $1,620,015Average earning assets
  • -$888,640Average equity
  • $1,220,022Average loans

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