Peoples Savings Bank, Inc., SSB in Wilmington, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 14, 1996

  • Peoples Savings Bank, Inc., SSB in Wilmington, North Carolina (NC)
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Peoples Savings Bank, Inc., SSB - Overview

  • General
  • FDIC Certificate #: 28817
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First-Citizens Bank & Trust Company (#11063)
    Federal Reserve ID: 517375
    Date Established: January 01, 1906
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 2420
    FDIC's unique #: 41651
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 13, 1935
    Last Structure Change Effective Date: Febuary 14, 1996
    Last Structure Change Process Date: May 01, 1996
    Last Data Update: May 01, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 315 Market Street, Wilmington, NC 28401
    County: New Hanover
    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
    Metropolitan Statistical Area (MSA): Wilmington, NC (#9200)
    Core Based Statistical Area (CBSA): Wilmington, NC (#48900)
    CBSA Metro Statistical Area: Wilmington, NC (#48900)
  • Financial Summary
  • Total assets: $99.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $39Total assets
  • $99,651Cash and due from depository institutions
  • $6,421Interest-bearing balances
  • $5,506Securities
  • $16,878Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $73,727Loan loss allowance
  • $473Trading account assets
  • $0Bank premises and fixed assets
  • $87Other real estate owned
  • $130Goodwill and other intangibles
  • $2,408Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $99,651Total liabilities
  • $89,224Total deposits
  • $80,155Interest-bearing deposits
  • $76,333Deposits held in domestic offices
  • 80155.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,232Subordinated debt
  • $0All other liabilities
  • $5,837Total equity capital
  • $5,837Total bank equity capital
  • $10,427Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $7,947Undivided profits
  • Memoranda
  • $2,480Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $427Income earned, not collected on loans
  • $455Earning assets
  • $96,111Long-term assets (5+ years)
  • $17,303Average Assets, year-to-date
  • $101,019Average Assets, quarterly
  • $99,913Volatile liabilities
  • $5,283Insider loans
  • $913FHLB advances
  • $0Loans and leases held for sale
  • $207Unused loan commitments
  • $8,918Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,425Total risk weighted assets
  • $59,848Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,839Total interest expense
  • $3,735Net interest income
  • $4,104Provision for loan and lease losses
  • $110Total noninterest income
  • $1,121Fiduciary activities
  • $0Service charges on deposit accounts
  • $278Trading account gains & fees
  • $0Additional noninterest income
  • $843Total noninterest expense
  • $3,280Salaries and employee benefits
  • $1,591Premises and equipment expense
  • $288Additional noninterest expense
  • $1,401Pre-tax net operating income
  • $1,835Securities gains (losses)
  • $0Applicable income taxes
  • $468Income before extraordinary items
  • $1,367Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,367Net charge-offs
  • $24Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.09%Cost of funding earning assets
  • 3.85%Net interest margin
  • 4.23%Noninterest income to earning assets
  • 1.16%Noninterest expense to earning assets
  • 3.38%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 1.35%Pretax return on assets
  • 1.82%Return on equity (ROE)
  • 14.23%Retained earnings to average equity (YTD only)
  • 14.23%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 458.33%Efficiency ratio
  • 62,775Assets per employee
  • 2.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 110.77%Noncurrent assets plus other real estate owned to assets
  • 0.56%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 91.98%Net loans and leases to core deposits
  • 98.47%Equity capital to assets
  • 10.46%Core capital (leverage) ratio
  • 10.38%Tier 1 risk-based capital ratio
  • 17.42%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $101,019Average earning assets
  • $9,605Average equity
  • $96,926Average loans

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