Raleigh Federal Savings Bank in Raleigh, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 11, 1996

  • Raleigh Federal Savings Bank in Raleigh, North Carolina (NC)
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Raleigh Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 27640
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Union National Bank (#4885)
    Federal Reserve ID: 207078
    Date Established: January 01, 1903
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 35
    FDIC's unique #: 40474
    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: August 20, 1956
    Last Structure Change Effective Date: January 11, 1996
    Last Structure Change Process Date: January 23, 1996
    Last Data Update: January 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 219 Fayetteville Street Mall, Raleigh, NC 27601
    County: Wake
    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): Raleigh-Durham-Chapel Hill, NC (#6640)
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Raleigh-Cary, NC (#39580)
    CBSA Metro Statistical Area: Raleigh-Cary, NC (#39580)
  • Financial Summary
  • Total assets: $786.3 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)
  • $0Total assets
  • $786,310Cash and due from depository institutions
  • $25,989Interest-bearing balances
  • $5,635Securities
  • $186,333Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $543,990Loan loss allowance
  • $3,138Trading account assets
  • $0Bank premises and fixed assets
  • $7,870Other real estate owned
  • $2,064Goodwill and other intangibles
  • $17,195Life insurance assets
  • $2,869All other assets
  • $0Total liabilities and capital
  • $786,310Total liabilities
  • $716,136Total deposits
  • $644,356Interest-bearing deposits
  • $644,356Deposits held in domestic offices
  • 644356.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $66,277Subordinated debt
  • $0All other liabilities
  • $5,503Total equity capital
  • $5,503Total bank equity capital
  • $70,174Perpetual preferred stock
  • $0Common stock
  • $3,450Surplus
  • $26,314Undivided profits
  • Memoranda
  • $40,410Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,469Earning assets
  • $735,958Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $798,958Average Assets, quarterly
  • $790,116Volatile liabilities
  • $66,277Insider loans
  • $0FHLB advances
  • $55,748Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $70,174Total risk weighted assets
  • $450,000Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $61,402Total interest expense
  • $34,901Net interest income
  • $26,501Provision for loan and lease losses
  • $550Total noninterest income
  • $3,660Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $3,660Total noninterest expense
  • $24,077Salaries and employee benefits
  • $12,359Premises and equipment expense
  • $4,661Additional noninterest expense
  • $7,057Pre-tax net operating income
  • $5,534Securities gains (losses)
  • $211Applicable income taxes
  • $2,510Income before extraordinary items
  • $3,235Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,235Net charge-offs
  • $297Cash 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
  • 8.28%Cost of funding earning assets
  • 4.70%Net interest margin
  • 3.57%Noninterest income to earning assets
  • 0.49%Noninterest expense to earning assets
  • 3.25%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.40%Pretax return on assets
  • 0.72%Return on equity (ROE)
  • 4.84%Retained earnings to average equity (YTD only)
  • 4.84%Net charge-offs to loans
  • 0.06%Credit loss provision to net charge-offs
  • 185.19%Efficiency ratio
  • 77,733Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.57%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 84.42%Net loans and leases to core deposits
  • 84.42%Equity capital to assets
  • 8.92%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 15.59%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $798,958Average earning assets
  • $66,890Average equity
  • $741,855Average loans

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