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

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

  • General
  • FDIC Certificate #: 28314
    Status: Active
    Federal Reserve ID: 247476
    Date Established: January 01, 1914
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 1350
    FDIC's unique #: 41148
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 19, 1950
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 325 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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $58.9 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $45.7 mil
    Return on assets (ROA): 0.31% ($0.2 mil)
    Quarterly return on assets: 0.35% ($0.2 mil)
    Return on Equity (ROE): 2.20% ($0.2 mil)
    Quarterly return on equity: 2.54% ($0.2 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.51% ($300.3 mil)
    Quarterly Pretax return on assets: 0.58% ($341.6 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
  • 18Total employees (full-time equivalent)
  • $58,889Total assets
  • $1,346Cash and due from depository institutions
  • $998Interest-bearing balances
  • $7,386Securities
  • $4,258Federal funds sold & reverse repurchase agreements
  • $42,589Net loans & leases
  • $238Loan loss allowance
  • $0Trading account assets
  • $970Bank premises and fixed assets
  • $706Other real estate owned
  • $0Goodwill and other intangibles
  • $58,889Life insurance assets
  • $1,634All other assets
  • $50,666Total liabilities and capital
  • $45,704Total liabilities
  • $44,225Total deposits
  • $45,704Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,600Trading liabilities
  • $0Other borrowed funds
  • $362Subordinated debt
  • $8,223All other liabilities
  • $8,223Total equity capital
  • $8,223Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $8,223Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $904Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $485Income earned, not collected on loans
  • $0Earning assets
  • $192Long-term assets (5+ years)
  • $55,231Average Assets, year-to-date
  • $27,274Average Assets, quarterly
  • $57,817Volatile liabilities
  • $58,794Insider loans
  • $36,247FHLB advances
  • $58,899Loans and leases held for sale
  • $437Unused loan commitments
  • $437Tier 1 (core) risk-based capital
  • $8,223Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,984Restructured Loans and leases
  • $213Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,916Total interest income
  • $722Total interest expense
  • $2,194Net interest income
  • $111Provision for loan and lease losses
  • $85Total noninterest income
  • $0Fiduciary activities
  • $69Service charges on deposit accounts
  • $0Trading account gains & fees
  • $16Additional noninterest income
  • $1,874Total noninterest expense
  • $970Salaries and employee benefits
  • $183Premises and equipment expense
  • $721Additional noninterest expense
  • $294Pre-tax net operating income
  • $0Securities gains (losses)
  • $115Applicable income taxes
  • $179Income before extraordinary items
  • $0Extraordinary gains - net
  • $179Net income attributable to bank
  • $0Net charge-offs
  • $179Cash dividends
  • $137Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.37%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 3.45%Noninterest expense to earning assets
  • 0.31%Net operating income to assets
  • 0.31%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 2.20%Return on equity (ROE)
  • 2.20%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 81.02%Credit loss provision to net charge-offs
  • 2.96%Efficiency ratio
  • 82,229Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 49.07%Noncurrent assets plus other real estate owned to assets
  • 2.02%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 93.18%Net loans and leases to core deposits
  • 98.74%Equity capital to assets
  • 13.96%Core capital (leverage) ratio
  • 13.96%Tier 1 risk-based capital ratio
  • 22.69%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $57,817Average earning assets
  • $8,145Average equity
  • $54,271Average loans

List of branches

  • 2 North Carolina Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041148Roanoke Rapids Savings Bank, Ssb325 Becker Drive, Roanoke Rapids, NC 27870January 01, 1914Full Service Brick and Mortar
    1266641Bolling Branch2451 Bolling Road, Roanoke Rapids, NC 27870July 18, 1994Limited Service Loan Production

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