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



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Roanoke Rapids Savings Bank, SSB routing number info

Table of contents:
Roanoke Rapids Savings Bank, SSB
GeneralFDIC Certificate #: 28314
Status: Active
Federal Reserve ID: 247476
Date Established: January 01, 1914
WWW: http://www.rrsb.com
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)18
Total assets$58,889
Cash and due from depository institutions$1,346
Interest-bearing balances$998
Securities$7,386
Federal funds sold & reverse repurchase agreements$4,258
Net loans & leases$42,589
Loan loss allowance $238
Trading account assets$0
Bank premises and fixed assets$970
Other real estate owned$706
Goodwill and other intangibles$0
All other assets$1,634
Life insurance assets$58,889
Total liabilities and capital$50,666
Total liabilities$45,704
Total deposits$44,225
Interest-bearing deposits$45,704
Deposits held in domestic offices$95
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,600
Other borrowed funds $0
Subordinated debt $362
All other liabilities $8,223
Total equity capital$8,223
Total bank equity capital$8,223
Perpetual preferred stock$0
Common stock$0
Surplus$0
Undivided profits $8,223
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $904
Income earned, not collected on loans $485
Earning assets $0
Long-term assets (5+ years) $192
Average Assets, year-to-date $55,231
Average Assets, quarterly $27,274
Volatile liabilities $57,817
Insider loans $58,794
FHLB advances $36,247
Loans and leases held for sale $58,899
Unused loan commitments $437
Tier 1 (core) risk-based capital $437
Tier 2 risk-based capital $8,223
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $2,984
Derivatives$213
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,916
Total interest expense $722
Net interest income $2,194
Provision for loan and lease losses $111
Total noninterest income $85
Fiduciary activities $0
Service charges on deposit accounts $69
Trading account gains & fees $0
Additional noninterest income $16
Total noninterest expense $1,874
Salaries and employee benefits $970
Premises and equipment expense $183
Additional noninterest expense $721
Pre-tax net operating income $294
Securities gains (losses) $0
Applicable income taxes $115
Income before extraordinary items $179
Extraordinary gains - net $0
Net income attributable to bank $179
Net charge-offs $0
Cash dividends $179
Sale, conversion, retirement of capital stock, net $137
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.37%
Cost of funding earning assets 1.33%
Net interest margin 4.04%
Noninterest income to earning assets 0.16%
Noninterest expense to earning assets 3.45%
Net operating income to assets 0.31%
Return on assets (ROA) 0.31%
Pretax return on assets 0.51%
Return on equity (ROE) 2.20%
Retained earnings to average equity (YTD only) 2.20%
Net charge-offs to loans 0.30%
Credit loss provision to net charge-offs 81.02%
Efficiency ratio2.96%
Assets per employee$82,229
Cash dividends to net income (YTD only)3.27%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.56%
Noncurrent assets plus other real estate owned to assets 49.07%
Noncurrent loans to loans 2.02%
Net loans and leases to deposits1.13%
Net loans and leases to core deposits 93.18%
Equity capital to assets 98.74%
Core capital (leverage) ratio 13.96%
Tier 1 risk-based capital ratio 13.96%
Total risk-based capital ratio 22.69%
Memoranda
Average assets$23
Average earning assets$57,817
Average equity $8,145
Average loans $54,271
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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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