Second Federal Savings and Loan Association of Philadelphia in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Second Federal Savings and Loan Association of Philadelphia in Philadelphia, Pennsylvania (PA)
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Second Federal Savings and Loan Association of Philadelphia - Overview

  • General
  • FDIC Certificate #: 29627
    Status: Active
    Federal Reserve ID: 460275
    Date Established: January 01, 1924
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 3776
    FDIC's unique #: 42461
    Numeric code: 38
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: December 04, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1727 Chestnut Street, Philadelphia, PA 19103
    County: Philadelphia
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $14.3 mil
    Equity capital: $6.3 mil
    Deposits held in domestic offices: $7.7 mil
    Return on assets (ROA): 0.08% ($0.0 mil)
    Quarterly return on assets: 1.53% ($0.2 mil)
    Return on Equity (ROE): 0.19% ($0.0 mil)
    Quarterly return on equity: 3.47% ($0.2 mil)
    Net income: $0.0 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.05% ($7.2 mil)
    Quarterly Pretax return on assets: 3.17% ($454.1 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
  • 2Total employees (full-time equivalent)
  • $14,326Total assets
  • $953Cash and due from depository institutions
  • $738Interest-bearing balances
  • $7,242Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,929Net loans & leases
  • $37Loan loss allowance
  • $0Trading account assets
  • $29Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $14,327Life insurance assets
  • $173All other assets
  • $8,000Total liabilities and capital
  • $7,712Total liabilities
  • $7,712Total deposits
  • $7,712Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $288Subordinated debt
  • $6,327All other liabilities
  • $6,327Total equity capital
  • $6,327Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $6,327Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6Income earned, not collected on loans
  • $0Earning assets
  • $33Long-term assets (5+ years)
  • $13,909Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $14,444Volatile liabilities
  • $14,388Insider loans
  • $9,341FHLB advances
  • $14,158Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,222Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $100Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $661Total interest income
  • $85Total interest expense
  • $576Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $569Total noninterest expense
  • $437Salaries and employee benefits
  • $83Premises and equipment expense
  • $49Additional noninterest expense
  • $7Pre-tax net operating income
  • $0Securities gains (losses)
  • -$5Applicable income taxes
  • $12Income before extraordinary items
  • $0Extraordinary gains - net
  • $12Net income attributable to bank
  • $0Net charge-offs
  • $12Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.61%Cost of funding earning assets
  • 4.10%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 4.05%Noninterest expense to earning assets
  • 0.08%Net operating income to assets
  • 0.08%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.19%Return on equity (ROE)
  • 0.19%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 98,785Assets per employee
  • 7.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.62%Loss allowance to noncurrent loans
  • 616.67%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.10%Net loans and leases to deposits
  • 76.88%Net loans and leases to core deposits
  • 76.88%Equity capital to assets
  • 44.16%Core capital (leverage) ratio
  • 43.95%Tier 1 risk-based capital ratio
  • 66.61%Total risk-based capital ratio
  • Memoranda
  • $67Average assets
  • $14,444Average earning assets
  • $6,287Average equity
  • $14,035Average loans

List of branches

  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042461Second Federal Savings And Loan Asso1727 Chestnut Street, Philadelphia, PA 19103January 01, 1924Full Service Brick and Mortar

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