Signet Bank-Maryland in Baltimore, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1995

  • Signet Bank-Maryland in Baltimore, Maryland (MD)
  • Show street view No street view available for this location

Signet Bank-Maryland - Overview

  • General
  • FDIC Certificate #: 12679
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Signet Bank (#11589)
    Federal Reserve ID: 215420
    Date Established: January 01, 1795
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 93 (Interstate: No)
    FDIC's unique #: 8042
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 01, 1995
    Last Structure Change Process Date: December 18, 1995
    Last Data Update: December 18, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 7 St. Paul Street, Baltimore, MD 21203
    County: Baltimore City
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Baltimore, MD (#720)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Baltimore-Towson, MD (#12580)
    CBSA Metro Statistical Area: Baltimore-Towson, MD (#12580)
  • Financial Summary
  • Total assets: $4,254.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,031Total assets
  • $3,232,326Cash and due from depository institutions
  • $252,055Interest-bearing balances
  • $14,530Securities
  • $434,725Federal funds sold & reverse repurchase agreements
  • $69,906Net loans & leases
  • $2,367,455Loan loss allowance
  • $60,211Trading account assets
  • $0Bank premises and fixed assets
  • $35,201Other real estate owned
  • $14,391Goodwill and other intangibles
  • $58,297Life insurance assets
  • $296All other assets
  • $0Total liabilities and capital
  • $3,232,326Total liabilities
  • $3,017,687Total deposits
  • $2,260,400Interest-bearing deposits
  • $1,606,159Deposits held in domestic offices
  • 2253558.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $641,607Trading liabilities
  • $0Other borrowed funds
  • $8,928Subordinated debt
  • $25,000All other liabilities
  • $81,752Total equity capital
  • $81,752Total bank equity capital
  • $214,639Perpetual preferred stock
  • $0Common stock
  • $60,000Surplus
  • $128,000Undivided profits
  • Memoranda
  • $26,639Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $38,244Income earned, not collected on loans
  • $20,914Earning assets
  • $2,886,616Long-term assets (5+ years)
  • $645,194Average Assets, year-to-date
  • $3,100,105Average Assets, quarterly
  • $3,100,546Volatile liabilities
  • $721,227Insider loans
  • $51,182FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $848,179Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $216,672Total risk weighted assets
  • $1,918,529Total unused commitments
  • $0Restructured Loans and leases
  • $510,000Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $196,727Total interest expense
  • $68,669Net interest income
  • $128,058Provision for loan and lease losses
  • $2,196Total noninterest income
  • $34,141Fiduciary activities
  • $0Service charges on deposit accounts
  • $25,355Trading account gains & fees
  • $0Additional noninterest income
  • $8,786Total noninterest expense
  • $132,897Salaries and employee benefits
  • $55,355Premises and equipment expense
  • $19,386Additional noninterest expense
  • $58,156Pre-tax net operating income
  • $27,106Securities gains (losses)
  • $346Applicable income taxes
  • $7,335Income before extraordinary items
  • $20,117Extraordinary gains - net
  • $0Net income attributable to bank
  • $20,117Net charge-offs
  • $12,117Cash dividends
  • $11,280Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.10%Cost of funding earning assets
  • 2.48%Net interest margin
  • 4.62%Noninterest income to earning assets
  • 1.23%Noninterest expense to earning assets
  • 4.79%Net operating income to assets
  • 0.64%Return on assets (ROA)
  • 0.65%Pretax return on assets
  • 0.89%Return on equity (ROE)
  • 9.45%Retained earnings to average equity (YTD only)
  • 4.15%Net charge-offs to loans
  • 0.57%Credit loss provision to net charge-offs
  • 18.12%Efficiency ratio
  • 81,887Assets per employee
  • 3.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 56.07%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 157.44%Noncurrent assets plus other real estate owned to assets
  • 1.63%Noncurrent loans to loans
  • 1.58%Net loans and leases to deposits
  • 104.74%Net loans and leases to core deposits
  • 108.12%Equity capital to assets
  • 6.64%Core capital (leverage) ratio
  • 7.01%Tier 1 risk-based capital ratio
  • 11.29%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $3,100,105Average earning assets
  • $212,969Average equity
  • $2,771,990Average loans

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