St Tammany Homestead Savings and Loan Association in Covington, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • St Tammany Homestead Savings and Loan Association in Covington, Louisiana (LA)
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St Tammany Homestead Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 29577
    Status: Active
    Federal Reserve ID: 194570
    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: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 3691
    FDIC's unique #: 42411
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: August 03, 1935
    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: 205 North Columbia Street, Covington, LA 70433
    County: St. Tammany
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Baton Rouge
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): New Orleans, LA (#5560)
    Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
    Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
    CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $101.5 mil
    Equity capital: $10.2 mil
    Deposits held in domestic offices: $82.9 mil
    Return on assets (ROA): 0.07% ($0.1 mil)
    Quarterly return on assets: -0.18% (-$0.2 mil)
    Return on Equity (ROE): 0.75% ($0.1 mil)
    Quarterly return on equity: -1.79% (-$0.2 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.08% ($81.2 mil)
    Quarterly Pretax return on assets: -0.83% (-$842.6 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
  • 20Total employees (full-time equivalent)
  • $101,517Total assets
  • $5,668Cash and due from depository institutions
  • $4,705Interest-bearing balances
  • $19,337Securities
  • $4,100Federal funds sold & reverse repurchase agreements
  • $63,343Net loans & leases
  • $700Loan loss allowance
  • $0Trading account assets
  • $4,503Bank premises and fixed assets
  • $1,977Other real estate owned
  • $0Goodwill and other intangibles
  • $101,517Life insurance assets
  • $2,589All other assets
  • $91,308Total liabilities and capital
  • $82,935Total liabilities
  • $81,237Total deposits
  • $82,935Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,678Trading liabilities
  • $0Other borrowed funds
  • $695Subordinated debt
  • $10,209All other liabilities
  • $10,209Total equity capital
  • $10,209Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,209Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,304Income earned, not collected on loans
  • $0Earning assets
  • $346Long-term assets (5+ years)
  • $91,485Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $103,695Volatile liabilities
  • $101,739Insider loans
  • $55,228FHLB advances
  • $101,059Loans and leases held for sale
  • $1,260Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $9,805Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,835Restructured Loans and leases
  • $119Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,828Total interest income
  • $1,618Total interest expense
  • $3,210Net interest income
  • $455Provision for loan and lease losses
  • $160Total noninterest income
  • $0Fiduciary activities
  • $3Service charges on deposit accounts
  • $0Trading account gains & fees
  • $157Additional noninterest income
  • $2,833Total noninterest expense
  • $1,384Salaries and employee benefits
  • $675Premises and equipment expense
  • $774Additional noninterest expense
  • $82Pre-tax net operating income
  • $3Securities gains (losses)
  • $9Applicable income taxes
  • $76Income before extraordinary items
  • $0Extraordinary gains - net
  • $76Net income attributable to bank
  • $0Net charge-offs
  • $76Cash dividends
  • $355Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.74%Cost of funding earning assets
  • 3.45%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 3.04%Noninterest expense to earning assets
  • 0.07%Net operating income to assets
  • 0.07%Return on assets (ROA)
  • 0.08%Pretax return on assets
  • 0.75%Return on equity (ROE)
  • 0.75%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 128.17%Credit loss provision to net charge-offs
  • 1.51%Efficiency ratio
  • 84,065Assets per employee
  • 5.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 21.19%Noncurrent assets plus other real estate owned to assets
  • 5.20%Noncurrent loans to loans
  • 5.16%Net loans and leases to deposits
  • 76.38%Net loans and leases to core deposits
  • 82.36%Equity capital to assets
  • 10.06%Core capital (leverage) ratio
  • 9.80%Tier 1 risk-based capital ratio
  • 17.75%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $103,695Average earning assets
  • $10,116Average equity
  • $93,080Average loans

List of branches

  • 2 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042411St Tammany Homestead Savings And Loa205 North Columbia Street, Covington, LA 70433January 01, 1924Full Service Brick and Mortar
    1275656200 Gause Blvd Branch200 Gause Boulevard, Slidell, LA 70458January 01, 1924Full Service Brick and Mortar

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