The Fidelity Bank in city_name, state_name - Detailed Financial Reports, Location

The Fidelity Bank in Hagerstown, Maryland (MD)
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The Fidelity Bank - Overview

General
FDIC Certificate #: 12882
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Farmers & Mechanics Bank (#4842)
Federal Reserve ID: 773126
Date Established: April 18, 1902
WWW: http://www.fidelitybankmd.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Interstate: No)
FDIC's unique #: 8154
Numeric code: 21
Regulator: FDIC
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: April 21, 2005
Last Structure Change Process Date: May 04, 2005
Last Data Update: May 04, 2005
Data Source Date: April 05, 2012
Location
Address: 128 Washington Street, Hagerstown, MD 21741
County: Washington
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): Hagerstown, MD (#3180)
Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
Core Based Statistical Area (CBSA): Hagerstown-Martinsburg, MD-WV (#25180)
CBSA Metro Statistical Area: Hagerstown-Martinsburg, MD-WV (#25180)
Financial Summary
Total assets: $302.9 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, 2004)

Dollar figures in thousands
90Total employees (full-time equivalent)
$302,836Total assets
$6,727Cash and due from depository institutions
$0Interest-bearing balances
$35,578Securities
$9,001Federal funds sold & reverse repurchase agreements
$201,222Net loans & leases
$1,802Loan loss allowance
$0Trading account assets
$4,322Bank premises and fixed assets
$0Other real estate owned
$44,140Goodwill and other intangibles
$0Life insurance assets
$1,846All other assets
$302,836Total liabilities and capital
$237,767Total liabilities
$220,746Total deposits
$171,077Interest-bearing deposits
$220,746Deposits held in domestic offices
0.00%% insured (estimated)
$5,532Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$9,000Subordinated debt
$2,489All other liabilities
$65,069Total equity capital
$65,069Total bank equity capital
$65,069Perpetual preferred stock
$0Common stock
$375Surplus
$60,434Undivided profits
Memoranda
$4,260Noncurrent loans and leases
$43,477Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$632Earning assets
$0Long-term assets (5+ years)
$804Average Assets, year-to-date
$245,801Average Assets, quarterly
$56,074Volatile liabilities
$282,960Insider loans
$299,260FHLB advances
$21,981Loans and leases held for sale
$7,235Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$43,477Total unused commitments
$0Restructured Loans and leases
$10,836Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$12,475Total interest income
$1,933Total interest expense
$10,542Net interest income
$180Provision for loan and lease losses
$2,412Total noninterest income
$0Fiduciary activities
$1,466Service charges on deposit accounts
$0Trading account gains & fees
$946Additional noninterest income
$9,143Total noninterest expense
$4,430Salaries and employee benefits
$1,291Premises and equipment expense
$3,422Additional noninterest expense
$3,631Pre-tax net operating income
$0Securities gains (losses)
$1,426Applicable income taxes
$2,205Income before extraordinary items
$0Extraordinary gains - net
$2,205Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$99Sale, conversion, retirement of capital stock, net
$907Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
0.78%Cost of funding earning assets
4.24%Net interest margin
0.97%Noninterest income to earning assets
3.67%Noninterest expense to earning assets
0.78%Net operating income to assets
0.78%Return on assets (ROA)
1.28%Pretax return on assets
5.46%Return on equity (ROE)
3.22%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
181.82%Credit loss provision to net charge-offs
38.49%Efficiency ratio
66,705Assets per employee
3.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.13%Loss allowance to loans
0.89%Loss allowance to noncurrent loans
285.13%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.31%Net loans and leases to deposits
91.16%Net loans and leases to core deposits
98.49%Equity capital to assets
21.49%Core capital (leverage) ratio
8.78%Tier 1 risk-based capital ratio
11.71%Total risk-based capital ratio
Memoranda
$17Average assets
$282,960Average earning assets
$40,371Average equity
$248,868Average loans

The Fidelity Bank in Hagerstown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Fidelity Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

The Fidelity Bank in Hagerstown, Maryland (MD)Overview, Financial Summary, Detailed Financial Reports, Branches

The Fidelity Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Comment about this bank, ask questions, or add new information about it:

The Fidelity Bank in Hagerstown, Maryland (MD)
Overview, Financial Summary, Detailed Financial Reports, Branches