Union Savings and Loan Association in New Orleans, Louisiana (LA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Union Savings and Loan Association in New Orleans, Louisiana (LA)
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Union Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 27752
    Status: Active
    Federal Reserve ID: 872579
    Date Established: January 01, 1886
    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 #: 221
    FDIC's unique #: 40586
    Numeric code: 36
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: January 16, 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: 353 Carondelet St, New Orleans, LA 70130
    County: Orleans
    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: $90.5 mil
    Equity capital: $30.6 mil
    Deposits held in domestic offices: $59.8 mil
    Return on assets (ROA): 0.51% ($0.5 mil)
    Quarterly return on assets: 0.41% ($0.4 mil)
    Return on Equity (ROE): 1.47% ($0.5 mil)
    Quarterly return on equity: 1.22% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.81% ($733.4 mil)
    Quarterly Pretax return on assets: 0.65% ($588.5 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
  • 10Total employees (full-time equivalent)
  • $90,539Total assets
  • $1,859Cash and due from depository institutions
  • $900Interest-bearing balances
  • $49,048Securities
  • $3,100Federal funds sold & reverse repurchase agreements
  • $34,707Net loans & leases
  • $243Loan loss allowance
  • $0Trading account assets
  • $219Bank premises and fixed assets
  • $32Other real estate owned
  • $0Goodwill and other intangibles
  • $90,539Life insurance assets
  • $1,574All other assets
  • $59,892Total liabilities and capital
  • $59,803Total liabilities
  • $59,803Total deposits
  • $59,803Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $89Subordinated debt
  • $30,647All other liabilities
  • $30,647Total equity capital
  • $30,647Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $30,647Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $83Income earned, not collected on loans
  • $0Earning assets
  • $288Long-term assets (5+ years)
  • $87,755Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $88,298Volatile liabilities
  • $90,049Insider loans
  • $29,322FHLB advances
  • $90,539Loans and leases held for sale
  • $853Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $30,647Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,422Total interest income
  • $1,045Total interest expense
  • $2,377Net interest income
  • $0Provision for loan and lease losses
  • -$32Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$32Additional noninterest income
  • $1,629Total noninterest expense
  • $1,250Salaries and employee benefits
  • $192Premises and equipment expense
  • $187Additional noninterest expense
  • $716Pre-tax net operating income
  • $0Securities gains (losses)
  • $270Applicable income taxes
  • $446Income before extraordinary items
  • $0Extraordinary gains - net
  • $446Net income attributable to bank
  • $0Net charge-offs
  • $446Cash 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)
  • 4.01%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 2.78%Net interest margin
  • -0.04%Noninterest income to earning assets
  • 1.91%Noninterest expense to earning assets
  • 0.51%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 1.47%Return on equity (ROE)
  • 1.47%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
  • 69,467Assets per employee
  • 9.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 292.77%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 58.04%Net loans and leases to core deposits
  • 61.52%Equity capital to assets
  • 33.85%Core capital (leverage) ratio
  • 33.85%Tier 1 risk-based capital ratio
  • 104.52%Total risk-based capital ratio
  • Memoranda
  • $105Average assets
  • $88,298Average earning assets
  • $30,442Average equity
  • $85,391Average loans

List of branches

  • 2 Louisiana Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040586Union Savings And Loan Association353 Carondelet St, New Orleans, LA 70130January 01, 1886Full Service Brick and Mortar
    12632985620 Veterans Memorial Blvd Branch5620 Veterans Boulevard, Metairie, LA 70003January 01, 1886Full Service Brick and Mortar

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