Vista Federal Savings Association in Reston, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 1994

  • Vista Federal Savings Association in Reston, Virginia (VA)
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Vista Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33563
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: Eastern American Bank, FSB (#32336)
    Federal Reserve ID: 231578
    Date Established: Febuary 28, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9699
    FDIC's unique #: 47445
    Numeric code: 38
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 28, 1992
    Last Structure Change Effective Date: April 29, 1994
    Last Structure Change Process Date: May 16, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 11515 Sunrise Valley Drive, Reston, VA 22091
    County: Fairfax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    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): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $41.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $43,926Cash and due from depository institutions
  • $3,162Interest-bearing balances
  • $2,562Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $43Net loans & leases
  • $33,501Loan loss allowance
  • $6,600Trading account assets
  • $0Bank premises and fixed assets
  • $325Other real estate owned
  • $3,668Goodwill and other intangibles
  • $3,227Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $43,926Total liabilities
  • $71,550Total deposits
  • $38,210Interest-bearing deposits
  • $38,210Deposits held in domestic offices
  • 38210.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $32,000Subordinated debt
  • $0All other liabilities
  • $1,340Total equity capital
  • $1,340Total bank equity capital
  • $-27,624Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-27,624Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,388Income earned, not collected on loans
  • $203Earning assets
  • $36,106Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $54,460Average Assets, quarterly
  • $47,107Volatile liabilities
  • $35,116Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-27,624Total risk weighted assets
  • $34,718Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,314Total interest expense
  • $4,607Net interest income
  • -$1,293Provision for loan and lease losses
  • $3,035Total noninterest income
  • $738Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $738Total noninterest expense
  • $6,804Salaries and employee benefits
  • $886Premises and equipment expense
  • $629Additional noninterest expense
  • $5,289Pre-tax net operating income
  • -$10,394Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$10,394Extraordinary gains - net
  • $0Net income attributable to bank
  • -$10,394Net charge-offs
  • $5,484Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.45%Cost of funding earning assets
  • 10.36%Net interest margin
  • -2.91%Noninterest income to earning assets
  • 1.66%Noninterest expense to earning assets
  • 15.30%Net operating income to assets
  • -19.09%Return on assets (ROA)
  • -19.09%Pretax return on assets
  • -19.09%Return on equity (ROE)
  • 46.74%Retained earnings to average equity (YTD only)
  • 46.74%Net charge-offs to loans
  • 10.80%Credit loss provision to net charge-offs
  • 55.34%Efficiency ratio
  • -1,225,946Assets per employee
  • 2.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 16.46%Loss allowance to noncurrent loans
  • 63.53%Noncurrent assets plus other real estate owned to assets
  • 32.00%Noncurrent loans to loans
  • 25.90%Net loans and leases to deposits
  • 87.68%Net loans and leases to core deposits
  • 95.46%Equity capital to assets
  • -62.89%Core capital (leverage) ratio
  • -62.59%Tier 1 risk-based capital ratio
  • -79.57%Total risk-based capital ratio
  • Memoranda
  • -$80Average assets
  • $54,460Average earning assets
  • -$22,236Average equity
  • $44,462Average loans

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