FDIC Certificate #: 31086 Status: Inactive Closing history: Corrections Acquiring institution:Suburban Federal Savings Bank (#30763) Federal Reserve ID: 616577 Date Established: January 01, 1922 WWW:http://www.wvsb.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 6354 FDIC's unique #: 43920 Numeric code: 34 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: December 09, 1959 Last Structure Change Effective Date: September 30, 2004 Last Structure Change Process Date: October 22, 2004 Last Data Update: April 26, 2005 Data Source Date: April 05, 2012
Location
Address: 1000 Ingleside Ave, Baltimore, MD 21228 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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $67.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
19Total employees (full-time equivalent)
$71,035Total assets
$9,337Cash and due from depository institutions
$8,336Interest-bearing balances
$34,200Securities
$2,778Federal funds sold & reverse repurchase agreements
$22,426Net loans & leases
$255Loan loss allowance
$0Trading account assets
$1,323Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$971All other assets
$71,035Total liabilities and capital
$59,905Total liabilities
$59,723Total deposits
$59,637Interest-bearing deposits
$59,723Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$182All other liabilities
$11,130Total equity capital
$11,130Total bank equity capital
$11,130Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$11,130Noncurrent loans and leases
$698Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$509Earning assets
$0Long-term assets (5+ years)
$290Average Assets, year-to-date
$67,740Average Assets, quarterly
$0Volatile liabilities
$73,962Insider loans
$72,064FHLB advances
$14,879Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$698Total unused commitments
$126Restructured Loans and leases
$255Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$3,876Total interest income
$2,044Total interest expense
$1,832Net interest income
$0Provision for loan and lease losses
$290Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$290Additional noninterest income
$1,843Total noninterest expense
$994Salaries and employee benefits
$494Premises and equipment expense
$355Additional noninterest expense
$279Pre-tax net operating income
$6Securities gains (losses)
$76Applicable income taxes
$209Income before extraordinary items
$0Extraordinary gains - net
$209Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$90Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.50%Yield on earning assets
2.90%Cost of funding earning assets
2.60%Net interest margin
0.41%Noninterest income to earning assets
2.61%Noninterest expense to earning assets
0.28%Net operating income to assets
0.28%Return on assets (ROA)
0.39%Pretax return on assets
1.87%Return on equity (ROE)
1.87%Retained earnings to average equity (YTD only)
0.36%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
3.10%Efficiency ratio
86,852Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
50.10%Noncurrent assets plus other real estate owned to assets
0.72%Noncurrent loans to loans
2.24%Net loans and leases to deposits
37.55%Net loans and leases to core deposits
50.01%Equity capital to assets
15.67%Core capital (leverage) ratio
15.68%Tier 1 risk-based capital ratio
37.38%Total risk-based capital ratio
Memoranda
$38Average assets
$73,962Average earning assets
$11,187Average equity
$70,481Average loans
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