Fairmount Bank
Baltimore, MD — Domestic Branch of a Domestic Bank
Acquired Sep 2015
Vitals
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Total Assets77.2M 1.1 %
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Total Deposits54.8M -3.0 %
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Total Net Loans54.6M 0.2 %
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Net Income228000.0000 435.3 %
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Book Value12.1M 4.9 %
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Book Value x224.2M 4.9 %
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Book Value x336.3M 4.9 %
Balance Sheet Highlights
Financial Highlights | Fairmount Bank | All Insured Commercial Banks in Maryland |
Balance Sheet $(000) | ||
Total Assets | 77,215 | 471,659 |
Total Net Loans | 54,560 | 345,084 |
Total Deposits | 54,830 | 389,065 |
Total Equity | 12,114 | 52,065 |
Profitability | ||
Net Income | 228 | 1,686 |
Return on Average Assets | .594 | .608 |
Return on Average Equity | 3.793 | 5.817 |
Net Interest Margin | 3.838 | 3.683 |
Efficiency Ratio | 66.3 | 75.101 |
Noninterest Income/Revenue | .804 | 19.665 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 99.508 | 87.546 |
Securities/Assets | .128 | .135 |
Total Equity/Total Assets | .157 | .11 |
Tangible Equity/Tangible Assets | .157 | .103 |
Capital Adequacy | ||
Tier 1 Common Capital | 11,991 | 45,931 |
Tier 1 Capital | 11,991 | 46,986 |
Tier 2 Capital | 534 | 3,657 |
Total Capital | 12,525 | 50,622 |
Total Risk Weighted Assets | 42,577 | 356,728 |
Leverage Ratio | 15.48 | 10.368 |
Common Equity Tier 1 Capital Ratio | 28.16 | 14.109 |
Tier 1 Capital Ratio | 28.16 | 14.305 |
Total Capital Ratio | 29.42 | 15.431 |
Timeline for Fairmount Bank
Fullerton Federal Savings Association
Acquisition: Fairmount Bank acquired a new subsidiary, Fullerton Federal Savings Association, 12 years
View Profile Oct 13 2011Fairmount Bancorp, Inc.
Fairmount Bancorp, Inc. became a new parent organization for Fairmount Bank.
View Profile Jun 02 2010Fairmount Bank
Fairmount Bank was established 145 years ago and is currently headquartered in Baltimore, MD.
Apr 04 1879Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Hamilton Bank | Buyer | 510,208 | Acquisition | Discontinued | 9/14/2015 |
Fullerton Federal Savings Association | Seller | 8,525 | Discontinued | 10/13/2011 |
Relationships | Role | Relationship Start | Relationship End |
Fairmount Bancorp, Inc. | Parent | 7/21/2011 | 9/13/2015 |
Fairmount Bancorp, Inc. | Parent | 6/2/2010 | 7/20/2011 |
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