Flatbush Federal Savings And Loan Association
Brooklyn, NY — Domestic Branch of a Domestic Bank
Acquired Nov 2012
Vitals
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Total Assets137.4M
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Total Deposits112.7M
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Total Net Loans83.3M
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Net Income3.7M
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Book Value17.7M
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Book Value x235.5M
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Book Value x353.2M
Balance Sheet Highlights
| Financial Highlights | Flatbush Federal Savings And Loan Association | All Insured Savings Banks in New York |
| Balance Sheet $(000) | ||
| Total Assets | 137,415 | 1,156,807 |
| Total Net Loans | 83,252 | 661,951 |
| Total Deposits | 112,666 | 914,468 |
| Total Equity | 17,741 | 131,669 |
| Profitability | ||
| Net Income | 3,701 | 5,521 |
| Return on Average Assets | 3.43 | .514 |
| Return on Average Equity | 27.141 | 4.411 |
| Net Interest Margin | 3.611 | 3.358 |
| Efficiency Ratio | 45.217 | 75.931 |
| Noninterest Income/Revenue | 67.445 | 11.157 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 73.893 | 77.964 |
| Securities/Assets | .229 | .177 |
| Total Equity/Total Assets | .129 | .114 |
| Tangible Equity/Tangible Assets | .129 | .107 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 20,048 | 124,122 |
| Tier 2 Capital | 1,037 | 6,479 |
| Total Capital | 21,085 | 130,536 |
| Total Risk Weighted Assets | 82,894 | 622,212 |
| Leverage Ratio | 14.77 | 11.401 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 24.19 | 20.314 |
| Total Capital Ratio | 25.44 | 21.303 |
Timeline for Flatbush Federal Savings And Loan Association
Northfield Bank
Flatbush Federal Savings And Loan Association was acquired by Northfield Bank 11 years
View Profile Nov 03 2012
Flatbush Federal Bancorp, Inc.
Flatbush Federal Bancorp, Inc. became a new parent organization for Flatbush Federal Savings And Loan Association.
View Profile Oct 17 2003
Flatbush Federal Savings And Loan Association
Flatbush Federal Savings And Loan Association was established 135 years ago and is currently headquartered in Brooklyn, NY.
Jan 01 1889| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Northfield Bank | Buyer | 3,785,727 | Acquisition | Discontinued | 11/3/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Flatbush Federal Bancorp, Inc. | Parent | 7/21/2011 | 11/2/2012 |
| Flatbush Federal Bancorp, Inc. | Parent | 10/17/2003 | 7/20/2011 |