K Bank
Randallstown, MD — Non-member Bank
Acquired Nov 2010
Vitals
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Total Assets538.3M -18.3 %
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Total Deposits500.1M -13.2 %
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Total Net Loans402.8M -18.2 %
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Net Income-16779000.0000
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Book Value6.7M -69.2 %
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Book Value x213.5M -69.2 %
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Book Value x320.2M -69.2 %
Balance Sheet Highlights
Financial Highlights | K Bank | All Insured Commercial Banks in Maryland |
Balance Sheet $(000) | ||
Total Assets | 538,258 | 405,791 |
Total Net Loans | 402,827 | 290,136 |
Total Deposits | 500,056 | 336,650 |
Total Equity | 6,741 | 37,477 |
Profitability | ||
Net Income | -16,779 | 441 |
Return on Average Assets | -3.789 | .058 |
Return on Average Equity | -146.614 | .573 |
Net Interest Margin | 2.29 | 3.792 |
Efficiency Ratio | 346.801 | 73.898 |
Noninterest Income/Revenue | -34.901 | 13.993 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 80.556 | 86.941 |
Securities/Assets | .162 | .11 |
Total Equity/Total Assets | .013 | .092 |
Tangible Equity/Tangible Assets | .013 | .089 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 5,779 | 34,866 |
Tier 2 Capital | 4,841 | 4,078 |
Total Capital | 10,620 | 38,868 |
Total Risk Weighted Assets | 377,294 | 308,298 |
Leverage Ratio | 1.02 | 9.14 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 1.53 | 12.15 |
Total Capital Ratio | 2.81 | 13.501 |
Timeline for K Bank
K Bank was acquired by 13 years
Nov 06 2010Manufacturers And Traders Trust Company
K Bank was acquired by Manufacturers And Traders Trust Company 13 years
View Profile Nov 06 2010Kw Servicing Trust Ii
Kw Servicing Trust Ii became a new subsidiary organization for K Bank.
View Profile Jul 31 2007Hughes Lane Trust
Hughes Lane Trust became a new subsidiary organization for K Bank.
View Profile Jul 31 2007K Capital Corporation
K Capital Corporation became a new parent organization for K Bank.
View Profile Oct 01 1996Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Manufacturers And Traders Trust Company | Buyer | 126,239,147 | Failure | 11/6/2010 |
Relationships | Role | Relationship Start | Relationship End |
K Capital Corporation | Parent | 10/1/1996 | 11/5/2010 |
Key Operations Center Inc. | Subsidary | 6/30/2007 | 11/5/2010 |
Kw Servicing Corporation | Subsidary | 6/30/2007 | 11/5/2010 |
Kw Servicing Trust Ii | Subsidary | 7/31/2007 | 11/5/2010 |
Hughes Lane Trust | Subsidary | 7/31/2007 | 11/5/2010 |
Key Operations Center Inc. | Subsidary | 10/1/1996 | 6/29/2007 |
Kw Servicing Corporation | Subsidary | 10/1/1996 | 6/29/2007 |
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