Mutual Community Savings Bank, Ssb
Durham, NC — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Vitals
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Total Assets63.9M -28.2 %
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Total Deposits49.8M -31.1 %
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Total Net Loans43.3M -30.7 %
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Net Income
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Book Value4.7M -25.2 %
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Book Value x29.4M -25.2 %
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Book Value x314.1M -25.2 %
Balance Sheet Highlights
Financial Highlights | Mutual Community Savings Bank, Ssb | All Insured Savings Banks in North Carolina |
Balance Sheet $(000) | ||
Total Assets | 63,862 | 217,638 |
Total Net Loans | 43,261 | 168,154 |
Total Deposits | 49,796 | 162,858 |
Total Equity | 4,684 | 22,551 |
Profitability | ||
Net Income | — | 1,739 |
Return on Average Assets | — | .525 |
Return on Average Equity | — | 4.712 |
Net Interest Margin | 3.23 | 3.214 |
Efficiency Ratio | 114.856 | 80.786 |
Noninterest Income/Revenue | 18.852 | 7.799 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 86.877 | 92.385 |
Securities/Assets | .065 | .126 |
Total Equity/Total Assets | .073 | .104 |
Tangible Equity/Tangible Assets | .073 | .093 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,675 | 22,490 |
Tier 2 Capital | 576 | 1,701 |
Total Capital | 5,251 | 24,190 |
Total Risk Weighted Assets | 45,876 | 160,771 |
Leverage Ratio | 7.35 | 12.186 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.19 | 20.408 |
Total Capital Ratio | 11.45 | 21.429 |
Timeline for Mutual Community Savings Bank, Ssb
Mechanics & Farmers Bank
Mutual Community Savings Bank, Ssb was acquired by Mechanics & Farmers Bank 16 years
View Profile Mar 29 2008Greensboro National Bank
Acquisition: Mutual Community Savings Bank, Ssb acquired a new subsidiary, Greensboro National Bank, 28 years
View Profile Sep 30 1995American Federal Savings And Loan Association
Acquisition: Mutual Community Savings Bank, Ssb acquired a new subsidiary, American Federal Savings And Loan Association, 33 years
View Profile Jul 07 1990Mutual Community Savings Bank, Ssb
Mutual Community Savings Bank, Ssb was established 103 years ago and is currently headquartered in Durham, NC.
Jan 01 1921Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Mechanics & Farmers Bank | Buyer | 309,977 | Acquisition | Discontinued | 3/29/2008 |
Greensboro National Bank | Seller | 16,377 | Acquisition | Discontinued | 9/30/1995 |
American Federal Savings And Loan Association | Seller | 19,156 | Discontinued | 7/7/1990 |
Relationships | Role | Relationship Start | Relationship End |
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