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About Us
ACACIA FEDERAL SAVINGS BANK FINANCIAL REPORT
(STATEMENT OF FINANCIAL CONDITION 12/31/07)
This statement has been prepared in conformity with both accounting principals generally accepted in the United States of America and the Office of Thrift Supervision (OTS) instructions for Thrift Financial Reports, and are true to the best of my knowledge and belief.
/s/ Louis C. Kiessling, III, EVP and CFO |
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Regulatory Capital Requirements
Regulatory capital is one measure by which the Office of Thrift Supervision determines whether a savings association is operating in a safe and sound manner.
The following table summarizes the Savings Bank's regulatory capital requirements and the amount of capital the institution has to meet those requirements.
Tangible Capital (in thousands)
Required $22,389
Actual $119,116
Core Capital
Required $59,704
Actual $119,116
Risk Based Capital
Required $72,892
Actual $123,296
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ASSETS
Cash and Overnight Deposits
$2,569,791
Investment Securities
47,270,802
Loans Receivable, Net
1,406,414,876
Accrued Interest Receivable
6,671,985
Investment in FHLB Stock
21,746,400
Office Property and Equipment
776,194
Other Assets
6,988,441
Total Assets$1,492,438,489
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LIABILITIES AND STOCKHOLDER'S EQUITY
Deposit Accounts
$919,986,364
Other Borrowed Money
437,305,459
Accrued Interest Payable
11,546,112
Other Liabilities
4,579,202
Total Liabilities
$1,373,417,137
Stockholders' Equity
119,021,352
Total Liabilities and Stockholders' Equity
$1,492,438,489
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This statement has been prepared in conformity with both accounting principles generally accepted in the United States of America and the Office of Thrift Supervision (OTS) Thrift Financial Report Instruction Manual, and are true to the best of my knowledge and belief.
/s/ Louis C. Kiessling, III, EVP and CFO
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