Abington Savings Bank in Jenkintown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2011

  • Abington Savings Bank in Jenkintown, Pennsylvania (PA)
  • Show street view No street view available for this location

Abington Savings Bank - Overview

  • General
  • FDIC Certificate #: 27942
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Susquehanna Bank (#7579)
    Federal Reserve ID: 442776
    Date Established: January 01, 1867
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 22 (Interstate: No)
    OTS Docket #: 584
    FDIC's unique #: 40776
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 22, 1940
    Last Structure Change Effective Date: October 01, 2011
    Last Structure Change Process Date: October 06, 2011
    Last Data Update: October 06, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 180 Old York Road, Jenkintown, PA 19046
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $1,156.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2010)

  • Dollar figures in thousands
  • 152Total employees (full-time equivalent)
  • $1,247,057Total assets
  • $73,330Cash and due from depository institutions
  • $55,419Interest-bearing balances
  • $374,684Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $696,443Net loans & leases
  • $4,272Loan loss allowance
  • $0Trading account assets
  • $9,752Bank premises and fixed assets
  • $23,588Other real estate owned
  • $26Goodwill and other intangibles
  • $42,745Life insurance assets
  • $69,234All other assets
  • $1,247,057Total liabilities and capital
  • $1,071,244Total liabilities
  • $924,351Total deposits
  • $847,430Interest-bearing deposits
  • $924,351Deposits held in domestic offices
  • 79.21%% insured (estimated)
  • $15,881Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $124,603Other borrowed funds
  • $0Subordinated debt
  • $6,409All other liabilities
  • $175,813Total equity capital
  • $175,813Total bank equity capital
  • $175,813Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $109,476Undivided profits
  • Memoranda
  • $66,336Noncurrent loans and leases
  • $115,244Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,037Earning assets
  • $0Long-term assets (5+ years)
  • $4,103Average Assets, year-to-date
  • $1,126,546Average Assets, quarterly
  • $512,503Volatile liabilities
  • $1,255,626Insider loans
  • $1,252,490FHLB advances
  • $261,248Loans and leases held for sale
  • $3,448Unused loan commitments
  • $109,874Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $115,244Total unused commitments
  • $8,636Restructured Loans and leases
  • $4,294Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $51,318Total interest income
  • $19,068Total interest expense
  • $32,250Net interest income
  • $977Provision for loan and lease losses
  • $3,246Total noninterest income
  • $0Fiduciary activities
  • $1,202Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,044Additional noninterest income
  • $24,223Total noninterest expense
  • $11,963Salaries and employee benefits
  • $3,292Premises and equipment expense
  • $8,968Additional noninterest expense
  • $10,296Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,566Applicable income taxes
  • $7,730Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,730Net income attributable to bank
  • $0Net charge-offs
  • $7,730Cash dividends
  • $5,795Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.55%Yield on earning assets
  • 1.69%Cost of funding earning assets
  • 2.86%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.15%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.82%Pretax return on assets
  • 4.50%Return on equity (ROE)
  • 4.50%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 16.86%Credit loss provision to net charge-offs
  • 1.95%Efficiency ratio
  • 68,241Assets per employee
  • 8.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 47.27%Noncurrent assets plus other real estate owned to assets
  • 2.62%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 75.34%Net loans and leases to core deposits
  • 98.94%Equity capital to assets
  • 14.10%Core capital (leverage) ratio
  • 13.84%Tier 1 risk-based capital ratio
  • 23.31%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $1,255,626Average earning assets
  • $171,950Average equity
  • $1,128,015Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Abington Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents