Altoona First Savings Bank in Altoona, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Altoona First Savings Bank - Overview

  • General
  • FDIC Certificate #: 27711
    Status: Active
    Federal Reserve ID: 777870
    Date Established: January 01, 1927
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 153
    FDIC's unique #: 40545
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 31, 1937
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 203 North Logan Boulevard, Altoona, PA 16603
    County: Blair
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Altoona, PA (#280)
    Core Based Statistical Area (CBSA): Altoona, PA (#11020)
    CBSA Metro Statistical Area: Altoona, PA (#11020)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $210.5 mil
    Equity capital: $23.7 mil
    Deposits held in domestic offices: $184.9 mil
    Return on assets (ROA): 0.63% ($1.3 mil)
    Quarterly return on assets: 0.71% ($1.5 mil)
    Return on Equity (ROE): 5.65% ($1.4 mil)
    Quarterly return on equity: 6.32% ($1.5 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.97% ($2,041.7 mil)
    Quarterly Pretax return on assets: 1.00% ($2,104.8 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, 2011)

  • Dollar figures in thousands
  • 49Total employees (full-time equivalent)
  • $210,480Total assets
  • $38,111Cash and due from depository institutions
  • $36,100Interest-bearing balances
  • $15,041Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $145,741Net loans & leases
  • $940Loan loss allowance
  • $0Trading account assets
  • $3,075Bank premises and fixed assets
  • $1,020Other real estate owned
  • $275Goodwill and other intangibles
  • $210,480Life insurance assets
  • $7,217All other assets
  • $186,750Total liabilities and capital
  • $184,876Total liabilities
  • $157,243Total deposits
  • $184,876Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,874Subordinated debt
  • $23,730All other liabilities
  • $23,730Total equity capital
  • $23,730Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $23,730Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,800Income earned, not collected on loans
  • $0Earning assets
  • $555Long-term assets (5+ years)
  • $196,882Average Assets, year-to-date
  • $100,551Average Assets, quarterly
  • $207,622Volatile liabilities
  • $209,823Insider loans
  • $134,014FHLB advances
  • $208,476Loans and leases held for sale
  • $3,339Unused loan commitments
  • $2,212Tier 1 (core) risk-based capital
  • $23,697Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,127Total unused commitments
  • $16,978Restructured Loans and leases
  • $971Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,540Total interest income
  • $2,342Total interest expense
  • $7,198Net interest income
  • $556Provision for loan and lease losses
  • $921Total noninterest income
  • $0Fiduciary activities
  • $583Service charges on deposit accounts
  • $0Trading account gains & fees
  • $338Additional noninterest income
  • $5,557Total noninterest expense
  • $2,688Salaries and employee benefits
  • $737Premises and equipment expense
  • $2,132Additional noninterest expense
  • $2,006Pre-tax net operating income
  • $0Securities gains (losses)
  • $703Applicable income taxes
  • $1,303Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,303Net income attributable to bank
  • $0Net charge-offs
  • $1,303Cash dividends
  • $576Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.93%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.72%Net interest margin
  • 0.48%Noninterest income to earning assets
  • 2.87%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 5.65%Return on equity (ROE)
  • 5.65%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 96.53%Credit loss provision to net charge-offs
  • 4.45%Efficiency ratio
  • 68,444Assets per employee
  • 4.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 52.22%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 78.83%Net loans and leases to core deposits
  • 81.95%Equity capital to assets
  • 11.27%Core capital (leverage) ratio
  • 11.37%Tier 1 risk-based capital ratio
  • 17.68%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $207,622Average earning assets
  • $23,046Average equity
  • $193,688Average loans

List of branches

  • 6 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040545Altoona First Savings Bank203 North Logan Boulevard, Altoona, PA 16603January 01, 1927Full Service Brick and Mortar
    1262936100 W. Pitt Street Branch100 W. Pitt Street, Bedford, PA 15522January 01, 1927Full Service Brick and Mortar
    2262937601 East Allegheny Street Branch601 East Allegheny Street, Martinsburg, PA 16662January 01, 1927Full Service Brick and Mortar
    32629381116 Twelfth Ave Branch1116 Twelfth Ave, Altoona, PA 16601January 01, 1927Full Service Brick and Mortar
    4365751Everett Office112 Willow Grove Drive, Everett, PA 15537November 25, 2002Full Service Brick and Mortar
    5418935Duncansville Office150 Patchway Road, Duncansville, PA 16635April 07, 2003Full Service Brick and Mortar

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