Bank of Hanover and Trust Company in Hanover, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 25, 2007

  • Bank of Hanover and Trust Company in Hanover, Pennsylvania (PA)
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Bank of Hanover and Trust Company - Overview

  • General
  • FDIC Certificate #: 12986
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BLC Bank N. A. (#7768)
    Federal Reserve ID: 438715
    Date Established: April 15, 1835
    WWW: http://www.bankofhanover.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 18 (Interstate: No)
    OTS Docket #: 9785
    FDIC's unique #: 8208
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: May 25, 2007
    Last Structure Change Process Date: June 06, 2007
    Last Data Update: June 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 25 Carlisle Street, Hanover, PA 17331
    County: York
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): York, PA (#9280)
    Combined Statistical Area (CSA): York-Hanover-Gettysburg, PA (#564)
    Core Based Statistical Area (CBSA): York-Hanover, PA (#49620)
    CBSA Metro Statistical Area: York-Hanover, PA (#49620)
  • Financial Summary
  • Total assets: $831.3 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, 2006)

  • Dollar figures in thousands
  • 153Total employees (full-time equivalent)
  • $816,701Total assets
  • $21,783Cash and due from depository institutions
  • $1,013Interest-bearing balances
  • $206,315Securities
  • $21,375Federal funds sold & reverse repurchase agreements
  • $547,142Net loans & leases
  • $5,394Loan loss allowance
  • $0Trading account assets
  • $7,469Bank premises and fixed assets
  • $0Other real estate owned
  • $733Goodwill and other intangibles
  • $1,450Life insurance assets
  • $11,884All other assets
  • $816,701Total liabilities and capital
  • $747,459Total liabilities
  • $701,752Total deposits
  • $633,877Interest-bearing deposits
  • $701,752Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,471Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $30,338Other borrowed funds
  • $0Subordinated debt
  • $10,898All other liabilities
  • $69,242Total equity capital
  • $69,242Total bank equity capital
  • $69,242Perpetual preferred stock
  • $0Common stock
  • $999Surplus
  • $19,033Undivided profits
  • Memoranda
  • $49,210Noncurrent loans and leases
  • $149,172Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $790Earning assets
  • $0Long-term assets (5+ years)
  • $4,984Average Assets, year-to-date
  • $775,845Average Assets, quarterly
  • $306,087Volatile liabilities
  • $788,975Insider loans
  • $815,842FHLB advances
  • $88,990Loans and leases held for sale
  • $3,051Unused loan commitments
  • $30,000Tier 1 (core) risk-based capital
  • $5,000Tier 2 risk-based capital
  • $1,148Total risk weighted assets
  • $149,172Total unused commitments
  • $0Restructured Loans and leases
  • $5,556Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $46,886Total interest income
  • $20,587Total interest expense
  • $26,299Net interest income
  • $1,700Provision for loan and lease losses
  • $4,718Total noninterest income
  • $0Fiduciary activities
  • $2,577Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,141Additional noninterest income
  • $21,552Total noninterest expense
  • $6,548Salaries and employee benefits
  • $2,709Premises and equipment expense
  • $12,295Additional noninterest expense
  • $7,765Pre-tax net operating income
  • $150Securities gains (losses)
  • $1,083Applicable income taxes
  • $6,832Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,832Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $873Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.26%Yield on earning assets
  • 2.75%Cost of funding earning assets
  • 3.51%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 10.49%Return on equity (ROE)
  • 10.49%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 194.73%Credit loss provision to net charge-offs
  • 10.84%Efficiency ratio
  • 69,484Assets per employee
  • 5.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 682.78%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 77.97%Net loans and leases to core deposits
  • 87.88%Equity capital to assets
  • 8.48%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 11.96%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $788,975Average earning assets
  • $65,104Average equity
  • $749,440Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $192,953Managed Assets
  • 1Number of Accounts
  • $150,133Personal trust and agency accounts
  • $86,451Employee benefit-defined contribution accounts
  • $8,212Employee benefit-defined benefit accounts
  • $15,808Other retirement accounts
  • $16,525Corporate trust and agency accounts
  • $22,790Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $347Non-managed Assets
  • 848Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $42,820Other retirement accounts
  • $18,842Corporate trust and agency accounts
  • $11,268Other fiduciary accounts
  • $3,919Fiduciary accounts held in foreign offices

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