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

This bank is inactive as of June 30, 1997

Bucktail Bank and Trust Company in Emporium, Pennsylvania (PA)
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Bucktail Bank and Trust Company - Overview

General
FDIC Certificate #: 9902
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SunBank (#441)
Federal Reserve ID: 84112
Date Established: May 01, 1928
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 7 (Interstate: No)
OTS Docket #: 10379
FDIC's unique #: 6333
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 30, 1997
Last Structure Change Process Date: July 15, 1997
Last Data Update: July 21, 1997
Data Source Date: April 05, 2012
Location
Address: 2 East 4th Street, Emporium, PA 15834
County: Cameron
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
Financial Summary
Total assets: $120.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$62Total assets
$118,445Cash and due from depository institutions
$4,863Interest-bearing balances
$29Securities
$20,094Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$90,929Loan loss allowance
$1,262Trading account assets
$0Bank premises and fixed assets
$1,241Other real estate owned
$66Goodwill and other intangibles
$1,252Life insurance assets
$0All other assets
$0Total liabilities and capital
$118,445Total liabilities
$109,450Total deposits
$106,181Interest-bearing deposits
$92,484Deposits held in domestic offices
106181.00%% insured (estimated)
$93Federal funds purchased & repurchase agreements
$2,183Trading liabilities
$0Other borrowed funds
$89Subordinated debt
$0All other liabilities
$997Total equity capital
$997Total bank equity capital
$8,995Perpetual preferred stock
$0Common stock
$1,339Surplus
$4,432Undivided profits
Memoranda
$3,224Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$850Income earned, not collected on loans
$452Earning assets
$111,052Long-term assets (5+ years)
$35,674Average Assets, year-to-date
$118,830Average Assets, quarterly
$120,051Volatile liabilities
$11,195Insider loans
$379FHLB advances
$0Loans and leases held for sale
$6,478Unused loan commitments
$5,866Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,978Total risk weighted assets
$82,550Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$8,808Total interest expense
$3,969Net interest income
$4,839Provision for loan and lease losses
$290Total noninterest income
$868Fiduciary activities
$136Service charges on deposit accounts
$348Trading account gains & fees
$0Additional noninterest income
$384Total noninterest expense
$4,142Salaries and employee benefits
$1,713Premises and equipment expense
$606Additional noninterest expense
$1,823Pre-tax net operating income
$1,275Securities gains (losses)
$9Applicable income taxes
$369Income before extraordinary items
$915Extraordinary gains - net
$0Net income attributable to bank
$915Net charge-offs
$344Cash dividends
$400Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.94%Cost of funding earning assets
3.58%Net interest margin
4.36%Noninterest income to earning assets
0.78%Noninterest expense to earning assets
3.73%Net operating income to assets
0.76%Return on assets (ROA)
0.77%Pretax return on assets
1.08%Return on equity (ROE)
10.45%Retained earnings to average equity (YTD only)
5.88%Net charge-offs to loans
0.41%Credit loss provision to net charge-offs
84.30%Efficiency ratio
72,542Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
43.72%Loss allowance to loans
1.37%Loss allowance to noncurrent loans
148.47%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
0.92%Net loans and leases to deposits
85.64%Net loans and leases to core deposits
93.58%Equity capital to assets
7.59%Core capital (leverage) ratio
7.53%Tier 1 risk-based capital ratio
10.88%Total risk-based capital ratio
Memoranda
$12Average assets
$118,830Average earning assets
$8,754Average equity
$110,978Average loans

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