Centra Bank-Smithfield in Smithfield, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 29, 2007

  • Centra Bank-Smithfield in Smithfield, Pennsylvania (PA)
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Centra Bank-Smithfield - Overview

  • General
  • FDIC Certificate #: 17766
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Centra Bank, Inc. (#35364)
    Federal Reserve ID: 212120
    Date Established: January 01, 1925
    WWW: http://www.smithfieldstatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 11720
    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: June 04, 1957
    Last Structure Change Effective Date: January 29, 2007
    Last Structure Change Process Date: Febuary 16, 2007
    Last Data Update: Febuary 16, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 69 Main Street, Smithfield, PA 15478
    County: Fayette
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Pittsburgh, PA (#6280)
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • Financial Summary
  • Total assets: $249.1 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
  • 50Total employees (full-time equivalent)
  • $249,092Total assets
  • $5,381Cash and due from depository institutions
  • $108Interest-bearing balances
  • $78,501Securities
  • $37,908Federal funds sold & reverse repurchase agreements
  • $107,857Net loans & leases
  • $2,756Loan loss allowance
  • $0Trading account assets
  • $1,408Bank premises and fixed assets
  • $10Other real estate owned
  • $16,271Goodwill and other intangibles
  • $0Life insurance assets
  • $1,756All other assets
  • $249,092Total liabilities and capital
  • $219,792Total liabilities
  • $217,554Total deposits
  • $189,370Interest-bearing deposits
  • $217,554Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,238All other liabilities
  • $29,300Total equity capital
  • $29,300Total bank equity capital
  • $29,300Perpetual preferred stock
  • $0Common stock
  • $180Surplus
  • $27,819Undivided profits
  • Memoranda
  • $1,301Noncurrent loans and leases
  • $6,315Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $296Earning assets
  • $0Long-term assets (5+ years)
  • $1,517Average Assets, year-to-date
  • $224,374Average Assets, quarterly
  • $83,324Volatile liabilities
  • $236,812Insider loans
  • $241,849FHLB advances
  • $40,410Loans and leases held for sale
  • $210Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,315Total unused commitments
  • $0Restructured Loans and leases
  • $1,669Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $6,899Total interest income
  • $2,711Total interest expense
  • $4,188Net interest income
  • $5Provision for loan and lease losses
  • $419Total noninterest income
  • $0Fiduciary activities
  • $233Service charges on deposit accounts
  • $0Trading account gains & fees
  • $186Additional noninterest income
  • $3,046Total noninterest expense
  • $1,327Salaries and employee benefits
  • $290Premises and equipment expense
  • $1,429Additional noninterest expense
  • $1,556Pre-tax net operating income
  • $0Securities gains (losses)
  • $633Applicable income taxes
  • $923Income before extraordinary items
  • $0Extraordinary gains - net
  • $923Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$80Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.13%Yield on earning assets
  • 1.23%Cost of funding earning assets
  • 1.90%Net interest margin
  • 0.19%Noninterest income to earning assets
  • 1.38%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 4.40%Return on equity (ROE)
  • 4.40%Retained earnings to average equity (YTD only)
  • -0.11%Net charge-offs to loans
  • -6.25%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 66,117Assets per employee
  • 4.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.49%Loss allowance to noncurrent loans
  • 931.08%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 49.58%Net loans and leases to core deposits
  • 60.89%Equity capital to assets
  • 11.76%Core capital (leverage) ratio
  • 5.67%Tier 1 risk-based capital ratio
  • 9.55%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $236,812Average earning assets
  • $20,969Average equity
  • $220,247Average loans

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