Central Bank in Hollidaysburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1995

  • Central Bank in Hollidaysburg, Pennsylvania (PA)
  • Show street view No street view available for this location

Central Bank - Overview

  • General
  • FDIC Certificate #: 7439
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Commonwealth Bank (#7468)
    Federal Reserve ID: 333119
    Date Established: July 24, 1912
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 10280
    FDIC's unique #: 4841
    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: November 13, 1995
    Last Structure Change Process Date: Febuary 06, 1996
    Last Data Update: Febuary 06, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: North Juniata Street At U.S. Route 220, Hollidaysburg, PA 16648
    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)
  • Financial Summary
  • Total assets: $278.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $103Total assets
  • $270,728Cash and due from depository institutions
  • $9,324Interest-bearing balances
  • $0Securities
  • $72,565Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $174,155Loan loss allowance
  • $3,188Trading account assets
  • $0Bank premises and fixed assets
  • $2,788Other real estate owned
  • $614Goodwill and other intangibles
  • $4,071Life insurance assets
  • $7,211All other assets
  • $0Total liabilities and capital
  • $270,728Total liabilities
  • $245,459Total deposits
  • $208,832Interest-bearing deposits
  • $190,440Deposits held in domestic offices
  • 208832.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $16,450Trading liabilities
  • $0Other borrowed funds
  • $17,385Subordinated debt
  • $0All other liabilities
  • $2,792Total equity capital
  • $2,792Total bank equity capital
  • $25,269Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $19,434Undivided profits
  • Memoranda
  • $4,335Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,974Income earned, not collected on loans
  • $1,027Earning assets
  • $246,720Long-term assets (5+ years)
  • $70,256Average Assets, year-to-date
  • $266,656Average Assets, quarterly
  • $270,070Volatile liabilities
  • $53,617Insider loans
  • $1,557FHLB advances
  • $0Loans and leases held for sale
  • $886Unused loan commitments
  • $30,110Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,301Total risk weighted assets
  • $178,264Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,732Total interest expense
  • $8,283Net interest income
  • $10,449Provision for loan and lease losses
  • $60Total noninterest income
  • $1,851Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,472Trading account gains & fees
  • $0Additional noninterest income
  • $379Total noninterest expense
  • $6,658Salaries and employee benefits
  • $2,304Premises and equipment expense
  • $1,034Additional noninterest expense
  • $3,320Pre-tax net operating income
  • $5,582Securities gains (losses)
  • $1Applicable income taxes
  • $2,107Income before extraordinary items
  • $3,476Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,476Net charge-offs
  • $690Cash dividends
  • $1,660Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.68%Cost of funding earning assets
  • 3.40%Net interest margin
  • 4.28%Noninterest income to earning assets
  • 0.76%Noninterest expense to earning assets
  • 2.73%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 2.09%Return on equity (ROE)
  • 13.82%Retained earnings to average equity (YTD only)
  • 7.22%Net charge-offs to loans
  • 0.41%Credit loss provision to net charge-offs
  • 8.70%Efficiency ratio
  • 47,447Assets per employee
  • 2.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.76%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 80.22%Noncurrent assets plus other real estate owned to assets
  • 1.69%Noncurrent loans to loans
  • 2.24%Net loans and leases to deposits
  • 83.39%Net loans and leases to core deposits
  • 92.12%Equity capital to assets
  • 9.33%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 10.83%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $266,656Average earning assets
  • $25,157Average equity
  • $243,941Average loans

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