Centric Bank in Harrisburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Centric Bank in Harrisburg, Pennsylvania (PA)
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Centric Bank - Overview

  • General
  • FDIC Certificate #: 7461
    Status: Active
    Federal Reserve ID: 411512
    Bank Holding Company (Regulatory Top Holder): Centric Financial Corporation (RSSDID: 1144086, Location: Harrisburg, PA)
    Date Established: November 01, 1919
    WWW: http://www.centricbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 13498
    FDIC's unique #: 4848
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: January 01, 1934
    Last Structure Change Effective Date: March 03, 2009
    Last Structure Change Process Date: March 16, 2009
    Last Data Update: March 16, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 4320 Linglestown Rd, Harrisburg, PA 17112
    County: Dauphin
    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): Harrisburg-Lebanon-Carlisle, PA (#3240)
    Combined Statistical Area (CSA): Harrisburg-Carlisle-Lebanon, PA (#276)
    Core Based Statistical Area (CBSA): Harrisburg-Carlisle, PA (#25420)
    CBSA Metro Statistical Area: Harrisburg-Carlisle, PA (#25420)
  • History of Changes
  • Name Change
    Change in Primary Regulatory Agency
    Change in Supervisory Agency
  • Financial Summary
  • Total assets: $253.1 mil
    Equity capital: $21.8 mil
    Deposits held in domestic offices: $223.8 mil
    Return on assets (ROA): 0.71% ($1.8 mil)
    Quarterly return on assets: 0.65% ($1.6 mil)
    Return on Equity (ROE): 7.91% ($1.7 mil)
    Quarterly return on equity: 7.31% ($1.6 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.51% ($1,290.8 mil)
    Quarterly Pretax return on assets: 0.77% ($1,948.8 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
  • 39Total employees (full-time equivalent)
  • $253,093Total assets
  • $11,217Cash and due from depository institutions
  • $10,941Interest-bearing balances
  • $25,954Securities
  • $25,912Federal funds sold & reverse repurchase agreements
  • $177,855Net loans & leases
  • $2,482Loan loss allowance
  • $0Trading account assets
  • $6,182Bank premises and fixed assets
  • $720Other real estate owned
  • $590Goodwill and other intangibles
  • $253,093Life insurance assets
  • $4,663All other assets
  • $231,340Total liabilities and capital
  • $223,796Total liabilities
  • $207,757Total deposits
  • $223,796Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,942Trading liabilities
  • $0Other borrowed funds
  • $602Subordinated debt
  • $21,753All other liabilities
  • $21,753Total equity capital
  • $21,753Total bank equity capital
  • $0Perpetual preferred stock
  • $500Common stock
  • $22,231Surplus
  • $-978Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $395Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,184Income earned, not collected on loans
  • $0Earning assets
  • $570Long-term assets (5+ years)
  • $240,662Average Assets, year-to-date
  • $82,162Average Assets, quarterly
  • $221,256Volatile liabilities
  • $241,187Insider loans
  • $180,662FHLB advances
  • $241,262Loans and leases held for sale
  • $1,337Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $21,216Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,337Total unused commitments
  • $39,316Restructured Loans and leases
  • $15,050Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,265Total interest income
  • $2,972Total interest expense
  • $7,293Net interest income
  • $1,098Provision for loan and lease losses
  • $501Total noninterest income
  • $0Fiduciary activities
  • $88Service charges on deposit accounts
  • $0Trading account gains & fees
  • $413Additional noninterest income
  • $5,507Total noninterest expense
  • $2,589Salaries and employee benefits
  • $818Premises and equipment expense
  • $2,100Additional noninterest expense
  • $1,189Pre-tax net operating income
  • -$61Securities gains (losses)
  • -$446Applicable income taxes
  • $1,574Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,574Net income attributable to bank
  • $0Net charge-offs
  • $1,574Cash dividends
  • $428Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.87%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.74%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 7.91%Return on equity (ROE)
  • 7.91%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 256.54%Credit loss provision to net charge-offs
  • 5.34%Efficiency ratio
  • 70,503Assets per employee
  • 6.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 113.64%Noncurrent assets plus other real estate owned to assets
  • 1.15%Noncurrent loans to loans
  • 1.21%Net loans and leases to deposits
  • 79.47%Net loans and leases to core deposits
  • 84.45%Equity capital to assets
  • 8.59%Core capital (leverage) ratio
  • 8.79%Tier 1 risk-based capital ratio
  • 11.74%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $221,256Average earning assets
  • $19,893Average equity
  • $210,618Average loans

List of branches

  • 3 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04848Centric Bank4320 Linglestown Rd, Harrisburg, PA 17112November 01, 1919Full Service Brick and Mortar
    7362048Silver Spring Branch6480 Carlisle Pike, Mechanicsburg, PA 17050June 25, 2001Full Service Brick and Mortar
    8518562Camp Hill Branch1625 Market Street, Camp Hill, PA 17011March 08, 2011Full Service Brick and Mortar

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