Cenwest National Bank in Johnstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1995

  • Cenwest National Bank in Johnstown, Pennsylvania (PA)
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Cenwest National Bank - Overview

  • General
  • FDIC Certificate #: 7455
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Commonwealth Bank (#7468)
    Federal Reserve ID: 347518
    Date Established: January 01, 1921
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 10220
    FDIC's unique #: 4846
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    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: 217 Franklin Street, Johnstown, PA 15901
    County: Cambria
    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): Johnstown, PA (#3680)
    Core Based Statistical Area (CBSA): Johnstown, PA (#27780)
    CBSA Metro Statistical Area: Johnstown, PA (#27780)
  • Financial Summary
  • Total assets: $393.5 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)
  • $148Total assets
  • $377,795Cash and due from depository institutions
  • $10,885Interest-bearing balances
  • $1Securities
  • $136,878Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $221,195Loan loss allowance
  • $2,937Trading account assets
  • $0Bank premises and fixed assets
  • $3,960Other real estate owned
  • $354Goodwill and other intangibles
  • $4,523Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $377,795Total liabilities
  • $347,681Total deposits
  • $338,066Interest-bearing deposits
  • $304,830Deposits held in domestic offices
  • 338066.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $2,028Trading liabilities
  • $0Other borrowed funds
  • $4,707Subordinated debt
  • $0All other liabilities
  • $2,880Total equity capital
  • $2,880Total bank equity capital
  • $30,114Perpetual preferred stock
  • $0Common stock
  • $2,350Surplus
  • $4,240Undivided profits
  • Memoranda
  • $23,524Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,634Income earned, not collected on loans
  • $842Earning assets
  • $358,074Long-term assets (5+ years)
  • $127,578Average Assets, year-to-date
  • $370,549Average Assets, quarterly
  • $376,568Volatile liabilities
  • $15,945Insider loans
  • $2,885FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $30,706Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $32,693Total risk weighted assets
  • $223,620Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $25,816Total interest expense
  • $10,678Net interest income
  • $15,138Provision for loan and lease losses
  • $623Total noninterest income
  • $1,260Fiduciary activities
  • $0Service charges on deposit accounts
  • $661Trading account gains & fees
  • $0Additional noninterest income
  • $599Total noninterest expense
  • $8,543Salaries and employee benefits
  • $4,154Premises and equipment expense
  • $901Additional noninterest expense
  • $3,488Pre-tax net operating income
  • $7,232Securities gains (losses)
  • $47Applicable income taxes
  • $2,412Income before extraordinary items
  • $4,867Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,867Net charge-offs
  • $343Cash dividends
  • $2,920Sale, 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
  • 7.31%Cost of funding earning assets
  • 3.02%Net interest margin
  • 4.29%Noninterest income to earning assets
  • 0.36%Noninterest expense to earning assets
  • 2.42%Net operating income to assets
  • 1.30%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 15.97%Retained earnings to average equity (YTD only)
  • 6.39%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 181.63%Efficiency ratio
  • 52,098Assets per employee
  • 2.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.00%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 179.74%Noncurrent assets plus other real estate owned to assets
  • 0.53%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 65.43%Net loans and leases to core deposits
  • 67.88%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 8.66%Tier 1 risk-based capital ratio
  • 14.62%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $370,549Average earning assets
  • $30,481Average equity
  • $353,056Average loans

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