Charleroi Federal Savings Bank in Charleroi, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Charleroi Federal Savings Bank in Charleroi, Pennsylvania (PA)
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Charleroi Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29672
    Status: Active
    Federal Reserve ID: 100777
    Date Established: January 01, 1935
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 3866
    FDIC's unique #: 42506
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: April 22, 1936
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Mckean Avenue, Charleroi, PA 15022
    County: Washington
    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): 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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $568.7 mil
    Equity capital: $67.4 mil
    Deposits held in domestic offices: $499.0 mil
    Return on assets (ROA): 0.24% ($1.4 mil)
    Quarterly return on assets: 0.22% ($1.3 mil)
    Return on Equity (ROE): 2.08% ($1.4 mil)
    Quarterly return on equity: 1.85% ($1.2 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.29% ($1,649.1 mil)
    Quarterly Pretax return on assets: 0.13% ($739.3 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
  • 79Total employees (full-time equivalent)
  • $568,658Total assets
  • $77,490Cash and due from depository institutions
  • $74,071Interest-bearing balances
  • $212,532Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $243,357Net loans & leases
  • $1,222Loan loss allowance
  • $0Trading account assets
  • $13,085Bank premises and fixed assets
  • $861Other real estate owned
  • $0Goodwill and other intangibles
  • $568,658Life insurance assets
  • $21,333All other assets
  • $501,278Total liabilities and capital
  • $498,959Total liabilities
  • $476,346Total deposits
  • $498,959Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,319Subordinated debt
  • $67,380All other liabilities
  • $67,380Total equity capital
  • $67,380Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $0Surplus
  • $67,379Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,030Income earned, not collected on loans
  • $0Earning assets
  • $2,545Long-term assets (5+ years)
  • $529,960Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $568,059Volatile liabilities
  • $569,784Insider loans
  • $241,139FHLB advances
  • $568,224Loans and leases held for sale
  • $12,662Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $67,093Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $23,366Restructured Loans and leases
  • $1,268Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,948Total interest income
  • $9,861Total interest expense
  • $10,087Net interest income
  • $30Provision for loan and lease losses
  • $1,518Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,518Additional noninterest income
  • $9,918Total noninterest expense
  • $5,767Salaries and employee benefits
  • $1,761Premises and equipment expense
  • $2,390Additional noninterest expense
  • $1,657Pre-tax net operating income
  • $0Securities gains (losses)
  • $277Applicable income taxes
  • $1,380Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,380Net income attributable to bank
  • $0Net charge-offs
  • $1,380Cash dividends
  • $46Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.77%Yield on earning assets
  • 1.87%Cost of funding earning assets
  • 1.91%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 1.88%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.29%Pretax return on assets
  • 2.08%Return on equity (ROE)
  • 2.08%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 65.22%Credit loss provision to net charge-offs
  • 36.67%Efficiency ratio
  • 85,463Assets per employee
  • 7.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.50%Loss allowance to noncurrent loans
  • 118.64%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 48.77%Net loans and leases to core deposits
  • 55.43%Equity capital to assets
  • 11.85%Core capital (leverage) ratio
  • 11.81%Tier 1 risk-based capital ratio
  • 27.82%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $568,059Average earning assets
  • $66,366Average equity
  • $528,590Average loans

List of branches

  • 9 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042506Charleroi Federal Savings Bank101 Mckean Avenue, Charleroi, PA 15022January 01, 1935Full Service Brick and Mortar
    1276744205 S Arch St Branch205 S Arch St, Connellsville, PA 15425January 01, 1935Full Service Brick and Mortar
    100276745919 Main St Branch919 Main St, Bentleyville, PA 15314January 01, 1935Full Service Brick and Mortar
    1012767461652 Rostraver Road Branch1652 Rostraver Road, Belle Vernon, PA 15012January 01, 1935Full Service Brick and Mortar
    1022767471220 West Main St Branch1220 West Main St, Monongahela, PA 15063June 30, 1986Full Service Brick and Mortar
    103276748Seven Fields Branch101 Highpointe Drive, Seven Fields, PA 16046January 20, 1998Full Service Brick and Mortar
    104440508Hempfield Branch105 Walton Tea Room Road, Greensburg, PA 15601Febuary 14, 2000Full Service Brick and Mortar
    105440509Peters Township Branch622 East Mcmurray Road, Mc Murray, PA 15317March 11, 2002Full Service Brick and Mortar
    106491982Washington Branch730 East Beau Street, Washington, PA 15301April 28, 2008Full Service Brick and Mortar

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