Clarion County Community Bank in Clarion, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Clarion County Community Bank - Overview

  • General
  • FDIC Certificate #: 57624
    Status: Active
    Federal Reserve ID: 3185579
    Date Established: January 07, 2004
    WWW: http://www.clarionbank.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)
    FDIC's unique #: 418695
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: January 07, 2004
    Last Structure Change Effective Date: August 30, 2010
    Last Structure Change Process Date: August 30, 2010
    Last Data Update: August 30, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 Main Street, Clarion, PA 16214
    County: Clarion
    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
  • Financial Summary
  • Total assets: $120.3 mil
    Equity capital: $11.8 mil
    Deposits held in domestic offices: $107.9 mil
    Return on assets (ROA): 0.91% ($1.1 mil)
    Quarterly return on assets: 0.96% ($1.2 mil)
    Return on Equity (ROE): 9.73% ($1.2 mil)
    Quarterly return on equity: 9.88% ($1.2 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.29% ($1,552.1 mil)
    Quarterly Pretax return on assets: 1.31% ($1,576.2 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
  • 29Total employees (full-time equivalent)
  • $120,318Total assets
  • $7,029Cash and due from depository institutions
  • $6,128Interest-bearing balances
  • $19,314Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $89,326Net loans & leases
  • $1,168Loan loss allowance
  • $0Trading account assets
  • $1,624Bank premises and fixed assets
  • $317Other real estate owned
  • $0Goodwill and other intangibles
  • $120,318Life insurance assets
  • $2,708All other assets
  • $108,471Total liabilities and capital
  • $107,948Total liabilities
  • $95,771Total deposits
  • $107,948Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $523Subordinated debt
  • $11,847All other liabilities
  • $11,847Total equity capital
  • $11,847Total bank equity capital
  • $0Perpetual preferred stock
  • $1,661Common stock
  • $10,621Surplus
  • $-435Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,182Income earned, not collected on loans
  • $0Earning assets
  • $386Long-term assets (5+ years)
  • $114,768Average Assets, year-to-date
  • $65,000Average Assets, quarterly
  • $119,127Volatile liabilities
  • $120,902Insider loans
  • $78,727FHLB advances
  • $122,809Loans and leases held for sale
  • $1,341Unused loan commitments
  • $542Tier 1 (core) risk-based capital
  • $11,599Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $799Total unused commitments
  • $8,833Restructured Loans and leases
  • $2,136Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,957Total interest income
  • $1,380Total interest expense
  • $4,577Net interest income
  • $366Provision for loan and lease losses
  • $325Total noninterest income
  • $0Fiduciary activities
  • $146Service charges on deposit accounts
  • $0Trading account gains & fees
  • $179Additional noninterest income
  • $3,019Total noninterest expense
  • $1,409Salaries and employee benefits
  • $291Premises and equipment expense
  • $1,319Additional noninterest expense
  • $1,517Pre-tax net operating income
  • $15Securities gains (losses)
  • $449Applicable income taxes
  • $1,083Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,083Net income attributable to bank
  • $0Net charge-offs
  • $1,083Cash dividends
  • $353Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 4.03%Net interest margin
  • 0.29%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 0.90%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 9.73%Return on equity (ROE)
  • 9.73%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 103.68%Credit loss provision to net charge-offs
  • 5.33%Efficiency ratio
  • 61,587Assets per employee
  • 4.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 98.82%Noncurrent assets plus other real estate owned to assets
  • 1.25%Noncurrent loans to loans
  • 1.31%Net loans and leases to deposits
  • 82.75%Net loans and leases to core deposits
  • 88.71%Equity capital to assets
  • 9.85%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 14.73%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $119,127Average earning assets
  • $11,134Average equity
  • $113,446Average loans

List of branches

  • 3 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0418695Clarion County Community Bank333 Main Street, Clarion, PA 16214January 07, 2004Full Service Brick and Mortar
    1441800New Bethlehem Branch308 Broad Street, New Bethlehem, PA 16242January 07, 2004Full Service Brick and Mortar
    2492690Rimersburg Branch592 Main Street, Rimersburg, PA 16248October 29, 2008Full Service Brick and Mortar

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