Colonial American Bank in Horsham, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Colonial American Bank in Horsham, Pennsylvania (PA)
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Colonial American Bank - Overview

  • General
  • FDIC Certificate #: 58412
    Status: Active
    Federal Reserve ID: 3487509
    Date Established: Febuary 09, 2007
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 451135
    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: Febuary 09, 2007
    Last Structure Change Effective Date: Febuary 27, 2012
    Last Structure Change Process Date: Febuary 27, 2012
    Last Data Update: Febuary 27, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Welsh Rd. Bldg #4, Suite #100, Horsham, PA 19044
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $44.0 mil
    Equity capital: $14.0 mil
    Deposits held in domestic offices: $29.4 mil
    Return on assets (ROA): -11.93% (-$5.2 mil)
    Quarterly return on assets: -14.94% (-$6.6 mil)
    Return on Equity (ROE): -38.36% (-$5.4 mil)
    Quarterly return on equity: -40.92% (-$5.7 mil)
    Net income: -$3.8 mil
    Quarterly Net income: -$1.5 mil
    Pretax return on assets: -11.93% (-$5,254.9 mil)
    Quarterly Pretax return on assets: -14.94% (-$6,580.8 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
  • 17Total employees (full-time equivalent)
  • $44,048Total assets
  • $5,060Cash and due from depository institutions
  • $4,700Interest-bearing balances
  • $5,267Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $32,042Net loans & leases
  • $466Loan loss allowance
  • $0Trading account assets
  • $563Bank premises and fixed assets
  • $189Other real estate owned
  • $0Goodwill and other intangibles
  • $44,048Life insurance assets
  • $927All other assets
  • $30,008Total liabilities and capital
  • $29,402Total liabilities
  • $28,097Total deposits
  • $29,402Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $606Subordinated debt
  • $14,040All other liabilities
  • $14,040Total equity capital
  • $14,040Total bank equity capital
  • $0Perpetual preferred stock
  • $1,805Common stock
  • $22,989Surplus
  • $-10,754Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,152Income earned, not collected on loans
  • $0Earning assets
  • $131Long-term assets (5+ years)
  • $42,009Average Assets, year-to-date
  • $18,860Average Assets, quarterly
  • $32,164Volatile liabilities
  • $41,363Insider loans
  • $33,077FHLB advances
  • $41,467Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,897Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,146Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,274Total interest income
  • $320Total interest expense
  • $954Net interest income
  • $740Provision for loan and lease losses
  • $25Total noninterest income
  • $0Fiduciary activities
  • $5Service charges on deposit accounts
  • $0Trading account gains & fees
  • $20Additional noninterest income
  • $4,077Total noninterest expense
  • $1,810Salaries and employee benefits
  • $284Premises and equipment expense
  • $1,983Additional noninterest expense
  • -$3,838Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$3,838Income before extraordinary items
  • $0Extraordinary gains - net
  • -$3,838Net income attributable to bank
  • $0Net charge-offs
  • -$3,838Cash dividends
  • $499Sale, conversion, retirement of capital stock, net
  • $14Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.16%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 3.11%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 13.31%Noninterest expense to earning assets
  • -11.93%Net operating income to assets
  • -11.93%Return on assets (ROA)
  • -11.93%Pretax return on assets
  • -38.36%Return on equity (ROE)
  • -38.50%Retained earnings to average equity (YTD only)
  • 2.46%Net charge-offs to loans
  • 148.30%Credit loss provision to net charge-offs
  • -6.21%Efficiency ratio
  • 416,445Assets per employee
  • 2.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.36%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 40.45%Noncurrent assets plus other real estate owned to assets
  • 3.04%Noncurrent loans to loans
  • 3.54%Net loans and leases to deposits
  • 108.98%Net loans and leases to core deposits
  • 114.52%Equity capital to assets
  • 31.87%Core capital (leverage) ratio
  • 33.51%Tier 1 risk-based capital ratio
  • 42.01%Total risk-based capital ratio
  • Memoranda
  • $43Average assets
  • $32,164Average earning assets
  • $10,006Average equity
  • $30,634Average loans

List of branches

  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451135Colonial American Bank300 Welsh Rd. Bldg #4, Suite #100, Horsham, PA 19044Febuary 09, 2007Full Service Brick and Mortar

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