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


  • Colonial American Bank in Horsham, Pennsylvania (PA)
  • Show street view No street view available for this location

Colonial American Bank - Overview

  • General
  • FDIC Certificate #: 58412
    Status: Active
    Federal Reserve ID: 3487509
    Date Established: Febuary 09, 2007
    WWW: http://www.colonialamericanbank.com
    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

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Colonial American Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents