Commercial Bank and Trust of PA in Latrobe, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Commercial Bank and Trust of PA in Latrobe, Pennsylvania (PA)
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Commercial Bank and Trust of PA - Overview

  • General
  • FDIC Certificate #: 14333
    Status: Active
    Federal Reserve ID: 945026
    Bank Holding Company (Regulatory Top Holder): Commercial National Financial Corporation (RSSDID: 1823738, Location: Latrobe, PA)
    Date Established: May 04, 1934
    WWW: http://www.cbthebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Domestic: 10, Interstate: No)
    OTS Docket #: 12113
    FDIC's unique #: 8954
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 04, 1934
    Last Structure Change Effective Date: May 21, 2009
    Last Structure Change Process Date: May 26, 2009
    Last Data Update: May 26, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 Ligonier Street, Latrobe, PA 15650
    County: Westmoreland
    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)
  • Financial Summary
  • Total assets: $401.0 mil
    Equity capital: $52.4 mil
    Deposits held in domestic offices: $303.8 mil
    Return on assets (ROA): 1.79% ($7.2 mil)
    Quarterly return on assets: 2.02% ($8.1 mil)
    Return on Equity (ROE): 13.89% ($7.2 mil)
    Quarterly return on equity: 15.52% ($8.1 mil)
    Net income: $6.8 mil
    Quarterly Net income: $2.0 mil
    Pretax return on assets: 2.14% ($8,582.0 mil)
    Quarterly Pretax return on assets: 2.44% ($9,785.1 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
  • 103Total employees (full-time equivalent)
  • $401,027Total assets
  • $6,460Cash and due from depository institutions
  • $185Interest-bearing balances
  • $189,898Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $177,713Net loans & leases
  • $1,673Loan loss allowance
  • $0Trading account assets
  • $3,047Bank premises and fixed assets
  • $646Other real estate owned
  • $49Goodwill and other intangibles
  • $401,027Life insurance assets
  • $23,214All other assets
  • $348,605Total liabilities and capital
  • $303,849Total liabilities
  • $214,126Total deposits
  • $303,849Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 1350.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $38,100Trading liabilities
  • $0Other borrowed funds
  • $5,306Subordinated debt
  • $52,422All other liabilities
  • $52,422Total equity capital
  • $52,422Total bank equity capital
  • $0Perpetual preferred stock
  • $1,200Common stock
  • $3,391Surplus
  • $47,831Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $103Income earned, not collected on loans
  • $0Earning assets
  • $2,545Long-term assets (5+ years)
  • $367,796Average Assets, year-to-date
  • $279,829Average Assets, quarterly
  • $378,494Volatile liabilities
  • $399,491Insider loans
  • $218,826FHLB advances
  • $388,270Loans and leases held for sale
  • $16,021Unused loan commitments
  • $15,138Tier 1 (core) risk-based capital
  • $45,655Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $883Total unused commitments
  • $28,620Restructured Loans and leases
  • $501Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,425Total interest income
  • $2,031Total interest expense
  • $16,394Net interest income
  • $0Provision for loan and lease losses
  • $2,860Total noninterest income
  • $1,069Fiduciary activities
  • $391Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,400Additional noninterest income
  • $11,174Total noninterest expense
  • $6,132Salaries and employee benefits
  • $1,181Premises and equipment expense
  • $3,861Additional noninterest expense
  • $8,080Pre-tax net operating income
  • $9Securities gains (losses)
  • $1,298Applicable income taxes
  • $6,791Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,791Net income attributable to bank
  • $0Net charge-offs
  • $6,791Cash dividends
  • $13Sale, conversion, retirement of capital stock, net
  • $2,873Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.34%Yield on earning assets
  • 0.59%Cost of funding earning assets
  • 4.75%Net interest margin
  • 0.83%Noninterest income to earning assets
  • 3.24%Noninterest expense to earning assets
  • 1.79%Net operating income to assets
  • 1.79%Return on assets (ROA)
  • 2.14%Pretax return on assets
  • 13.89%Return on equity (ROE)
  • 8.01%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 621.54%Efficiency ratio
  • 57,526Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.31%Loss allowance to loans
  • 0.93%Loss allowance to noncurrent loans
  • 1624.27%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 58.49%Net loans and leases to core deposits
  • 63.83%Equity capital to assets
  • 13.07%Core capital (leverage) ratio
  • 11.76%Tier 1 risk-based capital ratio
  • 20.86%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $378,494Average earning assets
  • $48,905Average equity
  • $345,274Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $105,129Managed Assets
  • 1Number of Accounts
  • $104,542Personal trust and agency accounts
  • $46,898Employee benefit-defined contribution accounts
  • $1,789Employee benefit-defined benefit accounts
  • $3,353Other retirement accounts
  • $10,334Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $40,479Other fiduciary accounts
  • $1,689Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 383Number of Accounts
  • $0Personal trust and agency accounts
  • $10,334Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $587Other retirement accounts
  • $352Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $21Fiduciary accounts held in foreign offices

List of branches

  • 10 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08954Commercial Bank And Trust Of Pa900 Ligonier Street, Latrobe, PA 15650May 04, 1934Full Service Brick and Mortar
    1231326Ligonier Branch201 West Main, Ligonier, PA 15658June 24, 1963Full Service Brick and Mortar
    2231327Pleasant Unity BranchRoutes 130 And 981, Pleasant Unity, PA 15676Febuary 01, 1965Full Service Brick and Mortar
    3231328West Newton Branch109 E Main Street, West Newton, PA 15089January 02, 1968Full Service Brick and Mortar
    4231329Lincoln Road Branch1920 Lincoln Ave, Latrobe, PA 15650September 01, 1970Full Service Brick and Mortar
    5231330Lawson Heights Branch11 Terry Way, Latrobe, PA 15650July 16, 1987Full Service Brick and Mortar
    6231331Eastgate Branch867 Georges Station Road, Greensburg, PA 15601April 30, 1990Full Service Brick and Mortar
    7231332Courthouse Square Branch19 North Main Street, Greensburg, PA 15601October 12, 1993Full Service Brick and Mortar
    9262761Norwin Hills Branch8775 Norwin Avenue, North Huntington, PA 15642March 01, 1992Full Service Brick and Mortar
    11501289West Point Plaza106 West Point Drive, Greensburg, PA 15601November 16, 2009Full Service Brick and Mortar

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