Commonwealth State Bank in Newtown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 09, 1997

  • Commonwealth State Bank in Newtown, Pennsylvania (PA)
  • Show street view No street view available for this location

Commonwealth State Bank - Overview

  • General
  • FDIC Certificate #: 26930
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Main Line Bank (#29628)
    Federal Reserve ID: 944412
    Date Established: April 08, 1987
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    OTS Docket #: 10245
    FDIC's unique #: 36322
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 08, 1987
    Last Structure Change Effective Date: September 09, 1997
    Last Structure Change Process Date: October 07, 1997
    Last Data Update: October 07, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Friends Land And Route 332, Newtown, PA 18940
    County: Bucks
    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: $137.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $30Total assets
  • $137,652Cash and due from depository institutions
  • $4,315Interest-bearing balances
  • $231Securities
  • $53,856Federal funds sold & reverse repurchase agreements
  • $913Net loans & leases
  • $76,273Loan loss allowance
  • $1,205Trading account assets
  • $0Bank premises and fixed assets
  • $1,201Other real estate owned
  • $0Goodwill and other intangibles
  • $1,094Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $137,652Total liabilities
  • $128,460Total deposits
  • $95,802Interest-bearing deposits
  • $84,960Deposits held in domestic offices
  • 95802.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $3,187Trading liabilities
  • $0Other borrowed funds
  • $26,401Subordinated debt
  • $0All other liabilities
  • $3,070Total equity capital
  • $3,070Total bank equity capital
  • $9,192Perpetual preferred stock
  • $0Common stock
  • $1,859Surplus
  • $1,859Undivided profits
  • Memoranda
  • $5,474Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $470Income earned, not collected on loans
  • $398Earning assets
  • $131,273Long-term assets (5+ years)
  • $43,512Average Assets, year-to-date
  • $135,323Average Assets, quarterly
  • $138,524Volatile liabilities
  • $19,529Insider loans
  • $1,786FHLB advances
  • $0Loans and leases held for sale
  • $239Unused loan commitments
  • $8,261Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,079Total risk weighted assets
  • $82,709Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,360Total interest expense
  • $6,191Net interest income
  • $4,169Provision for loan and lease losses
  • $340Total noninterest income
  • $207Fiduciary activities
  • $0Service charges on deposit accounts
  • $67Trading account gains & fees
  • $0Additional noninterest income
  • $140Total noninterest expense
  • $2,956Salaries and employee benefits
  • $1,428Premises and equipment expense
  • $338Additional noninterest expense
  • $1,190Pre-tax net operating income
  • $1,080Securities gains (losses)
  • $29Applicable income taxes
  • $367Income before extraordinary items
  • $742Extraordinary gains - net
  • $0Net income attributable to bank
  • $742Net charge-offs
  • -$4Cash dividends
  • $150Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.02%Cost of funding earning assets
  • 4.79%Net interest margin
  • 3.23%Noninterest income to earning assets
  • 0.16%Noninterest expense to earning assets
  • 2.29%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.55%Pretax return on assets
  • 0.82%Return on equity (ROE)
  • 8.42%Retained earnings to average equity (YTD only)
  • 6.72%Net charge-offs to loans
  • -0.01%Credit loss provision to net charge-offs
  • -8500.00%Efficiency ratio
  • 67,550Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.22%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 256.38%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 79.62%Net loans and leases to core deposits
  • 92.05%Equity capital to assets
  • 6.68%Core capital (leverage) ratio
  • 6.58%Tier 1 risk-based capital ratio
  • 10.98%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $135,323Average earning assets
  • $8,813Average equity
  • $129,209Average loans

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