Community National Bank of Norwestern Pennsylvania in Albion, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community National Bank of Norwestern Pennsylvania - Overview

  • General
  • FDIC Certificate #: 10032
    Status: Active
    Federal Reserve ID: 107226
    Date Established: December 11, 1933
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 6412
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 53 East State Street, Albion, PA 16401
    County: Erie
    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): Erie, PA (#2360)
    Core Based Statistical Area (CBSA): Erie, PA (#21500)
    CBSA Metro Statistical Area: Erie, PA (#21500)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $78.0 mil
    Equity capital: $15.2 mil
    Deposits held in domestic offices: $62.6 mil
    Return on assets (ROA): 0.95% ($0.7 mil)
    Quarterly return on assets: 0.90% ($0.7 mil)
    Return on Equity (ROE): 4.93% ($0.7 mil)
    Quarterly return on equity: 4.60% ($0.7 mil)
    Net income: $0.8 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.43% ($1,114.8 mil)
    Quarterly Pretax return on assets: 1.35% ($1,052.4 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
  • 17Total employees (full-time equivalent)
  • $77,955Total assets
  • $19,470Cash and due from depository institutions
  • $18,385Interest-bearing balances
  • $18,988Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $37,234Net loans & leases
  • $427Loan loss allowance
  • $0Trading account assets
  • $1,441Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $77,955Life insurance assets
  • $822All other assets
  • $62,721Total liabilities and capital
  • $62,565Total liabilities
  • $49,821Total deposits
  • $62,565Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $156Subordinated debt
  • $15,234All other liabilities
  • $15,234Total equity capital
  • $15,234Total bank equity capital
  • $0Perpetual preferred stock
  • $720Common stock
  • $770Surplus
  • $13,744Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $108Income earned, not collected on loans
  • $0Earning assets
  • $234Long-term assets (5+ years)
  • $74,607Average Assets, year-to-date
  • $34,514Average Assets, quarterly
  • $78,585Volatile liabilities
  • $78,263Insider loans
  • $28,504FHLB advances
  • $79,705Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,234Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,432Restructured Loans and leases
  • $616Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,965Total interest income
  • $560Total interest expense
  • $2,405Net interest income
  • $0Provision for loan and lease losses
  • $450Total noninterest income
  • $0Fiduciary activities
  • $165Service charges on deposit accounts
  • $0Trading account gains & fees
  • $285Additional noninterest income
  • $1,728Total noninterest expense
  • $747Salaries and employee benefits
  • $329Premises and equipment expense
  • $652Additional noninterest expense
  • $1,127Pre-tax net operating income
  • $0Securities gains (losses)
  • $377Applicable income taxes
  • $750Income before extraordinary items
  • $0Extraordinary gains - net
  • $750Net income attributable to bank
  • $0Net charge-offs
  • $750Cash dividends
  • -$1Sale, conversion, retirement of capital stock, net
  • $621Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.96%Yield on earning assets
  • 0.75%Cost of funding earning assets
  • 3.21%Net interest margin
  • 0.60%Noninterest income to earning assets
  • 2.31%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.43%Pretax return on assets
  • 4.93%Return on equity (ROE)
  • 0.85%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 60,525Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 82.80%Loss allowance to loans
  • 1.13%Loss allowance to noncurrent loans
  • 395.37%Noncurrent assets plus other real estate owned to assets
  • 0.14%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 59.51%Net loans and leases to core deposits
  • 67.40%Equity capital to assets
  • 19.54%Core capital (leverage) ratio
  • 19.11%Tier 1 risk-based capital ratio
  • 53.45%Total risk-based capital ratio
  • Memoranda
  • $55Average assets
  • $78,585Average earning assets
  • $15,228Average equity
  • $74,901Average loans

List of branches

  • 5 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06412Community National Bank Of Norwester53 East State Street, Albion, PA 16401December 11, 1933Full Service Brick and Mortar
    1221712West Springfield BranchRoute 20, West Springfield, PA 16443May 14, 1973Full Service Brick and Mortar
    2221713Cranesville BranchNorth Meadville Street, Cranesville, PA 16410June 16, 1980Full Service Brick and Mortar
    3217104Edinboro Branch212 Plum Street, Edinboro, PA 16412August 03, 1970Full Service Brick and Mortar
    4356934Millcreek Branch2420 Zimmerly Road, Erie, PA 16506June 05, 2000Full Service Brick and Mortar

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