FDIC Certificate #: 29430 Status: Active Federal Reserve ID: 373272 Date Established: January 01, 1934 WWW:http://www.compassbank.us Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 3439 FDIC's unique #: 42264 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: Mortgage Lending Specialization Date of Deposit Insurance: May 06, 1935 Last Structure Change Effective Date: July 01, 2006 Last Structure Change Process Date: September 20, 2006 Last Data Update: September 20, 2006 Data Source Date: April 05, 2012
Location
Address: 111 Westinghouse Ave, Wilmerding, PA 15148 County: Allegheny 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)
History of Changes
Change in Location
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $40.5 mil Equity capital: $3.9 mil Deposits held in domestic offices: $36.5 mil Return on assets (ROA): 0.05% ($0.0 mil) Quarterly return on assets: 0.16% ($0.1 mil) Return on Equity (ROE): 0.57% ($0.0 mil) Quarterly return on equity: 1.76% ($0.1 mil) Net income: $0.0 mil Quarterly Net income: $0.0 mil Pretax return on assets: 0.07% ($28.3 mil) Quarterly Pretax return on assets: 0.10% ($40.5 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$40,467Total assets
$562Cash and due from depository institutions
$446Interest-bearing balances
$15,900Securities
$0Federal funds sold & reverse repurchase agreements
$22,702Net loans & leases
$168Loan loss allowance
$0Trading account assets
$84Bank premises and fixed assets
$226Other real estate owned
$0Goodwill and other intangibles
$40,467Life insurance assets
$993All other assets
$36,605Total liabilities and capital
$36,548Total liabilities
$34,341Total deposits
$36,548Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$57Subordinated debt
$3,862All other liabilities
$3,862Total equity capital
$3,862Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$3,862Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$190Income earned, not collected on loans
$0Earning assets
$153Long-term assets (5+ years)
$39,048Average Assets, year-to-date
$26,800Average Assets, quarterly
$42,436Volatile liabilities
$41,398Insider loans
$16,557FHLB advances
$41,321Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,862Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$179Restructured Loans and leases
$177Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,893Total interest income
$997Total interest expense
$896Net interest income
$75Provision for loan and lease losses
$3Total noninterest income
$0Fiduciary activities
$28Service charges on deposit accounts
$0Trading account gains & fees
-$25Additional noninterest income
$796Total noninterest expense
$304Salaries and employee benefits
$92Premises and equipment expense
$400Additional noninterest expense
$28Pre-tax net operating income
$0Securities gains (losses)
$6Applicable income taxes
$22Income before extraordinary items
$0Extraordinary gains - net
$22Net income attributable to bank
$0Net charge-offs
$22Cash dividends
$63Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.64%Yield on earning assets
2.45%Cost of funding earning assets
2.20%Net interest margin
0.01%Noninterest income to earning assets
1.95%Noninterest expense to earning assets
0.05%Net operating income to assets
0.05%Return on assets (ROA)
0.07%Pretax return on assets
0.57%Return on equity (ROE)
0.57%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
119.05%Credit loss provision to net charge-offs
1.63%Efficiency ratio
88,543Assets per employee
6.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.73%Loss allowance to noncurrent loans
88.42%Noncurrent assets plus other real estate owned to assets
1.03%Noncurrent loans to loans
0.83%Net loans and leases to deposits
62.12%Net loans and leases to core deposits
63.50%Equity capital to assets
9.54%Core capital (leverage) ratio
9.35%Tier 1 risk-based capital ratio
23.33%Total risk-based capital ratio
Memoranda
$24Average assets
$42,436Average earning assets
$3,842Average equity
$40,772Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
42264
Compass Savings Bank
111 Westinghouse Ave, Wilmerding, PA 15148
January 01, 1934
Full Service Brick and Mortar
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