Compass Savings Bank in Wilmerding, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Compass Savings Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    042264Compass Savings Bank111 Westinghouse Ave, Wilmerding, PA 15148January 01, 1934Full Service Brick and Mortar

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