Conestoga Bank in Chester Springs, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 12, 2007

  • Conestoga Bank in Chester Springs, Pennsylvania (PA)
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Conestoga Bank - Overview

  • General
  • FDIC Certificate #: 58332
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Conestoga Bank (#27013)
    Federal Reserve ID: 3449413
    Date Established: July 28, 2006
    WWW: http://www.conestogabank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 446230
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 28, 2006
    Last Structure Change Effective Date: May 12, 2007
    Last Structure Change Process Date: May 31, 2007
    Last Data Update: May 31, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 165 Pottstown Pike, Chester Springs, PA 19425
    County: Chester
    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: $115.4 mil

Assets and Liabilities (December 31, 2006)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $34,999Total assets
  • $584Cash and due from depository institutions
  • $301Interest-bearing balances
  • $22,173Securities
  • $481Federal funds sold & reverse repurchase agreements
  • $9,093Net loans & leases
  • $125Loan loss allowance
  • $0Trading account assets
  • $1,481Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,187All other assets
  • $34,999Total liabilities and capital
  • $21,266Total liabilities
  • $21,042Total deposits
  • $12,286Interest-bearing deposits
  • $21,042Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $224All other liabilities
  • $13,733Total equity capital
  • $13,733Total bank equity capital
  • $13,733Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $13,500Undivided profits
  • Memoranda
  • $-1,267Noncurrent loans and leases
  • $831Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $76Average Assets, year-to-date
  • $32,048Average Assets, quarterly
  • $9,469Volatile liabilities
  • $30,777Insider loans
  • $30,777FHLB advances
  • $8,947Loans and leases held for sale
  • $504Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $831Total unused commitments
  • $0Restructured Loans and leases
  • $125Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $580Total interest income
  • $227Total interest expense
  • $353Net interest income
  • $125Provision for loan and lease losses
  • $24Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $24Additional noninterest income
  • $1,557Total noninterest expense
  • $575Salaries and employee benefits
  • $143Premises and equipment expense
  • $839Additional noninterest expense
  • -$1,305Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$1,305Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,305Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.07%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 1.26%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 5.56%Noninterest expense to earning assets
  • -4.24%Net operating income to assets
  • -4.24%Return on assets (ROA)
  • -4.24%Pretax return on assets
  • -9.37%Return on equity (ROE)
  • -9.37%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
  • 412,997Assets per employee
  • 1.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.36%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 43.21%Net loans and leases to core deposits
  • 75.18%Equity capital to assets
  • 39.24%Core capital (leverage) ratio
  • 46.04%Tier 1 risk-based capital ratio
  • 92.82%Total risk-based capital ratio
  • Memoranda
  • $94Average assets
  • $30,777Average earning assets
  • $13,931Average equity
  • $27,982Average loans

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