FDIC Certificate #: 28770 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Fidelity Savings and Loan Association of Bucks Co (#30954) Federal Reserve ID: 572776 Date Established: January 01, 1921 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 2326 FDIC's unique #: 41604 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: April 01, 2000 Last Structure Change Effective Date: July 01, 2010 Last Structure Change Process Date: August 23, 2010 Last Data Update: August 23, 2010 Data Source Date: April 05, 2012
Location
Address: 704 State Road, Croydon, PA 19021 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: $11.6 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
2Total employees (full-time equivalent)
$12,062Total assets
$2,435Cash and due from depository institutions
$1,828Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$9,259Net loans & leases
$200Loan loss allowance
$0Trading account assets
$22Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$346All other assets
$12,062Total liabilities and capital
$11,120Total liabilities
$10,981Total deposits
$10,965Interest-bearing deposits
$10,981Deposits held in domestic offices
99.92%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$139All other liabilities
$942Total equity capital
$942Total bank equity capital
$942Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$942Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,532Earning assets
$0Long-term assets (5+ years)
$93Average Assets, year-to-date
$11,087Average Assets, quarterly
$7,855Volatile liabilities
$13,026Insider loans
$12,504FHLB advances
$2,391Loans and leases held for sale
$63Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$89Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$607Total interest income
$367Total interest expense
$240Net interest income
$347Provision for loan and lease losses
$2Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2Additional noninterest income
$315Total noninterest expense
$169Salaries and employee benefits
$23Premises and equipment expense
$123Additional noninterest expense
-$420Pre-tax net operating income
$0Securities gains (losses)
-$121Applicable income taxes
-$299Income before extraordinary items
$0Extraordinary gains - net
-$299Net income attributable to bank
$0Net charge-offs
-$299Cash dividends
$175Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.00%Yield on earning assets
3.02%Cost of funding earning assets
1.98%Net interest margin
0.02%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
-2.30%Net operating income to assets
-2.30%Return on assets (ROA)
-3.22%Pretax return on assets
-29.52%Return on equity (ROE)
-29.52%Retained earnings to average equity (YTD only)
1.64%Net charge-offs to loans
198.29%Credit loss provision to net charge-offs
-0.42%Efficiency ratio
130,165Assets per employee
6.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.11%Loss allowance to noncurrent loans
13.05%Noncurrent assets plus other real estate owned to assets
12.70%Noncurrent loans to loans
16.20%Net loans and leases to deposits
84.32%Net loans and leases to core deposits
107.79%Equity capital to assets
7.81%Core capital (leverage) ratio
6.89%Tier 1 risk-based capital ratio
12.23%Total risk-based capital ratio
Memoranda
$13Average assets
$13,026Average earning assets
$1,013Average equity
$12,150Average loans
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