Dollar Savings Bank in New Castle, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 14, 1996

Dollar Savings Bank in New Castle, Pennsylvania (PA)
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Dollar Savings Bank - Overview

General
FDIC Certificate #: 27938
Status: Inactive
Closing history: Corrections
Acquiring institution: First National Bank of Pennsylvania (#7888)
Federal Reserve ID: 442075
Date Established: January 01, 1898
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 2 (Interstate: No)
OTS Docket #: 579
FDIC's unique #: 40772
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: January 11, 1938
Last Structure Change Effective Date: May 14, 1996
Last Structure Change Process Date: June 03, 1996
Last Data Update: June 03, 1996
Data Source Date: April 05, 2012
Location
Address: Washington Centre, 32 North Mill Street, New Castle, PA 16103
County: Lawrence
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
Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
Core Based Statistical Area (CBSA): New Castle, PA (#35260)
CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $85.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$27Total assets
$85,302Cash and due from depository institutions
$2,947Interest-bearing balances
$1,188Securities
$21,832Federal funds sold & reverse repurchase agreements
$1,310Net loans & leases
$57,299Loan loss allowance
$771Trading account assets
$0Bank premises and fixed assets
$816Other real estate owned
$0Goodwill and other intangibles
$1,098Life insurance assets
$0All other assets
$0Total liabilities and capital
$85,302Total liabilities
$78,016Total deposits
$74,627Interest-bearing deposits
$74,627Deposits held in domestic offices
74627.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,179Subordinated debt
$0All other liabilities
$1,210Total equity capital
$1,210Total bank equity capital
$7,286Perpetual preferred stock
$0Common stock
$380Surplus
$3,059Undivided profits
Memoranda
$3,847Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$273Income earned, not collected on loans
$429Earning assets
$81,629Long-term assets (5+ years)
$0Average Assets, year-to-date
$85,474Average Assets, quarterly
$86,195Volatile liabilities
$8,827Insider loans
$2,120FHLB advances
$2,000Loans and leases held for sale
$0Unused loan commitments
$1,937Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,209Total risk weighted assets
$51,887Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$6,525Total interest expense
$3,474Net interest income
$3,051Provision for loan and lease losses
$30Total noninterest income
$264Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$264Total noninterest expense
$2,017Salaries and employee benefits
$722Premises and equipment expense
$328Additional noninterest expense
$967Pre-tax net operating income
$1,268Securities gains (losses)
$1Applicable income taxes
$480Income before extraordinary items
$789Extraordinary gains - net
$0Net income attributable to bank
$789Net charge-offs
$61Cash dividends
$1,324Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.97%Cost of funding earning assets
4.24%Net interest margin
3.73%Noninterest income to earning assets
0.32%Noninterest expense to earning assets
2.46%Net operating income to assets
0.92%Return on assets (ROA)
0.92%Pretax return on assets
1.48%Return on equity (ROE)
10.86%Retained earnings to average equity (YTD only)
-7.37%Net charge-offs to loans
0.10%Credit loss provision to net charge-offs
49.18%Efficiency ratio
60,845Assets per employee
3.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
167.81%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
282.42%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.47%Net loans and leases to deposits
76.78%Net loans and leases to core deposits
84.29%Equity capital to assets
8.54%Core capital (leverage) ratio
8.46%Tier 1 risk-based capital ratio
13.89%Total risk-based capital ratio
Memoranda
$15Average assets
$85,474Average earning assets
$7,262Average equity
$81,853Average loans

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