Elderton State Bank in Elderton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Elderton State Bank - Overview

  • General
  • FDIC Certificate #: 12985
    Status: Active
    Federal Reserve ID: 282824
    Bank Holding Company (Regulatory Top Holder): Keystrong Financial, Inc. (RSSDID: 3631012, Location: Elderton, PA)
    Date Established: October 01, 1919
    WWW: http://www.eldertonbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 11053
    FDIC's unique #: 8207
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 143 Main Street, Elderton, PA 15736
    County: Armstrong
    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): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $188.4 mil
    Equity capital: $19.9 mil
    Deposits held in domestic offices: $162.8 mil
    Return on assets (ROA): 1.05% ($2.0 mil)
    Quarterly return on assets: 1.32% ($2.5 mil)
    Return on Equity (ROE): 10.77% ($2.2 mil)
    Quarterly return on equity: 12.34% ($2.5 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.51% ($2,844.6 mil)
    Quarterly Pretax return on assets: 1.92% ($3,617.0 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
  • 41Total employees (full-time equivalent)
  • $188,387Total assets
  • $17,926Cash and due from depository institutions
  • $6,806Interest-bearing balances
  • $13,421Securities
  • $580Federal funds sold & reverse repurchase agreements
  • $147,512Net loans & leases
  • $2,154Loan loss allowance
  • $0Trading account assets
  • $3,142Bank premises and fixed assets
  • $100Other real estate owned
  • $0Goodwill and other intangibles
  • $188,387Life insurance assets
  • $5,706All other assets
  • $168,513Total liabilities and capital
  • $162,775Total liabilities
  • $125,785Total deposits
  • $162,775Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,500Trading liabilities
  • $0Other borrowed funds
  • $1,238Subordinated debt
  • $19,874All other liabilities
  • $19,874Total equity capital
  • $19,874Total bank equity capital
  • $0Perpetual preferred stock
  • $31Common stock
  • $1,458Surplus
  • $18,385Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,799Income earned, not collected on loans
  • $0Earning assets
  • $595Long-term assets (5+ years)
  • $168,319Average Assets, year-to-date
  • $21,923Average Assets, quarterly
  • $197,131Volatile liabilities
  • $184,795Insider loans
  • $141,877FHLB advances
  • $182,091Loans and leases held for sale
  • $3,391Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,735Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,391Total unused commitments
  • $14,599Restructured Loans and leases
  • $212Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,819Total interest income
  • $1,985Total interest expense
  • $6,834Net interest income
  • $629Provision for loan and lease losses
  • $485Total noninterest income
  • $0Fiduciary activities
  • $316Service charges on deposit accounts
  • $0Trading account gains & fees
  • $169Additional noninterest income
  • $3,728Total noninterest expense
  • $2,133Salaries and employee benefits
  • $458Premises and equipment expense
  • $1,137Additional noninterest expense
  • $2,962Pre-tax net operating income
  • $20Securities gains (losses)
  • $916Applicable income taxes
  • $2,066Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,066Net income attributable to bank
  • $0Net charge-offs
  • $2,066Cash dividends
  • $636Sale, conversion, retirement of capital stock, net
  • $741Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.08%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 10.77%Return on equity (ROE)
  • 6.91%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 98.90%Credit loss provision to net charge-offs
  • 5.65%Efficiency ratio
  • 50,936Assets per employee
  • 4.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.87%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 76.96%Noncurrent assets plus other real estate owned to assets
  • 1.54%Noncurrent loans to loans
  • 1.87%Net loans and leases to deposits
  • 90.62%Net loans and leases to core deposits
  • 93.96%Equity capital to assets
  • 10.55%Core capital (leverage) ratio
  • 10.84%Tier 1 risk-based capital ratio
  • 13.91%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $197,131Average earning assets
  • $19,177Average equity
  • $179,190Average loans

List of branches

  • 3 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08207Elderton State Bank143 Main Street, Elderton, PA 15736October 01, 1919Full Service Brick and Mortar
    2418760Rural Valley BranchState Route 85 And Water Street, Rural Valley, PA 16249June 01, 1999Full Service Brick and Mortar
    3441790Dayton Loan Production Branch105 W Main Street, Suite A, Dayton, PA 16222May 05, 2005Limited Service Loan Production

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