Equibank in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1993

  • Equibank in Pittsburgh, Pennsylvania (PA)
  • Show street view No street view available for this location

Equibank - Overview

  • General
  • FDIC Certificate #: 7912
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National City Bank of Pennsylvania (#7948)
    Federal Reserve ID: 52223
    Date Established: January 01, 1871
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 60 (Interstate: No)
    OTS Docket #: 9138
    FDIC's unique #: 5070
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 23, 1993
    Last Structure Change Process Date: June 02, 1993
    Last Data Update: June 02, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: Two Oliver Plaza, Pittsburgh, PA 15222
    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)
  • Financial Summary
  • Total assets: $2,668.2 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,278Total assets
  • $2,722,557Cash and due from depository institutions
  • $110,847Interest-bearing balances
  • $961Securities
  • $492,600Federal funds sold & reverse repurchase agreements
  • $228,000Net loans & leases
  • $1,695,814Loan loss allowance
  • $95,879Trading account assets
  • $41,446Bank premises and fixed assets
  • $14,634Other real estate owned
  • $36,377Goodwill and other intangibles
  • $99,973Life insurance assets
  • $2,866All other assets
  • $0Total liabilities and capital
  • $2,722,557Total liabilities
  • $2,636,008Total deposits
  • $2,474,168Interest-bearing deposits
  • $2,110,994Deposits held in domestic offices
  • 2474168.00%% insured (estimated)
  • $90Federal funds purchased & repurchase agreements
  • $6,301Trading liabilities
  • $0Other borrowed funds
  • $82,168Subordinated debt
  • $0All other liabilities
  • $73,371Total equity capital
  • $73,371Total bank equity capital
  • $86,549Perpetual preferred stock
  • $0Common stock
  • $25,422Surplus
  • $121,532Undivided profits
  • Memoranda
  • $-60,405Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $94,992Income earned, not collected on loans
  • $15,510Earning assets
  • $2,458,821Long-term assets (5+ years)
  • $717,125Average Assets, year-to-date
  • $2,916,537Average Assets, quarterly
  • $2,760,614Volatile liabilities
  • $251,967Insider loans
  • $518FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $360,624Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $85,073Total risk weighted assets
  • $1,947,516Total unused commitments
  • $0Restructured Loans and leases
  • $111,220Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $243,403Total interest expense
  • $117,209Net interest income
  • $126,194Provision for loan and lease losses
  • $46,794Total noninterest income
  • $42,930Fiduciary activities
  • $1,126Service charges on deposit accounts
  • $11,105Trading account gains & fees
  • -$1,573Additional noninterest income
  • $32,272Total noninterest expense
  • $177,789Salaries and employee benefits
  • $59,252Premises and equipment expense
  • $18,374Additional noninterest expense
  • $100,163Pre-tax net operating income
  • -$55,459Securities gains (losses)
  • $3,178Applicable income taxes
  • $381Income before extraordinary items
  • -$52,662Extraordinary gains - net
  • $0Net income attributable to bank
  • -$52,662Net charge-offs
  • $24,212Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.22%Cost of funding earning assets
  • 4.44%Net interest margin
  • 4.78%Noninterest income to earning assets
  • 1.63%Noninterest expense to earning assets
  • 6.73%Net operating income to assets
  • -1.91%Return on assets (ROA)
  • -1.81%Pretax return on assets
  • -1.79%Return on equity (ROE)
  • -41.08%Retained earnings to average equity (YTD only)
  • -41.08%Net charge-offs to loans
  • 1.25%Credit loss provision to net charge-offs
  • 193.27%Efficiency ratio
  • 104,591Assets per employee
  • 2.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.35%Loss allowance to noncurrent loans
  • 100.93%Noncurrent assets plus other real estate owned to assets
  • 4.83%Noncurrent loans to loans
  • 5.30%Net loans and leases to deposits
  • 68.54%Net loans and leases to core deposits
  • 73.39%Equity capital to assets
  • 3.18%Core capital (leverage) ratio
  • 3.06%Tier 1 risk-based capital ratio
  • 4.37%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $2,916,537Average earning assets
  • $128,206Average equity
  • $2,640,354Average loans

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