Fayette Bank in Uniontown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 11, 1997

  • Fayette Bank in Uniontown, Pennsylvania (PA)
  • Show street view No street view available for this location

Fayette Bank - Overview

  • General
  • FDIC Certificate #: 16576
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Promistar Bank (#14501)
    Federal Reserve ID: 216726
    Date Established: May 14, 1947
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 12 (Interstate: No)
    OTS Docket #: 12258
    FDIC's unique #: 10722
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 14, 1947
    Last Structure Change Effective Date: October 11, 1997
    Last Structure Change Process Date: November 17, 1997
    Last Data Update: November 17, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 58 West Main Street, Uniontown, PA 15401
    County: Fayette
    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: $353.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $103Total assets
  • $354,946Cash and due from depository institutions
  • $15,795Interest-bearing balances
  • $290Securities
  • $53,278Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $266,151Loan loss allowance
  • $2,422Trading account assets
  • $0Bank premises and fixed assets
  • $6,010Other real estate owned
  • $4Goodwill and other intangibles
  • $4,113Life insurance assets
  • $9,595All other assets
  • $0Total liabilities and capital
  • $354,946Total liabilities
  • $318,284Total deposits
  • $314,468Interest-bearing deposits
  • $282,442Deposits held in domestic offices
  • 314468.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $1,988Trading liabilities
  • $0Other borrowed funds
  • $492Subordinated debt
  • $0All other liabilities
  • $1,336Total equity capital
  • $1,336Total bank equity capital
  • $36,662Perpetual preferred stock
  • $0Common stock
  • $200Surplus
  • $23,341Undivided profits
  • Memoranda
  • $13,121Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,276Income earned, not collected on loans
  • $1,340Earning assets
  • $319,719Long-term assets (5+ years)
  • $106,322Average Assets, year-to-date
  • $362,666Average Assets, quarterly
  • $358,517Volatile liabilities
  • $41,276Insider loans
  • $6,016FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $38,516Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $27,286Total risk weighted assets
  • $261,261Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $26,028Total interest expense
  • $11,423Net interest income
  • $14,605Provision for loan and lease losses
  • $1,180Total noninterest income
  • $1,960Fiduciary activities
  • $0Service charges on deposit accounts
  • $800Trading account gains & fees
  • $0Additional noninterest income
  • $1,160Total noninterest expense
  • $11,593Salaries and employee benefits
  • $2,956Premises and equipment expense
  • $1,345Additional noninterest expense
  • $7,292Pre-tax net operating income
  • $3,792Securities gains (losses)
  • $1Applicable income taxes
  • $1,336Income before extraordinary items
  • $2,457Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,457Net charge-offs
  • $1,222Cash dividends
  • $2,179Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.85%Cost of funding earning assets
  • 3.44%Net interest margin
  • 4.40%Noninterest income to earning assets
  • 0.59%Noninterest expense to earning assets
  • 3.50%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 1.05%Return on equity (ROE)
  • 6.74%Retained earnings to average equity (YTD only)
  • 0.76%Net charge-offs to loans
  • 0.45%Credit loss provision to net charge-offs
  • 96.56%Efficiency ratio
  • 65,657Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.69%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 45.91%Noncurrent assets plus other real estate owned to assets
  • 1.49%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 84.64%Net loans and leases to core deposits
  • 96.55%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 10.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $362,666Average earning assets
  • $36,450Average equity
  • $331,685Average loans

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