First American Bank of Pennsylvania in Everett, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2005

  • First American Bank of Pennsylvania in Everett, Pennsylvania (PA)
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First American Bank of Pennsylvania - Overview

  • General
  • FDIC Certificate #: 7495
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Susquehanna Bank (#9694)
    Federal Reserve ID: 147914
    Date Established: May 14, 1902
    WWW: http://www.fabpa.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 12838
    FDIC's unique #: 4866
    Numeric code: 21
    Regulator: FDIC
    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 15, 2005
    Last Structure Change Process Date: April 25, 2005
    Last Data Update: April 25, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 140 East Main Street, Everett, PA 15537
    County: Bedford
    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
  • Financial Summary
  • Total assets: $212.9 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, 2004)

  • Dollar figures in thousands
  • 54Total employees (full-time equivalent)
  • $217,973Total assets
  • $6,117Cash and due from depository institutions
  • $140Interest-bearing balances
  • $28,820Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $167,438Net loans & leases
  • $1,350Loan loss allowance
  • $0Trading account assets
  • $3,515Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $12,083All other assets
  • $217,973Total liabilities and capital
  • $199,108Total liabilities
  • $180,048Total deposits
  • $148,192Interest-bearing deposits
  • $180,048Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $17,887Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,173All other liabilities
  • $18,865Total equity capital
  • $18,865Total bank equity capital
  • $18,865Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $2,253Undivided profits
  • Memoranda
  • $16,312Noncurrent loans and leases
  • $47,074Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $419Earning assets
  • $0Long-term assets (5+ years)
  • $565Average Assets, year-to-date
  • $196,398Average Assets, quarterly
  • $40,442Volatile liabilities
  • $209,402Insider loans
  • $215,999FHLB advances
  • $45,763Loans and leases held for sale
  • $3,240Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $47,074Total unused commitments
  • $0Restructured Loans and leases
  • $1,350Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $10,518Total interest income
  • $3,126Total interest expense
  • $7,392Net interest income
  • $180Provision for loan and lease losses
  • $1,738Total noninterest income
  • $0Fiduciary activities
  • $677Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,061Additional noninterest income
  • $5,401Total noninterest expense
  • $2,279Salaries and employee benefits
  • $403Premises and equipment expense
  • $2,719Additional noninterest expense
  • $3,549Pre-tax net operating income
  • $0Securities gains (losses)
  • $912Applicable income taxes
  • $2,637Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,637Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $55Sale, conversion, retirement of capital stock, net
  • $1,000Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.61%Yield on earning assets
  • 1.67%Cost of funding earning assets
  • 3.95%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 2.88%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • 1.26%Return on assets (ROA)
  • 1.69%Pretax return on assets
  • 14.55%Return on equity (ROE)
  • 9.03%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 327.27%Credit loss provision to net charge-offs
  • 67.80%Efficiency ratio
  • 59,157Assets per employee
  • 4.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.92%Loss allowance to loans
  • 0.80%Loss allowance to noncurrent loans
  • 322.20%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 93.00%Net loans and leases to core deposits
  • 110.03%Equity capital to assets
  • 8.65%Core capital (leverage) ratio
  • 8.78%Tier 1 risk-based capital ratio
  • 10.63%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $209,402Average earning assets
  • $18,126Average equity
  • $187,368Average loans

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