First Eastern Bank, National Association in city_name, state_name

First Eastern Bank, National Association in Wilkes-Barre, Pennsylvania (PA)
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First Eastern Bank, National Association - Overview

General
FDIC Certificate #: 7806
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: PNC Bank, National Association (#7944)
Federal Reserve ID: 557616
Date Established: January 01, 1863
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 53 (Interstate: No)
FDIC's unique #: 5032
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 17, 1994
Last Structure Change Process Date: June 28, 1994
Last Data Update: June 28, 1994
Data Source Date: April 05, 2012
Location
Address: First East Plaza, Public Square, Wilkes-Barre, PA 18701
County: Luzerne
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Philadelphia
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
Financial Summary
Total assets: $2,015.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$1,082Total assets
$2,033,847Cash and due from depository institutions
$86,802Interest-bearing balances
$100Securities
$572,967Federal funds sold & reverse repurchase agreements
$80,000Net loans & leases
$1,204,743Loan loss allowance
$57,288Trading account assets
$98Bank premises and fixed assets
$32,798Other real estate owned
$20,325Goodwill and other intangibles
$28,171Life insurance assets
$7,943All other assets
$0Total liabilities and capital
$2,033,847Total liabilities
$1,882,292Total deposits
$1,782,533Interest-bearing deposits
$1,515,050Deposits held in domestic offices
1782533.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$70,900Trading liabilities
$0Other borrowed funds
$8,805Subordinated debt
$0All other liabilities
$20,054Total equity capital
$20,054Total bank equity capital
$151,555Perpetual preferred stock
$0Common stock
$11,970Surplus
$87,817Undivided profits
Memoranda
$51,768Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$72,887Income earned, not collected on loans
$5,998Earning assets
$1,857,908Long-term assets (5+ years)
$344,341Average Assets, year-to-date
$2,158,110Average Assets, quarterly
$2,047,620Volatile liabilities
$154,378Insider loans
$8,183FHLB advances
$0Loans and leases held for sale
$39,364Unused loan commitments
$71,410Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$143,612Total risk weighted assets
$1,281,665Total unused commitments
$0Restructured Loans and leases
$72Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$150,369Total interest expense
$63,848Net interest income
$86,521Provision for loan and lease losses
$29,000Total noninterest income
$26,633Fiduciary activities
$3,590Service charges on deposit accounts
$5,020Trading account gains & fees
$994Additional noninterest income
$17,029Total noninterest expense
$101,226Salaries and employee benefits
$32,961Premises and equipment expense
$10,580Additional noninterest expense
$57,685Pre-tax net operating income
-$17,072Securities gains (losses)
$9,201Applicable income taxes
$81Income before extraordinary items
-$7,952Extraordinary gains - net
$0Net income attributable to bank
-$7,952Net charge-offs
$42,468Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.71%Cost of funding earning assets
3.27%Net interest margin
4.43%Noninterest income to earning assets
1.36%Noninterest expense to earning assets
5.19%Net operating income to assets
-0.79%Return on assets (ROA)
-0.37%Pretax return on assets
-0.36%Return on equity (ROE)
-5.22%Retained earnings to average equity (YTD only)
-5.22%Net charge-offs to loans
2.99%Credit loss provision to net charge-offs
68.29%Efficiency ratio
88,139Assets per employee
1.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.54%Loss allowance to noncurrent loans
78.60%Noncurrent assets plus other real estate owned to assets
4.58%Noncurrent loans to loans
5.78%Net loans and leases to deposits
67.59%Net loans and leases to core deposits
70.55%Equity capital to assets
7.45%Core capital (leverage) ratio
6.97%Tier 1 risk-based capital ratio
11.21%Total risk-based capital ratio
Memoranda
$12Average assets
$2,158,110Average earning assets
$152,234Average equity
$1,951,416Average loans

L. Walters

⚠

Aug 22, 2022 @ 8:08 am

I hold time certificate of deposit issued in 1986. Who can I contact to discuss? Thank you.

First Eastern Bank, National Association in Wilkes-Barre, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Eastern Bank, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

First Eastern Bank, National Association in Wilkes-Barre, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Eastern Bank, National Association - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

First Eastern Bank, National Association in Wilkes-Barre, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches