First Executive Bank in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 08, 1996

  • First Executive Bank in Philadelphia, Pennsylvania (PA)
  • Show street view No street view available for this location

First Executive Bank - Overview

  • General
  • FDIC Certificate #: 27371
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Bank (#27332)
    Federal Reserve ID: 1221491
    Date Established: November 03, 1988
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 39691
    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: November 03, 1988
    Last Structure Change Effective Date: June 08, 1996
    Last Structure Change Process Date: June 27, 1996
    Last Data Update: June 27, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1513 Walnut Street, Philadelphia, PA 19102
    County: Philadelphia
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $121.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $40Total assets
  • $129,655Cash and due from depository institutions
  • $5,627Interest-bearing balances
  • $990Securities
  • $28,583Federal funds sold & reverse repurchase agreements
  • $17,050Net loans & leases
  • $75,108Loan loss allowance
  • $1,436Trading account assets
  • $0Bank premises and fixed assets
  • $1,262Other real estate owned
  • $81Goodwill and other intangibles
  • $1,944Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $129,655Total liabilities
  • $121,881Total deposits
  • $120,267Interest-bearing deposits
  • $100,387Deposits held in domestic offices
  • 120267.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,614Total equity capital
  • $1,614Total bank equity capital
  • $7,774Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $9,212Undivided profits
  • Memoranda
  • $-2,938Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $783Income earned, not collected on loans
  • $417Earning assets
  • $121,731Long-term assets (5+ years)
  • $14,757Average Assets, year-to-date
  • $116,266Average Assets, quarterly
  • $126,952Volatile liabilities
  • $17,144Insider loans
  • $2,094FHLB advances
  • $0Loans and leases held for sale
  • $942Unused loan commitments
  • $12,241Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,688Total risk weighted assets
  • $83,866Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,501Total interest expense
  • $4,376Net interest income
  • $5,125Provision for loan and lease losses
  • $690Total noninterest income
  • $306Fiduciary activities
  • $0Service charges on deposit accounts
  • $171Trading account gains & fees
  • $0Additional noninterest income
  • $135Total noninterest expense
  • $4,666Salaries and employee benefits
  • $2,188Premises and equipment expense
  • $594Additional noninterest expense
  • $1,884Pre-tax net operating income
  • $75Securities gains (losses)
  • $178Applicable income taxes
  • -$250Income before extraordinary items
  • $503Extraordinary gains - net
  • $0Net income attributable to bank
  • $503Net charge-offs
  • $610Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.65%Cost of funding earning assets
  • 3.99%Net interest margin
  • 4.67%Noninterest income to earning assets
  • 0.28%Noninterest expense to earning assets
  • 4.25%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 0.22%Return on equity (ROE)
  • 6.92%Retained earnings to average equity (YTD only)
  • 6.92%Net charge-offs to loans
  • 0.84%Credit loss provision to net charge-offs
  • 113.11%Efficiency ratio
  • 85,914Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 183.40%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 1.02%Net loans and leases to deposits
  • 62.45%Net loans and leases to core deposits
  • 72.83%Equity capital to assets
  • 6.00%Core capital (leverage) ratio
  • 6.21%Tier 1 risk-based capital ratio
  • 9.17%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $116,266Average earning assets
  • $7,265Average equity
  • $109,811Average loans

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