First Federal Savings Bank in Monessen, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • First Federal Savings Bank in Monessen, Pennsylvania (PA)
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First Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29943
    Status: Active
    Federal Reserve ID: 926977
    Date Established: January 01, 1922
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 4395
    FDIC's unique #: 42777
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: October 18, 1937
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 6th And Donner Avenue, Monessen, PA 15062
    County: Westmoreland
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $335.1 mil
    Equity capital: $46.5 mil
    Deposits held in domestic offices: $232.4 mil
    Return on assets (ROA): 0.29% ($1.0 mil)
    Quarterly return on assets: 0.09% ($0.3 mil)
    Return on Equity (ROE): 2.10% ($1.0 mil)
    Quarterly return on equity: 0.65% ($0.3 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.43% ($1,440.8 mil)
    Quarterly Pretax return on assets: 0.10% ($335.1 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, 2011)

  • Dollar figures in thousands
  • 86Total employees (full-time equivalent)
  • $335,070Total assets
  • $14,588Cash and due from depository institutions
  • $12,937Interest-bearing balances
  • $52,448Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $245,286Net loans & leases
  • $3,098Loan loss allowance
  • $0Trading account assets
  • $2,164Bank premises and fixed assets
  • $544Other real estate owned
  • $1,230Goodwill and other intangibles
  • $335,070Life insurance assets
  • $18,810All other assets
  • $288,566Total liabilities and capital
  • $232,404Total liabilities
  • $201,001Total deposits
  • $232,404Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 3000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $47,929Trading liabilities
  • $0Other borrowed funds
  • $5,233Subordinated debt
  • $46,504All other liabilities
  • $46,464Total equity capital
  • $46,464Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $28,370Surplus
  • $18,093Undivided profits
  • Memoranda
  • $40Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,145Income earned, not collected on loans
  • $0Earning assets
  • $1,245Long-term assets (5+ years)
  • $310,671Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $341,339Volatile liabilities
  • $338,731Insider loans
  • $188,850FHLB advances
  • $334,007Loans and leases held for sale
  • $8,266Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $45,401Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,323Restructured Loans and leases
  • $2,757Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,588Total interest income
  • $5,023Total interest expense
  • $10,565Net interest income
  • $850Provision for loan and lease losses
  • $2,858Total noninterest income
  • $0Fiduciary activities
  • $288Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,570Additional noninterest income
  • $11,396Total noninterest expense
  • $7,392Salaries and employee benefits
  • $2,005Premises and equipment expense
  • $1,999Additional noninterest expense
  • $1,177Pre-tax net operating income
  • $304Securities gains (losses)
  • $493Applicable income taxes
  • $988Income before extraordinary items
  • $0Extraordinary gains - net
  • $975Net income attributable to bank
  • $13Net charge-offs
  • $988Cash dividends
  • $406Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.59%Cost of funding earning assets
  • 3.35%Net interest margin
  • 0.91%Noninterest income to earning assets
  • 3.61%Noninterest expense to earning assets
  • 0.23%Net operating income to assets
  • 0.29%Return on assets (ROA)
  • 0.43%Pretax return on assets
  • 2.10%Return on equity (ROE)
  • 2.10%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 209.36%Credit loss provision to net charge-offs
  • 4.99%Efficiency ratio
  • 84,087Assets per employee
  • 3.90%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 144.43%Noncurrent assets plus other real estate owned to assets
  • 0.80%Noncurrent loans to loans
  • 0.86%Net loans and leases to deposits
  • 105.54%Net loans and leases to core deposits
  • 110.20%Equity capital to assets
  • 13.87%Core capital (leverage) ratio
  • 13.59%Tier 1 risk-based capital ratio
  • 24.04%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $341,339Average earning assets
  • $46,379Average equity
  • $315,441Average loans

List of branches

  • 8 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042777First Federal Savings Bank6th And Donner Avenue, Monessen, PA 15062January 01, 1922Full Service Brick and Mortar
    1277806Monongahela235 West Main Street, Monongahela, PA 15063January 01, 1922Full Service Brick and Mortar
    2277807Belle Vernon1670 Broad Avenue, Belle Vernon, PA 15012January 01, 1922Full Service Brick and Mortar
    3277808Uniontown545 West Main Street, Uniontown, PA 15401January 01, 1922Full Service Brick and Mortar
    100277809DonoraMeldon And Sixth Street, Donora, PA 15033January 01, 1922Full Service Brick and Mortar
    102277811Perryopolis101 Independence Street, Perryopolis, PA 15473June 30, 1987Full Service Brick and Mortar
    103518488Washington95 West Beau St, Washington, PA 15301June 22, 2007Full Service Brick and Mortar
    104518489Peters Township3515 Washington Road, Canonsburg, PA 15317July 06, 2006Full Service Brick and Mortar

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