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

This bank is inactive as of March 30, 1996

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

  • General
  • FDIC Certificate #: 29859
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northwest Savings Bank (#28178)
    Federal Reserve ID: 994079
    Date Established: January 01, 1928
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4219
    FDIC's unique #: 42693
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 26, 1937
    Last Structure Change Effective Date: March 30, 1996
    Last Structure Change Process Date: April 18, 1996
    Last Data Update: April 18, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 56 Fraley Street, Kane, PA 16735
    County: Mckean
    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
    Core Based Statistical Area (CBSA): Bradford, PA (#14620)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $47.5 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $22Total assets
  • $47,542Cash and due from depository institutions
  • $2,024Interest-bearing balances
  • $1,563Securities
  • $10,919Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $32,692Loan loss allowance
  • $515Trading account assets
  • $0Bank premises and fixed assets
  • $549Other real estate owned
  • $191Goodwill and other intangibles
  • $1,167Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $47,542Total liabilities
  • $42,768Total deposits
  • $38,133Interest-bearing deposits
  • $37,716Deposits held in domestic offices
  • 38133.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,459Subordinated debt
  • $0All other liabilities
  • $176Total equity capital
  • $176Total bank equity capital
  • $4,774Perpetual preferred stock
  • $0Common stock
  • $21Surplus
  • $1,766Undivided profits
  • Memoranda
  • $2,987Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $447Income earned, not collected on loans
  • $232Earning assets
  • $45,174Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $48,437Average Assets, quarterly
  • $48,135Volatile liabilities
  • $5,723Insider loans
  • $256FHLB advances
  • $4,459Loans and leases held for sale
  • $0Unused loan commitments
  • $263Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,562Total risk weighted assets
  • $24,107Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,426Total interest expense
  • $1,858Net interest income
  • $1,568Provision for loan and lease losses
  • $0Total noninterest income
  • $85Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $85Total noninterest expense
  • $1,550Salaries and employee benefits
  • $697Premises and equipment expense
  • $306Additional noninterest expense
  • $547Pre-tax net operating income
  • $103Securities gains (losses)
  • $0Applicable income taxes
  • $9Income before extraordinary items
  • $94Extraordinary gains - net
  • $0Net income attributable to bank
  • $94Net charge-offs
  • -$36Cash 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
  • 7.42%Cost of funding earning assets
  • 4.02%Net interest margin
  • 3.39%Noninterest income to earning assets
  • 0.18%Noninterest expense to earning assets
  • 3.36%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 0.21%Return on equity (ROE)
  • 2.02%Retained earnings to average equity (YTD only)
  • 2.02%Net charge-offs to loans
  • -0.11%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 93,769Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 115.21%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 85.73%Net loans and leases to core deposits
  • 88.67%Equity capital to assets
  • 10.04%Core capital (leverage) ratio
  • 9.65%Tier 1 risk-based capital ratio
  • 18.92%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $48,437Average earning assets
  • $4,643Average equity
  • $46,186Average loans

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