First Northern Bank and Trust Company in city_name, state_name

First Northern Bank and Trust Company in Palmerton, Pennsylvania (PA)
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First Northern Bank and Trust Company routing number info

First Northern Bank and Trust Company - Overview

General
FDIC Certificate #: 7675
Status: Active
Federal Reserve ID: 186717
Bank Holding Company (Regulatory Top Holder): Palm Bancorp (RSSDID: 1117213, Location: Palmerton, PA)
Date Established: October 24, 1907
WWW: http://www.1stnorthernbank.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 11 (Domestic: 11, Interstate: No)
FDIC's unique #: 4969
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 30, 2011
Last Structure Change Process Date: January 10, 2012
Last Data Update: January 10, 2012
Data Source Date: April 05, 2012
Location
Address: Fourth Street And Lafayette Avenue, Palmerton, PA 18071
County: Carbon
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): Allentown-Bethlehem-Easton, PA (#240)
Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900)
CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
History of Changes
Name Change
Change in Primary Regulatory Agency
Change in Supervisory Agency
Financial Summary
Total assets: $697.3 mil
Equity capital: $104.4 mil
Deposits held in domestic offices: $584.9 mil
Return on assets (ROA): 1.01% ($7.0 mil)
Quarterly return on assets: 0.95% ($6.6 mil)
Return on Equity (ROE): 7.15% ($7.4 mil)
Quarterly return on equity: 6.40% ($6.7 mil)
Net income: $6.9 mil
Quarterly Net income: $1.7 mil
Pretax return on assets: 1.25% ($8,716.6 mil)
Quarterly Pretax return on assets: 1.19% ($8,298.3 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
142Total employees (full-time equivalent)
$697,332Total assets
$32,839Cash and due from depository institutions
$24,854Interest-bearing balances
$296,164Securities
$0Federal funds sold & reverse repurchase agreements
$355,125Net loans & leases
$3,805Loan loss allowance
$0Trading account assets
$3,291Bank premises and fixed assets
$3,159Other real estate owned
$0Goodwill and other intangibles
$697,332Life insurance assets
$6,754All other assets
$592,957Total liabilities and capital
$584,895Total liabilities
$502,486Total deposits
$584,895Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$8,062Subordinated debt
$104,375All other liabilities
$104,375Total equity capital
$104,375Total bank equity capital
$0Perpetual preferred stock
$751Common stock
$1,251Surplus
$102,373Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$21,692Income earned, not collected on loans
$0Earning assets
$3,067Long-term assets (5+ years)
$676,143Average Assets, year-to-date
$475,899Average Assets, quarterly
$687,292Volatile liabilities
$696,828Insider loans
$343,103FHLB advances
$701,355Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$92,603Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$21,340Restructured Loans and leases
$1,086Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$31,349Total interest income
$7,526Total interest expense
$23,823Net interest income
$536Provision for loan and lease losses
$1,673Total noninterest income
$6Fiduciary activities
$895Service charges on deposit accounts
$0Trading account gains & fees
$772Additional noninterest income
$16,385Total noninterest expense
$7,692Salaries and employee benefits
$3,508Premises and equipment expense
$5,185Additional noninterest expense
$8,575Pre-tax net operating income
$49Securities gains (losses)
$1,699Applicable income taxes
$6,925Income before extraordinary items
$0Extraordinary gains - net
$6,925Net income attributable to bank
$0Net charge-offs
$6,925Cash dividends
$879Sale, conversion, retirement of capital stock, net
$2,030Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.71%Yield on earning assets
1.13%Cost of funding earning assets
3.58%Net interest margin
0.25%Noninterest income to earning assets
2.46%Noninterest expense to earning assets
1.00%Net operating income to assets
1.01%Return on assets (ROA)
1.25%Pretax return on assets
7.15%Return on equity (ROE)
5.06%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
60.98%Credit loss provision to net charge-offs
10.37%Efficiency ratio
64,265Assets per employee
4.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.31%Loss allowance to loans
1.06%Loss allowance to noncurrent loans
17.54%Noncurrent assets plus other real estate owned to assets
3.56%Noncurrent loans to loans
6.04%Net loans and leases to deposits
60.72%Net loans and leases to core deposits
63.10%Equity capital to assets
14.97%Core capital (leverage) ratio
13.20%Tier 1 risk-based capital ratio
26.99%Total risk-based capital ratio
Memoranda
$28Average assets
$687,292Average earning assets
$96,791Average equity
$665,418Average loans

Total Fiduciary and Related Assets (December 31, 2011)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$588Managed Assets
1Number of Accounts
$588Personal trust and agency accounts
$588Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
7Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

List of branches

11 Pennsylvania Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	4969	First Northern Bank And Trust Compan	Fourth Street And Lafayette Avenue, Palmerton, PA 18071	October 24, 1907	Full Service Brick and Mortar
1	216229	Western Poconos Branch	Route 209, Gilbert, PA 18331	December 10, 1962	Full Service Brick and Mortar
2	216230	Sciota Branch	Route 209, Sciota, PA 18354	August 25, 1978	Full Service Brick and Mortar
3	216231	Tannersville Branch	Route 611, Tannersville, PA 18372	August 01, 1985	Full Service Brick and Mortar
4	216232	Blakeslee Branch	Route 940, Blakeslee, PA 18610	Febuary 13, 1989	Full Service Brick and Mortar
5	216233	Mt. Bethel Branch	Route 611, Mount Bethel, PA 18343	Febuary 07, 1990	Full Service Brick and Mortar
6	216234	Egypt Branch	2228 Old Post Road Suite E, Coplay, PA 18037	June 19, 1996	Full Service Brick and Mortar
7	216235	Bath Branch	383 South Walnut Street, Bath, PA 18014	May 01, 1997	Full Service Brick and Mortar
8	429659	Northampton Branch	2 Nor Bath Blvd, Northampton, PA 18067	June 22, 2004	Full Service Brick and Mortar
9	498622	Wind Gap Branch	6663 Sullivan Trail, Plainfield Township, Wind Gap, PA 18091	October 13, 2009	Full Service Brick and Mortar
10	508645	Stroudsburg Branch	101 Park Avenue, Stroudsburg, PA 18360	May 03, 2010	Full Service Brick and Mortar

First Northern Bank and Trust Company in Palmerton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Northern Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First Northern Bank and Trust Company in Palmerton, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Northern Bank and Trust Company - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

Total Fiduciary and Related Assets (December 31, 2011)

List of branches

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

First Northern Bank and Trust Company in Palmerton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches