First Pennsylvania Savings Association in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2002

  • First Pennsylvania Savings Association in Pittsburgh, Pennsylvania (PA)
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First Pennsylvania Savings Association - Overview

  • General
  • FDIC Certificate #: 30212
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fidelity Savings Bank (#28038)
    Federal Reserve ID: 879279
    Date Established: January 01, 1916
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4960
    FDIC's unique #: 43046
    Numeric code: 36
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 16, 1943
    Last Structure Change Effective Date: December 31, 2002
    Last Structure Change Process Date: January 22, 2003
    Last Data Update: January 22, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 1729 Lowrie St, Pittsburgh, PA 15212
    County: Allegheny
    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)
  • Financial Summary
  • Total assets: $26.4 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, 2001)

  • Dollar figures in thousands
  • 6Total employees (full-time equivalent)
  • $27,031Total assets
  • $3,063Cash and due from depository institutions
  • $2,951Interest-bearing balances
  • $16,240Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $6,707Net loans & leases
  • $40Loan loss allowance
  • $0Trading account assets
  • $218Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $803All other assets
  • $27,031Total liabilities and capital
  • $25,118Total liabilities
  • $12,812Total deposits
  • $12,620Interest-bearing deposits
  • $12,812Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,157Other borrowed funds
  • $0Subordinated debt
  • $149All other liabilities
  • $1,913Total equity capital
  • $1,913Total bank equity capital
  • $1,913Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $1,913Noncurrent loans and leases
  • $1,138Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $180Earning assets
  • $0Long-term assets (5+ years)
  • $73Average Assets, year-to-date
  • $25,898Average Assets, quarterly
  • $0Volatile liabilities
  • $26,723Insider loans
  • $26,955FHLB advances
  • $13,604Loans and leases held for sale
  • $191Unused loan commitments
  • $12,157Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $838Total unused commitments
  • $0Restructured Loans and leases
  • $40Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,649Total interest income
  • $1,279Total interest expense
  • $370Net interest income
  • $12Provision for loan and lease losses
  • $65Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $576Total noninterest expense
  • $342Salaries and employee benefits
  • $120Premises and equipment expense
  • $114Additional noninterest expense
  • -$153Pre-tax net operating income
  • $160Securities gains (losses)
  • $1Applicable income taxes
  • $6Income before extraordinary items
  • $0Extraordinary gains - net
  • $6Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$8Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.45%Yield on earning assets
  • 5.00%Cost of funding earning assets
  • 1.45%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 2.25%Noninterest expense to earning assets
  • -0.49%Net operating income to assets
  • 0.02%Return on assets (ROA)
  • 0.03%Pretax return on assets
  • 0.32%Return on equity (ROE)
  • 0.32%Retained earnings to average equity (YTD only)
  • -0.12%Net charge-offs to loans
  • -150.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 132,414Assets per employee
  • 4.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.59%Loss allowance to noncurrent loans
  • 22.22%Noncurrent assets plus other real estate owned to assets
  • 0.67%Noncurrent loans to loans
  • 2.67%Net loans and leases to deposits
  • 52.35%Net loans and leases to core deposits
  • 59.01%Equity capital to assets
  • 7.08%Core capital (leverage) ratio
  • 6.69%Tier 1 risk-based capital ratio
  • 20.48%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $26,723Average earning assets
  • $1,847Average equity
  • $25,563Average loans

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