First Philson Bank, National Association in Berlin, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 15, 1999

First Philson Bank, National Association in Berlin, Pennsylvania (PA)
Show street view No street view available for this location

First Philson Bank, National Association - Overview

General
FDIC Certificate #: 7859
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Promistar Bank (#14501)
Federal Reserve ID: 117029
Date Established: April 17, 1900
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 10 (Interstate: No)
FDIC's unique #: 5048
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: July 15, 1999
Last Structure Change Process Date: August 11, 1999
Last Data Update: August 11, 1999
Data Source Date: April 05, 2012
Location
Address: 534 Main Street, Berlin, PA 15530
County: Somerset
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): Johnstown, PA (#3680)
Core Based Statistical Area (CBSA): Somerset, PA (#43740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $219.6 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
103Total employees (full-time equivalent)
$211,751Total assets
$10,301Cash and due from depository institutions
$0Interest-bearing balances
$87,774Securities
$2,700Federal funds sold & reverse repurchase agreements
$104,391Net loans & leases
$2,667Loan loss allowance
$0Trading account assets
$3,503Bank premises and fixed assets
$1Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,081All other assets
$211,751Total liabilities and capital
$188,168Total liabilities
$185,303Total deposits
$160,590Interest-bearing deposits
$185,303Deposits held in domestic offices
0.00%% insured (estimated)
$1,807Federal funds purchased & repurchase agreements
$0Trading liabilities
$134Other borrowed funds
$0Subordinated debt
$924All other liabilities
$23,583Total equity capital
$23,583Total bank equity capital
$23,583Perpetual preferred stock
$0Common stock
$4,356Surplus
$11,644Undivided profits
Memoranda
$7,583Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$227Earning assets
$0Long-term assets (5+ years)
$606Average Assets, year-to-date
$194,865Average Assets, quarterly
$55,495Volatile liabilities
$206,695Insider loans
$211,896FHLB advances
$8,997Loans and leases held for sale
$868Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,326Total unused commitments
$0Restructured Loans and leases
$135,370Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$14,787Total interest income
$5,871Total interest expense
$8,916Net interest income
$0Provision for loan and lease losses
$1,010Total noninterest income
$0Fiduciary activities
$595Service charges on deposit accounts
$0Trading account gains & fees
$415Additional noninterest income
$6,065Total noninterest expense
$3,325Salaries and employee benefits
$907Premises and equipment expense
$1,833Additional noninterest expense
$3,861Pre-tax net operating income
$0Securities gains (losses)
$1,025Applicable income taxes
$2,836Income before extraordinary items
$0Extraordinary gains - net
$2,836Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$42Sale, conversion, retirement of capital stock, net
$1,500Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.67%Yield on earning assets
3.05%Cost of funding earning assets
4.63%Net interest margin
0.52%Noninterest income to earning assets
3.15%Noninterest expense to earning assets
1.37%Net operating income to assets
1.37%Return on assets (ROA)
1.87%Pretax return on assets
12.43%Return on equity (ROE)
5.86%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
91.93%Efficiency ratio
61,102Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.89%Loss allowance to loans
2.49%Loss allowance to noncurrent loans
1174.89%Noncurrent assets plus other real estate owned to assets
0.11%Noncurrent loans to loans
0.21%Net loans and leases to deposits
56.34%Net loans and leases to core deposits
58.57%Equity capital to assets
11.14%Core capital (leverage) ratio
10.89%Tier 1 risk-based capital ratio
17.18%Total risk-based capital ratio
Memoranda
$18Average assets
$206,695Average earning assets
$22,816Average equity
$192,684Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Philson Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.