FirstService Bank in Doylestown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 25, 2003

  • FirstService Bank in Doylestown, Pennsylvania (PA)
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FirstService Bank - Overview

  • General
  • FDIC Certificate #: 34042
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Penn Bank (#7414)
    Federal Reserve ID: 2318110
    Date Established: July 12, 1995
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Interstate: No)
    FDIC's unique #: 56020
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 12, 1995
    Last Structure Change Effective Date: Febuary 25, 2003
    Last Structure Change Process Date: April 10, 2003
    Last Data Update: April 10, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 90 North Main Street, Doylestown, PA 18901
    County: Bucks
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $399.6 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, 2002)

  • Dollar figures in thousands
  • 126Total employees (full-time equivalent)
  • $399,619Total assets
  • $27,024Cash and due from depository institutions
  • $10,442Interest-bearing balances
  • $116,762Securities
  • $6,965Federal funds sold & reverse repurchase agreements
  • $221,403Net loans & leases
  • $3,331Loan loss allowance
  • $0Trading account assets
  • $13,073Bank premises and fixed assets
  • $0Other real estate owned
  • $4,616Goodwill and other intangibles
  • $0Life insurance assets
  • $9,776All other assets
  • $399,619Total liabilities and capital
  • $368,168Total liabilities
  • $291,741Total deposits
  • $231,812Interest-bearing deposits
  • $291,741Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $68,765Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,000Other borrowed funds
  • $0Subordinated debt
  • $2,662All other liabilities
  • $31,451Total equity capital
  • $31,451Total bank equity capital
  • $31,451Perpetual preferred stock
  • $0Common stock
  • $4,305Surplus
  • $19,153Undivided profits
  • Memoranda
  • $7,993Noncurrent loans and leases
  • $57,437Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $598Earning assets
  • $0Long-term assets (5+ years)
  • $1,713Average Assets, year-to-date
  • $355,572Average Assets, quarterly
  • $68,616Volatile liabilities
  • $376,140Insider loans
  • $391,076FHLB advances
  • $107,159Loans and leases held for sale
  • $1,781Unused loan commitments
  • $5,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $631Total risk weighted assets
  • $57,437Total unused commitments
  • $0Restructured Loans and leases
  • $3,282Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $20,626Total interest income
  • $6,382Total interest expense
  • $14,244Net interest income
  • $654Provision for loan and lease losses
  • $4,606Total noninterest income
  • $0Fiduciary activities
  • $785Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,821Additional noninterest income
  • $13,674Total noninterest expense
  • $8,646Salaries and employee benefits
  • $1,705Premises and equipment expense
  • $3,323Additional noninterest expense
  • $4,522Pre-tax net operating income
  • $140Securities gains (losses)
  • $1,122Applicable income taxes
  • $3,540Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,540Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$63Sale, conversion, retirement of capital stock, net
  • $668Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.21%Yield on earning assets
  • 1.92%Cost of funding earning assets
  • 4.29%Net interest margin
  • 1.39%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 12.37%Return on equity (ROE)
  • 10.04%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • -1038.10%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 72,228Assets per employee
  • 3.17%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 18.87%Loss allowance to loans
  • 1.48%Loss allowance to noncurrent loans
  • 557.02%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 75.89%Net loans and leases to core deposits
  • 87.39%Equity capital to assets
  • 7.87%Core capital (leverage) ratio
  • 6.39%Tier 1 risk-based capital ratio
  • 9.56%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $376,140Average earning assets
  • $28,609Average equity
  • $332,373Average loans

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