Firstrust Savings Bank in Conshohocken, Pennsylvania (PA), NJ
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Firstrust Savings Bank in Conshohocken, Pennsylvania (PA), NJ
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Firstrust Savings Bank - Overview

  • General
  • FDIC Certificate #: 26647
    Status: Active
    Federal Reserve ID: 932978
    Date Established: January 01, 1934
    WWW: http://www.firstrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 24 (Domestic: 24, Interstate: Yes)
    OTS Docket #: 2706
    FDIC's unique #: 35379
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 19, 1986
    Last Structure Change Effective Date: October 10, 2008
    Last Structure Change Process Date: October 10, 2008
    Last Data Update: October 10, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 15 East Ridge Pike, Conshohocken, PA 19428
    County: Montgomery
    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)
  • History of Changes
  • Change in Trust Powers
  • Financial Summary
  • Total assets: $2,487.2 mil
    Equity capital: $280.2 mil
    Deposits held in domestic offices: $1,995.0 mil
    Return on assets (ROA): 1.07% ($26.6 mil)
    Quarterly return on assets: -1.07% (-$26.6 mil)
    Return on Equity (ROE): 9.54% ($26.7 mil)
    Quarterly return on equity: -9.35% (-$26.2 mil)
    Net income: $26.1 mil
    Quarterly Net income: -$6.7 mil
    Pretax return on assets: 1.08% ($26,861.7 mil)
    Quarterly Pretax return on assets: -1.27% (-$31,587.3 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
  • 417Total employees (full-time equivalent)
  • $2,487,192Total assets
  • $410,838Cash and due from depository institutions
  • $363,802Interest-bearing balances
  • $232,301Securities
  • $90Federal funds sold & reverse repurchase agreements
  • $1,780,377Net loans & leases
  • $44,915Loan loss allowance
  • $0Trading account assets
  • $9,361Bank premises and fixed assets
  • $6,201Other real estate owned
  • $97Goodwill and other intangibles
  • $2,487,192Life insurance assets
  • $47,927All other assets
  • $2,207,015Total liabilities and capital
  • $1,995,027Total liabilities
  • $1,569,279Total deposits
  • $1,995,027Interest-bearing deposits
  • $58Deposits held in domestic offices
  • 149916.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,963Trading liabilities
  • $0Other borrowed funds
  • $56,109Subordinated debt
  • $280,177All other liabilities
  • $280,177Total equity capital
  • $280,177Total bank equity capital
  • $0Perpetual preferred stock
  • $3,105Common stock
  • $117,157Surplus
  • $159,915Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,635Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $38,009Income earned, not collected on loans
  • $1,302Earning assets
  • $10,210Long-term assets (5+ years)
  • $2,376,570Average Assets, year-to-date
  • $580,325Average Assets, quarterly
  • $2,425,589Volatile liabilities
  • $2,500,475Insider loans
  • $1,988,602FHLB advances
  • $2,516,361Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $270,237Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $668,224Restructured Loans and leases
  • $1,571Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $111,331Total interest income
  • $13,029Total interest expense
  • $98,302Net interest income
  • -$9,267Provision for loan and lease losses
  • $15,757Total noninterest income
  • $0Fiduciary activities
  • $4,838Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,919Additional noninterest income
  • $107,240Total noninterest expense
  • $72,551Salaries and employee benefits
  • $7,629Premises and equipment expense
  • $27,060Additional noninterest expense
  • $16,086Pre-tax net operating income
  • $10,047Securities gains (losses)
  • $60Applicable income taxes
  • $26,073Income before extraordinary items
  • $0Extraordinary gains - net
  • $26,073Net income attributable to bank
  • $0Net charge-offs
  • $26,073Cash dividends
  • $3,731Sale, conversion, retirement of capital stock, net
  • $4,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 0.56%Cost of funding earning assets
  • 4.22%Net interest margin
  • 0.68%Noninterest income to earning assets
  • 4.61%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 1.07%Return on assets (ROA)
  • 1.08%Pretax return on assets
  • 9.54%Return on equity (ROE)
  • 8.08%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • -248.38%Credit loss provision to net charge-offs
  • 1.83%Efficiency ratio
  • 94,022Assets per employee
  • 5.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.34%Loss allowance to loans
  • 2.46%Loss allowance to noncurrent loans
  • 118.17%Noncurrent assets plus other real estate owned to assets
  • 1.78%Noncurrent loans to loans
  • 2.08%Net loans and leases to deposits
  • 89.24%Net loans and leases to core deposits
  • 94.42%Equity capital to assets
  • 11.26%Core capital (leverage) ratio
  • 10.74%Tier 1 risk-based capital ratio
  • 13.59%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,425,589Average earning assets
  • $273,253Average equity
  • $2,328,737Average 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
  • $77Managed Assets
  • 1Number 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
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $77Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    104362758Greentree Mews Branch600 North Route 73, Suites #1 And #4, Marlton, NJ 8053December 17, 2001Full Service Brick and Mortar
  • 23 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035379Firstrust Savings Bank15 East Ridge Pike, Conshohocken, PA 19428January 01, 1934Full Service Brick and Mortar
    2271972Sixteeenth And Kennedy Branch1515 Market Street, Philadelphia, PA 19102June 01, 1934Full Service Brick and Mortar
    3271973Point Breeze Avenue Branch1332 Point Breeze Avenue, Philadelphia, PA 19146June 01, 1934Full Service Brick and Mortar
    5271975Hamilton Mall Branch701 Hamilton Mall, Allentown, PA 18101June 01, 1934Full Service Brick and Mortar
    6271976Castor And Cottman BranchCastor And Cottman Avenue, Philadelphia, PA 19149June 01, 1934Full Service Brick and Mortar
    7271977Allentown Branch1403 North Cedar Crest Boulevard, Allentown, PA 18104June 01, 1934Full Service Brick and Mortar
    8271978Krewstown Shopping Center Branch9309 Krewstown Rd., Philadelphia, PA 19115June 01, 1934Full Service Brick and Mortar
    9271979Walnut Street Branch1901 Walnut Street, Philadelphia, PA 19103June 01, 1934Full Service Brick and Mortar
    10271980Frankford Avenue Branch7345 Frankford Avenue, Philadelphia, PA 19136June 01, 1934Full Service Brick and Mortar
    1141808South Fifth Street Branch111 South Independence Mall East, Philadelphia, PA 19106June 01, 1934Full Service Brick and Mortar
    12259824Coulter Avenue Branch107 Coulter Avenue, Ardmore, PA 19003September 29, 1986Full Service Brick and Mortar
    13259825Southampton Branch361 Second Street Pike, Southampton, PA 18966November 26, 1988Full Service Brick and Mortar
    16259828City Branch555 City Avenue, Bala-Cynwyd, PA 19004October 14, 1995Full Service Brick and Mortar
    17259829Gladwyne Branch351 Conshohocken State Road, Gladwyne, PA 19035December 05, 1995Full Service Brick and Mortar
    19259831New Britain Village Square Branch4275 County Line Road, Chalfont, PA 18914June 19, 1996Full Service Brick and Mortar
    20259832Flourtown Branch1816 Bethlehem Pike, Flourtown, PA 19031October 16, 1996Full Service Brick and Mortar
    21259833288 South Main Branch288 South Main Street, Doylestown, PA 18901March 10, 1999Full Service Brick and Mortar
    105362759Cathedral Village Branch600 Cathedral Road, Philadelphia, PA 19128December 11, 2001Full Service Brick and Mortar
    106362763Yardley Branch385 Oxford Valley Road, Yardley, PA 19067December 19, 2001Full Service Brick and Mortar
    107365750Devon Branch133 Lancaster Avenue, Devon, PA 19333December 02, 2002Full Service Brick and Mortar
    108419730Jenkintown Branch261 Old York Road, Jenkintown, PA 19046June 01, 2003Full Service Brick and Mortar
    109434064West Lancaster Branch725 West Lancaster Avenue, Bryn Mawr, PA 19010November 12, 2004Full Service Brick and Mortar
    110470598Goodnoe's Corner Branch11 Durham Road, Newtown, PA 18940November 15, 2007Full Service Brick and Mortar

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