Founders' Bank in Bryn Mawr, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 03, 2002

  • Founders' Bank in Bryn Mawr, Pennsylvania (PA)
  • Show street view No street view available for this location

Founders' Bank - Overview

  • General
  • FDIC Certificate #: 27296
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Susquehanna Bank DV (#6443)
    Federal Reserve ID: 1211700
    Date Established: July 14, 1988
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    OTS Docket #: 9283
    FDIC's unique #: 39443
    Numeric code: 13
    Regulator: FED
    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 14, 1988
    Last Structure Change Effective Date: August 03, 2002
    Last Structure Change Process Date: October 30, 2002
    Last Data Update: October 30, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 Bryn Mawr Avenue, Bryn Mawr, PA 19010
    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)
  • Financial Summary
  • Total assets: $179.5 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
  • 27Total employees (full-time equivalent)
  • $169,751Total assets
  • $3,234Cash and due from depository institutions
  • $35Interest-bearing balances
  • $36,578Securities
  • $2,880Federal funds sold & reverse repurchase agreements
  • $118,526Net loans & leases
  • $1,656Loan loss allowance
  • $0Trading account assets
  • $342Bank premises and fixed assets
  • $698Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,493All other assets
  • $169,751Total liabilities and capital
  • $157,023Total liabilities
  • $143,104Total deposits
  • $115,585Interest-bearing deposits
  • $143,104Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,761Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,000Other borrowed funds
  • $0Subordinated debt
  • $1,158All other liabilities
  • $12,728Total equity capital
  • $12,728Total bank equity capital
  • $12,728Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $9,018Undivided profits
  • Memoranda
  • $3,610Noncurrent loans and leases
  • $37,761Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $69Earning assets
  • $0Long-term assets (5+ years)
  • $623Average Assets, year-to-date
  • $158,019Average Assets, quarterly
  • $11,539Volatile liabilities
  • $162,389Insider loans
  • $164,937FHLB advances
  • $13,741Loans and leases held for sale
  • $2,523Unused loan commitments
  • $10,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $37,761Total unused commitments
  • $0Restructured Loans and leases
  • $1,656Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $10,930Total interest income
  • $4,073Total interest expense
  • $6,857Net interest income
  • $198Provision for loan and lease losses
  • $9,658Total noninterest income
  • $0Fiduciary activities
  • $202Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,456Additional noninterest income
  • $12,499Total noninterest expense
  • $1,604Salaries and employee benefits
  • $330Premises and equipment expense
  • $10,565Additional noninterest expense
  • $3,818Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,002Applicable income taxes
  • $2,816Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,816Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $1,011Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.25%Yield on earning assets
  • 2.70%Cost of funding earning assets
  • 4.55%Net interest margin
  • 6.41%Noninterest income to earning assets
  • 8.29%Noninterest expense to earning assets
  • 1.73%Net operating income to assets
  • 1.73%Return on assets (ROA)
  • 2.35%Pretax return on assets
  • 24.67%Return on equity (ROE)
  • 15.82%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 2828.57%Credit loss provision to net charge-offs
  • 573.71%Efficiency ratio
  • 75,683Assets per employee
  • 6.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.90%Loss allowance to loans
  • 1.38%Loss allowance to noncurrent loans
  • 2400.00%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.06%Net loans and leases to deposits
  • 82.83%Net loans and leases to core deposits
  • 88.37%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 7.49%Tier 1 risk-based capital ratio
  • 9.18%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $162,389Average earning assets
  • $11,412Average equity
  • $150,757Average loans

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Founders' Bank.
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.
Table of Contents