Hamlin Bank and Trust Company in Smethport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Hamlin Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 11113
    Status: Active
    Federal Reserve ID: 291611
    Date Established: December 31, 1863
    WWW: http://www.hamlinbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12884
    FDIC's unique #: 7097
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 West Main Street, Smethport, PA 16749
    County: Mckean
    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
    Core Based Statistical Area (CBSA): Bradford, PA (#14620)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $414.4 mil
    Equity capital: $67.8 mil
    Deposits held in domestic offices: $335.5 mil
    Return on assets (ROA): 1.47% ($6.1 mil)
    Quarterly return on assets: 1.37% ($5.7 mil)
    Return on Equity (ROE): 8.89% ($6.0 mil)
    Quarterly return on equity: 8.33% ($5.7 mil)
    Net income: $5.9 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 2.00% ($8,288.1 mil)
    Quarterly Pretax return on assets: 1.80% ($7,459.3 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
  • 80Total employees (full-time equivalent)
  • $414,407Total assets
  • $43,122Cash and due from depository institutions
  • $37,676Interest-bearing balances
  • $195,358Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $168,716Net loans & leases
  • $2,201Loan loss allowance
  • $0Trading account assets
  • $2,256Bank premises and fixed assets
  • $501Other real estate owned
  • $0Goodwill and other intangibles
  • $414,407Life insurance assets
  • $4,454All other assets
  • $346,631Total liabilities and capital
  • $335,518Total liabilities
  • $300,307Total deposits
  • $335,518Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,113Subordinated debt
  • $67,776All other liabilities
  • $67,776Total equity capital
  • $67,776Total bank equity capital
  • $0Perpetual preferred stock
  • $983Common stock
  • $11,983Surplus
  • $54,810Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,918Income earned, not collected on loans
  • $0Earning assets
  • $2,043Long-term assets (5+ years)
  • $401,750Average Assets, year-to-date
  • $218,141Average Assets, quarterly
  • $402,630Volatile liabilities
  • $412,931Insider loans
  • $220,221FHLB advances
  • $398,201Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $57,674Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,440Restructured Loans and leases
  • $300Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $19,062Total interest income
  • $3,814Total interest expense
  • $15,248Net interest income
  • $600Provision for loan and lease losses
  • $861Total noninterest income
  • $315Fiduciary activities
  • $481Service charges on deposit accounts
  • $0Trading account gains & fees
  • $65Additional noninterest income
  • $7,415Total noninterest expense
  • $4,339Salaries and employee benefits
  • $859Premises and equipment expense
  • $2,217Additional noninterest expense
  • $8,094Pre-tax net operating income
  • -$38Securities gains (losses)
  • $2,122Applicable income taxes
  • $5,934Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,934Net income attributable to bank
  • $0Net charge-offs
  • $5,934Cash dividends
  • $554Sale, conversion, retirement of capital stock, net
  • $3,260Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 0.98%Cost of funding earning assets
  • 3.91%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 1.90%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 2.00%Pretax return on assets
  • 8.89%Return on equity (ROE)
  • 4.01%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 108.30%Credit loss provision to net charge-offs
  • 15.69%Efficiency ratio
  • 46,030Assets per employee
  • 5.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.94%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 75.43%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 50.29%Net loans and leases to core deposits
  • 54.74%Equity capital to assets
  • 16.35%Core capital (leverage) ratio
  • 14.48%Tier 1 risk-based capital ratio
  • 26.19%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $402,630Average earning assets
  • $66,748Average equity
  • $389,580Average 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
  • $58,920Managed Assets
  • 1Number of Accounts
  • $54,134Personal trust and agency accounts
  • $40,372Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $11,188Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,761Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $813Non-managed Assets
  • 195Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,786Other retirement accounts
  • $4,755Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07097Hamlin Bank And Trust Company333 West Main Street, Smethport, PA 16749December 31, 1863Full Service Brick and Mortar
    1224037Kane Branch34 Fraley Street, Kane, PA 16735July 01, 1963Full Service Brick and Mortar
    2224038Kane Drive-In Branch2 Birch Street, Kane, PA 16735June 19, 1961Limited Service Facility
    3224039Mount Jewett Branch35 East Main Street, Mount Jewett, PA 16740October 01, 1962Full Service Brick and Mortar
    4224040East Water Street Branch325 East Water Street, Smethport, PA 16749July 11, 1972Limited Service Facility
    54862Eldred Branch151 Main Street, Eldred, PA 16731January 01, 1909Full Service Brick and Mortar
    6224041Bradford Branch671 East Main Street, Bradford, PA 16701July 01, 1996Full Service Brick and Mortar

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