Hamlin Bank and Trust Company in Smethport, Pennsylvania (PA)



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Hamlin Bank and Trust Company routing number info

Table of contents:
Hamlin Bank and Trust Company
GeneralFDIC 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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)80
Total assets$414,407
Cash and due from depository institutions$43,122
Interest-bearing balances$37,676
Securities$195,358
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$168,716
Loan loss allowance $2,201
Trading account assets$0
Bank premises and fixed assets$2,256
Other real estate owned$501
Goodwill and other intangibles$0
All other assets$4,454
Life insurance assets$414,407
Total liabilities and capital$346,631
Total liabilities$335,518
Total deposits$300,307
Interest-bearing deposits$335,518
Deposits held in domestic offices$86
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $11,113
All other liabilities $67,776
Total equity capital$67,776
Total bank equity capital$67,776
Perpetual preferred stock$0
Common stock$983
Surplus$11,983
Undivided profits $54,810
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,918
Earning assets $0
Long-term assets (5+ years) $2,043
Average Assets, year-to-date $401,750
Average Assets, quarterly $218,141
Volatile liabilities $402,630
Insider loans $412,931
FHLB advances $220,221
Loans and leases held for sale $398,201
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $57,674
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $7,440
Derivatives$300
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $19,062
Total interest expense $3,814
Net interest income $15,248
Provision for loan and lease losses $600
Total noninterest income $861
Fiduciary activities $315
Service charges on deposit accounts $481
Trading account gains & fees $0
Additional noninterest income $65
Total noninterest expense $7,415
Salaries and employee benefits $4,339
Premises and equipment expense $859
Additional noninterest expense $2,217
Pre-tax net operating income $8,094
Securities gains (losses) -$38
Applicable income taxes $2,122
Income before extraordinary items $5,934
Extraordinary gains - net $0
Net income attributable to bank $5,934
Net charge-offs $0
Cash dividends $5,934
Sale, conversion, retirement of capital stock, net $554
Net operating income $3,260
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.89%
Cost of funding earning assets 0.98%
Net interest margin 3.91%
Noninterest income to earning assets 0.22%
Noninterest expense to earning assets 1.90%
Net operating income to assets 1.48%
Return on assets (ROA) 1.47%
Pretax return on assets 2.00%
Return on equity (ROE) 8.89%
Retained earnings to average equity (YTD only) 4.01%
Net charge-offs to loans 0.33%
Credit loss provision to net charge-offs 108.30%
Efficiency ratio15.69%
Assets per employee$46,030
Cash dividends to net income (YTD only)5.18%
Condition Ratios (%)
Loss allowance to loans 54.94%
Loss allowance to noncurrent loans 1.29%
Noncurrent assets plus other real estate owned to assets 75.43%
Noncurrent loans to loans 0.83%
Net loans and leases to deposits1.71%
Net loans and leases to core deposits 50.29%
Equity capital to assets 54.74%
Core capital (leverage) ratio 16.35%
Tier 1 risk-based capital ratio 14.48%
Total risk-based capital ratio 26.19%
Memoranda
Average assets$27
Average earning assets$402,630
Average equity $66,748
Average loans $389,580
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$58,920
Number of Accounts1
Personal trust and agency accounts$54,134
Employee benefit-defined contribution accounts$40,372
Employee benefit-defined benefit accounts$0
Other retirement accounts$11,188
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$1,761
Fiduciary accounts held in foreign offices$0
Non-managed Assets$813
Number of Accounts195
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,786
Corporate trust and agency accounts$4,755
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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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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