Jersey Shore State Bank in Jersey Shore, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Jersey Shore State Bank - Overview

  • General
  • FDIC Certificate #: 14359
    Status: Active
    Federal Reserve ID: 732918
    Bank Holding Company (Regulatory Top Holder): Penns Woods Bancorp, Inc. (RSSDID: 1117688, Location: Jersey Shore, PA)
    Date Established: May 12, 1934
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 15 (Domestic: 14, Interstate: No)
    OTS Docket #: 9686
    FDIC's unique #: 8973
    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: Commercial Lending Specialization
    Date of Deposit Insurance: May 12, 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: 115 South Main Street, Jersey Shore, PA 17740
    County: Lycoming
    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
    Metropolitan Statistical Area (MSA): Williamsport, PA (#9140)
    Combined Statistical Area (CSA): Williamsport-Lock Haven, PA (#558)
    Core Based Statistical Area (CBSA): Williamsport, PA (#48700)
    CBSA Metro Statistical Area: Williamsport, PA (#48700)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $753.3 mil
    Equity capital: $67.8 mil
    Deposits held in domestic offices: $583.6 mil
    Return on assets (ROA): 1.68% ($12.7 mil)
    Quarterly return on assets: 1.68% ($12.7 mil)
    Return on Equity (ROE): 19.81% ($13.5 mil)
    Quarterly return on equity: 18.75% ($12.8 mil)
    Net income: $12.1 mil
    Quarterly Net income: $3.1 mil
    Pretax return on assets: 1.94% ($14,613.8 mil)
    Quarterly Pretax return on assets: 1.93% ($14,538.5 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, 2011)

  • Dollar figures in thousands
  • 172Total employees (full-time equivalent)
  • $753,288Total assets
  • $13,396Cash and due from depository institutions
  • $55Interest-bearing balances
  • $255,492Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $432,663Net loans & leases
  • $7,154Loan loss allowance
  • $0Trading account assets
  • $7,536Bank premises and fixed assets
  • $2,144Other real estate owned
  • $3,032Goodwill and other intangibles
  • $753,288Life insurance assets
  • $39,025All other assets
  • $685,518Total liabilities and capital
  • $583,569Total liabilities
  • $470,310Total deposits
  • $583,569Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 13153.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $77,793Trading liabilities
  • $0Other borrowed funds
  • $11,003Subordinated debt
  • $67,770All other liabilities
  • $67,770Total equity capital
  • $67,770Total bank equity capital
  • $0Perpetual preferred stock
  • $1,020Common stock
  • $11,657Surplus
  • $55,093Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,787Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,010Income earned, not collected on loans
  • $0Earning assets
  • $3,899Long-term assets (5+ years)
  • $688,210Average Assets, year-to-date
  • $392,078Average Assets, quarterly
  • $719,307Volatile liabilities
  • $747,789Insider loans
  • $500,929FHLB advances
  • $733,554Loans and leases held for sale
  • $16,066Unused loan commitments
  • $13,070Tier 1 (core) risk-based capital
  • $60,454Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,996Total unused commitments
  • $80,320Restructured Loans and leases
  • $14,073Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $36,071Total interest income
  • $7,662Total interest expense
  • $28,409Net interest income
  • $2,700Provision for loan and lease losses
  • $7,583Total noninterest income
  • $0Fiduciary activities
  • $2,021Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,562Additional noninterest income
  • $19,453Total noninterest expense
  • $10,415Salaries and employee benefits
  • $2,626Premises and equipment expense
  • $6,412Additional noninterest expense
  • $13,839Pre-tax net operating income
  • $125Securities gains (losses)
  • $1,862Applicable income taxes
  • $12,102Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,102Net income attributable to bank
  • $0Net charge-offs
  • $12,102Cash dividends
  • $1,581Sale, conversion, retirement of capital stock, net
  • $7,266Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.51%Yield on earning assets
  • 1.17%Cost of funding earning assets
  • 4.34%Net interest margin
  • 1.16%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 1.67%Net operating income to assets
  • 1.68%Return on assets (ROA)
  • 1.94%Pretax return on assets
  • 19.81%Return on equity (ROE)
  • 7.92%Retained earnings to average equity (YTD only)
  • 0.37%Net charge-offs to loans
  • 170.78%Credit loss provision to net charge-offs
  • 10.46%Efficiency ratio
  • 54,048Assets per employee
  • 4.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 60.04%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 59.57%Noncurrent assets plus other real estate owned to assets
  • 1.88%Noncurrent loans to loans
  • 2.73%Net loans and leases to deposits
  • 74.14%Net loans and leases to core deposits
  • 77.09%Equity capital to assets
  • 9.00%Core capital (leverage) ratio
  • 8.24%Tier 1 risk-based capital ratio
  • 12.07%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $719,307Average earning assets
  • $61,099Average equity
  • $654,551Average loans

List of branches

  • 15 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08973Jersey Shore State Bank115 South Main Street, Jersey Shore, PA 17740May 12, 1934Full Service Brick and Mortar
    1231362Bridge Street Branch112 Bridge Street, Jersey Shore, PA 17740May 01, 1971Full Service Brick and Mortar
    2231363Duboistown Branch2675 Euclid Avenue, Duboistown, PA 17701May 12, 1975Full Service Brick and Mortar
    3231364Williamsport Branch300 Market Street, Williamsport, PA 17701January 18, 1982Full Service Brick and Mortar
    4231365Drive-Up Facility300 Market Street, Williamsport, PA 17701Febuary 19, 1985Limited Service Facility
    5231366Montgomery Branch9094 Rt. 405 Highway, Montgomery, PA 17752September 12, 1987Full Service Brick and Mortar
    641605Lock Haven Branch4 West Main Street, Lock Haven, PA 17745January 01, 1922Full Service Brick and Mortar
    7270470Mill Hall, Wal-Mart Branch173 Hogan Boulevard, Mill Hall, PA 17751January 01, 1922Full Service Retail
    105010Spring Mills BranchRoss Hill Road, Spring Mills, PA 16875September 01, 1918Full Service Brick and Mortar
    11231367Zion Branch100 Cobblestone Road, Bellefonte, PA 16823May 08, 1999Full Service Brick and Mortar
    12231368Centre Hall Branch2842 Earlystown Road, Centre Hall, PA 16828January 11, 1999Full Service Brick and Mortar
    15440462North Atherton Branch2050 North Atherton Street, State College, PA 16803May 16, 2005Full Service Brick and Mortar
    16456042Montoursville Branch820 Broad Street, Montoursville, PA 17754August 14, 2006Full Service Brick and Mortar
    17470770The Williamsport Home Messenger Bran1900 Ravine Road, Williamsport, PA 17701January 08, 2008Limited Service Messenger
    18527920Danville Branch606 Continental Blvd, Danville, PA 17821January 12, 2012Full Service Brick and Mortar

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