Jersey Shore State Bank in Jersey Shore, Pennsylvania (PA)



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Jersey Shore State Bank routing number info

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Jersey Shore State Bank
GeneralFDIC 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
WWW: http://www.jssb.com
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
LocationAddress: 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 ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal 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)
Total employees (full-time equivalent)172
Total assets$753,288
Cash and due from depository institutions$13,396
Interest-bearing balances$55
Securities$255,492
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$432,663
Loan loss allowance $7,154
Trading account assets$0
Bank premises and fixed assets$7,536
Other real estate owned$2,144
Goodwill and other intangibles$3,032
All other assets$39,025
Life insurance assets$753,288
Total liabilities and capital$685,518
Total liabilities$583,569
Total deposits$470,310
Interest-bearing deposits$583,569
Deposits held in domestic offices$82
% insured (estimated)13153.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$77,793
Other borrowed funds $0
Subordinated debt $11,003
All other liabilities $67,770
Total equity capital$67,770
Total bank equity capital$67,770
Perpetual preferred stock$0
Common stock$1,020
Surplus$11,657
Undivided profits $55,093
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,787
Income earned, not collected on loans $12,010
Earning assets $0
Long-term assets (5+ years) $3,899
Average Assets, year-to-date $688,210
Average Assets, quarterly $392,078
Volatile liabilities $719,307
Insider loans $747,789
FHLB advances $500,929
Loans and leases held for sale $733,554
Unused loan commitments $16,066
Tier 1 (core) risk-based capital $13,070
Tier 2 risk-based capital $60,454
Total risk weighted assets $0
Total unused commitments $2,996
Restructured Loans and leases $80,320
Derivatives$14,073
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $36,071
Total interest expense $7,662
Net interest income $28,409
Provision for loan and lease losses $2,700
Total noninterest income $7,583
Fiduciary activities $0
Service charges on deposit accounts $2,021
Trading account gains & fees $0
Additional noninterest income $5,562
Total noninterest expense $19,453
Salaries and employee benefits $10,415
Premises and equipment expense $2,626
Additional noninterest expense $6,412
Pre-tax net operating income $13,839
Securities gains (losses) $125
Applicable income taxes $1,862
Income before extraordinary items $12,102
Extraordinary gains - net $0
Net income attributable to bank $12,102
Net charge-offs $0
Cash dividends $12,102
Sale, conversion, retirement of capital stock, net $1,581
Net operating income $7,266
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.51%
Cost of funding earning assets 1.17%
Net interest margin 4.34%
Noninterest income to earning assets 1.16%
Noninterest expense to earning assets 2.97%
Net operating income to assets 1.67%
Return on assets (ROA) 1.68%
Pretax return on assets 1.94%
Return on equity (ROE) 19.81%
Retained earnings to average equity (YTD only) 7.92%
Net charge-offs to loans 0.37%
Credit loss provision to net charge-offs 170.78%
Efficiency ratio10.46%
Assets per employee$54,048
Cash dividends to net income (YTD only)4.38%
Condition Ratios (%)
Loss allowance to loans 60.04%
Loss allowance to noncurrent loans 1.63%
Noncurrent assets plus other real estate owned to assets 59.57%
Noncurrent loans to loans 1.88%
Net loans and leases to deposits2.73%
Net loans and leases to core deposits 74.14%
Equity capital to assets 77.09%
Core capital (leverage) ratio 9.00%
Tier 1 risk-based capital ratio 8.24%
Total risk-based capital ratio 12.07%
Memoranda
Average assets$13
Average earning assets$719,307
Average equity $61,099
Average loans $654,551
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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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