FDIC Certificate #: 34423 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Keystone Financial Bank, National Association (#7712) Federal Reserve ID: 2488620 Date Established: January 06, 1997 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 57186 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 06, 1997 Last Structure Change Effective Date: December 31, 1998 Last Structure Change Process Date: Febuary 05, 1999 Last Data Update: Febuary 05, 1999 Data Source Date: April 05, 2012
Location
Address: 2270 Erin Court, Lancaster, PA 17601 County: Lancaster Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Harrisburg Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Lancaster, PA (#4000) Core Based Statistical Area (CBSA): Lancaster, PA (#29540) CBSA Metro Statistical Area: Lancaster, PA (#29540)
Financial Summary
Total assets: $115.5 mil
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
162Total employees (full-time equivalent)
$70,944Total assets
$1,793Cash and due from depository institutions
$58Interest-bearing balances
$1,324Securities
$1,600Federal funds sold & reverse repurchase agreements
$51,567Net loans & leases
$476Loan loss allowance
$0Trading account assets
$1,470Bank premises and fixed assets
$0Other real estate owned
$6,974Goodwill and other intangibles
$0Life insurance assets
$6,216All other assets
$70,944Total liabilities and capital
$61,198Total liabilities
$55,947Total deposits
$22,979Interest-bearing deposits
$55,947Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$5,251All other liabilities
$9,746Total equity capital
$9,746Total bank equity capital
$9,746Perpetual preferred stock
$0Common stock
$1,000Surplus
$6,747Undivided profits
Memoranda
$1,999Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$96Earning assets
$0Long-term assets (5+ years)
$574Average Assets, year-to-date
$54,549Average Assets, quarterly
$12,175Volatile liabilities
$59,045Insider loans
$69,174FHLB advances
$1,421Loans and leases held for sale
$63Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$37,211Total risk weighted assets
$52,525Total unused commitments
$0Restructured Loans and leases
$38,748Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,679Total interest income
$384Total interest expense
$3,295Net interest income
$500Provision for loan and lease losses
$12,140Total noninterest income
$0Fiduciary activities
$3Service charges on deposit accounts
$0Trading account gains & fees
$12,137Additional noninterest income
$11,561Total noninterest expense
$6,787Salaries and employee benefits
$1,120Premises and equipment expense
$3,654Additional noninterest expense
$3,374Pre-tax net operating income
$0Securities gains (losses)
$1,264Applicable income taxes
$2,110Income before extraordinary items
$0Extraordinary gains - net
$2,110Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$24Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.23%Yield on earning assets
0.86%Cost of funding earning assets
7.37%Net interest margin
27.15%Noninterest income to earning assets
25.85%Noninterest expense to earning assets
3.57%Net operating income to assets
3.57%Return on assets (ROA)
5.71%Pretax return on assets
24.26%Return on equity (ROE)
24.26%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
2083.33%Credit loss provision to net charge-offs
161.42%Efficiency ratio
74,636Assets per employee
0.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
495.83%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.18%Net loans and leases to deposits
92.17%Net loans and leases to core deposits
94.57%Equity capital to assets
13.74%Core capital (leverage) ratio
11.76%Tier 1 risk-based capital ratio
19.64%Total risk-based capital ratio
Memoranda
$21Average assets
$59,045Average earning assets
$8,696Average equity
$44,718Average loans
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