Keystone State Savings Bank in Sharpsburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 23, 2009

  • Keystone State Savings Bank in Sharpsburg, Pennsylvania (PA)
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Keystone State Savings Bank - Overview

  • General
  • FDIC Certificate #: 28416
    Status: Inactive
    Closing history: Participated in Reorganization
    Acquiring institution: Northwest Savings Bank (#28178)
    Federal Reserve ID: 404774
    Date Established: January 01, 1887
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 1 (Interstate: No)
    OTS Docket #: 1552
    FDIC's unique #: 41250
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 14, 1935
    Last Structure Change Effective Date: October 23, 2009
    Last Structure Change Process Date: November 23, 2009
    Last Data Update: November 23, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 905 Main Street, Sharpsburg, PA 15215
    County: Allegheny
    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): Pittsburgh, PA (#6280)
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • History of Changes
  • Absorption - Without Assistance
    Participated in Reorganization
  • Financial Summary
  • Total assets: $24.6 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, 2008)

  • Dollar figures in thousands
  • 5Total employees (full-time equivalent)
  • $24,597Total assets
  • $7,677Cash and due from depository institutions
  • $7,533Interest-bearing balances
  • $12,312Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $4,090Net loans & leases
  • $47Loan loss allowance
  • $0Trading account assets
  • $172Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $346All other assets
  • $24,597Total liabilities and capital
  • $20,848Total liabilities
  • $20,823Total deposits
  • $20,156Interest-bearing deposits
  • $20,823Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $25All other liabilities
  • $3,749Total equity capital
  • $3,749Total bank equity capital
  • $3,749Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $3,749Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $148Average Assets, year-to-date
  • $23,935Average Assets, quarterly
  • $7,652Volatile liabilities
  • $25,679Insider loans
  • $25,124FHLB advances
  • $1,277Loans and leases held for sale
  • $78Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $47Derivatives

Income and Expense (December 31, 2008)

  • Dollar figures in thousands
  • $1,079Total interest income
  • $659Total interest expense
  • $420Net interest income
  • $0Provision for loan and lease losses
  • $22Total noninterest income
  • $0Fiduciary activities
  • $10Service charges on deposit accounts
  • $0Trading account gains & fees
  • $12Additional noninterest income
  • $550Total noninterest expense
  • $304Salaries and employee benefits
  • $46Premises and equipment expense
  • $200Additional noninterest expense
  • -$108Pre-tax net operating income
  • $0Securities gains (losses)
  • -$11Applicable income taxes
  • -$97Income before extraordinary items
  • $0Extraordinary gains - net
  • -$97Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2008)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.32%Yield on earning assets
  • 2.64%Cost of funding earning assets
  • 1.68%Net interest margin
  • 0.09%Noninterest income to earning assets
  • 2.20%Noninterest expense to earning assets
  • -0.38%Net operating income to assets
  • -0.38%Return on assets (ROA)
  • -0.42%Pretax return on assets
  • -2.55%Return on equity (ROE)
  • -2.55%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 124,434Assets per employee
  • 4.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 19.64%Net loans and leases to core deposits
  • 20.92%Equity capital to assets
  • 15.24%Core capital (leverage) ratio
  • 14.91%Tier 1 risk-based capital ratio
  • 70.64%Total risk-based capital ratio
  • Memoranda
  • $72Average assets
  • $25,679Average earning assets
  • $3,799Average equity
  • $24,979Average loans

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