Lock Haven Savings Bank in Lock Haven, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 07, 1995

Lock Haven Savings Bank in Lock Haven, Pennsylvania (PA)
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Lock Haven Savings Bank - Overview

General
FDIC Certificate #: 28771
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Jersey Shore State Bank (#14359)
Federal Reserve ID: 157874
Date Established: January 01, 1922
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 4 (Interstate: No)
OTS Docket #: 2330
FDIC's unique #: 41605
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: October 20, 1953
Last Structure Change Effective Date: April 07, 1995
Last Structure Change Process Date: May 08, 1995
Last Data Update: May 08, 1995
Data Source Date: April 05, 2012
Location
Address: 4 West Main Street, Lock Haven, PA 17745
County: Clinton
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
Combined Statistical Area (CSA): Williamsport-Lock Haven, PA (#558)
Core Based Statistical Area (CBSA): Lock Haven, PA (#30820)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $37.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$22Total assets
$38,057Cash and due from depository institutions
$4,778Interest-bearing balances
$3,409Securities
$5,871Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$26,164Loan loss allowance
$131Trading account assets
$0Bank premises and fixed assets
$467Other real estate owned
$201Goodwill and other intangibles
$576Life insurance assets
$0All other assets
$0Total liabilities and capital
$38,057Total liabilities
$35,283Total deposits
$35,032Interest-bearing deposits
$34,948Deposits held in domestic offices
35032.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$251Total equity capital
$251Total bank equity capital
$2,774Perpetual preferred stock
$0Common stock
$104Surplus
$915Undivided profits
Memoranda
$1,755Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$57Income earned, not collected on loans
$202Earning assets
$35,444Long-term assets (5+ years)
$14,406Average Assets, year-to-date
$39,275Average Assets, quarterly
$38,848Volatile liabilities
$121Insider loans
$110FHLB advances
$0Loans and leases held for sale
$745Unused loan commitments
$1,158Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$2,774Total risk weighted assets
$17,867Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$2,762Total interest expense
$1,166Net interest income
$1,596Provision for loan and lease losses
$2Total noninterest income
$221Fiduciary activities
$0Service charges on deposit accounts
$65Trading account gains & fees
$0Additional noninterest income
$156Total noninterest expense
$1,551Salaries and employee benefits
$706Premises and equipment expense
$156Additional noninterest expense
$689Pre-tax net operating income
$272Securities gains (losses)
$6Applicable income taxes
$149Income before extraordinary items
$121Extraordinary gains - net
$0Net income attributable to bank
$121Net charge-offs
$3Cash dividends
$20Sale, conversion, retirement of capital stock, net
$201Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.57%Cost of funding earning assets
3.19%Net interest margin
4.37%Noninterest income to earning assets
0.61%Noninterest expense to earning assets
4.25%Net operating income to assets
0.30%Return on assets (ROA)
0.31%Pretax return on assets
0.69%Return on equity (ROE)
4.57%Retained earnings to average equity (YTD only)
3.81%Net charge-offs to loans
0.01%Credit loss provision to net charge-offs
66.67%Efficiency ratio
85,360Assets per employee
1.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.53%Loss allowance to loans
0.50%Loss allowance to noncurrent loans
229.82%Noncurrent assets plus other real estate owned to assets
0.68%Noncurrent loans to loans
0.22%Net loans and leases to deposits
74.69%Net loans and leases to core deposits
74.94%Equity capital to assets
7.29%Core capital (leverage) ratio
7.11%Tier 1 risk-based capital ratio
15.53%Total risk-based capital ratio
Memoranda
$16Average assets
$39,275Average earning assets
$2,649Average equity
$36,508Average loans

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