Mainline National Bank in Portage, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 10, 2012

Mainline National Bank - Overview

  • General
  • FDIC Certificate #: 16171
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: S&T Bank (#11124)
    Federal Reserve ID: 93413
    Bank Holding Company (Regulatory Top Holder): Mainline Bancorp, Inc. (RSSDID: 2067959, Location: Ebensburg, PA)
    Date Established: July 20, 1944
    WWW: http://www.mainlinebank.net
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 13202
    FDIC's unique #: 10379
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: July 20, 1944
    Last Structure Change Effective Date: March 10, 2012
    Last Structure Change Process Date: March 14, 2012
    Last Data Update: March 14, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 737 Main Street, Portage, PA 15946
    County: Cambria
    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): Johnstown, PA (#3680)
    Core Based Statistical Area (CBSA): Johnstown, PA (#27780)
    CBSA Metro Statistical Area: Johnstown, PA (#27780)
  • Financial Summary
  • Total assets: $235.4 mil
    Equity capital: $21.2 mil
    Deposits held in domestic offices: $206.7 mil
    Return on assets (ROA): 0.17% ($0.4 mil)
    Quarterly return on assets: 0.28% ($0.7 mil)
    Return on Equity (ROE): 1.99% ($0.4 mil)
    Quarterly return on equity: 3.15% ($0.7 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.13% ($306.0 mil)
    Quarterly Pretax return on assets: 0.23% ($541.4 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
  • 72Total employees (full-time equivalent)
  • $235,395Total assets
  • $9,795Cash and due from depository institutions
  • $7,082Interest-bearing balances
  • $79,392Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $131,719Net loans & leases
  • $2,011Loan loss allowance
  • $0Trading account assets
  • $1,934Bank premises and fixed assets
  • $197Other real estate owned
  • $90Goodwill and other intangibles
  • $235,395Life insurance assets
  • $12,268All other assets
  • $214,227Total liabilities and capital
  • $206,738Total liabilities
  • $172,808Total deposits
  • $206,738Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $6,000Trading liabilities
  • $0Other borrowed funds
  • $1,489Subordinated debt
  • $21,168All other liabilities
  • $21,168Total equity capital
  • $21,168Total bank equity capital
  • $0Perpetual preferred stock
  • $1,952Common stock
  • $5,850Surplus
  • $13,366Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,077Income earned, not collected on loans
  • $0Earning assets
  • $919Long-term assets (5+ years)
  • $218,193Average Assets, year-to-date
  • $106,649Average Assets, quarterly
  • $241,163Volatile liabilities
  • $236,415Insider loans
  • $174,454FHLB advances
  • $238,492Loans and leases held for sale
  • $3,003Unused loan commitments
  • $3,003Tier 1 (core) risk-based capital
  • $21,838Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $29,193Restructured Loans and leases
  • $1,133Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,980Total interest income
  • $2,798Total interest expense
  • $7,182Net interest income
  • $459Provision for loan and lease losses
  • $1,385Total noninterest income
  • $241Fiduciary activities
  • $393Service charges on deposit accounts
  • $0Trading account gains & fees
  • $751Additional noninterest income
  • $7,294Total noninterest expense
  • $3,651Salaries and employee benefits
  • $938Premises and equipment expense
  • $2,705Additional noninterest expense
  • $814Pre-tax net operating income
  • -$503Securities gains (losses)
  • -$93Applicable income taxes
  • $404Income before extraordinary items
  • $0Extraordinary gains - net
  • $404Net income attributable to bank
  • $0Net charge-offs
  • $404Cash dividends
  • $421Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.45%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.20%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.25%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.17%Return on assets (ROA)
  • 0.13%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 1.99%Retained earnings to average equity (YTD only)
  • 0.30%Net charge-offs to loans
  • 109.03%Credit loss provision to net charge-offs
  • 3.02%Efficiency ratio
  • 84,720Assets per employee
  • 3.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 96.82%Noncurrent assets plus other real estate owned to assets
  • 0.97%Noncurrent loans to loans
  • 1.55%Net loans and leases to deposits
  • 63.71%Net loans and leases to core deposits
  • 66.82%Equity capital to assets
  • 8.99%Core capital (leverage) ratio
  • 9.16%Tier 1 risk-based capital ratio
  • 12.52%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $241,163Average earning assets
  • $20,281Average equity
  • $224,330Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $28,907Managed Assets
  • 1Number of Accounts
  • $28,907Personal trust and agency accounts
  • $10,541Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $6,459Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $11,907Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 186Number of Accounts
  • $0Personal trust and agency accounts
  • $6,459Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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