Marquette Savings Bank in Erie, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Marquette Savings Bank - Overview

  • General
  • FDIC Certificate #: 30544
    Status: Active
    Federal Reserve ID: 304173
    Date Established: January 01, 1908
    WWW: http://www.marquettesavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: No)
    OTS Docket #: 5523
    FDIC's unique #: 43378
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Mortgage Lending Specialization
    Date of Deposit Insurance: June 07, 1954
    Last Structure Change Effective Date: August 28, 2009
    Last Structure Change Process Date: December 02, 2009
    Last Data Update: December 02, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 920 Peach Street, Erie, PA 16501
    County: Erie
    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): Erie, PA (#2360)
    Core Based Statistical Area (CBSA): Erie, PA (#21500)
    CBSA Metro Statistical Area: Erie, PA (#21500)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $758.9 mil
    Equity capital: $111.6 mil
    Deposits held in domestic offices: $641.9 mil
    Return on assets (ROA): 0.92% ($7.0 mil)
    Quarterly return on assets: 0.86% ($6.5 mil)
    Return on Equity (ROE): 6.40% ($7.2 mil)
    Quarterly return on equity: 5.87% ($6.6 mil)
    Net income: $6.8 mil
    Quarterly Net income: $1.6 mil
    Pretax return on assets: 1.39% ($10,549.1 mil)
    Quarterly Pretax return on assets: 1.28% ($9,714.3 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
  • 113Total employees (full-time equivalent)
  • $758,928Total assets
  • $18,174Cash and due from depository institutions
  • $13,985Interest-bearing balances
  • $275,351Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $425,217Net loans & leases
  • $1,528Loan loss allowance
  • $0Trading account assets
  • $12,809Bank premises and fixed assets
  • $2,359Other real estate owned
  • $4,105Goodwill and other intangibles
  • $758,928Life insurance assets
  • $20,913All other assets
  • $647,297Total liabilities and capital
  • $641,897Total liabilities
  • $606,498Total deposits
  • $641,897Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $5,400Subordinated debt
  • $111,631All other liabilities
  • $111,631Total equity capital
  • $111,631Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $111,631Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $251Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,876Income earned, not collected on loans
  • $170Earning assets
  • $1,841Long-term assets (5+ years)
  • $714,553Average Assets, year-to-date
  • $517,629Average Assets, quarterly
  • $743,458Volatile liabilities
  • $757,338Insider loans
  • $400,643FHLB advances
  • $749,232Loans and leases held for sale
  • $12,641Unused loan commitments
  • $12,641Tier 1 (core) risk-based capital
  • $104,123Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $38,987Restructured Loans and leases
  • $1,348Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $31,782Total interest income
  • $9,666Total interest expense
  • $22,116Net interest income
  • $985Provision for loan and lease losses
  • $2,085Total noninterest income
  • $0Fiduciary activities
  • $500Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,585Additional noninterest income
  • $12,883Total noninterest expense
  • $6,763Salaries and employee benefits
  • $1,695Premises and equipment expense
  • $4,425Additional noninterest expense
  • $10,333Pre-tax net operating income
  • $2Securities gains (losses)
  • $3,512Applicable income taxes
  • $6,823Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,823Net income attributable to bank
  • $0Net charge-offs
  • $6,823Cash dividends
  • $895Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.54%Yield on earning assets
  • 1.38%Cost of funding earning assets
  • 3.16%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 1.84%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 6.40%Return on equity (ROE)
  • 6.40%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 110.06%Credit loss provision to net charge-offs
  • 12.65%Efficiency ratio
  • 52,093Assets per employee
  • 6.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.36%Loss allowance to noncurrent loans
  • 17.21%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 2.08%Net loans and leases to deposits
  • 66.24%Net loans and leases to core deposits
  • 68.94%Equity capital to assets
  • 14.71%Core capital (leverage) ratio
  • 13.90%Tier 1 risk-based capital ratio
  • 25.99%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $743,458Average earning assets
  • $106,538Average equity
  • $700,273Average loans

List of branches

  • 12 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043378Marquette Savings Bank920 Peach Street, Erie, PA 16501January 01, 1908Full Service Brick and Mortar
    1280760953 South Main Street Branch953 South Main Street, Meadville, PA 16335January 01, 1908Full Service Brick and Mortar
    22807613404 Liberty Street Branch3404 Liberty Street, Erie, PA 16509January 01, 1908Full Service Brick and Mortar
    3280762209 Plum Street Branch209 Plum Street, Edinboro, PA 16412January 01, 1908Full Service Brick and Mortar
    428076314 North Main St Branch14 North Main St, Albion, PA 16401January 01, 1908Full Service Brick and Mortar
    1002807642304 West 12th St Branch2320 West 12th St, Erie, PA 16505January 01, 1908Full Service Brick and Mortar
    101438839Erie Branch1775 East 38th Street, Erie, PA 16510Febuary 22, 2005Full Service Brick and Mortar
    1024669461073 Parkk Avenue1073 Park Avenue, Meadville, PA 16335August 06, 2007Limited Service Facility
    1034865733801 Sterrettania Road3801 Sterrettania Road, Erie, PA 16506Febuary 02, 2009Full Service Brick and Mortar
    104224052Conneaut Lake Branch210 Water St., Conneaut Lake, PA 16316September 17, 1962Full Service Brick and Mortar
    105224054North Street Branch349 North Street, Meadville, PA 16335Febuary 01, 1973Full Service Brick and Mortar
    106217566Meadville Wal-Mart Branch16086 Conneaut Lake Road, Meadville, PA 16335April 08, 1998Full Service Retail

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