FDIC Certificate #: 35353 Status: Inactive Closing history: Corrections Acquiring institution:Allegheny Valley Bank of Pittsburgh (#6058) Federal Reserve ID: 359070 Date Established: October 03, 1892 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 78814 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: July 13, 1999 Last Structure Change Effective Date: Febuary 02, 2007 Last Structure Change Process Date: Febuary 05, 2007 Last Data Update: Febuary 05, 2007 Data Source Date: April 05, 2012
Location
Address: 4415 Butler Street, Pittsburgh, PA 15201 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 - Assisted
Corrections
Financial Summary
Total assets: $15.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
4Total employees (full-time equivalent)
$14,450Total assets
$1,168Cash and due from depository institutions
$214Interest-bearing balances
$3Securities
$0Federal funds sold & reverse repurchase agreements
$13,036Net loans & leases
$69Loan loss allowance
$0Trading account assets
$158Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$85All other assets
$14,450Total liabilities and capital
$13,340Total liabilities
$13,264Total deposits
$12,781Interest-bearing deposits
$13,264Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$76All other liabilities
$1,110Total equity capital
$1,110Total bank equity capital
$1,110Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$1,110Noncurrent 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)
$82Average Assets, year-to-date
$13,253Average Assets, quarterly
$9,817Volatile liabilities
$14,033Insider loans
$14,331FHLB advances
$893Loans and leases held for sale
$159Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$69Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$768Total interest income
$353Total interest expense
$415Net interest income
$15Provision for loan and lease losses
$20Total noninterest income
$0Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$262Total noninterest expense
$105Salaries and employee benefits
$43Premises and equipment expense
$114Additional noninterest expense
$158Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$158Income before extraordinary items
$0Extraordinary gains - net
$158Net 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, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.81%Yield on earning assets
2.67%Cost of funding earning assets
3.14%Net interest margin
0.15%Noninterest income to earning assets
1.98%Noninterest expense to earning assets
1.13%Net operating income to assets
1.13%Return on assets (ROA)
1.13%Pretax return on assets
15.32%Return on equity (ROE)
15.32%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
60,230Assets per employee
3.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.53%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
98.28%Net loans and leases to core deposits
105.38%Equity capital to assets
7.68%Core capital (leverage) ratio
7.76%Tier 1 risk-based capital ratio
13.54%Total risk-based capital ratio
Memoranda
$14Average assets
$14,033Average earning assets
$1,032Average equity
$13,226Average loans
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