Mifflin County Savings Bank in Lewistown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mifflin County Savings Bank - Overview

  • General
  • FDIC Certificate #: 28186
    Status: Active
    Federal Reserve ID: 757779
    Date Established: January 01, 1923
    WWW: http://www.mcs-bank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 1090
    FDIC's unique #: 41020
    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: May 21, 1956
    Last Structure Change Effective Date: July 02, 2009
    Last Structure Change Process Date: July 24, 2009
    Last Data Update: July 24, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 19 North Brown Street, Lewistown, PA 17044
    County: Mifflin
    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
    Core Based Statistical Area (CBSA): Lewistown, PA (#30380)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $126.1 mil
    Equity capital: $15.0 mil
    Deposits held in domestic offices: $109.9 mil
    Return on assets (ROA): 0.71% ($0.9 mil)
    Quarterly return on assets: 0.87% ($1.1 mil)
    Return on Equity (ROE): 6.21% ($0.9 mil)
    Quarterly return on equity: 7.39% ($1.1 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 1.02% ($1,286.4 mil)
    Quarterly Pretax return on assets: 0.98% ($1,236.0 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
  • 31Total employees (full-time equivalent)
  • $126,120Total assets
  • $7,218Cash and due from depository institutions
  • $3,574Interest-bearing balances
  • $23,047Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $90,980Net loans & leases
  • $896Loan loss allowance
  • $0Trading account assets
  • $1,527Bank premises and fixed assets
  • $32Other real estate owned
  • $72Goodwill and other intangibles
  • $126,120Life insurance assets
  • $3,244All other assets
  • $111,151Total liabilities and capital
  • $109,937Total liabilities
  • $105,121Total deposits
  • $109,937Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $956Trading liabilities
  • $0Other borrowed funds
  • $258Subordinated debt
  • $14,969All other liabilities
  • $14,969Total equity capital
  • $14,969Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $14,969Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,854Income earned, not collected on loans
  • $0Earning assets
  • $563Long-term assets (5+ years)
  • $117,601Average Assets, year-to-date
  • $72,933Average Assets, quarterly
  • $125,002Volatile liabilities
  • $125,896Insider loans
  • $86,403FHLB advances
  • $125,071Loans and leases held for sale
  • $1,381Unused loan commitments
  • $1,381Tier 1 (core) risk-based capital
  • $14,611Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,430Restructured Loans and leases
  • $259Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,056Total interest income
  • $2,202Total interest expense
  • $3,854Net interest income
  • $120Provision for loan and lease losses
  • $442Total noninterest income
  • $0Fiduciary activities
  • $153Service charges on deposit accounts
  • $0Trading account gains & fees
  • $289Additional noninterest income
  • $2,903Total noninterest expense
  • $1,457Salaries and employee benefits
  • $273Premises and equipment expense
  • $1,173Additional noninterest expense
  • $1,273Pre-tax net operating income
  • $0Securities gains (losses)
  • $382Applicable income taxes
  • $891Income before extraordinary items
  • $0Extraordinary gains - net
  • $891Net income attributable to bank
  • $0Net charge-offs
  • $891Cash dividends
  • $119Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.89%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 6.21%Return on equity (ROE)
  • 6.21%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 100.84%Credit loss provision to net charge-offs
  • 11.71%Efficiency ratio
  • 67,574Assets per employee
  • 4.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 48.33%Noncurrent assets plus other real estate owned to assets
  • 1.50%Noncurrent loans to loans
  • 2.02%Net loans and leases to deposits
  • 82.76%Net loans and leases to core deposits
  • 89.06%Equity capital to assets
  • 11.87%Core capital (leverage) ratio
  • 11.68%Tier 1 risk-based capital ratio
  • 16.91%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $125,002Average earning assets
  • $14,338Average equity
  • $116,638Average loans

List of branches

  • 5 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041020Mifflin County Savings Bank19 North Brown Street, Lewistown, PA 17044January 01, 1923Full Service Brick and Mortar
    10026544623 E Main St Branch23 E Main St, Belleville, PA 17004January 01, 1923Full Service Brick and Mortar
    101265447Shirley Street Branch23-27 East Shirley Street, Mount Union, PA 17066January 01, 1923Full Service Brick and Mortar
    102265448Mcclure BranchBrown And Specht Streets, Mclure, PA 17841December 02, 1996Full Service Brick and Mortar
    103361521Loan Center Branch101 E Market Street, Lewistown, PA 17044April 02, 2001Limited Service Loan Production

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