Mifflinburg Bank and Trust Company in Mifflinburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Mifflinburg Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 10685
    Status: Active
    Federal Reserve ID: 779016
    Bank Holding Company (Regulatory Top Holder): Mifflinburg Bancorp, Inc. (RSSDID: 1137042, Location: Mifflinburg, PA)
    Date Established: January 01, 1872
    WWW: http://www.mbtc.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 9706
    FDIC's unique #: 6856
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: June 06, 2007
    Last Structure Change Process Date: June 06, 2007
    Last Data Update: June 06, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 250 East Chestnut Street, Mifflinburg, PA 17844
    County: Union
    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): Sunbury-Lewisburg-Selinsgrove, PA (#526)
    Core Based Statistical Area (CBSA): Lewisburg, PA (#30260)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $330.3 mil
    Equity capital: $33.2 mil
    Deposits held in domestic offices: $256.8 mil
    Return on assets (ROA): 1.11% ($3.7 mil)
    Quarterly return on assets: 0.76% ($2.5 mil)
    Return on Equity (ROE): 10.79% ($3.6 mil)
    Quarterly return on equity: 7.48% ($2.5 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.40% ($4,624.0 mil)
    Quarterly Pretax return on assets: 0.90% ($2,972.6 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
  • 73Total employees (full-time equivalent)
  • $330,289Total assets
  • $31,855Cash and due from depository institutions
  • $25,243Interest-bearing balances
  • $76,082Securities
  • $1,441Federal funds sold & reverse repurchase agreements
  • $200,480Net loans & leases
  • $3,063Loan loss allowance
  • $0Trading account assets
  • $6,602Bank premises and fixed assets
  • $314Other real estate owned
  • $242Goodwill and other intangibles
  • $330,289Life insurance assets
  • $13,273All other assets
  • $297,096Total liabilities and capital
  • $256,782Total liabilities
  • $223,541Total deposits
  • $256,782Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 15356.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,255Trading liabilities
  • $0Other borrowed funds
  • $3,703Subordinated debt
  • $33,193All other liabilities
  • $33,193Total equity capital
  • $33,193Total bank equity capital
  • $0Perpetual preferred stock
  • $180Common stock
  • $2,600Surplus
  • $30,413Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $628Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $823Income earned, not collected on loans
  • $0Earning assets
  • $1,228Long-term assets (5+ years)
  • $303,246Average Assets, year-to-date
  • $157,643Average Assets, quarterly
  • $317,642Volatile liabilities
  • $327,467Insider loans
  • $223,290FHLB advances
  • $329,198Loans and leases held for sale
  • $8,530Unused loan commitments
  • $6,737Tier 1 (core) risk-based capital
  • $32,253Tier 2 risk-based capital
  • $1,793Total risk weighted assets
  • $0Total unused commitments
  • $44,133Restructured Loans and leases
  • $5,370Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,498Total interest income
  • $3,464Total interest expense
  • $10,034Net interest income
  • $850Provision for loan and lease losses
  • $2,035Total noninterest income
  • $142Fiduciary activities
  • $812Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,081Additional noninterest income
  • $6,798Total noninterest expense
  • $3,678Salaries and employee benefits
  • $779Premises and equipment expense
  • $2,341Additional noninterest expense
  • $4,421Pre-tax net operating income
  • $40Securities gains (losses)
  • $947Applicable income taxes
  • $3,514Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,514Net income attributable to bank
  • $0Net charge-offs
  • $3,514Cash dividends
  • $161Sale, conversion, retirement of capital stock, net
  • $1,681Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.19%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.33%Noninterest expense to earning assets
  • 1.10%Net operating income to assets
  • 1.11%Return on assets (ROA)
  • 1.40%Pretax return on assets
  • 10.79%Return on equity (ROE)
  • 5.63%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 527.95%Credit loss provision to net charge-offs
  • 32.74%Efficiency ratio
  • 56,326Assets per employee
  • 4.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.84%Loss allowance to loans
  • 1.50%Loss allowance to noncurrent loans
  • 372.17%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 78.07%Net loans and leases to core deposits
  • 80.77%Equity capital to assets
  • 10.05%Core capital (leverage) ratio
  • 9.80%Tier 1 risk-based capital ratio
  • 14.44%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $317,642Average earning assets
  • $32,573Average equity
  • $292,260Average 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
  • $23,795Managed Assets
  • 1Number of Accounts
  • $20,621Personal trust and agency accounts
  • $11,521Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $23Investment management agency accounts
  • $4,109Other fiduciary accounts
  • $4,468Fiduciary accounts held in foreign offices
  • $500Non-managed Assets
  • 125Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,174Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $2,500Fiduciary accounts held in foreign offices

List of branches

  • 6 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06856Mifflinburg Bank And Trust Company250 East Chestnut Street, Mifflinburg, PA 17844January 01, 1872Full Service Brick and Mortar
    2222891Lewisburg BranchRoute 192 And Fairground Road, Lewisburg, PA 17837May 01, 1991Full Service Brick and Mortar
    4222892Millheim OfficeMarket Drive, Millheim, PA 16854June 26, 1997Full Service Brick and Mortar
    8473950New Berlin Branch214 Vine Street, New Berlin, PA 17855April 07, 2008Full Service Brick and Mortar
    9473964Courier Service-Union/Snyder/northum250 Chestnut Street, Mifflinburg, PA 17844April 09, 2008Limited Service Messenger
    10506278Shamokin Dam Office2894 North Susquehanna Trail, Shamokin Dam, PA 17876January 04, 2010Full Service Brick and Mortar

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