Millennium Bank in city_name, state_name - Detailed Financial Reports, Location

Millennium Bank in Malvern, Pennsylvania (PA)
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Millennium Bank - Overview

General
FDIC Certificate #: 34924
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Harleysville National Bank and Trust Company (#7516)
Federal Reserve ID: 2742238
Date Established: October 26, 1998
WWW: http://www.mlbk.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 62042
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: October 26, 1998
Last Structure Change Effective Date: April 30, 2004
Last Structure Change Process Date: May 25, 2004
Last Data Update: May 25, 2004
Data Source Date: April 05, 2012
Location
Address: Great Valley Corporate Center, 30 Valley Stream Parkway, Malvern, PA 19355
County: Chester
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Philadelphia
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
Core Based Statistical Division: Philadelphia, PA (#37964)
Financial Summary
Total assets: $202.0 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, 2003)

Dollar figures in thousands
66Total employees (full-time equivalent)
$200,786Total assets
$4,879Cash and due from depository institutions
$4,143Interest-bearing balances
$35,056Securities
$2,520Federal funds sold & reverse repurchase agreements
$152,961Net loans & leases
$1,648Loan loss allowance
$0Trading account assets
$1,013Bank premises and fixed assets
$0Other real estate owned
$1,295Goodwill and other intangibles
$0Life insurance assets
$3,062All other assets
$200,786Total liabilities and capital
$185,642Total liabilities
$155,467Total deposits
$142,471Interest-bearing deposits
$155,467Deposits held in domestic offices
0.00%% insured (estimated)
$11,265Federal funds purchased & repurchase agreements
$0Trading liabilities
$16,500Other borrowed funds
$1,342Subordinated debt
$1,068All other liabilities
$15,144Total equity capital
$15,144Total bank equity capital
$15,144Perpetual preferred stock
$0Common stock
$2,292Surplus
$20,300Undivided profits
Memoranda
$-7,448Noncurrent loans and leases
$50,635Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$806Earning assets
$0Long-term assets (5+ years)
$1,119Average Assets, year-to-date
$194,680Average Assets, quarterly
$38,553Volatile liabilities
$192,911Insider loans
$200,626FHLB advances
$37,919Loans and leases held for sale
$2,963Unused loan commitments
$16,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$453Total risk weighted assets
$50,635Total unused commitments
$0Restructured Loans and leases
$2,990Derivatives

Income and Expense (December 31, 2003)

Dollar figures in thousands
$9,514Total interest income
$3,798Total interest expense
$5,716Net interest income
$265Provision for loan and lease losses
$2,147Total noninterest income
$409Fiduciary activities
$207Service charges on deposit accounts
$0Trading account gains & fees
$1,531Additional noninterest income
$7,185Total noninterest expense
$4,339Salaries and employee benefits
$1,020Premises and equipment expense
$1,826Additional noninterest expense
$413Pre-tax net operating income
$18Securities gains (losses)
$0Applicable income taxes
$431Income before extraordinary items
$0Extraordinary gains - net
$431Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$120Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2003)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.10%Yield on earning assets
2.04%Cost of funding earning assets
3.06%Net interest margin
1.15%Noninterest income to earning assets
3.85%Noninterest expense to earning assets
0.21%Net operating income to assets
0.22%Return on assets (ROA)
0.22%Pretax return on assets
2.86%Return on equity (ROE)
2.86%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
220.83%Credit loss provision to net charge-offs
5.65%Efficiency ratio
90,932Assets per employee
3.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.07%Loss allowance to noncurrent loans
204.47%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.52%Net loans and leases to deposits
98.39%Net loans and leases to core deposits
105.26%Equity capital to assets
7.54%Core capital (leverage) ratio
6.85%Tier 1 risk-based capital ratio
8.83%Total risk-based capital ratio
Memoranda
$11Average assets
$192,911Average earning assets
$15,048Average equity
$186,624Average loans

Total Fiduciary and Related Assets (December 31, 2003)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$55,937Managed Assets
1Number of Accounts
$40,328Personal trust and agency accounts
$9,219Employee benefit-defined contribution accounts
$13,973Employee benefit-defined benefit accounts
$0Other retirement accounts
$1,680Corporate trust and agency accounts
$0Investment management agency accounts
$15,456Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
109Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$15,609Other retirement accounts
$836Corporate trust and agency accounts
$0Other fiduciary accounts
$11,076Fiduciary accounts held in foreign offices

Millennium Bank in Malvern, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Millennium Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Millennium Bank in Malvern, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

Millennium Bank - Overview

Assets and Liabilities (December 31, 2003)

Income and Expense (December 31, 2003)

Performance and Condition Ratios (December 31, 2003)

Total Fiduciary and Related Assets (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

Millennium Bank in Malvern, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches