Miners Bank in Minersville, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Miners Bank - Overview

  • General
  • FDIC Certificate #: 15145
    Status: Active
    Federal Reserve ID: 235017
    Bank Holding Company (Regulatory Top Holder): Phoenix Bancorp, Inc. (RSSDID: 1247718, Location: Minersville, PA)
    Date Established: May 01, 1935
    WWW: http://www.theminersbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 9515
    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: May 16, 1935
    Last Structure Change Effective Date: October 20, 2010
    Last Structure Change Process Date: October 29, 2010
    Last Data Update: October 29, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 437 Dowdentown Road, Minersville, PA 17954
    County: Schuylkill
    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): Pottsville, PA (#39060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $125.7 mil
    Equity capital: $14.3 mil
    Deposits held in domestic offices: $107.9 mil
    Return on assets (ROA): 0.50% ($0.6 mil)
    Quarterly return on assets: 0.60% ($0.8 mil)
    Return on Equity (ROE): 5.05% ($0.7 mil)
    Quarterly return on equity: 5.27% ($0.7 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.67% ($842.1 mil)
    Quarterly Pretax return on assets: 0.75% ($942.7 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
  • 38Total employees (full-time equivalent)
  • $125,689Total assets
  • $4,565Cash and due from depository institutions
  • $2,477Interest-bearing balances
  • $16,164Securities
  • $2,780Federal funds sold & reverse repurchase agreements
  • $94,647Net loans & leases
  • $1,145Loan loss allowance
  • $0Trading account assets
  • $2,518Bank premises and fixed assets
  • $131Other real estate owned
  • $790Goodwill and other intangibles
  • $125,689Life insurance assets
  • $4,094All other assets
  • $111,429Total liabilities and capital
  • $107,895Total liabilities
  • $85,281Total deposits
  • $107,895Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $534Subordinated debt
  • $14,260All other liabilities
  • $14,260Total equity capital
  • $14,260Total bank equity capital
  • $0Perpetual preferred stock
  • $275Common stock
  • $7,725Surplus
  • $6,260Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $361Income earned, not collected on loans
  • $0Earning assets
  • $441Long-term assets (5+ years)
  • $116,068Average Assets, year-to-date
  • $45,239Average Assets, quarterly
  • $121,523Volatile liabilities
  • $124,210Insider loans
  • $88,059FHLB advances
  • $123,421Loans and leases held for sale
  • $2,670Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,373Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,670Total unused commitments
  • $5,453Restructured Loans and leases
  • $2,035Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,903Total interest income
  • $1,063Total interest expense
  • $4,840Net interest income
  • $205Provision for loan and lease losses
  • $683Total noninterest income
  • $0Fiduciary activities
  • $321Service charges on deposit accounts
  • $0Trading account gains & fees
  • $362Additional noninterest income
  • $4,610Total noninterest expense
  • $2,545Salaries and employee benefits
  • $553Premises and equipment expense
  • $1,512Additional noninterest expense
  • $708Pre-tax net operating income
  • $107Securities gains (losses)
  • $207Applicable income taxes
  • $608Income before extraordinary items
  • $0Extraordinary gains - net
  • $608Net income attributable to bank
  • $0Net charge-offs
  • $608Cash 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)
  • 5.26%Yield on earning assets
  • 0.95%Cost of funding earning assets
  • 4.31%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 4.11%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 5.05%Return on equity (ROE)
  • 5.05%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 172.27%Credit loss provision to net charge-offs
  • 7.67%Efficiency ratio
  • 82,021Assets per employee
  • 3.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 317.17%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.38%Net loans and leases to deposits
  • 87.72%Net loans and leases to core deposits
  • 93.93%Equity capital to assets
  • 11.35%Core capital (leverage) ratio
  • 10.84%Tier 1 risk-based capital ratio
  • 15.19%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $121,523Average earning assets
  • $12,035Average equity
  • $112,292Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $503Managed Assets
  • 1Number of Accounts
  • $119Personal trust and agency accounts
  • $119Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $384Other retirement accounts
  • $384Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09515Miners Bank437 Dowdentown Road, Minersville, PA 17954May 01, 1935Full Service Brick and Mortar
    3362446South Lehigh Street Branch452 South Lehigh Street, Frackville, PA 17931October 01, 2001Full Service Brick and Mortar
    4215353Gordon Branch300-302 Hobart Street, Gordon, PA 17936June 09, 1969Full Service Brick and Mortar
    65019Tremont Branch29 Main Street, Tremont, PA 17981January 01, 1902Full Service Brick and Mortar

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