PFC Bank in Ford City, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 07, 2002

  • PFC Bank in Ford City, Pennsylvania (PA)
  • Show street view No street view available for this location

PFC Bank - Overview

  • General
  • FDIC Certificate #: 6038
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: S&T Bank (#11124)
    Federal Reserve ID: 377823
    Date Established: January 01, 1914
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 9720
    FDIC's unique #: 4079
    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: January 01, 1934
    Last Structure Change Effective Date: September 07, 2002
    Last Structure Change Process Date: October 30, 2002
    Last Data Update: October 30, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: Ford Street And Fourth Avenue, Ford City, PA 16226
    County: Armstrong
    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
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • Financial Summary
  • Total assets: $341.6 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, 2001)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $319,769Total assets
  • $14,110Cash and due from depository institutions
  • $9,230Interest-bearing balances
  • $65,514Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $227,907Net loans & leases
  • $1,386Loan loss allowance
  • $0Trading account assets
  • $2,702Bank premises and fixed assets
  • $21Other real estate owned
  • $515Goodwill and other intangibles
  • $0Life insurance assets
  • $4,000All other assets
  • $319,769Total liabilities and capital
  • $281,609Total liabilities
  • $273,188Total deposits
  • $241,702Interest-bearing deposits
  • $273,188Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $8,421All other liabilities
  • $38,160Total equity capital
  • $38,160Total bank equity capital
  • $38,160Perpetual preferred stock
  • $0Common stock
  • $390Surplus
  • $10,310Undivided profits
  • Memoranda
  • $27,460Noncurrent loans and leases
  • $13,110Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $339Earning assets
  • $0Long-term assets (5+ years)
  • $1,563Average Assets, year-to-date
  • $307,651Average Assets, quarterly
  • $188,566Volatile liabilities
  • $315,271Insider loans
  • $322,097FHLB advances
  • $49,493Loans and leases held for sale
  • $1,086Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,110Total unused commitments
  • $0Restructured Loans and leases
  • $9,383Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $22,054Total interest income
  • $11,365Total interest expense
  • $10,689Net interest income
  • $60Provision for loan and lease losses
  • $725Total noninterest income
  • $0Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $226Additional noninterest income
  • $6,263Total noninterest expense
  • $2,933Salaries and employee benefits
  • $984Premises and equipment expense
  • $2,346Additional noninterest expense
  • $5,091Pre-tax net operating income
  • $2,178Securities gains (losses)
  • $2,156Applicable income taxes
  • $5,113Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,113Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $86Sale, conversion, retirement of capital stock, net
  • $3,584Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.27%Yield on earning assets
  • 3.74%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 2.06%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.62%Return on assets (ROA)
  • 2.31%Pretax return on assets
  • 13.48%Return on equity (ROE)
  • 4.03%Retained earnings to average equity (YTD only)
  • 0.04%Net charge-offs to loans
  • 69.77%Credit loss provision to net charge-offs
  • 59.90%Efficiency ratio
  • 54,775Assets per employee
  • 3.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 70.10%Loss allowance to loans
  • 0.60%Loss allowance to noncurrent loans
  • 408.85%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.15%Net loans and leases to deposits
  • 83.42%Net loans and leases to core deposits
  • 101.88%Equity capital to assets
  • 11.93%Core capital (leverage) ratio
  • 8.51%Tier 1 risk-based capital ratio
  • 14.42%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $315,271Average earning assets
  • $37,939Average equity
  • $303,549Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with PFC Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents