PNC Mortgage Bank, National Association in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 1997

  • PNC Mortgage Bank, National Association in Pittsburgh, Pennsylvania (PA)
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PNC Mortgage Bank, National Association - Overview

  • General
  • FDIC Certificate #: 31435
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PNC Bank, National Association (#6384)
    Federal Reserve ID: 236676
    Date Established: December 21, 1964
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 6961
    FDIC's unique #: 44269
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 21, 1964
    Last Structure Change Effective Date: November 30, 1997
    Last Structure Change Process Date: December 18, 1997
    Last Data Update: December 20, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: Fifth Avenue And Wood Street, Pittsburgh, PA 15222
    County: Allegheny
    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
    Metropolitan Statistical Area (MSA): Pittsburgh, PA (#6280)
    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: $1,510.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $59Total assets
  • $1,859,946Cash and due from depository institutions
  • $14,394Interest-bearing balances
  • $3,170Securities
  • $84,742Federal funds sold & reverse repurchase agreements
  • $138,060Net loans & leases
  • $1,584,840Loan loss allowance
  • $11,449Trading account assets
  • $0Bank premises and fixed assets
  • $183Other real estate owned
  • $6,284Goodwill and other intangibles
  • $13,655Life insurance assets
  • $17,788All other assets
  • $0Total liabilities and capital
  • $1,859,946Total liabilities
  • $1,711,703Total deposits
  • $1,164,600Interest-bearing deposits
  • $1,164,315Deposits held in domestic offices
  • 1164600.00%% insured (estimated)
  • $28Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $517,917Subordinated debt
  • $0All other liabilities
  • $29,186Total equity capital
  • $29,186Total bank equity capital
  • $148,243Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $148,397Undivided profits
  • Memoranda
  • $-1,154Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,380Income earned, not collected on loans
  • $9,613Earning assets
  • $1,810,812Long-term assets (5+ years)
  • $471,444Average Assets, year-to-date
  • $3,100,261Average Assets, quarterly
  • $2,573,496Volatile liabilities
  • $943,207Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $213,209Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $130,431Total risk weighted assets
  • $1,044,603Total unused commitments
  • $0Restructured Loans and leases
  • $165,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $182,409Total interest expense
  • $139,238Net interest income
  • $43,171Provision for loan and lease losses
  • $500Total noninterest income
  • $3,331Fiduciary activities
  • $0Service charges on deposit accounts
  • $67Trading account gains & fees
  • $0Additional noninterest income
  • $3,264Total noninterest expense
  • $27,562Salaries and employee benefits
  • $2,522Premises and equipment expense
  • $605Additional noninterest expense
  • $24,435Pre-tax net operating income
  • $18,440Securities gains (losses)
  • $121Applicable income taxes
  • $7,607Income before extraordinary items
  • $10,954Extraordinary gains - net
  • $0Net income attributable to bank
  • $10,954Net charge-offs
  • $4,545Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.63%Cost of funding earning assets
  • 5.06%Net interest margin
  • 1.57%Noninterest income to earning assets
  • 0.12%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 0.35%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 0.60%Return on equity (ROE)
  • 4.40%Retained earnings to average equity (YTD only)
  • 4.40%Net charge-offs to loans
  • 0.19%Credit loss provision to net charge-offs
  • 11.00%Efficiency ratio
  • 56,060Assets per employee
  • 31.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 45.11%Noncurrent assets plus other real estate owned to assets
  • 1.70%Noncurrent loans to loans
  • 1.59%Net loans and leases to deposits
  • 136.08%Net loans and leases to core deposits
  • 582.52%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 5.36%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $3,100,261Average earning assets
  • $248,811Average equity
  • $2,750,158Average loans

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