FDIC Certificate #: 27671 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Fidelity Savings Bank (#28038) Federal Reserve ID: 774879 Date Established: January 01, 1910 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 90 FDIC's unique #: 40505 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: November 03, 1943 Last Structure Change Effective Date: July 14, 2000 Last Structure Change Process Date: August 11, 2000 Last Data Update: August 11, 2000 Data Source Date: April 05, 2012
Location
Address: 683 Lincoln Avenue, Pittsburgh, PA 15202 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: $58.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
13Total employees (full-time equivalent)
$57,050Total assets
$2,978Cash and due from depository institutions
$1,951Interest-bearing balances
$4,657Securities
$0Federal funds sold & reverse repurchase agreements
$46,250Net loans & leases
$335Loan loss allowance
$0Trading account assets
$2,199Bank premises and fixed assets
$87Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$879All other assets
$57,050Total liabilities and capital
$50,510Total liabilities
$34,819Total deposits
$32,781Interest-bearing deposits
$34,819Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,000Other borrowed funds
$0Subordinated debt
$691All other liabilities
$6,540Total equity capital
$6,540Total bank equity capital
$6,540Perpetual preferred stock
$0Common stock
$8Surplus
$5,601Undivided profits
Memoranda
$931Noncurrent loans and leases
$8,161Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$387Earning assets
$0Long-term assets (5+ years)
$287Average Assets, year-to-date
$52,858Average Assets, quarterly
$38,323Volatile liabilities
$52,632Insider loans
$55,371FHLB advances
$13,593Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,161Total unused commitments
$0Restructured Loans and leases
$339Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$3,976Total interest income
$1,993Total interest expense
$1,983Net interest income
$195Provision for loan and lease losses
$120Total noninterest income
$0Fiduciary activities
$62Service charges on deposit accounts
$0Trading account gains & fees
$58Additional noninterest income
$1,764Total noninterest expense
$728Salaries and employee benefits
$261Premises and equipment expense
$775Additional noninterest expense
$144Pre-tax net operating income
$22Securities gains (losses)
$87Applicable income taxes
$79Income before extraordinary items
$0Extraordinary gains - net
$79Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$181Sale, conversion, retirement of capital stock, net
$1,000Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.04%Yield on earning assets
4.03%Cost of funding earning assets
4.01%Net interest margin
0.24%Noninterest income to earning assets
3.57%Noninterest expense to earning assets
0.12%Net operating income to assets
0.15%Return on assets (ROA)
0.32%Pretax return on assets
1.15%Return on equity (ROE)
-13.45%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
107.73%Credit loss provision to net charge-offs
1.87%Efficiency ratio
83,880Assets per employee
4.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
1265.82%Loss allowance to loans
0.72%Loss allowance to noncurrent loans
86.56%Noncurrent assets plus other real estate owned to assets
0.83%Noncurrent loans to loans
0.83%Net loans and leases to deposits
132.83%Net loans and leases to core deposits
139.20%Equity capital to assets
11.46%Core capital (leverage) ratio
11.96%Tier 1 risk-based capital ratio
18.74%Total risk-based capital ratio
Memoranda
$20Average assets
$52,632Average earning assets
$6,847Average equity
$49,465Average loans
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