Peoples Bank and Trust Company in Jennerstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1995

Peoples Bank and Trust Company in Jennerstown, Pennsylvania (PA)
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Peoples Bank and Trust Company - Overview

General
FDIC Certificate #: 8412
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Commonwealth Bank (#7468)
Federal Reserve ID: 944524
Date Established: August 15, 1924
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
OTS Docket #: 10248
FDIC's unique #: 5357
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: November 13, 1995
Last Structure Change Process Date: Febuary 06, 1996
Last Data Update: Febuary 06, 1996
Data Source Date: April 05, 2012
Location
Address: Pitt Street, Jennerstown, PA 15547
County: Somerset
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): Johnstown, PA (#3680)
Core Based Statistical Area (CBSA): Somerset, PA (#43740)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $110.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$43Total assets
$113,158Cash and due from depository institutions
$2,715Interest-bearing balances
$100Securities
$55,735Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$52,068Loan loss allowance
$714Trading account assets
$0Bank premises and fixed assets
$703Other real estate owned
$63Goodwill and other intangibles
$1,874Life insurance assets
$0All other assets
$0Total liabilities and capital
$113,158Total liabilities
$104,581Total deposits
$95,494Interest-bearing deposits
$86,039Deposits held in domestic offices
95494.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$2,900Trading liabilities
$0Other borrowed funds
$5,500Subordinated debt
$0All other liabilities
$687Total equity capital
$687Total bank equity capital
$8,577Perpetual preferred stock
$0Common stock
$500Surplus
$1,734Undivided profits
Memoranda
$6,343Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$397Income earned, not collected on loans
$340Earning assets
$107,903Long-term assets (5+ years)
$49,414Average Assets, year-to-date
$114,405Average Assets, quarterly
$113,562Volatile liabilities
$10,689Insider loans
$453FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$5,792Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,748Total risk weighted assets
$59,821Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$7,772Total interest expense
$3,479Net interest income
$4,293Provision for loan and lease losses
$80Total noninterest income
$299Fiduciary activities
$0Service charges on deposit accounts
$168Trading account gains & fees
$0Additional noninterest income
$131Total noninterest expense
$2,434Salaries and employee benefits
$1,190Premises and equipment expense
$260Additional noninterest expense
$984Pre-tax net operating income
$2,078Securities gains (losses)
-$10Applicable income taxes
$650Income before extraordinary items
$1,418Extraordinary gains - net
$0Net income attributable to bank
$1,418Net charge-offs
$12Cash dividends
$851Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.09%Cost of funding earning assets
3.17%Net interest margin
3.92%Noninterest income to earning assets
0.27%Noninterest expense to earning assets
2.22%Net operating income to assets
1.25%Return on assets (ROA)
1.24%Pretax return on assets
1.81%Return on equity (ROE)
15.76%Retained earnings to average equity (YTD only)
6.30%Net charge-offs to loans
0.02%Credit loss provision to net charge-offs
666.67%Efficiency ratio
53,005Assets per employee
2.63%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.01%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
179.85%Noncurrent assets plus other real estate owned to assets
0.41%Noncurrent loans to loans
0.75%Net loans and leases to deposits
54.52%Net loans and leases to core deposits
57.40%Equity capital to assets
7.58%Core capital (leverage) ratio
8.61%Tier 1 risk-based capital ratio
16.30%Total risk-based capital ratio
Memoranda
$17Average assets
$114,405Average earning assets
$8,995Average equity
$109,600Average loans

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