Pioneer American Bank, National Association in Carbondale, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 09, 2000

  • Pioneer American Bank, National Association in Carbondale, Pennsylvania (PA)
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Pioneer American Bank, National Association - Overview

  • General
  • FDIC Certificate #: 7423
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Pennstar Bank, National Association (#7549)
    Federal Reserve ID: 833217
    Date Established: May 01, 1864
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    OTS Docket #: 12305
    FDIC's unique #: 4835
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 09, 2000
    Last Structure Change Process Date: December 28, 2000
    Last Data Update: December 28, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 41 North Main Street, Carbondale, PA 18407
    County: Lackawanna
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
    Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
    CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
  • Financial Summary
  • Total assets: $422.5 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
  • 179Total employees (full-time equivalent)
  • $418,170Total assets
  • $15,178Cash and due from depository institutions
  • $0Interest-bearing balances
  • $148,746Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $241,156Net loans & leases
  • $3,057Loan loss allowance
  • $0Trading account assets
  • $6,267Bank premises and fixed assets
  • $576Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $6,247All other assets
  • $418,170Total liabilities and capital
  • $387,307Total liabilities
  • $299,603Total deposits
  • $254,721Interest-bearing deposits
  • $299,603Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $84,095Other borrowed funds
  • $0Subordinated debt
  • $3,609All other liabilities
  • $30,863Total equity capital
  • $30,863Total bank equity capital
  • $30,863Perpetual preferred stock
  • $0Common stock
  • $2,677Surplus
  • $7,328Undivided profits
  • Memoranda
  • $20,858Noncurrent loans and leases
  • $16,537Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,520Earning assets
  • $0Long-term assets (5+ years)
  • $1,271Average Assets, year-to-date
  • $389,902Average Assets, quarterly
  • $259,779Volatile liabilities
  • $419,105Insider loans
  • $419,705FHLB advances
  • $45,764Loans and leases held for sale
  • $4,579Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,537Total unused commitments
  • $437Restructured Loans and leases
  • $3,057Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $29,387Total interest income
  • $14,898Total interest expense
  • $14,489Net interest income
  • $370Provision for loan and lease losses
  • $2,745Total noninterest income
  • $0Fiduciary activities
  • $2,257Service charges on deposit accounts
  • $0Trading account gains & fees
  • $488Additional noninterest income
  • $10,912Total noninterest expense
  • $5,291Salaries and employee benefits
  • $2,269Premises and equipment expense
  • $3,352Additional noninterest expense
  • $5,952Pre-tax net operating income
  • $88Securities gains (losses)
  • $1,804Applicable income taxes
  • $4,236Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,236Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $222Sale, conversion, retirement of capital stock, net
  • $3,932Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.51%Yield on earning assets
  • 3.81%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 2.79%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.44%Pretax return on assets
  • 12.99%Return on equity (ROE)
  • 0.93%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 166.67%Credit loss provision to net charge-offs
  • 28.48%Efficiency ratio
  • 63,317Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 92.82%Loss allowance to loans
  • 1.25%Loss allowance to noncurrent loans
  • 121.31%Noncurrent assets plus other real estate owned to assets
  • 0.74%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 80.49%Net loans and leases to core deposits
  • 93.28%Equity capital to assets
  • 7.38%Core capital (leverage) ratio
  • 8.07%Tier 1 risk-based capital ratio
  • 13.91%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $419,105Average earning assets
  • $32,618Average equity
  • $391,281Average loans

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