Pittsburgh Savings Bank in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 05, 2003

  • Pittsburgh Savings Bank in Pittsburgh, Pennsylvania (PA)
  • Show street view No street view available for this location

Pittsburgh Savings Bank - Overview

  • General
  • FDIC Certificate #: 30197
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Commonwealth Bank (#7468)
    Federal Reserve ID: 688275
    Date Established: April 28, 1942
    WWW: http://www.bankpgh.com
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Interstate: No)
    OTS Docket #: 4928
    FDIC's unique #: 43031
    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: April 28, 1942
    Last Structure Change Effective Date: December 05, 2003
    Last Structure Change Process Date: January 14, 2004
    Last Data Update: January 14, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 Ross Street, Pittsburgh, PA 15219
    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: $373.5 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, 2002)

  • Dollar figures in thousands
  • 73Total employees (full-time equivalent)
  • $404,767Total assets
  • $7,218Cash and due from depository institutions
  • $6,143Interest-bearing balances
  • $136,843Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $236,676Net loans & leases
  • $3,082Loan loss allowance
  • $0Trading account assets
  • $5,587Bank premises and fixed assets
  • $535Other real estate owned
  • $138Goodwill and other intangibles
  • $0Life insurance assets
  • $17,770All other assets
  • $404,767Total liabilities and capital
  • $371,766Total liabilities
  • $186,264Total deposits
  • $170,852Interest-bearing deposits
  • $186,264Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $20,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $163,111Other borrowed funds
  • $0Subordinated debt
  • $2,391All other liabilities
  • $33,001Total equity capital
  • $33,001Total bank equity capital
  • $33,001Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $16,491Undivided profits
  • Memoranda
  • $16,510Noncurrent loans and leases
  • $25,867Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,624Earning assets
  • $61Long-term assets (5+ years)
  • $2,425Average Assets, year-to-date
  • $379,662Average Assets, quarterly
  • $236,947Volatile liabilities
  • $412,510Insider loans
  • $409,514FHLB advances
  • $71,592Loans and leases held for sale
  • $423Unused loan commitments
  • $163,111Tier 1 (core) risk-based capital
  • $25,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $25,867Total unused commitments
  • $0Restructured Loans and leases
  • $2,957Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $26,375Total interest income
  • $17,437Total interest expense
  • $8,938Net interest income
  • $330Provision for loan and lease losses
  • $1,723Total noninterest income
  • $0Fiduciary activities
  • $515Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,208Additional noninterest income
  • $7,383Total noninterest expense
  • $3,149Salaries and employee benefits
  • $1,682Premises and equipment expense
  • $2,552Additional noninterest expense
  • $2,948Pre-tax net operating income
  • $0Securities gains (losses)
  • $983Applicable income taxes
  • $1,965Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,965Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $29Sale, conversion, retirement of capital stock, net
  • $1,499Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.82%Yield on earning assets
  • 4.51%Cost of funding earning assets
  • 2.31%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 1.91%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 6.11%Return on equity (ROE)
  • 1.45%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 1137.93%Credit loss provision to net charge-offs
  • 113.03%Efficiency ratio
  • 69,018Assets per employee
  • 5.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 76.28%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 66.65%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 1.93%Net loans and leases to deposits
  • 127.06%Net loans and leases to core deposits
  • 149.54%Equity capital to assets
  • 8.15%Core capital (leverage) ratio
  • 7.80%Tier 1 risk-based capital ratio
  • 13.25%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $412,510Average earning assets
  • $32,173Average equity
  • $386,641Average loans

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

Could not connect to database: Access denied for user 'buser'@'' (using password: YES)

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pittsburgh Savings 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