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)
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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

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