Premier Bank in Doylestown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 09, 2006

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

Premier Bank - Overview

  • General
  • FDIC Certificate #: 33581
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fulton Bank, National Association (#7551)
    Federal Reserve ID: 1954294
    Date Established: April 24, 1992
    WWW: http://www.premierbankonline.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Interstate: No)
    OTS Docket #: 12259
    FDIC's unique #: 47526
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 24, 1992
    Last Structure Change Effective Date: December 09, 2006
    Last Structure Change Process Date: January 08, 2007
    Last Data Update: January 08, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 379 North Main Street, Doylestown, PA 18901
    County: Bucks
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $544.7 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, 2005)

  • Dollar figures in thousands
  • 79Total employees (full-time equivalent)
  • $532,968Total assets
  • $9,400Cash and due from depository institutions
  • $659Interest-bearing balances
  • $98,056Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $357,139Net loans & leases
  • $4,816Loan loss allowance
  • $0Trading account assets
  • $3,265Bank premises and fixed assets
  • $0Other real estate owned
  • $56,426Goodwill and other intangibles
  • $0Life insurance assets
  • $8,682All other assets
  • $532,968Total liabilities and capital
  • $445,985Total liabilities
  • $336,546Total deposits
  • $292,126Interest-bearing deposits
  • $336,546Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $60,591Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $40,000Other borrowed funds
  • $4,500Subordinated debt
  • $4,348All other liabilities
  • $86,983Total equity capital
  • $86,983Total bank equity capital
  • $86,983Perpetual preferred stock
  • $0Common stock
  • $868Surplus
  • $98,195Undivided profits
  • Memoranda
  • $-12,080Noncurrent loans and leases
  • $56,934Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $27Earning assets
  • $0Long-term assets (5+ years)
  • $2,251Average Assets, year-to-date
  • $455,854Average Assets, quarterly
  • $45,104Volatile liabilities
  • $522,694Insider loans
  • $527,399FHLB advances
  • $131,872Loans and leases held for sale
  • $6,370Unused loan commitments
  • $40,000Tier 1 (core) risk-based capital
  • $39,554Tier 2 risk-based capital
  • $2,095Total risk weighted assets
  • $56,934Total unused commitments
  • $0Restructured Loans and leases
  • $9,258Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $27,173Total interest income
  • $8,833Total interest expense
  • $18,340Net interest income
  • $0Provision for loan and lease losses
  • $1,026Total noninterest income
  • $0Fiduciary activities
  • $314Service charges on deposit accounts
  • $0Trading account gains & fees
  • $712Additional noninterest income
  • $12,134Total noninterest expense
  • $5,073Salaries and employee benefits
  • $1,448Premises and equipment expense
  • $5,613Additional noninterest expense
  • $7,232Pre-tax net operating income
  • $159Securities gains (losses)
  • $2,430Applicable income taxes
  • $4,961Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,961Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$179Sale, conversion, retirement of capital stock, net
  • $13,500Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.15%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.75%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 5.16%Return on equity (ROE)
  • -8.89%Retained earnings to average equity (YTD only)
  • -0.05%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 57,523Assets per employee
  • 6.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 272.12%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 17837.04%Noncurrent assets plus other real estate owned to assets
  • 0.01%Noncurrent loans to loans
  • 0.01%Net loans and leases to deposits
  • 106.12%Net loans and leases to core deposits
  • 127.43%Equity capital to assets
  • 16.32%Core capital (leverage) ratio
  • 7.17%Tier 1 risk-based capital ratio
  • 8.85%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $522,694Average earning assets
  • $96,075Average equity
  • $441,821Average loans

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