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

This bank is inactive as of September 13, 2002

  • Prestige Bank, A Federal Savings Bank in Pittsburgh, Pennsylvania (PA)
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Prestige Bank, A Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29455
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northwest Savings Bank (#28178)
    Federal Reserve ID: 560072
    Date Established: June 06, 1935
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3481
    FDIC's unique #: 42289
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: June 06, 1935
    Last Structure Change Effective Date: September 13, 2002
    Last Structure Change Process Date: October 30, 2002
    Last Data Update: October 30, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 710 Clairton Road, Pittsburgh, PA 15236
    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: $189.3 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, 2001)

  • Dollar figures in thousands
  • 48Total employees (full-time equivalent)
  • $193,859Total assets
  • $15,693Cash and due from depository institutions
  • $14,451Interest-bearing balances
  • $30,366Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $137,614Net loans & leases
  • $1,167Loan loss allowance
  • $0Trading account assets
  • $2,150Bank premises and fixed assets
  • $271Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,765All other assets
  • $193,859Total liabilities and capital
  • $183,273Total liabilities
  • $125,391Total deposits
  • $117,969Interest-bearing deposits
  • $125,391Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $55,800Other borrowed funds
  • $0Subordinated debt
  • $2,082All other liabilities
  • $10,586Total equity capital
  • $10,586Total bank equity capital
  • $10,586Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $4,483Undivided profits
  • Memoranda
  • $6,102Noncurrent loans and leases
  • $9,219Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,309Earning assets
  • $0Long-term assets (5+ years)
  • $876Average Assets, year-to-date
  • $182,431Average Assets, quarterly
  • $0Volatile liabilities
  • $198,796Insider loans
  • $195,409FHLB advances
  • $71,146Loans and leases held for sale
  • $8Unused loan commitments
  • $55,800Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,219Total unused commitments
  • $0Restructured Loans and leases
  • $1,167Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $12,659Total interest income
  • $8,480Total interest expense
  • $4,179Net interest income
  • $285Provision for loan and lease losses
  • $1,049Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,049Additional noninterest income
  • $4,773Total noninterest expense
  • $2,308Salaries and employee benefits
  • $990Premises and equipment expense
  • $1,475Additional noninterest expense
  • $170Pre-tax net operating income
  • $3Securities gains (losses)
  • $73Applicable income taxes
  • $100Income before extraordinary items
  • $0Extraordinary gains - net
  • $100Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,505Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.76%Yield on earning assets
  • 4.53%Cost of funding earning assets
  • 2.23%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 0.94%Return on equity (ROE)
  • 0.94%Retained earnings to average equity (YTD only)
  • 1.67%Net charge-offs to loans
  • 11.38%Credit loss provision to net charge-offs
  • 0.18%Efficiency ratio
  • 91,297Assets per employee
  • 4.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 50.54%Noncurrent assets plus other real estate owned to assets
  • 1.33%Noncurrent loans to loans
  • 1.66%Net loans and leases to deposits
  • 109.75%Net loans and leases to core deposits
  • 125.05%Equity capital to assets
  • 5.46%Core capital (leverage) ratio
  • 5.48%Tier 1 risk-based capital ratio
  • 10.74%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $198,796Average earning assets
  • $10,671Average equity
  • $187,249Average loans

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