Progressive-Home Federal Savings and Loan Association in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Progressive-Home Federal Savings and Loan Association in Pittsburgh, Pennsylvania (PA)
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Progressive-Home Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 27894
    Status: Active
    Federal Reserve ID: 613772
    Date Established: January 01, 1889
    WWW: http://www.phfsl.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 495
    FDIC's unique #: 40728
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: October 10, 1942
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 820 Warrington Avenue, Pittsburgh, PA 15210
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $52.2 mil
    Equity capital: $7.2 mil
    Deposits held in domestic offices: $40.5 mil
    Return on assets (ROA): 0.16% ($0.1 mil)
    Quarterly return on assets: 0.02% ($0.0 mil)
    Return on Equity (ROE): 1.22% ($0.1 mil)
    Quarterly return on equity: 0.11% ($0.0 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.25% ($130.5 mil)
    Quarterly Pretax return on assets: 0.02% ($10.4 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, 2011)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $52,184Total assets
  • $2,908Cash and due from depository institutions
  • $2,166Interest-bearing balances
  • $22,869Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $24,261Net loans & leases
  • $310Loan loss allowance
  • $0Trading account assets
  • $316Bank premises and fixed assets
  • $19Other real estate owned
  • $0Goodwill and other intangibles
  • $52,184Life insurance assets
  • $1,811All other assets
  • $44,983Total liabilities and capital
  • $40,492Total liabilities
  • $39,071Total deposits
  • $40,492Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,360Trading liabilities
  • $0Other borrowed funds
  • $131Subordinated debt
  • $7,201All other liabilities
  • $7,201Total equity capital
  • $7,201Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $7,201Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $171Income earned, not collected on loans
  • $0Earning assets
  • $228Long-term assets (5+ years)
  • $49,296Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $51,886Volatile liabilities
  • $52,324Insider loans
  • $23,299FHLB advances
  • $50,695Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,712Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,975Restructured Loans and leases
  • $500Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,190Total interest income
  • $651Total interest expense
  • $1,539Net interest income
  • $40Provision for loan and lease losses
  • $23Total noninterest income
  • $0Fiduciary activities
  • $7Service charges on deposit accounts
  • $0Trading account gains & fees
  • $16Additional noninterest income
  • $1,413Total noninterest expense
  • $851Salaries and employee benefits
  • $252Premises and equipment expense
  • $310Additional noninterest expense
  • $109Pre-tax net operating income
  • $21Securities gains (losses)
  • $47Applicable income taxes
  • $83Income before extraordinary items
  • $0Extraordinary gains - net
  • $83Net income attributable to bank
  • $0Net charge-offs
  • $83Cash dividends
  • $82Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 1.33%Cost of funding earning assets
  • 3.15%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.13%Net operating income to assets
  • 0.16%Return on assets (ROA)
  • 0.25%Pretax return on assets
  • 1.22%Return on equity (ROE)
  • 1.22%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 48.78%Credit loss provision to net charge-offs
  • 1.82%Efficiency ratio
  • 90,461Assets per employee
  • 4.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 181.29%Noncurrent assets plus other real estate owned to assets
  • 0.36%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 59.92%Net loans and leases to core deposits
  • 60.51%Equity capital to assets
  • 13.80%Core capital (leverage) ratio
  • 11.27%Tier 1 risk-based capital ratio
  • 24.52%Total risk-based capital ratio
  • Memoranda
  • $26Average assets
  • $51,886Average earning assets
  • $6,792Average equity
  • $48,869Average loans

List of branches

  • 2 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040728Progressive-Home Federal Savings And820 Warrington Avenue, Pittsburgh, PA 15210January 01, 1889Full Service Brick and Mortar
    12640403029 W Liberty Ave Branch3029 W Liberty Ave, Pittsburgh, PA 15216January 01, 1889Full Service Brick and Mortar

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