FDIC Certificate #: 19868 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Pennsylvania (#7888) Federal Reserve ID: 308425 Date Established: April 01, 1868 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 8 (Interstate: No) OTS Docket #: 10373 FDIC's unique #: 13656 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: November 15, 1968 Last Structure Change Effective Date: March 16, 2001 Last Structure Change Process Date: May 01, 2001 Last Data Update: May 01, 2001 Data Source Date: April 05, 2012
Location
Address: 1217 Seventh Avenue, Beaver Falls, PA 15010 County: Beaver 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: $171.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
56Total employees (full-time equivalent)
$171,052Total assets
$6,805Cash and due from depository institutions
$147Interest-bearing balances
$21,916Securities
$625Federal funds sold & reverse repurchase agreements
$134,080Net loans & leases
$1,308Loan loss allowance
$0Trading account assets
$2,230Bank premises and fixed assets
$7Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,389All other assets
$171,052Total liabilities and capital
$158,643Total liabilities
$155,729Total deposits
$128,038Interest-bearing deposits
$155,729Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,325Other borrowed funds
$0Subordinated debt
$1,589All other liabilities
$12,409Total equity capital
$12,409Total bank equity capital
$12,409Perpetual preferred stock
$0Common stock
$600Surplus
$10,235Undivided profits
Memoranda
$1,574Noncurrent loans and leases
$22,475Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$896Earning assets
$108Long-term assets (5+ years)
$574Average Assets, year-to-date
$156,768Average Assets, quarterly
$64,011Volatile liabilities
$167,822Insider loans
$173,667FHLB advances
$21,595Loans and leases held for sale
$1,639Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$340Total risk weighted assets
$22,475Total unused commitments
$0Restructured Loans and leases
$1,308Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$12,132Total interest income
$5,105Total interest expense
$7,027Net interest income
$204Provision for loan and lease losses
$1,212Total noninterest income
$0Fiduciary activities
$744Service charges on deposit accounts
$0Trading account gains & fees
$468Additional noninterest income
$5,086Total noninterest expense
$2,038Salaries and employee benefits
$713Premises and equipment expense
$2,335Additional noninterest expense
$2,949Pre-tax net operating income
$0Securities gains (losses)
$822Applicable income taxes
$2,127Income before extraordinary items
$0Extraordinary gains - net
$2,127Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$76Sale, conversion, retirement of capital stock, net
$1,238Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.93%Yield on earning assets
3.34%Cost of funding earning assets
4.60%Net interest margin
0.79%Noninterest income to earning assets
3.33%Noninterest expense to earning assets
1.27%Net operating income to assets
1.27%Return on assets (ROA)
1.76%Pretax return on assets
18.33%Return on equity (ROE)
7.66%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
268.42%Credit loss provision to net charge-offs
41.49%Efficiency ratio
61,731Assets per employee
3.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.20%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
145.98%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.66%Net loans and leases to deposits
86.10%Net loans and leases to core deposits
98.98%Equity capital to assets
7.25%Core capital (leverage) ratio
7.15%Tier 1 risk-based capital ratio
10.26%Total risk-based capital ratio
Memoranda
$11Average assets
$167,822Average earning assets
$11,604Average equity
$152,898Average loans
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