Reliance Savings Bank in Altoona, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Reliance Savings Bank - Overview

  • General
  • FDIC Certificate #: 30117
    Status: Active
    Federal Reserve ID: 743679
    Bank Holding Company (Regulatory Top Holder): Reliance Bancorp,mhc (RSSDID: 3788783, Location: Altoona, PA)
    Date Established: January 01, 1939
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 4776
    FDIC's unique #: 42951
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 26, 1940
    Last Structure Change Effective Date: August 07, 2008
    Last Structure Change Process Date: August 07, 2008
    Last Data Update: August 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1119 Twelfth Street, Altoona, PA 16601
    County: Blair
    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): Altoona, PA (#280)
    Core Based Statistical Area (CBSA): Altoona, PA (#11020)
    CBSA Metro Statistical Area: Altoona, PA (#11020)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $378.5 mil
    Equity capital: $40.1 mil
    Deposits held in domestic offices: $277.4 mil
    Return on assets (ROA): 0.62% ($2.3 mil)
    Quarterly return on assets: 0.64% ($2.4 mil)
    Return on Equity (ROE): 5.87% ($2.3 mil)
    Quarterly return on equity: 5.99% ($2.4 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.83% ($3,141.9 mil)
    Quarterly Pretax return on assets: 0.83% ($3,141.9 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
  • 89Total employees (full-time equivalent)
  • $378,548Total assets
  • $17,154Cash and due from depository institutions
  • $4,309Interest-bearing balances
  • $74,399Securities
  • $72Federal funds sold & reverse repurchase agreements
  • $264,880Net loans & leases
  • $3,230Loan loss allowance
  • $0Trading account assets
  • $4,587Bank premises and fixed assets
  • $314Other real estate owned
  • $4,446Goodwill and other intangibles
  • $378,548Life insurance assets
  • $12,696All other assets
  • $338,484Total liabilities and capital
  • $277,398Total liabilities
  • $241,324Total deposits
  • $277,398Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 18204.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $35,657Trading liabilities
  • $0Other borrowed funds
  • $7,225Subordinated debt
  • $40,064All other liabilities
  • $40,064Total equity capital
  • $40,064Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $40,064Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,254Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,134Income earned, not collected on loans
  • $0Earning assets
  • $1,291Long-term assets (5+ years)
  • $343,660Average Assets, year-to-date
  • $117,773Average Assets, quarterly
  • $368,321Volatile liabilities
  • $375,046Insider loans
  • $289,695FHLB advances
  • $367,462Loans and leases held for sale
  • $3,160Unused loan commitments
  • $3,160Tier 1 (core) risk-based capital
  • $36,135Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $53,650Restructured Loans and leases
  • $818Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,499Total interest income
  • $4,005Total interest expense
  • $11,494Net interest income
  • $475Provision for loan and lease losses
  • $3,065Total noninterest income
  • $0Fiduciary activities
  • $633Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,432Additional noninterest income
  • $11,203Total noninterest expense
  • $6,181Salaries and employee benefits
  • $1,031Premises and equipment expense
  • $3,991Additional noninterest expense
  • $2,881Pre-tax net operating income
  • $188Securities gains (losses)
  • $786Applicable income taxes
  • $2,283Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,283Net income attributable to bank
  • $0Net charge-offs
  • $2,283Cash dividends
  • $906Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.20%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.58%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 5.87%Return on equity (ROE)
  • 5.87%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 52.43%Credit loss provision to net charge-offs
  • 3.70%Efficiency ratio
  • 76,303Assets per employee
  • 4.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 284.83%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.42%Net loans and leases to deposits
  • 95.49%Net loans and leases to core deposits
  • 103.77%Equity capital to assets
  • 10.58%Core capital (leverage) ratio
  • 9.83%Tier 1 risk-based capital ratio
  • 12.47%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $368,321Average earning assets
  • $38,879Average equity
  • $334,866Average loans

List of branches

  • 7 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042951Reliance Savings Bank1119 Twelfth Street, Altoona, PA 16601January 01, 1939Full Service Brick and Mortar
    1278693Plank Road Branch226 W Plank Road, Altoona, PA 16602January 01, 1939Full Service Brick and Mortar
    10043693Tyrone Branch916 Pennsylvania Ave, Tyrone, PA 16686January 01, 1890Full Service Brick and Mortar
    102278697North Atherton Branch100 Hawbaker Industrial Drive, State College, PA 16803July 13, 1998Full Service Brick and Mortar
    103278698Lakemont Branch401 S. Logan Blvd, Altoona, PA 16602March 08, 1999Full Service Brick and Mortar
    10644459617th Street Branch1921 Pleasant Valley Boulevard, Altoona, PA 16602September 06, 2005Full Service Brick and Mortar
    107215719Meadows Branch1254 Plank Rd, Duncansville, PA 16635November 06, 1995Full Service Brick and Mortar

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