Security First Bank in Media, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 23, 1994

  • Security First Bank in Media, Pennsylvania (PA)
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Security First Bank - Overview

  • General
  • FDIC Certificate #: 27308
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Jefferson Bank (#21800)
    Federal Reserve ID: 1213179
    Date Established: August 01, 1988
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39456
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 01, 1988
    Last Structure Change Effective Date: December 23, 1994
    Last Structure Change Process Date: January 31, 1995
    Last Data Update: January 31, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1223 North Providence Road, Media, PA 19063
    County: Delaware
    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: $33.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $34,743Cash and due from depository institutions
  • $1,057Interest-bearing balances
  • $51Securities
  • $6,396Federal funds sold & reverse repurchase agreements
  • $1,800Net loans & leases
  • $24,887Loan loss allowance
  • $600Trading account assets
  • $0Bank premises and fixed assets
  • $256Other real estate owned
  • $0Goodwill and other intangibles
  • $347Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,743Total liabilities
  • $31,337Total deposits
  • $30,764Interest-bearing deposits
  • $26,790Deposits held in domestic offices
  • 30764.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $573Total equity capital
  • $573Total bank equity capital
  • $3,406Perpetual preferred stock
  • $0Common stock
  • $2,390Surplus
  • $2,690Undivided profits
  • Memoranda
  • $-1,674Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,445Income earned, not collected on loans
  • $162Earning assets
  • $33,134Long-term assets (5+ years)
  • $2,425Average Assets, year-to-date
  • $35,941Average Assets, quarterly
  • $35,144Volatile liabilities
  • $3,716Insider loans
  • $3,174FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,377Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,406Total risk weighted assets
  • $24,993Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,743Total interest expense
  • $1,103Net interest income
  • $1,640Provision for loan and lease losses
  • $330Total noninterest income
  • $140Fiduciary activities
  • $0Service charges on deposit accounts
  • $91Trading account gains & fees
  • $0Additional noninterest income
  • $49Total noninterest expense
  • $1,570Salaries and employee benefits
  • $655Premises and equipment expense
  • $295Additional noninterest expense
  • $620Pre-tax net operating income
  • -$120Securities gains (losses)
  • $18Applicable income taxes
  • $0Income before extraordinary items
  • -$102Extraordinary gains - net
  • $0Net income attributable to bank
  • -$102Net charge-offs
  • $374Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.15%Cost of funding earning assets
  • 3.28%Net interest margin
  • 4.87%Noninterest income to earning assets
  • 0.42%Noninterest expense to earning assets
  • 4.67%Net operating income to assets
  • -0.33%Return on assets (ROA)
  • -0.28%Pretax return on assets
  • -0.28%Return on equity (ROE)
  • -2.98%Retained earnings to average equity (YTD only)
  • -2.98%Net charge-offs to loans
  • 1.47%Credit loss provision to net charge-offs
  • 88.24%Efficiency ratio
  • 87,921Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.35%Loss allowance to noncurrent loans
  • 41.52%Noncurrent assets plus other real estate owned to assets
  • 4.16%Noncurrent loans to loans
  • 5.67%Net loans and leases to deposits
  • 80.90%Net loans and leases to core deposits
  • 92.01%Equity capital to assets
  • 9.80%Core capital (leverage) ratio
  • 9.58%Tier 1 risk-based capital ratio
  • 13.63%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $35,941Average earning assets
  • $3,423Average equity
  • $33,651Average loans

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