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


Sewickley Savings Bank - Overview

  • General
  • FDIC Certificate #: 30154
    Status: Active
    Federal Reserve ID: 678070
    Date Established: January 01, 1884
    WWW: http://www.sewickleysavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 4856
    FDIC's unique #: 42988
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: July 08, 1942
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: Broad Street And Centennial Avenue, Sewickley, PA 15143
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $314.7 mil
    Equity capital: $74.8 mil
    Deposits held in domestic offices: $236.3 mil
    Return on assets (ROA): 0.60% ($1.9 mil)
    Quarterly return on assets: 0.42% ($1.3 mil)
    Return on Equity (ROE): 2.52% ($1.9 mil)
    Quarterly return on equity: 1.77% ($1.3 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.83% ($2,612.2 mil)
    Quarterly Pretax return on assets: 0.49% ($1,542.1 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
  • 23Total employees (full-time equivalent)
  • $314,718Total assets
  • $72,146Cash and due from depository institutions
  • $70,737Interest-bearing balances
  • $175,668Securities
  • $4,953Federal funds sold & reverse repurchase agreements
  • $49,799Net loans & leases
  • $965Loan loss allowance
  • $0Trading account assets
  • $1,633Bank premises and fixed assets
  • $313Other real estate owned
  • $0Goodwill and other intangibles
  • $314,718Life insurance assets
  • $10,206All other assets
  • $239,914Total liabilities and capital
  • $236,342Total liabilities
  • $233,114Total deposits
  • $236,342Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,705Trading liabilities
  • $0Other borrowed funds
  • $1,867Subordinated debt
  • $74,804All other liabilities
  • $74,804Total equity capital
  • $74,804Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $74,804Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,471Income earned, not collected on loans
  • $0Earning assets
  • $1,748Long-term assets (5+ years)
  • $301,157Average Assets, year-to-date
  • $156,101Average Assets, quarterly
  • $304,331Volatile liabilities
  • $311,310Insider loans
  • $115,682FHLB advances
  • $307,109Loans and leases held for sale
  • $6,253Unused loan commitments
  • $6,253Tier 1 (core) risk-based capital
  • $72,924Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,116Restructured Loans and leases
  • $93Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,433Total interest income
  • $3,521Total interest expense
  • $5,912Net interest income
  • $117Provision for loan and lease losses
  • $295Total noninterest income
  • $0Fiduciary activities
  • $28Service charges on deposit accounts
  • $0Trading account gains & fees
  • $267Additional noninterest income
  • $3,619Total noninterest expense
  • $2,365Salaries and employee benefits
  • $229Premises and equipment expense
  • $1,025Additional noninterest expense
  • $2,471Pre-tax net operating income
  • $44Securities gains (losses)
  • $676Applicable income taxes
  • $1,839Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,839Net income attributable to bank
  • $0Net charge-offs
  • $1,839Cash dividends
  • $17Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.25%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 2.03%Net interest margin
  • 0.10%Noninterest income to earning assets
  • 1.25%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.83%Pretax return on assets
  • 2.52%Return on equity (ROE)
  • 2.52%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 688.24%Credit loss provision to net charge-offs
  • 152.24%Efficiency ratio
  • 58,305Assets per employee
  • 13.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.90%Loss allowance to noncurrent loans
  • 65.60%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 2.90%Net loans and leases to deposits
  • 21.07%Net loans and leases to core deposits
  • 22.41%Equity capital to assets
  • 23.77%Core capital (leverage) ratio
  • 23.75%Tier 1 risk-based capital ratio
  • 63.04%Total risk-based capital ratio
  • Memoranda
  • $64Average assets
  • $304,331Average earning assets
  • $72,916Average equity
  • $290,603Average loans

List of branches

  • 3 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    042988Sewickley Savings BankBroad Street And Centennial Avenue, Sewickley, PA 15143January 01, 1884Full Service Brick and Mortar
    1278855901 4th Ave Branch901 4th Ave, Coraopolis, PA 15108January 01, 1884Full Service Brick and Mortar
    1002788565701 Steubenville Pike Branch5701 Steubenville Pike, Mckees Rocks, PA 15136January 01, 1884Full Service Brick and Mortar

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