Sharon Savings Bank in Darby, Pennsylvania (PA)

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Sharon Savings Bank routing number info

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Sharon Savings Bank
GeneralFDIC Certificate #: 28793
Status: Active
Federal Reserve ID: 164377
Date Established: January 01, 1873
Trust Powers Granted: No
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 2376
FDIC's unique #: 41627
Numeric code: 41
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: August 27, 1936
Last Structure Change Effective Date: October 31, 2008
Last Structure Change Process Date: December 04, 2008
Last Data Update: December 04, 2008
Data Source Date: April 05, 2012
LocationAddress: 9 Chester Pike, Darby, PA 19023
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)
History of ChangesParticipated in Absorption/Consolidation/Merger
Name Change
Financial SummaryTotal assets: $211.3 mil
Equity capital: $22.0 mil
Deposits held in domestic offices: $170.9 mil
Return on assets (ROA): 0.47% ($1.0 mil)
Quarterly return on assets: 0.42% ($0.9 mil)
Return on Equity (ROE): 4.62% ($1.0 mil)
Quarterly return on equity: 4.03% ($0.9 mil)
Net income: $1.0 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 0.74% ($1,564.0 mil)
Quarterly Pretax return on assets: 0.64% ($1,352.6 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)
Total employees (full-time equivalent)44
Total assets$211,350
Cash and due from depository institutions$40,358
Interest-bearing balances$37,279
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$88,891
Loan loss allowance $412
Trading account assets$0
Bank premises and fixed assets$4,198
Other real estate owned$130
Goodwill and other intangibles$0
All other assets$9,181
Life insurance assets$211,350
Total liabilities and capital$189,368
Total liabilities$170,859
Total deposits$164,513
Interest-bearing deposits$170,859
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$17,600
Other borrowed funds $0
Subordinated debt $909
All other liabilities $21,982
Total equity capital$21,982
Total bank equity capital$21,982
Perpetual preferred stock$0
Common stock$0
Undivided profits $21,982
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $394
Earning assets $0
Long-term assets (5+ years) $900
Average Assets, year-to-date $194,762
Average Assets, quarterly $100,913
Volatile liabilities $219,026
Insider loans $213,645
FHLB advances $125,351
Loans and leases held for sale $214,009
Unused loan commitments $5,167
Tier 1 (core) risk-based capital $3,412
Tier 2 risk-based capital $21,321
Total risk weighted assets $0
Total unused commitments $1,755
Restructured Loans and leases $3,928
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,137
Total interest expense $2,913
Net interest income $6,224
Provision for loan and lease losses $147
Total noninterest income $437
Fiduciary activities $0
Service charges on deposit accounts $210
Trading account gains & fees $0
Additional noninterest income $227
Total noninterest expense $4,901
Salaries and employee benefits $2,731
Premises and equipment expense $618
Additional noninterest expense $1,552
Pre-tax net operating income $1,613
Securities gains (losses) $0
Applicable income taxes $586
Income before extraordinary items $1,027
Extraordinary gains - net $0
Net income attributable to bank $1,027
Net charge-offs $0
Cash dividends $1,027
Sale, conversion, retirement of capital stock, net $74
Net operating income $148
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.54%
Cost of funding earning assets 1.45%
Net interest margin 3.09%
Noninterest income to earning assets 0.22%
Noninterest expense to earning assets 2.44%
Net operating income to assets 0.47%
Return on assets (ROA) 0.47%
Pretax return on assets 0.74%
Return on equity (ROE) 4.62%
Retained earnings to average equity (YTD only) 3.96%
Net charge-offs to loans 0.08%
Credit loss provision to net charge-offs 198.65%
Efficiency ratio23.78%
Assets per employee$73,578
Cash dividends to net income (YTD only)4.80%
Condition Ratios (%)
Loss allowance to loans 14.41%
Loss allowance to noncurrent loans 0.46%
Noncurrent assets plus other real estate owned to assets 104.57%
Noncurrent loans to loans 0.25%
Net loans and leases to deposits0.44%
Net loans and leases to core deposits 52.03%
Equity capital to assets 52.71%
Core capital (leverage) ratio 10.40%
Tier 1 risk-based capital ratio 9.96%
Total risk-based capital ratio 17.01%
Average assets$17
Average earning assets$219,026
Average equity $22,219
Average loans $201,225
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5 Pennsylvania Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
041627Sharon Savings Bank9 Chester Pike, Darby, PA 19023January 01, 1873Full Service Brick and Mortar
100270605Springfield & Brookside Roads BranchSpringfield & Brookside Roads, Springfield, PA 19064January 01, 1873Full Service Brick and Mortar
102270607Valley View Shopping Center Branch3480 Pennell Road, Aston, PA 19014August 01, 1995Full Service Brick and Mortar
10343356119th And South Streets Branch1900-02 South Street, Philadelphia, PA 19146November 01, 2004Full Service Brick and Mortar
10442559Morton Savings Bank Branch25 South Morton Avenue, Morton, PA 19070January 01, 1885Full Service Brick and Mortar
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