SunBank in Selinsgrove, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2004

  • SunBank in Selinsgrove, Pennsylvania (PA)
  • Show street view No street view available for this location

SunBank - Overview

  • General
  • FDIC Certificate #: 441
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Omega Bank (#7533)
    Federal Reserve ID: 281416
    Date Established: July 15, 1925
    WWW: http://www.sunbankpa.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 24 (Interstate: No)
    OTS Docket #: 9304
    FDIC's unique #: 338
    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: January 01, 1934
    Last Structure Change Effective Date: October 01, 2004
    Last Structure Change Process Date: October 19, 2004
    Last Data Update: October 19, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: Market And Pine Streets, Selinsgrove, PA 17870
    County: Snyder
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Combined Statistical Area (CSA): Sunbury-Lewisburg-Selinsgrove, PA (#526)
    Core Based Statistical Area (CBSA): Selinsgrove, PA (#42780)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $1,031.0 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, 2003)

  • Dollar figures in thousands
  • 275Total employees (full-time equivalent)
  • $1,031,662Total assets
  • $27,232Cash and due from depository institutions
  • $515Interest-bearing balances
  • $208,222Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $672,357Net loans & leases
  • $7,754Loan loss allowance
  • $0Trading account assets
  • $20,303Bank premises and fixed assets
  • $7,367Other real estate owned
  • $29,201Goodwill and other intangibles
  • $0Life insurance assets
  • $66,980All other assets
  • $1,031,662Total liabilities and capital
  • $933,317Total liabilities
  • $618,565Total deposits
  • $546,710Interest-bearing deposits
  • $618,565Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $27,693Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $277,782Other borrowed funds
  • $0Subordinated debt
  • $9,277All other liabilities
  • $98,345Total equity capital
  • $98,345Total bank equity capital
  • $98,345Perpetual preferred stock
  • $0Common stock
  • $1,050Surplus
  • $54,094Undivided profits
  • Memoranda
  • $43,201Noncurrent loans and leases
  • $158,291Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,392Earning assets
  • $69Long-term assets (5+ years)
  • $3,376Average Assets, year-to-date
  • $881,094Average Assets, quarterly
  • $189,209Volatile liabilities
  • $1,007,004Insider loans
  • $1,031,524FHLB advances
  • $124,825Loans and leases held for sale
  • $11,204Unused loan commitments
  • $265,757Tier 1 (core) risk-based capital
  • $100,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $158,291Total unused commitments
  • $56Restructured Loans and leases
  • $7,754Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $49,278Total interest income
  • $24,299Total interest expense
  • $24,979Net interest income
  • $1,620Provision for loan and lease losses
  • $9,584Total noninterest income
  • $726Fiduciary activities
  • $3,602Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,256Additional noninterest income
  • $26,185Total noninterest expense
  • $12,204Salaries and employee benefits
  • $3,452Premises and equipment expense
  • $10,529Additional noninterest expense
  • $6,758Pre-tax net operating income
  • $3,003Securities gains (losses)
  • $1,679Applicable income taxes
  • $8,082Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,082Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $765Sale, conversion, retirement of capital stock, net
  • $15,685Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.67%Yield on earning assets
  • 2.80%Cost of funding earning assets
  • 2.87%Net interest margin
  • 1.10%Noninterest income to earning assets
  • 3.01%Noninterest expense to earning assets
  • 0.56%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 8.37%Return on equity (ROE)
  • -7.88%Retained earnings to average equity (YTD only)
  • 0.12%Net charge-offs to loans
  • 211.76%Credit loss provision to net charge-offs
  • 10.95%Efficiency ratio
  • 74,461Assets per employee
  • 3.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 194.07%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 176.55%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 108.70%Net loans and leases to core deposits
  • 120.25%Equity capital to assets
  • 9.53%Core capital (leverage) ratio
  • 6.93%Tier 1 risk-based capital ratio
  • 9.22%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,007,004Average earning assets
  • $96,537Average equity
  • $869,114Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $137,400Managed Assets
  • 1Number of Accounts
  • $93,069Personal trust and agency accounts
  • $49,339Employee benefit-defined contribution accounts
  • $1,767Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $1,509Corporate trust and agency accounts
  • $6,118Investment management agency accounts
  • $34,336Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 524Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $44,331Other retirement accounts
  • $88Corporate trust and agency accounts
  • $29,438Other fiduciary accounts
  • $14,801Fiduciary accounts held in foreign offices

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