Swineford National Bank in Middleburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Swineford National Bank - Overview

  • General
  • FDIC Certificate #: 7774
    Status: Active
    Federal Reserve ID: 203418
    Bank Holding Company (Regulatory Top Holder): Fulton Financial Corporation (RSSDID: 1117129, Location: Lancaster, PA)
    Date Established: October 16, 1903
    WWW: http://www.swineford.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 12040
    FDIC's unique #: 5016
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    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: 227 East Main Street, Middleburg, PA 17842
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $290.7 mil
    Equity capital: $31.2 mil
    Deposits held in domestic offices: $237.8 mil
    Return on assets (ROA): 1.57% ($4.6 mil)
    Quarterly return on assets: 1.54% ($4.5 mil)
    Return on Equity (ROE): 15.77% ($4.9 mil)
    Quarterly return on equity: 14.35% ($4.4 mil)
    Net income: $4.7 mil
    Quarterly Net income: $1.1 mil
    Pretax return on assets: 2.35% ($6,831.3 mil)
    Quarterly Pretax return on assets: 2.30% ($6,685.9 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
  • 60Total employees (full-time equivalent)
  • $290,693Total assets
  • $6,727Cash and due from depository institutions
  • $341Interest-bearing balances
  • $67,815Securities
  • $16,171Federal funds sold & reverse repurchase agreements
  • $176,311Net loans & leases
  • $3,184Loan loss allowance
  • $0Trading account assets
  • $2,922Bank premises and fixed assets
  • $0Other real estate owned
  • $2,246Goodwill and other intangibles
  • $290,693Life insurance assets
  • $18,501All other assets
  • $259,474Total liabilities and capital
  • $237,787Total liabilities
  • $193,561Total deposits
  • $237,787Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 6751.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,275Trading liabilities
  • $0Other borrowed funds
  • $1,661Subordinated debt
  • $31,219All other liabilities
  • $31,219Total equity capital
  • $31,219Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $9,525Surplus
  • $21,294Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $123Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $708Income earned, not collected on loans
  • $0Earning assets
  • $899Long-term assets (5+ years)
  • $260,638Average Assets, year-to-date
  • $83,561Average Assets, quarterly
  • $297,470Volatile liabilities
  • $292,024Insider loans
  • $199,669FHLB advances
  • $287,362Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $28,232Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $78,139Restructured Loans and leases
  • $4,576Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,694Total interest income
  • $1,803Total interest expense
  • $10,891Net interest income
  • -$10Provision for loan and lease losses
  • $3,990Total noninterest income
  • $0Fiduciary activities
  • $1,445Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,545Additional noninterest income
  • $8,245Total noninterest expense
  • $2,821Salaries and employee benefits
  • $694Premises and equipment expense
  • $4,730Additional noninterest expense
  • $6,646Pre-tax net operating income
  • $347Securities gains (losses)
  • $2,308Applicable income taxes
  • $4,685Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,685Net income attributable to bank
  • $0Net charge-offs
  • $4,685Cash dividends
  • $141Sale, conversion, retirement of capital stock, net
  • $925Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.61%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 3.95%Net interest margin
  • 1.45%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 1.50%Net operating income to assets
  • 1.57%Return on assets (ROA)
  • 2.35%Pretax return on assets
  • 15.77%Return on equity (ROE)
  • 12.65%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • -7.09%Credit loss provision to net charge-offs
  • 47.06%Efficiency ratio
  • 55,406Assets per employee
  • 4.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.74%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 449.72%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 74.15%Net loans and leases to core deposits
  • 77.75%Equity capital to assets
  • 10.74%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 14.14%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $297,470Average earning assets
  • $29,712Average equity
  • $275,610Average loans

List of branches

  • 7 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    05016Swineford National Bank227 East Main Street, Middleburg, PA 17842October 16, 1903Full Service Brick and Mortar
    1216579Hummels Wharf1255 North Susquehanna Trail, Hummels Wharf, PA 17831December 02, 1970Full Service Brick and Mortar
    2216580Mt. Pleasant Mills Branch8413 Route 104, Mount Pleasant Mills, PA 17853November 12, 1984Full Service Brick and Mortar
    3216581Beaver Springs Branch19680 Route 522, Beaver Springs, PA 17812June 11, 1987Full Service Brick and Mortar
    5277084Lewisburg Branch70 International Drive, Lewisburg, PA 17837January 01, 1873Full Service Brick and Mortar
    743909Sunbury Main Branch835 North Fourth Street, Sunbury, PA 17801January 01, 1876Full Service Brick and Mortar
    8357055Mifflinburg Branch32 East Chestnut Street, Mifflinburg, PA 17844July 01, 1999Full Service Brick and Mortar

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