The Century National Bank and Trust Company in Rochester, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 28, 1998

  • The Century National Bank and Trust Company in Rochester, Pennsylvania (PA)
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The Century National Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 7929
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sky Bank (#14641)
    Federal Reserve ID: 1014424
    Date Established: April 11, 1872
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 16 (Interstate: No)
    OTS Docket #: 9296
    FDIC's unique #: 5075
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 28, 1998
    Last Structure Change Process Date: January 07, 1999
    Last Data Update: January 07, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Century Place, Rochester, PA 15074
    County: Beaver
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: Chicago
    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)
  • Financial Summary
  • Total assets: $454.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 188Total employees (full-time equivalent)
  • $458,672Total assets
  • $14,148Cash and due from depository institutions
  • $1,645Interest-bearing balances
  • $67,647Securities
  • $11,235Federal funds sold & reverse repurchase agreements
  • $349,204Net loans & leases
  • $4,717Loan loss allowance
  • $0Trading account assets
  • $11,563Bank premises and fixed assets
  • $0Other real estate owned
  • $125Goodwill and other intangibles
  • $0Life insurance assets
  • $4,750All other assets
  • $458,672Total liabilities and capital
  • $422,251Total liabilities
  • $393,242Total deposits
  • $346,013Interest-bearing deposits
  • $393,242Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $24,000Other borrowed funds
  • $0Subordinated debt
  • $5,009All other liabilities
  • $36,421Total equity capital
  • $36,421Total bank equity capital
  • $36,421Perpetual preferred stock
  • $0Common stock
  • $1,946Surplus
  • $3,306Undivided profits
  • Memoranda
  • $31,169Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,736Earning assets
  • $0Long-term assets (5+ years)
  • $1,606Average Assets, year-to-date
  • $429,731Average Assets, quarterly
  • $130,235Volatile liabilities
  • $435,450Insider loans
  • $458,782FHLB advances
  • $42,309Loans and leases held for sale
  • $32Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $35,799Total unused commitments
  • $0Restructured Loans and leases
  • $346,598Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $34,752Total interest income
  • $17,338Total interest expense
  • $17,414Net interest income
  • $2,070Provision for loan and lease losses
  • $3,159Total noninterest income
  • $980Fiduciary activities
  • $1,472Service charges on deposit accounts
  • $0Trading account gains & fees
  • $707Additional noninterest income
  • $13,371Total noninterest expense
  • $6,837Salaries and employee benefits
  • $2,163Premises and equipment expense
  • $4,371Additional noninterest expense
  • $5,132Pre-tax net operating income
  • $0Securities gains (losses)
  • $879Applicable income taxes
  • $4,253Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,253Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $587Sale, conversion, retirement of capital stock, net
  • $1,800Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.54%Yield on earning assets
  • 4.26%Cost of funding earning assets
  • 4.28%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 0.98%Net operating income to assets
  • 0.98%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 12.05%Return on equity (ROE)
  • 6.95%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 352.64%Credit loss provision to net charge-offs
  • 12.27%Efficiency ratio
  • 64,867Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.32%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 126.26%Noncurrent assets plus other real estate owned to assets
  • 0.81%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 88.80%Net loans and leases to core deposits
  • 98.39%Equity capital to assets
  • 7.94%Core capital (leverage) ratio
  • 7.74%Tier 1 risk-based capital ratio
  • 10.30%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $435,450Average earning assets
  • $35,294Average equity
  • $407,073Average loans

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