The Dime Bank in Honesdale, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


The Dime Bank - Overview

  • General
  • FDIC Certificate #: 9888
    Status: Active
    Federal Reserve ID: 56717
    Bank Holding Company (Regulatory Top Holder): Dimeco, Inc (RSSDID: 2065432, Location: Honesdale, PA)
    Date Established: January 01, 1906
    WWW: http://www.thedimebank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 10146
    FDIC's unique #: 6326
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    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: 820-822 Church Street, Honesdale, PA 18431
    County: Wayne
    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
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $581.4 mil
    Equity capital: $53.4 mil
    Deposits held in domestic offices: $485.4 mil
    Return on assets (ROA): 0.97% ($5.6 mil)
    Quarterly return on assets: 0.87% ($5.1 mil)
    Return on Equity (ROE): 10.61% ($5.6 mil)
    Quarterly return on equity: 9.39% ($5.0 mil)
    Net income: $5.4 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.23% ($7,151.8 mil)
    Quarterly Pretax return on assets: 1.09% ($6,337.8 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
  • 124Total employees (full-time equivalent)
  • $581,445Total assets
  • $9,923Cash and due from depository institutions
  • $5,408Interest-bearing balances
  • $95,221Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $438,938Net loans & leases
  • $8,316Loan loss allowance
  • $0Trading account assets
  • $9,997Bank premises and fixed assets
  • $3,467Other real estate owned
  • $540Goodwill and other intangibles
  • $581,445Life insurance assets
  • $23,359All other assets
  • $528,059Total liabilities and capital
  • $485,409Total liabilities
  • $432,067Total deposits
  • $485,409Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 14686.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $23,618Trading liabilities
  • $0Other borrowed funds
  • $4,346Subordinated debt
  • $53,386All other liabilities
  • $53,386Total equity capital
  • $53,386Total bank equity capital
  • $0Perpetual preferred stock
  • $333Common stock
  • $1,756Surplus
  • $51,297Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,066Income earned, not collected on loans
  • $0Earning assets
  • $1,803Long-term assets (5+ years)
  • $539,567Average Assets, year-to-date
  • $201,171Average Assets, quarterly
  • $559,105Volatile liabilities
  • $575,490Insider loans
  • $482,148FHLB advances
  • $578,391Loans and leases held for sale
  • $10,060Unused loan commitments
  • $8,724Tier 1 (core) risk-based capital
  • $51,635Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,336Total unused commitments
  • $67,807Restructured Loans and leases
  • $15,643Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $24,910Total interest income
  • $5,152Total interest expense
  • $19,758Net interest income
  • $2,875Provision for loan and lease losses
  • $3,194Total noninterest income
  • $33Fiduciary activities
  • $1,022Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,139Additional noninterest income
  • $13,244Total noninterest expense
  • $6,981Salaries and employee benefits
  • $1,570Premises and equipment expense
  • $4,693Additional noninterest expense
  • $6,833Pre-tax net operating income
  • $46Securities gains (losses)
  • $1,437Applicable income taxes
  • $5,442Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,442Net income attributable to bank
  • $0Net charge-offs
  • $5,442Cash dividends
  • $2,300Sale, conversion, retirement of capital stock, net
  • $2,300Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.83%Yield on earning assets
  • 1.00%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.57%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 10.61%Return on equity (ROE)
  • 6.12%Retained earnings to average equity (YTD only)
  • 0.53%Net charge-offs to loans
  • 125.00%Credit loss provision to net charge-offs
  • 4.22%Efficiency ratio
  • 57,703Assets per employee
  • 4.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.26%Loss allowance to loans
  • 1.86%Loss allowance to noncurrent loans
  • 59.12%Noncurrent assets plus other real estate owned to assets
  • 3.02%Noncurrent loans to loans
  • 3.14%Net loans and leases to deposits
  • 90.43%Net loans and leases to core deposits
  • 113.24%Equity capital to assets
  • 9.18%Core capital (leverage) ratio
  • 8.93%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $559,105Average earning assets
  • $51,308Average equity
  • $516,078Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,661Managed Assets
  • 1Number of Accounts
  • $1,590Personal trust and agency accounts
  • $1,590Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 9Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $71Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 7 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    06326The Dime Bank820-822 Church Street, Honesdale, PA 18431January 01, 1906Full Service Brick and Mortar
    3221470Hawley Branch309 Main Avenue, Hawley, PA 18428June 20, 1988Full Service Brick and Mortar
    4221471Damascus Branch1679 Cochecton Tpke, Damascus, PA 18415August 01, 1995Full Service Brick and Mortar
    5221472Greentown Branch1586 Route 507, Greentown, PA 18426October 01, 1996Full Service Brick and Mortar
    6357132Operations Center Branch120 Sunrise Avenue, Honesdale, PA 18431October 01, 1998Limited Service Administrative
    7433882Dingmans Ferry Branch1824 Route 739, Dingmans Ferry, PA 18328December 29, 2004Full Service Brick and Mortar
    8491627Lake Region OfficeWelwood Avenue, Hawley, PA 18428December 17, 2008Full Service Brick and Mortar

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