The First National Bank of Spangler in Spangler, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 18, 1999

  • The First National Bank of Spangler in Spangler, Pennsylvania (PA)
  • Show street view No street view available for this location

The First National Bank of Spangler - Overview

  • General
  • FDIC Certificate #: 7761
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CNB Bank (#13876)
    Federal Reserve ID: 53314
    Date Established: March 01, 1904
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    OTS Docket #: 12717
    FDIC's unique #: 5008
    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: August 18, 1999
    Last Structure Change Process Date: September 09, 1999
    Last Data Update: September 09, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Spangler, PA 15775
    County: Cambria
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Wexford
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Johnstown, PA (#3680)
    Core Based Statistical Area (CBSA): Johnstown, PA (#27780)
    CBSA Metro Statistical Area: Johnstown, PA (#27780)
  • Financial Summary
  • Total assets: $32.8 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $32,093Total assets
  • $712Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,872Securities
  • $2,280Federal funds sold & reverse repurchase agreements
  • $22,538Net loans & leases
  • $214Loan loss allowance
  • $0Trading account assets
  • $413Bank premises and fixed assets
  • $23Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $255All other assets
  • $32,093Total liabilities and capital
  • $27,500Total liabilities
  • $27,268Total deposits
  • $24,905Interest-bearing deposits
  • $27,268Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $232All other liabilities
  • $4,593Total equity capital
  • $4,593Total bank equity capital
  • $4,593Perpetual preferred stock
  • $0Common stock
  • $50Surplus
  • $300Undivided profits
  • Memoranda
  • $4,243Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $141Earning assets
  • $0Long-term assets (5+ years)
  • $73Average Assets, year-to-date
  • $30,690Average Assets, quarterly
  • $17,624Volatile liabilities
  • $31,725Insider loans
  • $32,303FHLB advances
  • $3,606Loans and leases held for sale
  • $493Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $709Total unused commitments
  • $0Restructured Loans and leases
  • $15,476Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,275Total interest income
  • $1,152Total interest expense
  • $1,123Net interest income
  • $32Provision for loan and lease losses
  • $62Total noninterest income
  • $0Fiduciary activities
  • $37Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25Additional noninterest income
  • $704Total noninterest expense
  • $230Salaries and employee benefits
  • $109Premises and equipment expense
  • $365Additional noninterest expense
  • $449Pre-tax net operating income
  • $0Securities gains (losses)
  • $153Applicable income taxes
  • $296Income before extraordinary items
  • $0Extraordinary gains - net
  • $296Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $30Sale, conversion, retirement of capital stock, net
  • $108Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.49%Yield on earning assets
  • 3.79%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.93%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 6.57%Return on equity (ROE)
  • 4.17%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 106.67%Credit loss provision to net charge-offs
  • 16.03%Efficiency ratio
  • 59,409Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.49%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 151.77%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 82.65%Net loans and leases to core deposits
  • 95.25%Equity capital to assets
  • 14.31%Core capital (leverage) ratio
  • 14.00%Tier 1 risk-based capital ratio
  • 29.30%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $31,725Average earning assets
  • $4,508Average equity
  • $30,359Average loans

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Spangler.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents