The Hazleton National Bank in Hazleton, Pennsylvania (PA)



Show street view No street view available for this location
Table of contents:
The Hazleton National Bank
GeneralFDIC Certificate #: 7522
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Summit Bank (#7406)
Federal Reserve ID: 119416
Date Established: Febuary 01, 1890
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 14 (Interstate: No)
FDIC's unique #: 4881
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: March 19, 1994
Last Structure Change Process Date: April 28, 1994
Last Data Update: April 28, 1994
Data Source Date: April 05, 2012
LocationAddress: 101 West Broad Street, Hazleton, PA 18201
County: Luzerne
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
Metropolitan Statistical Area (MSA): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
Financial SummaryTotal assets: $466.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$245
Cash and due from depository institutions$466,491
Interest-bearing balances$15,328
Securities$0
Federal funds sold & reverse repurchase agreements$146,978
Net loans & leases$0
Loan loss allowance $292,985
Trading account assets$5,276
Bank premises and fixed assets$0
Other real estate owned$2,704
Goodwill and other intangibles$1,374
All other assets$0
Life insurance assets$7,122
Total liabilities and capital$0
Total liabilities$466,491
Total deposits$429,110
Interest-bearing deposits$411,075
Deposits held in domestic offices$375,476
% insured (estimated)411075.00%
Federal funds purchased & repurchase agreements $88
Trading liabilities$12,700
Other borrowed funds $0
Subordinated debt $1,000
All other liabilities $0
Total equity capital$4,335
Total bank equity capital$4,335
Perpetual preferred stock$37,381
Common stock$0
Surplus$8,800
Undivided profits $3,326
Memoranda
Noncurrent loans and leases $25,255
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,364
Earning assets $2,194
Long-term assets (5+ years) $439,963
Average Assets, year-to-date $135,834
Average Assets, quarterly $465,091
Volatile liabilities $463,437
Insider loans $24,799
FHLB advances $4,468
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $131,226
Tier 2 risk-based capital $0
Total risk weighted assets $37,381
Total unused commitments $338,311
Restructured Loans and leases $0
Derivatives$21,000
Back to page top, Back to table top

Income and Expense (December 31, 1993)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $32,228
Net interest income $12,156
Provision for loan and lease losses $20,072
Total noninterest income $2,002
Fiduciary activities $2,463
Service charges on deposit accounts $1,179
Trading account gains & fees $841
Additional noninterest income $0
Total noninterest expense $443
Salaries and employee benefits $12,964
Premises and equipment expense $6,022
Additional noninterest expense $1,407
Pre-tax net operating income $5,535
Securities gains (losses) $7,569
Applicable income taxes $234
Income before extraordinary items $2,456
Extraordinary gains - net $5,347
Net income attributable to bank $549
Net charge-offs $5,896
Cash dividends $1,221
Sale, conversion, retirement of capital stock, net $3,506
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 1993)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 7.34%
Net interest margin 2.77%
Noninterest income to earning assets 4.57%
Noninterest expense to earning assets 0.56%
Net operating income to assets 2.95%
Return on assets (ROA) 1.11%
Pretax return on assets 1.27%
Return on equity (ROE) 1.80%
Retained earnings to average equity (YTD only) 16.27%
Net charge-offs to loans 6.60%
Credit loss provision to net charge-offs 0.39%
Efficiency ratio163.96%
Assets per employee$57,528
Cash dividends to net income (YTD only)1.90%
Condition Ratios (%)
Loss allowance to loans 59.46%
Loss allowance to noncurrent loans 1.77%
Noncurrent assets plus other real estate owned to assets 223.18%
Noncurrent loans to loans 0.95%
Net loans and leases to deposits0.79%
Net loans and leases to core deposits 71.27%
Equity capital to assets 73.25%
Core capital (leverage) ratio 8.01%
Tier 1 risk-based capital ratio 8.10%
Total risk-based capital ratio 11.05%
Memoranda
Average assets$12
Average earning assets$465,091
Average equity $36,238
Average loans $439,206
Back to page top, Back to table top

User Contributions:

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

CAPTCHA


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