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

The Luzerne Bank - Overview

  • General
  • FDIC Certificate #: 7586
    Status: Active
    Federal Reserve ID: 501815
    Bank Holding Company (Regulatory Top Holder): Luzerne National Bank Corporation (RSSDID: 1246298, Location: Luzerne, PA)
    Date Established: January 01, 1907
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 13939
    FDIC's unique #: 4922
    Numeric code: 13
    Regulator: FED
    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: June 25, 2011
    Last Structure Change Process Date: August 10, 2011
    Last Data Update: August 10, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 118 Main Street, Luzerne, PA 18709
    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)
  • History of Changes
  • Office Purchased
  • Financial Summary
  • Total assets: $300.7 mil
    Equity capital: $26.9 mil
    Deposits held in domestic offices: $263.5 mil
    Return on assets (ROA): 0.76% ($2.3 mil)
    Quarterly return on assets: 0.60% ($1.8 mil)
    Return on Equity (ROE): 8.30% ($2.2 mil)
    Quarterly return on equity: 6.58% ($1.8 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.04% ($3,127.4 mil)
    Quarterly Pretax return on assets: 0.80% ($2,405.7 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
  • 81Total employees (full-time equivalent)
  • $300,715Total assets
  • $32,443Cash and due from depository institutions
  • $20,052Interest-bearing balances
  • $23,572Securities
  • $2,693Federal funds sold & reverse repurchase agreements
  • $224,893Net loans & leases
  • $2,968Loan loss allowance
  • $0Trading account assets
  • $6,309Bank premises and fixed assets
  • $50Other real estate owned
  • $0Goodwill and other intangibles
  • $300,715Life insurance assets
  • $10,755All other assets
  • $273,863Total liabilities and capital
  • $263,463Total liabilities
  • $183,203Total deposits
  • $263,463Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 3007.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,998Trading liabilities
  • $0Other borrowed funds
  • $2,395Subordinated debt
  • $26,852All other liabilities
  • $26,852Total equity capital
  • $26,852Total bank equity capital
  • $0Perpetual preferred stock
  • $398Common stock
  • $2,856Surplus
  • $23,598Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,320Income earned, not collected on loans
  • $0Earning assets
  • $858Long-term assets (5+ years)
  • $271,210Average Assets, year-to-date
  • $60,729Average Assets, quarterly
  • $285,661Volatile liabilities
  • $294,311Insider loans
  • $235,996FHLB advances
  • $297,730Loans and leases held for sale
  • $6,583Unused loan commitments
  • $6,583Tier 1 (core) risk-based capital
  • $26,521Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $50,668Restructured Loans and leases
  • $7,276Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,218Total interest income
  • $1,857Total interest expense
  • $10,361Net interest income
  • $848Provision for loan and lease losses
  • $1,834Total noninterest income
  • $148Fiduciary activities
  • $656Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,030Additional noninterest income
  • $8,374Total noninterest expense
  • $4,821Salaries and employee benefits
  • $1,190Premises and equipment expense
  • $2,363Additional noninterest expense
  • $2,973Pre-tax net operating income
  • $1Securities gains (losses)
  • $813Applicable income taxes
  • $2,161Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,161Net income attributable to bank
  • $0Net charge-offs
  • $2,161Cash dividends
  • $319Sale, conversion, retirement of capital stock, net
  • $507Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 0.73%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 3.28%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 8.30%Return on equity (ROE)
  • 6.35%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 265.83%Credit loss provision to net charge-offs
  • 11.98%Efficiency ratio
  • 68,667Assets per employee
  • 3.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.46%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 224.85%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.58%Net loans and leases to deposits
  • 85.36%Net loans and leases to core deposits
  • 87.12%Equity capital to assets
  • 8.93%Core capital (leverage) ratio
  • 8.91%Tier 1 risk-based capital ratio
  • 11.24%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $285,661Average earning assets
  • $26,036Average equity
  • $255,630Average 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
  • $883Managed Assets
  • 1Number of Accounts
  • $865Personal trust and agency accounts
  • $865Employee 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
  • 6Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $18Other retirement accounts
  • $18Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 8 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04922The Luzerne Bank118 Main Street, Luzerne, PA 18709January 01, 1907Full Service Brick and Mortar
    1216073Swoyerville Branch801 Main Street, Swoyerville, PA 18704November 19, 1977Full Service Brick and Mortar
    2216074Plains Township Branch1492 Highway 315, Plains Township, PA 18702July 14, 1997Full Service Retail
    3216075Back Mountain Branch509 Main Road, Dallas, PA 18612January 05, 1998Full Service Brick and Mortar
    4359763Public Square Branch67-69 Public Square, Wilkes Barre, PA 18701March 08, 2001Full Service Brick and Mortar
    5364478Wyoming Office Branch324 Wyoming Avenue, Wyoming, PA 18644May 24, 2002Full Service Brick and Mortar
    6492725Lake Office BranchP. O. Box 59, Dallas, PA 18612November 15, 2008Full Service Brick and Mortar
    7433169West Hazleton Branch10 Dessen Drive, Hazleton, PA 18201October 18, 2004Full Service Brick and Mortar

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