FDIC Certificate #: 7938 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Pennsylvania (#7888) Federal Reserve ID: 955623 Date Established: May 28, 1908 WWW:http://www.nbne.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) OTS Docket #: 9719 FDIC's unique #: 5078 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: October 07, 2005 Last Structure Change Process Date: November 30, 2005 Last Data Update: November 30, 2005 Data Source Date: April 05, 2012
Location
Address: 17 West Main Street, North East, PA 16428 County: Erie 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): Erie, PA (#2360) Core Based Statistical Area (CBSA): Erie, PA (#21500) CBSA Metro Statistical Area: Erie, PA (#21500)
Financial Summary
Total assets: $66.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
36Total employees (full-time equivalent)
$68,678Total assets
$2,092Cash and due from depository institutions
$117Interest-bearing balances
$8,647Securities
$579Federal funds sold & reverse repurchase agreements
$50,017Net loans & leases
$1,950Loan loss allowance
$0Trading account assets
$5,512Bank premises and fixed assets
$625Other real estate owned
$40Goodwill and other intangibles
$0Life insurance assets
$1,166All other assets
$68,678Total liabilities and capital
$61,894Total liabilities
$61,475Total deposits
$48,519Interest-bearing deposits
$61,475Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$298Other borrowed funds
$0Subordinated debt
$121All other liabilities
$6,784Total equity capital
$6,784Total bank equity capital
$6,784Perpetual preferred stock
$0Common stock
$450Surplus
$712Undivided profits
Memoranda
$5,622Noncurrent loans and leases
$12,021Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,713Earning assets
$0Long-term assets (5+ years)
$376Average Assets, year-to-date
$59,360Average Assets, quarterly
$13,864Volatile liabilities
$74,480Insider loans
$68,545FHLB advances
$7,193Loans and leases held for sale
$1,124Unused loan commitments
$298Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,021Total unused commitments
$542Restructured Loans and leases
$720Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$3,615Total interest income
$757Total interest expense
$2,858Net interest income
$848Provision for loan and lease losses
$673Total noninterest income
$0Fiduciary activities
$372Service charges on deposit accounts
$0Trading account gains & fees
$301Additional noninterest income
$3,698Total noninterest expense
$1,840Salaries and employee benefits
$820Premises and equipment expense
$1,038Additional noninterest expense
-$1,015Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$1,015Income before extraordinary items
$0Extraordinary gains - net
-$1,015Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$98Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.56%Yield on earning assets
1.16%Cost of funding earning assets
4.39%Net interest margin
1.03%Noninterest income to earning assets
5.68%Noninterest expense to earning assets
-1.36%Net operating income to assets
-1.36%Return on assets (ROA)
-1.36%Pretax return on assets
-14.03%Return on equity (ROE)
-14.03%Retained earnings to average equity (YTD only)
0.19%Net charge-offs to loans
865.31%Credit loss provision to net charge-offs
-1.70%Efficiency ratio
104,730Assets per employee
1.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.75%Loss allowance to noncurrent loans
71.88%Noncurrent assets plus other real estate owned to assets
4.86%Noncurrent loans to loans
5.22%Net loans and leases to deposits
81.36%Net loans and leases to core deposits
92.14%Equity capital to assets
9.88%Core capital (leverage) ratio
9.71%Tier 1 risk-based capital ratio
12.05%Total risk-based capital ratio
Memoranda
$13Average assets
$74,480Average earning assets
$7,235Average equity
$65,064Average loans
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