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

This bank is inactive as of January 31, 2002

  • The Second National Bank of Masontown in Masontown, Pennsylvania (PA)
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The Second National Bank of Masontown - Overview

  • General
  • FDIC Certificate #: 15107
    Status: Inactive
    Closing history: Participated in Reorganization
    Acquiring institution: Parkvale Savings Bank (#30237)
    Federal Reserve ID: 81223
    Date Established: May 15, 1935
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 11846
    FDIC's unique #: 9483
    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: May 15, 1935
    Last Structure Change Effective Date: January 31, 2002
    Last Structure Change Process Date: Febuary 13, 2002
    Last Data Update: Febuary 13, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 South Main Street, Masontown, PA 15461
    County: Fayette
    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): Pittsburgh, PA (#6280)
    Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430)
    Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300)
    CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
  • History of Changes
  • Merger - Without Assistance
    Participated in Reorganization
  • Financial Summary
  • Total assets: $193.7 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, 2001)

  • Dollar figures in thousands
  • 74Total employees (full-time equivalent)
  • $193,711Total assets
  • $6,106Cash and due from depository institutions
  • $298Interest-bearing balances
  • $54,796Securities
  • $7,201Federal funds sold & reverse repurchase agreements
  • $120,394Net loans & leases
  • $1,736Loan loss allowance
  • $0Trading account assets
  • $2,945Bank premises and fixed assets
  • $26Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,243All other assets
  • $193,711Total liabilities and capital
  • $167,389Total liabilities
  • $155,740Total deposits
  • $124,721Interest-bearing deposits
  • $155,740Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $9,692Federal funds purchased & repurchase agreements
  • $194Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,763All other liabilities
  • $26,322Total equity capital
  • $26,322Total bank equity capital
  • $26,322Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $24,322Noncurrent loans and leases
  • $18,916Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $276Earning assets
  • $0Long-term assets (5+ years)
  • $1,332Average Assets, year-to-date
  • $182,689Average Assets, quarterly
  • $75,966Volatile liabilities
  • $192,228Insider loans
  • $196,990FHLB advances
  • $23,419Loans and leases held for sale
  • $8,632Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $18,916Total unused commitments
  • $0Restructured Loans and leases
  • $1,687Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $13,171Total interest income
  • $5,645Total interest expense
  • $7,526Net interest income
  • $180Provision for loan and lease losses
  • $1,071Total noninterest income
  • $0Fiduciary activities
  • $596Service charges on deposit accounts
  • $0Trading account gains & fees
  • $475Additional noninterest income
  • $4,961Total noninterest expense
  • $2,318Salaries and employee benefits
  • $678Premises and equipment expense
  • $1,965Additional noninterest expense
  • $3,456Pre-tax net operating income
  • $70Securities gains (losses)
  • $1,140Applicable income taxes
  • $2,386Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,386Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $91Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.28%Yield on earning assets
  • 3.12%Cost of funding earning assets
  • 4.16%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 2.74%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.83%Pretax return on assets
  • 9.58%Return on equity (ROE)
  • 7.97%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 197.80%Credit loss provision to net charge-offs
  • 39.96%Efficiency ratio
  • 57,706Assets per employee
  • 2.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.76%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 628.99%Noncurrent assets plus other real estate owned to assets
  • 0.16%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 77.30%Net loans and leases to core deposits
  • 84.66%Equity capital to assets
  • 13.59%Core capital (leverage) ratio
  • 12.37%Tier 1 risk-based capital ratio
  • 20.85%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $192,228Average earning assets
  • $24,917Average equity
  • $180,858Average loans

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