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

This bank is inactive as of December 01, 1993

  • The Watsontown National Bank in Watsontown, Pennsylvania (PA)
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The Watsontown National Bank - Overview

  • General
  • FDIC Certificate #: 7794
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunBank (#441)
    Federal Reserve ID: 912411
    Date Established: March 17, 1872
    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 #: 9756
    FDIC's unique #: 5026
    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: December 01, 1993
    Last Structure Change Process Date: December 27, 1993
    Last Data Update: December 27, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Main Street, Watsontown, PA 17777
    County: Northumberland
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Harrisburg
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Combined Statistical Area (CSA): Sunbury-Lewisburg-Selinsgrove, PA (#526)
    Core Based Statistical Area (CBSA): Sunbury, PA (#44980)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $40.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $38,515Cash and due from depository institutions
  • $1,040Interest-bearing balances
  • $5Securities
  • $11,849Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $25,056Loan loss allowance
  • $228Trading account assets
  • $0Bank premises and fixed assets
  • $218Other real estate owned
  • $0Goodwill and other intangibles
  • $352Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $38,515Total liabilities
  • $33,844Total deposits
  • $31,226Interest-bearing deposits
  • $28,983Deposits held in domestic offices
  • 31226.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $446Trading liabilities
  • $0Other borrowed funds
  • $2,000Subordinated debt
  • $0All other liabilities
  • $172Total equity capital
  • $172Total bank equity capital
  • $4,671Perpetual preferred stock
  • $0Common stock
  • $300Surplus
  • $700Undivided profits
  • Memoranda
  • $3,671Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $363Income earned, not collected on loans
  • $125Earning assets
  • $36,910Long-term assets (5+ years)
  • $8,180Average Assets, year-to-date
  • $35,811Average Assets, quarterly
  • $37,493Volatile liabilities
  • $4,557Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,642Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,671Total risk weighted assets
  • $23,238Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,028Total interest expense
  • $1,411Net interest income
  • $1,617Provision for loan and lease losses
  • $54Total noninterest income
  • $133Fiduciary activities
  • $0Service charges on deposit accounts
  • $91Trading account gains & fees
  • $0Additional noninterest income
  • $42Total noninterest expense
  • $986Salaries and employee benefits
  • $495Premises and equipment expense
  • $107Additional noninterest expense
  • $384Pre-tax net operating income
  • $710Securities gains (losses)
  • $3Applicable income taxes
  • $183Income before extraordinary items
  • $530Extraordinary gains - net
  • $0Net income attributable to bank
  • $530Net charge-offs
  • $17Cash dividends
  • $361Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.81%Cost of funding earning assets
  • 4.11%Net interest margin
  • 4.71%Noninterest income to earning assets
  • 0.39%Noninterest expense to earning assets
  • 2.87%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 1.48%Pretax return on assets
  • 1.99%Return on equity (ROE)
  • 11.53%Retained earnings to average equity (YTD only)
  • 3.68%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 317.65%Efficiency ratio
  • 56,343Assets per employee
  • 2.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 68.11%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 62.81%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.44%Net loans and leases to deposits
  • 80.24%Net loans and leases to core deposits
  • 86.06%Equity capital to assets
  • 12.13%Core capital (leverage) ratio
  • 12.66%Tier 1 risk-based capital ratio
  • 20.10%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $35,811Average earning assets
  • $4,598Average equity
  • $34,367Average loans

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