United Bank of Philadelphia in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • United Bank of Philadelphia in Philadelphia, Pennsylvania (PA)
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United Bank of Philadelphia - Overview

  • General
  • FDIC Certificate #: 33568
    Status: Active
    Federal Reserve ID: 1945247
    Bank Holding Company (Regulatory Top Holder): United Bancshares, Inc (RSSDID: 2259268, Location: Philadelphia, PA)
    Date Established: March 23, 1992
    WWW: http://www.ubphila.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 47451
    Numeric code: 21
    Regulator: FDIC
    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: March 23, 1992
    Last Structure Change Effective Date: December 21, 2007
    Last Structure Change Process Date: January 08, 2008
    Last Data Update: January 08, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 30 South 15th Street - Suite 1200, Philadelphia, PA 19102
    County: Philadelphia
    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): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • History of Changes
  • Change in Primary Regulatory Agency
    Change in Supervisory Agency
    Institution Withdraws from FRS (Federal Reserve System)
  • Financial Summary
  • Total assets: $77.0 mil
    Equity capital: $5.2 mil
    Deposits held in domestic offices: $71.3 mil
    Return on assets (ROA): -1.30% (-$1.0 mil)
    Quarterly return on assets: -1.25% (-$1.0 mil)
    Return on Equity (ROE): -17.15% (-$0.9 mil)
    Quarterly return on equity: -18.05% (-$0.9 mil)
    Net income: -$1.0 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -1.30% (-$1,001.2 mil)
    Quarterly Pretax return on assets: -1.25% (-$962.7 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
  • 28Total employees (full-time equivalent)
  • $77,017Total assets
  • $3,084Cash and due from depository institutions
  • $305Interest-bearing balances
  • $18,489Securities
  • $11,413Federal funds sold & reverse repurchase agreements
  • $40,635Net loans & leases
  • $867Loan loss allowance
  • $0Trading account assets
  • $943Bank premises and fixed assets
  • $1,284Other real estate owned
  • $314Goodwill and other intangibles
  • $77,017Life insurance assets
  • $855All other assets
  • $71,776Total liabilities and capital
  • $71,321Total liabilities
  • $56,928Total deposits
  • $71,321Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $455Subordinated debt
  • $5,241All other liabilities
  • $5,241Total equity capital
  • $5,241Total bank equity capital
  • $0Perpetual preferred stock
  • $1,102Common stock
  • $13,371Surplus
  • $-9,232Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,459Income earned, not collected on loans
  • $146Earning assets
  • $342Long-term assets (5+ years)
  • $70,842Average Assets, year-to-date
  • $27,496Average Assets, quarterly
  • $75,798Volatile liabilities
  • $77,516Insider loans
  • $43,840FHLB advances
  • $77,979Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,888Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,370Restructured Loans and leases
  • $1,912Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,303Total interest income
  • $235Total interest expense
  • $3,068Net interest income
  • $170Provision for loan and lease losses
  • $1,070Total noninterest income
  • $0Fiduciary activities
  • $350Service charges on deposit accounts
  • $0Trading account gains & fees
  • $720Additional noninterest income
  • $4,950Total noninterest expense
  • $1,643Salaries and employee benefits
  • $1,096Premises and equipment expense
  • $2,211Additional noninterest expense
  • -$982Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$982Income before extraordinary items
  • $0Extraordinary gains - net
  • -$982Net income attributable to bank
  • $0Net charge-offs
  • -$982Cash dividends
  • $229Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.75%Yield on earning assets
  • 0.34%Cost of funding earning assets
  • 4.42%Net interest margin
  • 1.54%Noninterest income to earning assets
  • 7.13%Noninterest expense to earning assets
  • -1.30%Net operating income to assets
  • -1.30%Return on assets (ROA)
  • -1.30%Pretax return on assets
  • -17.15%Return on equity (ROE)
  • -17.15%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • 74.24%Credit loss provision to net charge-offs
  • -3.55%Efficiency ratio
  • 115,321Assets per employee
  • 2.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 35.26%Noncurrent assets plus other real estate owned to assets
  • 4.86%Noncurrent loans to loans
  • 5.93%Net loans and leases to deposits
  • 56.97%Net loans and leases to core deposits
  • 71.84%Equity capital to assets
  • 6.80%Core capital (leverage) ratio
  • 6.27%Tier 1 risk-based capital ratio
  • 11.15%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $75,798Average earning assets
  • $5,726Average equity
  • $69,473Average loans

List of branches

  • 4 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    047451United Bank Of Philadelphia30 South 15th Street - Suite 1200, Philadelphia, PA 19102March 23, 1992Full Service Brick and Mortar
    8289765West Philadelphia Branch38 Street And Lancaster Avenue, Philadelphia, PA 19104July 22, 1996Full Service Brick and Mortar
    11184409Mount Airy Branch1620 Wadsworth Street, Philadelphia, PA 19150December 15, 1958Full Service Brick and Mortar
    12184760Progress Plaza Center BranchBroad And Oxford Streets, Philadelphia, PA 19122November 22, 1968Full Service Brick and Mortar

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