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

United Savings Bank - Overview

  • General
  • FDIC Certificate #: 28836
    Status: Active
    Federal Reserve ID: 459372
    Date Established: January 01, 1923
    WWW: http://www.unitedsavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 2458
    FDIC's unique #: 41670
    Numeric code: 42
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: August 06, 1936
    Last Structure Change Effective Date: October 31, 2006
    Last Structure Change Process Date: October 31, 2006
    Last Data Update: October 31, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1510 Packer Avenue, Philadelphia, PA 19145
    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)
  • Financial Summary
  • Total assets: $311.0 mil
    Equity capital: $48.5 mil
    Deposits held in domestic offices: $248.4 mil
    Return on assets (ROA): 0.71% ($2.2 mil)
    Quarterly return on assets: 0.72% ($2.2 mil)
    Return on Equity (ROE): 4.62% ($2.3 mil)
    Quarterly return on equity: 4.61% ($2.3 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.09% ($3,390.0 mil)
    Quarterly Pretax return on assets: 1.12% ($3,483.3 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
  • 50Total employees (full-time equivalent)
  • $311,010Total assets
  • $59,032Cash and due from depository institutions
  • $57,590Interest-bearing balances
  • $57,622Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $169,341Net loans & leases
  • $899Loan loss allowance
  • $0Trading account assets
  • $4,741Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $311,010Life insurance assets
  • $20,274All other assets
  • $262,476Total liabilities and capital
  • $248,431Total liabilities
  • $219,417Total deposits
  • $248,431Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 7981.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $6,064Subordinated debt
  • $48,534All other liabilities
  • $48,534Total equity capital
  • $48,534Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $48,534Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $2,084Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,281Income earned, not collected on loans
  • $0Earning assets
  • $672Long-term assets (5+ years)
  • $284,553Average Assets, year-to-date
  • $127,127Average Assets, quarterly
  • $308,996Volatile liabilities
  • $309,869Insider loans
  • $163,739FHLB advances
  • $310,983Loans and leases held for sale
  • $11,074Unused loan commitments
  • $8,600Tier 1 (core) risk-based capital
  • $48,520Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,474Total unused commitments
  • $16,945Restructured Loans and leases
  • $2,689Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,810Total interest income
  • $2,553Total interest expense
  • $8,257Net interest income
  • $60Provision for loan and lease losses
  • $793Total noninterest income
  • $0Fiduciary activities
  • $621Service charges on deposit accounts
  • $0Trading account gains & fees
  • $172Additional noninterest income
  • $5,634Total noninterest expense
  • $3,597Salaries and employee benefits
  • $543Premises and equipment expense
  • $1,494Additional noninterest expense
  • $3,356Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,166Applicable income taxes
  • $2,190Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,190Net income attributable to bank
  • $0Net charge-offs
  • $2,190Cash dividends
  • $23Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.83%Yield on earning assets
  • 0.90%Cost of funding earning assets
  • 2.92%Net interest margin
  • 0.28%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 1.09%Pretax return on assets
  • 4.62%Return on equity (ROE)
  • 4.62%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 260.87%Credit loss provision to net charge-offs
  • 148.52%Efficiency ratio
  • 62,254Assets per employee
  • 6.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.53%Loss allowance to noncurrent loans
  • 70.18%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 68.16%Net loans and leases to core deposits
  • 73.65%Equity capital to assets
  • 15.61%Core capital (leverage) ratio
  • 15.60%Tier 1 risk-based capital ratio
  • 29.63%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $308,996Average earning assets
  • $47,452Average equity
  • $282,548Average loans

List of branches

  • 6 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041670United Savings Bank1510 Packer Avenue, Philadelphia, PA 19145January 01, 1923Full Service Brick and Mortar
    227094810th Street Branch732 South 10th Street, Philadelphia, PA 19147January 01, 1923Full Service Brick and Mortar
    4271197Marconi Branch1945 East Passyunk Avenue, Philadelphia, PA 19148January 01, 1886Full Service Brick and Mortar
    5270950Broomall Branch2535 West Chester Pike, Broomall, PA 19008October 01, 1996Full Service Brick and Mortar
    6270951Springfield Branch301 Baltimore Pike, Springfield, PA 19064December 01, 1996Full Service Brick and Mortar
    7462777Media Branch35 East Baltimore Pike, Media, PA 19063November 20, 2006Full Service Brick and Mortar

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