Valley Bank and Trust Company in Chambersburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

Valley Bank and Trust Company in Chambersburg, Pennsylvania (PA)
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Valley Bank and Trust Company - Overview

General
FDIC Certificate #: 7432
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Dauphin Deposit Bank and Trust Company (#695)
Federal Reserve ID: 355616
Date Established: September 04, 1909
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 15 (Interstate: No)
OTS Docket #: 10954
FDIC's unique #: 4838
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 01, 1994
Last Structure Change Process Date: January 26, 1994
Last Data Update: January 26, 1994
Data Source Date: April 05, 2012
Location
Address: 55 South Main Street, Chambersburg, PA 17201
County: Franklin
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
Core Based Statistical Area (CBSA): Chambersburg, PA (#16540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $319.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$177Total assets
$319,815Cash and due from depository institutions
$15,952Interest-bearing balances
$8,029Securities
$79,783Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$217,109Loan loss allowance
$3,073Trading account assets
$0Bank premises and fixed assets
$4,655Other real estate owned
$59Goodwill and other intangibles
$2,257Life insurance assets
$0All other assets
$0Total liabilities and capital
$319,815Total liabilities
$287,912Total deposits
$285,337Interest-bearing deposits
$255,685Deposits held in domestic offices
285337.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$935Subordinated debt
$0All other liabilities
$1,640Total equity capital
$1,640Total bank equity capital
$31,903Perpetual preferred stock
$0Common stock
$6,182Surplus
$8,954Undivided profits
Memoranda
$16,767Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,652Income earned, not collected on loans
$751Earning assets
$304,921Long-term assets (5+ years)
$73,161Average Assets, year-to-date
$323,828Average Assets, quarterly
$320,943Volatile liabilities
$13,597Insider loans
$7,805FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$44,377Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$31,903Total risk weighted assets
$212,926Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$23,504Total interest expense
$9,408Net interest income
$14,096Provision for loan and lease losses
$776Total noninterest income
$1,841Fiduciary activities
$920Service charges on deposit accounts
$648Trading account gains & fees
$0Additional noninterest income
$273Total noninterest expense
$10,254Salaries and employee benefits
$5,389Premises and equipment expense
$1,084Additional noninterest expense
$3,781Pre-tax net operating income
$4,907Securities gains (losses)
$11Applicable income taxes
$1,527Income before extraordinary items
$3,391Extraordinary gains - net
$0Net income attributable to bank
$3,391Net charge-offs
$306Cash dividends
$1,533Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.70%Cost of funding earning assets
3.08%Net interest margin
4.62%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
3.36%Net operating income to assets
1.04%Return on assets (ROA)
1.05%Pretax return on assets
1.52%Return on equity (ROE)
10.88%Retained earnings to average equity (YTD only)
5.96%Net charge-offs to loans
0.14%Credit loss provision to net charge-offs
253.59%Efficiency ratio
64,341Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.21%Loss allowance to loans
1.40%Loss allowance to noncurrent loans
115.87%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
1.20%Net loans and leases to deposits
76.09%Net loans and leases to core deposits
79.62%Equity capital to assets
9.98%Core capital (leverage) ratio
9.60%Tier 1 risk-based capital ratio
14.98%Total risk-based capital ratio
Memoranda
$16Average assets
$323,828Average earning assets
$31,162Average equity
$305,063Average loans

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