Workingmens Savings Bank in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2001

  • Workingmens Savings Bank in Pittsburgh, Pennsylvania (PA)
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Workingmens Savings Bank - Overview

  • General
  • FDIC Certificate #: 27817
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: ESB Bank (#27708)
    Federal Reserve ID: 668370
    Date Established: January 01, 1881
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 336
    FDIC's unique #: 40651
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 13, 1941
    Last Structure Change Effective Date: October 01, 2001
    Last Structure Change Process Date: Febuary 19, 2002
    Last Data Update: Febuary 19, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: Foreland Street At Middle Street, Pittsburgh, PA 15212
    County: Allegheny
    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)
  • Financial Summary
  • Total assets: $43.7 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 10Total employees (full-time equivalent)
  • $40,160Total assets
  • $1,837Cash and due from depository institutions
  • $1,474Interest-bearing balances
  • $17,160Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $18,216Net loans & leases
  • $155Loan loss allowance
  • $0Trading account assets
  • $879Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,068All other assets
  • $40,160Total liabilities and capital
  • $36,025Total liabilities
  • $35,861Total deposits
  • $35,861Interest-bearing deposits
  • $35,861Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $164All other liabilities
  • $4,135Total equity capital
  • $4,135Total bank equity capital
  • $4,135Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,624Undivided profits
  • Memoranda
  • $2,510Noncurrent loans and leases
  • $777Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $360Earning assets
  • $0Long-term assets (5+ years)
  • $111Average Assets, year-to-date
  • $36,850Average Assets, quarterly
  • $0Volatile liabilities
  • $40,668Insider loans
  • $40,323FHLB advances
  • $1,678Loans and leases held for sale
  • $215Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $777Total unused commitments
  • $0Restructured Loans and leases
  • $155Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $2,739Total interest income
  • $1,605Total interest expense
  • $1,134Net interest income
  • $0Provision for loan and lease losses
  • $257Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $257Additional noninterest income
  • $1,160Total noninterest expense
  • $641Salaries and employee benefits
  • $239Premises and equipment expense
  • $280Additional noninterest expense
  • $231Pre-tax net operating income
  • $8Securities gains (losses)
  • $73Applicable income taxes
  • $166Income before extraordinary items
  • $0Extraordinary gains - net
  • $166Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.31%Yield on earning assets
  • 4.28%Cost of funding earning assets
  • 3.03%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 3.10%Noninterest expense to earning assets
  • 0.39%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.59%Pretax return on assets
  • 4.25%Return on equity (ROE)
  • 4.25%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 38.50%Efficiency ratio
  • 83,393Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.84%Loss allowance to noncurrent loans
  • 43.06%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 1.96%Net loans and leases to deposits
  • 50.80%Net loans and leases to core deposits
  • 53.29%Equity capital to assets
  • 10.30%Core capital (leverage) ratio
  • 10.36%Tier 1 risk-based capital ratio
  • 22.82%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $40,668Average earning assets
  • $3,910Average equity
  • $37,475Average loans

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