Central Bank in Hollidaysburg, Pennsylvania (PA)
Table of contents:
| Central Bank | |
|---|---|
| General | FDIC Certificate #: 7439 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 333119 Date Established: July 24, 1912 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 14 (Interstate: No) OTS Docket #: 10280 FDIC's unique #: 4841 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: November 13, 1995 Last Structure Change Process Date: Febuary 06, 1996 Last Data Update: Febuary 06, 1996 Data Source Date: April 05, 2012 |
| Location | Address: North Juniata Street At U.S. Route 220, Hollidaysburg, PA 16648 County: Blair 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): Altoona, PA (#280) Core Based Statistical Area (CBSA): Altoona, PA (#11020) CBSA Metro Statistical Area: Altoona, PA (#11020) |
| Financial Summary | Total assets: $278.6 mil |
| Assets and Liabilities (December 31, 1994) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $103 |
| Cash and due from depository institutions | $270,728 |
| Interest-bearing balances | $9,324 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $72,565 |
| Net loans & leases | $0 |
| Loan loss allowance | $174,155 |
| Trading account assets | $3,188 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $2,788 |
| Goodwill and other intangibles | $614 |
| All other assets | $7,211 |
| Life insurance assets | $4,071 |
| Total liabilities and capital | $0 |
| Total liabilities | $270,728 |
| Total deposits | $245,459 |
| Interest-bearing deposits | $208,832 |
| Deposits held in domestic offices | $190,440 |
| % insured (estimated) | 208832.00% |
| Federal funds purchased & repurchase agreements | $91 |
| Trading liabilities | $16,450 |
| Other borrowed funds | $0 |
| Subordinated debt | $17,385 |
| All other liabilities | $0 |
| Total equity capital | $2,792 |
| Total bank equity capital | $2,792 |
| Perpetual preferred stock | $25,269 |
| Common stock | $0 |
| Surplus | $1,500 |
| Undivided profits | $19,434 |
| Memoranda | |
| Noncurrent loans and leases | $4,335 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $3,974 |
| Earning assets | $1,027 |
| Long-term assets (5+ years) | $246,720 |
| Average Assets, year-to-date | $70,256 |
| Average Assets, quarterly | $266,656 |
| Volatile liabilities | $270,070 |
| Insider loans | $53,617 |
| FHLB advances | $1,557 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $886 |
| Tier 1 (core) risk-based capital | $30,110 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $19,301 |
| Total unused commitments | $178,264 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1994) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $18,732 |
| Net interest income | $8,283 |
| Provision for loan and lease losses | $10,449 |
| Total noninterest income | $60 |
| Fiduciary activities | $1,851 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $1,472 |
| Additional noninterest income | $0 |
| Total noninterest expense | $379 |
| Salaries and employee benefits | $6,658 |
| Premises and equipment expense | $2,304 |
| Additional noninterest expense | $1,034 |
| Pre-tax net operating income | $3,320 |
| Securities gains (losses) | $5,582 |
| Applicable income taxes | $1 |
| Income before extraordinary items | $2,107 |
| Extraordinary gains - net | $3,476 |
| Net income attributable to bank | $0 |
| Net charge-offs | $3,476 |
| Cash dividends | $690 |
| Sale, conversion, retirement of capital stock, net | $1,660 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1994) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.68% |
| Net interest margin | 3.40% |
| Noninterest income to earning assets | 4.28% |
| Noninterest expense to earning assets | 0.76% |
| Net operating income to assets | 2.73% |
| Return on assets (ROA) | 1.30% |
| Pretax return on assets | 1.30% |
| Return on equity (ROE) | 2.09% |
| Retained earnings to average equity (YTD only) | 13.82% |
| Net charge-offs to loans | 7.22% |
| Credit loss provision to net charge-offs | 0.41% |
| Efficiency ratio | 8.70% |
| Assets per employee | $47,447 |
| Cash dividends to net income (YTD only) | 2.63% |
| Condition Ratios (%) | |
| Loss allowance to loans | 47.76% |
| Loss allowance to noncurrent loans | 1.80% |
| Noncurrent assets plus other real estate owned to assets | 80.22% |
| Noncurrent loans to loans | 1.69% |
| Net loans and leases to deposits | 2.24% |
| Net loans and leases to core deposits | 83.39% |
| Equity capital to assets | 92.12% |
| Core capital (leverage) ratio | 9.33% |
| Tier 1 risk-based capital ratio | 7.31% |
| Total risk-based capital ratio | 10.83% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $266,656 |
| Average equity | $25,157 |
| Average loans | $243,941 |
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