First National Bank of Leechburg in Leechburg, Pennsylvania (PA)
Table of contents:
| First National Bank of Leechburg | |
|---|---|
| General | FDIC Certificate #: 7904 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 1001620 Date Established: September 18, 1900 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Interstate: No) OTS Docket #: 11106 FDIC's unique #: 5065 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No 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: 152 Market Street, Leechburg, PA 15656 County: Armstrong 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 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: $183.5 mil |
| Assets and Liabilities (December 31, 1994) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $55 |
| Cash and due from depository institutions | $194,032 |
| Interest-bearing balances | $3,924 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $60,123 |
| Net loans & leases | $0 |
| Loan loss allowance | $126,594 |
| Trading account assets | $1,294 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $858 |
| Goodwill and other intangibles | $285 |
| All other assets | $0 |
| Life insurance assets | $2,248 |
| Total liabilities and capital | $0 |
| Total liabilities | $194,032 |
| Total deposits | $177,545 |
| Interest-bearing deposits | $154,426 |
| Deposits held in domestic offices | $141,469 |
| % insured (estimated) | 154426.00% |
| Federal funds purchased & repurchase agreements | $89 |
| Trading liabilities | $18,755 |
| Other borrowed funds | $0 |
| Subordinated debt | $3,000 |
| All other liabilities | $0 |
| Total equity capital | $1,364 |
| Total bank equity capital | $1,364 |
| Perpetual preferred stock | $16,487 |
| Common stock | $0 |
| Surplus | $688 |
| Undivided profits | $2,810 |
| Memoranda | |
| Noncurrent loans and leases | $12,989 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $729 |
| Earning assets | $513 |
| Long-term assets (5+ years) | $186,717 |
| Average Assets, year-to-date | $89,938 |
| Average Assets, quarterly | $184,531 |
| Volatile liabilities | $193,219 |
| Insider loans | $33,963 |
| FHLB advances | $152 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $10,779 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $17,852 |
| Total unused commitments | $127,535 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1994) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $13,929 |
| Net interest income | $6,296 |
| Provision for loan and lease losses | $7,633 |
| Total noninterest income | $577 |
| Fiduciary activities | $544 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $387 |
| Additional noninterest income | $0 |
| Total noninterest expense | $157 |
| Salaries and employee benefits | $3,323 |
| Premises and equipment expense | $1,446 |
| Additional noninterest expense | $246 |
| Pre-tax net operating income | $1,631 |
| Securities gains (losses) | $4,277 |
| Applicable income taxes | $18 |
| Income before extraordinary items | $1,459 |
| Extraordinary gains - net | $2,836 |
| Net income attributable to bank | $0 |
| Net charge-offs | $2,836 |
| Cash dividends | $272 |
| Sale, conversion, retirement of capital stock, net | $1,702 |
| 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 | 7.86% |
| Net interest margin | 3.55% |
| Noninterest income to earning assets | 4.31% |
| Noninterest expense to earning assets | 0.31% |
| Net operating income to assets | 1.88% |
| Return on assets (ROA) | 1.53% |
| Pretax return on assets | 1.54% |
| Return on equity (ROE) | 2.33% |
| Retained earnings to average equity (YTD only) | 17.07% |
| Net charge-offs to loans | 6.83% |
| Credit loss provision to net charge-offs | 0.24% |
| Efficiency ratio | 212.13% |
| Assets per employee | $40,638 |
| Cash dividends to net income (YTD only) | 3.53% |
| Condition Ratios (%) | |
| Loss allowance to loans | 60.01% |
| Loss allowance to noncurrent loans | 1.01% |
| Noncurrent assets plus other real estate owned to assets | 177.50% |
| Noncurrent loans to loans | 0.52% |
| Net loans and leases to deposits | 0.57% |
| Net loans and leases to core deposits | 81.98% |
| Equity capital to assets | 89.01% |
| Core capital (leverage) ratio | 8.50% |
| Tier 1 risk-based capital ratio | 9.22% |
| Total risk-based capital ratio | 14.00% |
| Memoranda | |
| Average assets | $15 |
| Average earning assets | $184,531 |
| Average equity | $16,613 |
| Average loans | $177,137 |
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