Great American Federal in Pittsburgh, Pennsylvania (PA)
Table of contents:
| Great American Federal | |
|---|---|
| General | FDIC Certificate #: 27670 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 190479 Date Established: January 01, 1914 WWW: http://www.greatamericanfederal.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 86 FDIC's unique #: 40504 Numeric code: 37 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: January 18, 1937 Last Structure Change Effective Date: May 24, 2004 Last Structure Change Process Date: June 25, 2004 Last Data Update: June 25, 2004 Data Source Date: April 05, 2012 |
| Location | Address: 4750 Clairton Boulevard, Pittsburgh, PA 15236 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: $892.9 mil |
| Assets and Liabilities (December 31, 2003) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 179 |
| Total assets | $878,809 |
| Cash and due from depository institutions | $16,912 |
| Interest-bearing balances | $12,640 |
| Securities | $295,728 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $519,142 |
| Loan loss allowance | $4,672 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $6,591 |
| Other real estate owned | $131 |
| Goodwill and other intangibles | $0 |
| All other assets | $40,305 |
| Life insurance assets | $0 |
| Total liabilities and capital | $878,809 |
| Total liabilities | $797,052 |
| Total deposits | $538,522 |
| Interest-bearing deposits | $501,652 |
| Deposits held in domestic offices | $538,522 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $250,725 |
| Subordinated debt | $0 |
| All other liabilities | $7,805 |
| Total equity capital | $81,757 |
| Total bank equity capital | $81,757 |
| Perpetual preferred stock | $81,757 |
| Common stock | $0 |
| Surplus | $1 |
| Undivided profits | $43,268 |
| Memoranda | |
| Noncurrent loans and leases | $38,488 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $95,065 |
| Income earned, not collected on loans | $0 |
| Earning assets | $1,084 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $3,059 |
| Average Assets, quarterly | $827,510 |
| Volatile liabilities | $0 |
| Insider loans | $869,633 |
| FHLB advances | $876,703 |
| Loans and leases held for sale | $346,769 |
| Unused loan commitments | $2,017 |
| Tier 1 (core) risk-based capital | $250,725 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $95,065 |
| Restructured Loans and leases | $0 |
| Derivatives | $5,562 |
| Income and Expense (December 31, 2003) (Dollar figures in thousands) | |
| Total interest income | $45,514 |
| Total interest expense | $23,257 |
| Net interest income | $22,257 |
| Provision for loan and lease losses | $1,075 |
| Total noninterest income | $3,510 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | -$1 |
| Additional noninterest income | $3,511 |
| Total noninterest expense | $17,791 |
| Salaries and employee benefits | $9,376 |
| Premises and equipment expense | $3,702 |
| Additional noninterest expense | $4,713 |
| Pre-tax net operating income | $6,901 |
| Securities gains (losses) | $1,684 |
| Applicable income taxes | $2,029 |
| Income before extraordinary items | $6,556 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $6,556 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $299 |
| Net operating income | $6,000 |
| Performance and Condition Ratios (December 31, 2003) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.57% |
| Cost of funding earning assets | 2.84% |
| Net interest margin | 2.72% |
| Noninterest income to earning assets | 0.43% |
| Noninterest expense to earning assets | 2.18% |
| Net operating income to assets | 0.61% |
| Return on assets (ROA) | 0.75% |
| Pretax return on assets | 0.99% |
| Return on equity (ROE) | 7.65% |
| Retained earnings to average equity (YTD only) | 0.65% |
| Net charge-offs to loans | 0.06% |
| Credit loss provision to net charge-offs | 359.53% |
| Efficiency ratio | 26.68% |
| Assets per employee | $68,386 |
| Cash dividends to net income (YTD only) | 4.91% |
| Condition Ratios (%) | |
| Loss allowance to loans | 91.52% |
| Loss allowance to noncurrent loans | 0.89% |
| Noncurrent assets plus other real estate owned to assets | 431.00% |
| Noncurrent loans to loans | 0.14% |
| Net loans and leases to deposits | 0.21% |
| Net loans and leases to core deposits | 96.40% |
| Equity capital to assets | 117.33% |
| Core capital (leverage) ratio | 9.30% |
| Tier 1 risk-based capital ratio | 9.06% |
| Total risk-based capital ratio | 15.77% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $869,633 |
| Average equity | $85,690 |
| Average loans | $817,647 |
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