National Bank of the Commonwealth in Indiana, Pennsylvania (PA)
Table of contents:
| National Bank of the Commonwealth | |
|---|---|
| General | FDIC Certificate #: 14221 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 42420 Date Established: April 07, 1934 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 19 (Interstate: No) OTS Docket #: 10219 FDIC's unique #: 8878 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: April 07, 1934 Last Structure Change Effective Date: November 13, 1995 Last Structure Change Process Date: Febuary 06, 1996 Last Data Update: April 11, 1998 Data Source Date: April 05, 2012 |
| Location | Address: 600 Philadelphia Street, Indiana, PA 15701 County: Indiana 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 Core Based Statistical Area (CBSA): Indiana, PA (#26860) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $506.5 mil |
| Assets and Liabilities (December 31, 1994) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $187 |
| Cash and due from depository institutions | $506,183 |
| Interest-bearing balances | $15,289 |
| Securities | $0 |
| Federal funds sold & reverse repurchase agreements | $202,479 |
| Net loans & leases | $0 |
| Loan loss allowance | $277,045 |
| Trading account assets | $2,858 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $3,330 |
| Goodwill and other intangibles | $380 |
| All other assets | $0 |
| Life insurance assets | $7,660 |
| Total liabilities and capital | $0 |
| Total liabilities | $506,183 |
| Total deposits | $471,797 |
| Interest-bearing deposits | $409,295 |
| Deposits held in domestic offices | $354,935 |
| % insured (estimated) | 409295.00% |
| Federal funds purchased & repurchase agreements | $89 |
| Trading liabilities | $43,899 |
| Other borrowed funds | $0 |
| Subordinated debt | $14,696 |
| All other liabilities | $766 |
| Total equity capital | $3,141 |
| Total bank equity capital | $3,141 |
| Perpetual preferred stock | $34,386 |
| Common stock | $0 |
| Surplus | $4,000 |
| Undivided profits | $4,000 |
| Memoranda | |
| Noncurrent loans and leases | $26,386 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $4,280 |
| Earning assets | $1,781 |
| Long-term assets (5+ years) | $479,524 |
| Average Assets, year-to-date | $210,869 |
| Average Assets, quarterly | $502,203 |
| Volatile liabilities | $508,546 |
| Insider loans | $95,409 |
| FHLB advances | $9,496 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $4,635 |
| Tier 1 (core) risk-based capital | $88,733 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $39,300 |
| Total unused commitments | $317,939 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1994) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $33,869 |
| Net interest income | $15,624 |
| Provision for loan and lease losses | $18,245 |
| Total noninterest income | $799 |
| Fiduciary activities | $3,042 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $1,238 |
| Additional noninterest income | $0 |
| Total noninterest expense | $1,804 |
| Salaries and employee benefits | $10,917 |
| Premises and equipment expense | $4,444 |
| Additional noninterest expense | $1,379 |
| Pre-tax net operating income | $5,094 |
| Securities gains (losses) | $9,571 |
| Applicable income taxes | $106 |
| Income before extraordinary items | $2,927 |
| Extraordinary gains - net | $6,750 |
| Net income attributable to bank | $0 |
| Net charge-offs | $6,750 |
| Cash dividends | $556 |
| Sale, conversion, retirement of capital stock, net | $4,050 |
| 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 | 7.12% |
| Net interest margin | 3.28% |
| Noninterest income to earning assets | 3.83% |
| Noninterest expense to earning assets | 0.64% |
| Net operating income to assets | 2.29% |
| Return on assets (ROA) | 1.33% |
| Pretax return on assets | 1.34% |
| Return on equity (ROE) | 1.93% |
| Retained earnings to average equity (YTD only) | 19.09% |
| Net charge-offs to loans | 7.64% |
| Credit loss provision to net charge-offs | 0.21% |
| Efficiency ratio | 143.71% |
| Assets per employee | $51,285 |
| Cash dividends to net income (YTD only) | 2.71% |
| Condition Ratios (%) | |
| Loss allowance to loans | 60.00% |
| Loss allowance to noncurrent loans | 1.02% |
| Noncurrent assets plus other real estate owned to assets | 66.78% |
| Noncurrent loans to loans | 0.92% |
| Net loans and leases to deposits | 1.53% |
| Net loans and leases to core deposits | 67.69% |
| Equity capital to assets | 74.88% |
| Core capital (leverage) ratio | 6.79% |
| Tier 1 risk-based capital ratio | 7.78% |
| Total risk-based capital ratio | 12.36% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $502,203 |
| Average equity | $35,354 |
| Average loans | $475,832 |
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