Peoples Bank and Trust Company in Jennerstown, Pennsylvania (PA)
Table of contents:
| Peoples Bank and Trust Company | |
|---|---|
| General | FDIC Certificate #: 8412 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 944524 Date Established: August 15, 1924 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 10248 FDIC's unique #: 5357 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: Pitt Street, Jennerstown, PA 15547 County: Somerset 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): Johnstown, PA (#3680) Core Based Statistical Area (CBSA): Somerset, PA (#43740) CBSA Micro Statistical Area: Yes |
| Financial Summary | Total assets: $110.6 mil |
| Assets and Liabilities (December 31, 1994) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $43 |
| Cash and due from depository institutions | $113,158 |
| Interest-bearing balances | $2,715 |
| Securities | $100 |
| Federal funds sold & reverse repurchase agreements | $55,735 |
| Net loans & leases | $0 |
| Loan loss allowance | $52,068 |
| Trading account assets | $714 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $703 |
| Goodwill and other intangibles | $63 |
| All other assets | $0 |
| Life insurance assets | $1,874 |
| Total liabilities and capital | $0 |
| Total liabilities | $113,158 |
| Total deposits | $104,581 |
| Interest-bearing deposits | $95,494 |
| Deposits held in domestic offices | $86,039 |
| % insured (estimated) | 95494.00% |
| Federal funds purchased & repurchase agreements | $97 |
| Trading liabilities | $2,900 |
| Other borrowed funds | $0 |
| Subordinated debt | $5,500 |
| All other liabilities | $0 |
| Total equity capital | $687 |
| Total bank equity capital | $687 |
| Perpetual preferred stock | $8,577 |
| Common stock | $0 |
| Surplus | $500 |
| Undivided profits | $1,734 |
| Memoranda | |
| Noncurrent loans and leases | $6,343 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $397 |
| Earning assets | $340 |
| Long-term assets (5+ years) | $107,903 |
| Average Assets, year-to-date | $49,414 |
| Average Assets, quarterly | $114,405 |
| Volatile liabilities | $113,562 |
| Insider loans | $10,689 |
| FHLB advances | $453 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $5,792 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $9,748 |
| Total unused commitments | $59,821 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1994) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $7,772 |
| Net interest income | $3,479 |
| Provision for loan and lease losses | $4,293 |
| Total noninterest income | $80 |
| Fiduciary activities | $299 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $168 |
| Additional noninterest income | $0 |
| Total noninterest expense | $131 |
| Salaries and employee benefits | $2,434 |
| Premises and equipment expense | $1,190 |
| Additional noninterest expense | $260 |
| Pre-tax net operating income | $984 |
| Securities gains (losses) | $2,078 |
| Applicable income taxes | -$10 |
| Income before extraordinary items | $650 |
| Extraordinary gains - net | $1,418 |
| Net income attributable to bank | $0 |
| Net charge-offs | $1,418 |
| Cash dividends | $12 |
| Sale, conversion, retirement of capital stock, net | $851 |
| 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 | 7.09% |
| Net interest margin | 3.17% |
| Noninterest income to earning assets | 3.92% |
| Noninterest expense to earning assets | 0.27% |
| Net operating income to assets | 2.22% |
| Return on assets (ROA) | 1.25% |
| Pretax return on assets | 1.24% |
| Return on equity (ROE) | 1.81% |
| Retained earnings to average equity (YTD only) | 15.76% |
| Net charge-offs to loans | 6.30% |
| Credit loss provision to net charge-offs | 0.02% |
| Efficiency ratio | 666.67% |
| Assets per employee | $53,005 |
| Cash dividends to net income (YTD only) | 2.63% |
| Condition Ratios (%) | |
| Loss allowance to loans | 60.01% |
| Loss allowance to noncurrent loans | 1.35% |
| Noncurrent assets plus other real estate owned to assets | 179.85% |
| Noncurrent loans to loans | 0.41% |
| Net loans and leases to deposits | 0.75% |
| Net loans and leases to core deposits | 54.52% |
| Equity capital to assets | 57.40% |
| Core capital (leverage) ratio | 7.58% |
| Tier 1 risk-based capital ratio | 8.61% |
| Total risk-based capital ratio | 16.30% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $114,405 |
| Average equity | $8,995 |
| Average loans | $109,600 |
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