Reliable Savings Bank in Bridgeville, Pennsylvania (PA)
Table of contents:
| Reliable Savings Bank | |
|---|---|
| General | FDIC Certificate #: 27940 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: First Commonwealth Bank (#7468) Federal Reserve ID: 625672 Date Established: January 01, 1925 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 581 FDIC's unique #: 40774 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: December 14, 1937 Last Structure Change Effective Date: September 27, 1997 Last Structure Change Process Date: October 08, 1997 Last Data Update: October 08, 1997 Data Source Date: April 05, 2012 |
| Location | Address: 428 Station Street, Bridgeville, PA 15017 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: $164.1 mil |
| Assets and Liabilities (December 31, 1996) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $38 |
| Cash and due from depository institutions | $156,225 |
| Interest-bearing balances | $4,899 |
| Securities | $3,776 |
| Federal funds sold & reverse repurchase agreements | $42,444 |
| Net loans & leases | $0 |
| Loan loss allowance | $104,275 |
| Trading account assets | $1,001 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $2,419 |
| Goodwill and other intangibles | $138 |
| All other assets | $0 |
| Life insurance assets | $2,050 |
| Total liabilities and capital | $0 |
| Total liabilities | $156,225 |
| Total deposits | $136,187 |
| Interest-bearing deposits | $135,633 |
| Deposits held in domestic offices | $128,936 |
| % insured (estimated) | 135633.00% |
| Federal funds purchased & repurchase agreements | $97 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $0 |
| All other liabilities | $0 |
| Total equity capital | $554 |
| Total bank equity capital | $554 |
| Perpetual preferred stock | $20,038 |
| Common stock | $0 |
| Surplus | $0 |
| Undivided profits | $6,836 |
| Memoranda | |
| Noncurrent loans and leases | $13,202 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $2,287 |
| Earning assets | $63 |
| Long-term assets (5+ years) | $150,495 |
| Average Assets, year-to-date | $0 |
| Average Assets, quarterly | $153,328 |
| Volatile liabilities | $158,233 |
| Insider loans | $11,651 |
| FHLB advances | $71 |
| Loans and leases held for sale | $0 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $2,366 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $19,979 |
| Total unused commitments | $74,344 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1996) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $11,041 |
| Net interest income | $5,542 |
| Provision for loan and lease losses | $5,499 |
| Total noninterest income | $61 |
| Fiduciary activities | $406 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $0 |
| Total noninterest expense | $406 |
| Salaries and employee benefits | $3,676 |
| Premises and equipment expense | $1,354 |
| Additional noninterest expense | $819 |
| Pre-tax net operating income | $1,503 |
| Securities gains (losses) | $2,168 |
| Applicable income taxes | $0 |
| Income before extraordinary items | $785 |
| Extraordinary gains - net | $1,383 |
| Net income attributable to bank | $0 |
| Net charge-offs | $1,383 |
| Cash dividends | $15 |
| Sale, conversion, retirement of capital stock, net | $300 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1996) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.49% |
| Net interest margin | 3.76% |
| Noninterest income to earning assets | 3.73% |
| Noninterest expense to earning assets | 0.28% |
| Net operating income to assets | 2.49% |
| Return on assets (ROA) | 0.90% |
| Pretax return on assets | 0.90% |
| Return on equity (ROE) | 1.41% |
| Retained earnings to average equity (YTD only) | 7.06% |
| Net charge-offs to loans | 5.53% |
| Credit loss provision to net charge-offs | 0.02% |
| Efficiency ratio | 406.67% |
| Assets per employee | $62,252 |
| Cash dividends to net income (YTD only) | 4.11% |
| Condition Ratios (%) | |
| Loss allowance to loans | 21.69% |
| Loss allowance to noncurrent loans | 0.95% |
| Noncurrent assets plus other real estate owned to assets | 43.77% |
| Noncurrent loans to loans | 1.55% |
| Net loans and leases to deposits | 2.17% |
| Net loans and leases to core deposits | 76.88% |
| Equity capital to assets | 84.10% |
| Core capital (leverage) ratio | 12.83% |
| Tier 1 risk-based capital ratio | 12.79% |
| Total risk-based capital ratio | 26.87% |
| Memoranda | |
| Average assets | $28 |
| Average earning assets | $153,328 |
| Average equity | $19,580 |
| Average loans | $147,372 |
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