Stanton Federal Savings Bank in Pittsburgh, Pennsylvania (PA)
Table of contents:
| Stanton Federal Savings Bank | |
|---|---|
| General | FDIC Certificate #: 30564 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: Laurel Savings Bank (#27956) Federal Reserve ID: 531773 Date Established: January 01, 1891 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5559 FDIC's unique #: 43398 Numeric code: 33 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: December 31, 1956 Last Structure Change Effective Date: March 28, 2003 Last Structure Change Process Date: April 30, 2003 Last Data Update: April 30, 2003 Data Source Date: April 05, 2012 |
| Location | Address: 900 Saxonburg Blvd, Pittsburgh, PA 15223 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: $52.0 mil |
| Assets and Liabilities (December 31, 2002) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 17 |
| Total assets | $51,959 |
| Cash and due from depository institutions | $8,954 |
| Interest-bearing balances | $8,343 |
| Securities | $17,828 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $22,612 |
| Loan loss allowance | $207 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $1,549 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $1,016 |
| Life insurance assets | $0 |
| Total liabilities and capital | $51,959 |
| Total liabilities | $44,937 |
| Total deposits | $41,332 |
| Interest-bearing deposits | $37,610 |
| Deposits held in domestic offices | $41,332 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $3,000 |
| Subordinated debt | $0 |
| All other liabilities | $605 |
| Total equity capital | $7,022 |
| Total bank equity capital | $7,022 |
| Perpetual preferred stock | $7,022 |
| Common stock | $0 |
| Surplus | $10 |
| Undivided profits | $3,407 |
| Memoranda | |
| Noncurrent loans and leases | $3,605 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $2,166 |
| Income earned, not collected on loans | $0 |
| Earning assets | $456 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $203 |
| Average Assets, quarterly | $48,783 |
| Volatile liabilities | $0 |
| Insider loans | $53,685 |
| FHLB advances | $52,468 |
| Loans and leases held for sale | $7,393 |
| Unused loan commitments | $667 |
| Tier 1 (core) risk-based capital | $3,000 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $2,166 |
| Restructured Loans and leases | $0 |
| Derivatives | $303 |
| Income and Expense (December 31, 2002) (Dollar figures in thousands) | |
| Total interest income | $2,984 |
| Total interest expense | $1,246 |
| Net interest income | $1,738 |
| Provision for loan and lease losses | $26 |
| Total noninterest income | $194 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $194 |
| Total noninterest expense | $1,661 |
| Salaries and employee benefits | $1,106 |
| Premises and equipment expense | $287 |
| Additional noninterest expense | $268 |
| Pre-tax net operating income | $245 |
| Securities gains (losses) | -$2 |
| Applicable income taxes | $65 |
| Income before extraordinary items | $178 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $178 |
| Net charge-offs | $0 |
| Cash dividends | $0 |
| Sale, conversion, retirement of capital stock, net | $2 |
| Net operating income | $670 |
| Performance and Condition Ratios (December 31, 2002) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.90% |
| Cost of funding earning assets | 2.47% |
| Net interest margin | 3.44% |
| Noninterest income to earning assets | 0.38% |
| Noninterest expense to earning assets | 3.29% |
| Net operating income to assets | 0.33% |
| Return on assets (ROA) | 0.33% |
| Pretax return on assets | 0.45% |
| Return on equity (ROE) | 2.48% |
| Retained earnings to average equity (YTD only) | -6.85% |
| Net charge-offs to loans | 0.01% |
| Credit loss provision to net charge-offs | 1300.00% |
| Efficiency ratio | 135.50% |
| Assets per employee | $85,973 |
| Cash dividends to net income (YTD only) | 3.06% |
| Condition Ratios (%) | |
| Loss allowance to loans | 376.40% |
| Loss allowance to noncurrent loans | 0.91% |
| Noncurrent assets plus other real estate owned to assets | 45.39% |
| Noncurrent loans to loans | 0.88% |
| Net loans and leases to deposits | 2.00% |
| Net loans and leases to core deposits | 54.71% |
| Equity capital to assets | 61.21% |
| Core capital (leverage) ratio | 13.51% |
| Tier 1 risk-based capital ratio | 13.26% |
| Total risk-based capital ratio | 28.70% |
| Memoranda | |
| Average assets | $30 |
| Average earning assets | $53,685 |
| Average equity | $7,184 |
| Average loans | $50,542 |
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