Allegheny Valley Bank of Pittsburgh in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Allegheny Valley Bank of Pittsburgh in Pittsburgh, Pennsylvania (PA)
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Allegheny Valley Bank of Pittsburgh - Overview

  • General
  • FDIC Certificate #: 6058
    Status: Active
    Federal Reserve ID: 1829
    Bank Holding Company (Regulatory Top Holder): Allegheny Valley Bancorp, Inc. (RSSDID: 1247419, Location: Pittsburgh, PA)
    Date Established: October 15, 1900
    WWW: http://www.avbpgh.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 9 (Domestic: 9, Interstate: No)
    FDIC's unique #: 4088
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 02, 2007
    Last Structure Change Process Date: Febuary 05, 2007
    Last Data Update: Febuary 05, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 5137 Butler Street, Pittsburgh, PA 15201
    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)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
    Corrections
  • Financial Summary
  • Total assets: $407.4 mil
    Equity capital: $43.4 mil
    Deposits held in domestic offices: $335.6 mil
    Return on assets (ROA): 0.70% ($2.8 mil)
    Quarterly return on assets: 0.72% ($2.9 mil)
    Return on Equity (ROE): 6.77% ($2.9 mil)
    Quarterly return on equity: 6.77% ($2.9 mil)
    Net income: $2.9 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.91% ($3,706.9 mil)
    Quarterly Pretax return on assets: 0.94% ($3,829.1 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 96Total employees (full-time equivalent)
  • $407,355Total assets
  • $56,542Cash and due from depository institutions
  • $51,170Interest-bearing balances
  • $74,803Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $256,739Net loans & leases
  • $4,059Loan loss allowance
  • $0Trading account assets
  • $3,736Bank premises and fixed assets
  • $37Other real estate owned
  • $8,488Goodwill and other intangibles
  • $407,355Life insurance assets
  • $7,010All other assets
  • $363,916Total liabilities and capital
  • $335,558Total liabilities
  • $256,029Total deposits
  • $335,558Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 2903.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $23,482Trading liabilities
  • $0Other borrowed funds
  • $1,973Subordinated debt
  • $43,439All other liabilities
  • $43,439Total equity capital
  • $43,439Total bank equity capital
  • $0Perpetual preferred stock
  • $390Common stock
  • $3,100Surplus
  • $39,949Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,813Income earned, not collected on loans
  • $0Earning assets
  • $1,145Long-term assets (5+ years)
  • $382,712Average Assets, year-to-date
  • $207,025Average Assets, quarterly
  • $408,312Volatile liabilities
  • $406,565Insider loans
  • $240,819FHLB advances
  • $400,540Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,902Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $40,371Restructured Loans and leases
  • $1,851Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $17,372Total interest income
  • $4,310Total interest expense
  • $13,062Net interest income
  • $425Provision for loan and lease losses
  • $2,240Total noninterest income
  • $0Fiduciary activities
  • $958Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,282Additional noninterest income
  • $11,237Total noninterest expense
  • $5,763Salaries and employee benefits
  • $1,254Premises and equipment expense
  • $4,220Additional noninterest expense
  • $3,640Pre-tax net operating income
  • $75Securities gains (losses)
  • $849Applicable income taxes
  • $2,866Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,866Net income attributable to bank
  • $0Net charge-offs
  • $2,866Cash dividends
  • $155Sale, conversion, retirement of capital stock, net
  • $1,865Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.53%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 3.41%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.93%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.70%Return on assets (ROA)
  • 0.91%Pretax return on assets
  • 6.77%Return on equity (ROE)
  • 2.37%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 274.19%Credit loss provision to net charge-offs
  • 26.23%Efficiency ratio
  • 73,435Assets per employee
  • 4.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.07%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 69.83%Noncurrent assets plus other real estate owned to assets
  • 1.44%Noncurrent loans to loans
  • 2.23%Net loans and leases to deposits
  • 76.51%Net loans and leases to core deposits
  • 80.66%Equity capital to assets
  • 10.66%Core capital (leverage) ratio
  • 8.21%Tier 1 risk-based capital ratio
  • 13.66%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $408,312Average earning assets
  • $42,321Average equity
  • $383,351Average loans

List of branches

  • 9 Pennsylvania Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04088Allegheny Valley Bank Of Pittsburgh5137 Butler Street, Pittsburgh, PA 15201October 15, 1900Full Service Brick and Mortar
    1208647Blawnox BranchFreeport Road And Center Avenue, Blawnox, PA 15238January 22, 1968Full Service Brick and Mortar
    2208648Shaler Branch900 Mount Royal Boulevard, Pittsburgh, PA 15223December 28, 1971Full Service Brick and Mortar
    4208650Monroeville Branch2886 Monroeville Boulevard, Monroeville, PA 15146December 14, 1987Full Service Brick and Mortar
    5208651Parkway Center Mall Branch4 Parkway Ctr, Ste 100, 875 Greentre, Pittsburgh, PA 15220August 17, 1992Full Service Brick and Mortar
    6208652Pittsburgh Branch428 Forbes Avenue, Pittsburgh, PA 15219September 13, 1993Full Service Brick and Mortar
    7453179Penn Avenue Branch4314 Penn Avenue, Pittsburgh, PA 15224June 08, 2006Full Service Brick and Mortar
    840762Mt. Troy Bank Branch2000 Mt Troy Road, Pittsburgh, PA 15212January 01, 1891Full Service Brick and Mortar
    11512622Mcknight Branch7703 Mcknight Road, Pittsburgh, PA 15237August 30, 2010Full Service Brick and Mortar

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