FDIC Certificate #: 35078 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:VIST Bank (#7748) Federal Reserve ID: 2830135 Date Established: July 06, 1999 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 74653 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 06, 1999 Last Structure Change Effective Date: November 19, 2010 Last Structure Change Process Date: November 22, 2010 Last Data Update: November 22, 2010 Data Source Date: April 05, 2012
Location
Address: One Belmont Avenue, Bala Cynwyd, PA 19004 County: Montgomery Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Philadelphia Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160) Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77) Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428) Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) Core Based Statistical Division: Philadelphia, PA (#37964)
Financial Summary
Total assets: $106.6 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
30Total employees (full-time equivalent)
$134,784Total assets
$12,784Cash and due from depository institutions
$12,300Interest-bearing balances
$12,964Securities
$0Federal funds sold & reverse repurchase agreements
$103,730Net loans & leases
$2,066Loan loss allowance
$0Trading account assets
$2,308Bank premises and fixed assets
$163Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,835All other assets
$134,784Total liabilities and capital
$128,957Total liabilities
$115,325Total deposits
$110,244Interest-bearing deposits
$115,325Deposits held in domestic offices
85.59%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$12,640Other borrowed funds
$0Subordinated debt
$992All other liabilities
$5,827Total equity capital
$5,827Total bank equity capital
$5,827Perpetual preferred stock
$0Common stock
$4,798Surplus
$19,922Undivided profits
Memoranda
$-18,893Noncurrent loans and leases
$9,577Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,712Earning assets
$0Long-term assets (5+ years)
$491Average Assets, year-to-date
$128,994Average Assets, quarterly
$30,851Volatile liabilities
$151,843Insider loans
$141,404FHLB advances
$15,183Loans and leases held for sale
$266Unused loan commitments
$12,640Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,577Total unused commitments
$0Restructured Loans and leases
$1,155Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$8,047Total interest income
$4,197Total interest expense
$3,850Net interest income
$6,667Provision for loan and lease losses
$747Total noninterest income
$0Fiduciary activities
$70Service charges on deposit accounts
$0Trading account gains & fees
$677Additional noninterest income
$7,418Total noninterest expense
$3,147Salaries and employee benefits
$1,079Premises and equipment expense
$3,192Additional noninterest expense
-$9,488Pre-tax net operating income
$177Securities gains (losses)
$0Applicable income taxes
-$9,311Income before extraordinary items
$0Extraordinary gains - net
-$9,311Net income attributable to bank
$0Net charge-offs
-$9,311Cash dividends
$9,687Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.55%Yield on earning assets
2.89%Cost of funding earning assets
2.65%Net interest margin
0.52%Noninterest income to earning assets
5.12%Noninterest expense to earning assets
-6.25%Net operating income to assets
-6.13%Return on assets (ROA)
-6.13%Pretax return on assets
-102.57%Return on equity (ROE)
-102.57%Retained earnings to average equity (YTD only)
8.09%Net charge-offs to loans
68.82%Credit loss provision to net charge-offs
-0.29%Efficiency ratio
161,366Assets per employee
4.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.95%Loss allowance to noncurrent loans
23.71%Noncurrent assets plus other real estate owned to assets
6.58%Noncurrent loans to loans
8.23%Net loans and leases to deposits
89.95%Net loans and leases to core deposits
103.58%Equity capital to assets
4.32%Core capital (leverage) ratio
4.21%Tier 1 risk-based capital ratio
6.54%Total risk-based capital ratio
Memoranda
$8Average assets
$151,843Average earning assets
$9,078Average equity
$145,011Average loans
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