Ambassador Bank of the Commonwealth in Allentown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 11, 1998

  • Ambassador Bank of the Commonwealth in Allentown, Pennsylvania (PA)
  • Show street view No street view available for this location

Ambassador Bank of the Commonwealth - Overview

  • General
  • FDIC Certificate #: 33197
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Lafayette Ambassador Bank (#11106)
    Federal Reserve ID: 1496020
    Date Established: November 19, 1990
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 8 (Interstate: No)
    OTS Docket #: 10318
    FDIC's unique #: 46434
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 19, 1990
    Last Structure Change Effective Date: September 11, 1998
    Last Structure Change Process Date: October 06, 1998
    Last Data Update: October 06, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 4127 Tilghman Street, Allentown, PA 18104
    County: Lehigh
    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): Allentown-Bethlehem-Easton, PA (#240)
    Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900)
    CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
  • Financial Summary
  • Total assets: $286.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 91Total employees (full-time equivalent)
  • $277,907Total assets
  • $12,707Cash and due from depository institutions
  • $1,391Interest-bearing balances
  • $75,652Securities
  • $9,297Federal funds sold & reverse repurchase agreements
  • $173,761Net loans & leases
  • $1,963Loan loss allowance
  • $0Trading account assets
  • $3,414Bank premises and fixed assets
  • $256Other real estate owned
  • $94Goodwill and other intangibles
  • $0Life insurance assets
  • $2,726All other assets
  • $277,907Total liabilities and capital
  • $256,845Total liabilities
  • $240,610Total deposits
  • $222,621Interest-bearing deposits
  • $240,610Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $8,690Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $4,545All other liabilities
  • $21,062Total equity capital
  • $21,062Total bank equity capital
  • $21,062Perpetual preferred stock
  • $0Common stock
  • $7,641Surplus
  • $10,120Undivided profits
  • Memoranda
  • $3,301Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,046Earning assets
  • $0Long-term assets (5+ years)
  • $853Average Assets, year-to-date
  • $260,101Average Assets, quarterly
  • $71,583Volatile liabilities
  • $241,138Insider loans
  • $267,843FHLB advances
  • $33,077Loans and leases held for sale
  • $1,334Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $40,896Total unused commitments
  • $0Restructured Loans and leases
  • $182,463Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $17,683Total interest income
  • $8,538Total interest expense
  • $9,145Net interest income
  • $675Provision for loan and lease losses
  • $1,064Total noninterest income
  • $0Fiduciary activities
  • $376Service charges on deposit accounts
  • $0Trading account gains & fees
  • $688Additional noninterest income
  • $7,040Total noninterest expense
  • $3,044Salaries and employee benefits
  • $1,253Premises and equipment expense
  • $2,743Additional noninterest expense
  • $2,494Pre-tax net operating income
  • $17Securities gains (losses)
  • $574Applicable income taxes
  • $1,937Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,937Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $272Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.84%Yield on earning assets
  • 3.79%Cost of funding earning assets
  • 4.05%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 3.12%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 11.90%Return on equity (ROE)
  • 11.90%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 248.16%Credit loss provision to net charge-offs
  • 11.65%Efficiency ratio
  • 68,655Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 187.67%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.60%Net loans and leases to deposits
  • 72.22%Net loans and leases to core deposits
  • 79.26%Equity capital to assets
  • 7.58%Core capital (leverage) ratio
  • 7.58%Tier 1 risk-based capital ratio
  • 11.19%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $241,138Average earning assets
  • $16,276Average equity
  • $225,537Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Ambassador Bank of the Commonwealth.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents