American Savings Bank in Tamaqua, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1994

American Savings Bank in Tamaqua, Pennsylvania (PA)
Show street view No street view available for this location

American Savings Bank - Overview

General
FDIC Certificate #: 30195
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Keystone Financial Bank, National Association (#7712)
Federal Reserve ID: 686178
Date Established: January 01, 1920
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 8 (Interstate: No)
OTS Docket #: 4926
FDIC's unique #: 43029
Numeric code: 41
Regulator: FDIC
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: November 27, 1943
Last Structure Change Effective Date: November 01, 1994
Last Structure Change Process Date: November 15, 1994
Last Data Update: November 15, 1994
Data Source Date: April 05, 2012
Location
Address: 138-140 West Broad Street, Tamaqua, PA 18252
County: Schuylkill
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Harrisburg
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Core Based Statistical Area (CBSA): Pottsville, PA (#39060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $137.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$77Total assets
$135,636Cash and due from depository institutions
$4,682Interest-bearing balances
$2,770Securities
$47,751Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$77,104Loan loss allowance
$1,015Trading account assets
$0Bank premises and fixed assets
$2,856Other real estate owned
$231Goodwill and other intangibles
$3,012Life insurance assets
$0All other assets
$0Total liabilities and capital
$135,636Total liabilities
$124,464Total deposits
$114,452Interest-bearing deposits
$109,803Deposits held in domestic offices
114452.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$8,928Subordinated debt
$0All other liabilities
$1,084Total equity capital
$1,084Total bank equity capital
$11,172Perpetual preferred stock
$0Common stock
$704Surplus
$5,736Undivided profits
Memoranda
$4,732Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,466Income earned, not collected on loans
$570Earning assets
$127,625Long-term assets (5+ years)
$71,390Average Assets, year-to-date
$130,000Average Assets, quarterly
$135,414Volatile liabilities
$13,878Insider loans
$1,292FHLB advances
$0Loans and leases held for sale
$987Unused loan commitments
$10,360Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,172Total risk weighted assets
$83,797Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$8,751Total interest expense
$4,440Net interest income
$4,311Provision for loan and lease losses
$392Total noninterest income
$1,152Fiduciary activities
$0Service charges on deposit accounts
$329Trading account gains & fees
$0Additional noninterest income
$823Total noninterest expense
$4,731Salaries and employee benefits
$2,099Premises and equipment expense
$738Additional noninterest expense
$1,894Pre-tax net operating income
$340Securities gains (losses)
$222Applicable income taxes
-$61Income before extraordinary items
$623Extraordinary gains - net
$259Net income attributable to bank
$882Net charge-offs
$399Cash dividends
$337Sale, conversion, retirement of capital stock, net
$16Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.11%Cost of funding earning assets
3.61%Net interest margin
3.50%Noninterest income to earning assets
0.94%Noninterest expense to earning assets
3.84%Net operating income to assets
0.31%Return on assets (ROA)
0.68%Pretax return on assets
0.63%Return on equity (ROE)
8.10%Retained earnings to average equity (YTD only)
5.00%Net charge-offs to loans
0.49%Credit loss provision to net charge-offs
98.25%Efficiency ratio
86,601Assets per employee
1.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.21%Loss allowance to loans
1.30%Loss allowance to noncurrent loans
41.16%Noncurrent assets plus other real estate owned to assets
1.99%Noncurrent loans to loans
3.16%Net loans and leases to deposits
67.37%Net loans and leases to core deposits
70.41%Equity capital to assets
8.24%Core capital (leverage) ratio
8.24%Tier 1 risk-based capital ratio
13.33%Total risk-based capital ratio
Memoranda
$15Average assets
$130,000Average earning assets
$10,894Average equity
$123,093Average 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 American Savings Bank.
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.