Cenwest National Bank in city_name, state_name - Detailed Financial Reports, Location

Cenwest National Bank in Johnstown, Pennsylvania (PA)
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Cenwest National Bank - Overview

General
FDIC Certificate #: 7455
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Commonwealth Bank (#7468)
Federal Reserve ID: 347518
Date Established: January 01, 1921
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 12 (Interstate: No)
OTS Docket #: 10220
FDIC's unique #: 4846
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: November 13, 1995
Last Structure Change Process Date: Febuary 06, 1996
Last Data Update: Febuary 06, 1996
Data Source Date: April 05, 2012
Location
Address: 217 Franklin Street, Johnstown, PA 15901
County: Cambria
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): Johnstown, PA (#3680)
Core Based Statistical Area (CBSA): Johnstown, PA (#27780)
CBSA Metro Statistical Area: Johnstown, PA (#27780)
Financial Summary
Total assets: $393.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$148Total assets
$377,795Cash and due from depository institutions
$10,885Interest-bearing balances
$1Securities
$136,878Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$221,195Loan loss allowance
$2,937Trading account assets
$0Bank premises and fixed assets
$3,960Other real estate owned
$354Goodwill and other intangibles
$4,523Life insurance assets
$0All other assets
$0Total liabilities and capital
$377,795Total liabilities
$347,681Total deposits
$338,066Interest-bearing deposits
$304,830Deposits held in domestic offices
338066.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$2,028Trading liabilities
$0Other borrowed funds
$4,707Subordinated debt
$0All other liabilities
$2,880Total equity capital
$2,880Total bank equity capital
$30,114Perpetual preferred stock
$0Common stock
$2,350Surplus
$4,240Undivided profits
Memoranda
$23,524Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,634Income earned, not collected on loans
$842Earning assets
$358,074Long-term assets (5+ years)
$127,578Average Assets, year-to-date
$370,549Average Assets, quarterly
$376,568Volatile liabilities
$15,945Insider loans
$2,885FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$30,706Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$32,693Total risk weighted assets
$223,620Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$25,816Total interest expense
$10,678Net interest income
$15,138Provision for loan and lease losses
$623Total noninterest income
$1,260Fiduciary activities
$0Service charges on deposit accounts
$661Trading account gains & fees
$0Additional noninterest income
$599Total noninterest expense
$8,543Salaries and employee benefits
$4,154Premises and equipment expense
$901Additional noninterest expense
$3,488Pre-tax net operating income
$7,232Securities gains (losses)
$47Applicable income taxes
$2,412Income before extraordinary items
$4,867Extraordinary gains - net
$0Net income attributable to bank
$4,867Net charge-offs
$343Cash dividends
$2,920Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.31%Cost of funding earning assets
3.02%Net interest margin
4.29%Noninterest income to earning assets
0.36%Noninterest expense to earning assets
2.42%Net operating income to assets
1.30%Return on assets (ROA)
1.31%Pretax return on assets
1.96%Return on equity (ROE)
15.97%Retained earnings to average equity (YTD only)
6.39%Net charge-offs to loans
0.16%Credit loss provision to net charge-offs
181.63%Efficiency ratio
52,098Assets per employee
2.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.00%Loss allowance to loans
1.31%Loss allowance to noncurrent loans
179.74%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.73%Net loans and leases to deposits
65.43%Net loans and leases to core deposits
67.88%Equity capital to assets
7.97%Core capital (leverage) ratio
8.66%Tier 1 risk-based capital ratio
14.62%Total risk-based capital ratio
Memoranda
$16Average assets
$370,549Average earning assets
$30,481Average equity
$353,056Average loans

Cenwest National Bank in Johnstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Cenwest National Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Cenwest National Bank in Johnstown, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

Cenwest National Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Cenwest National Bank in Johnstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches