FDIC Certificate #: 58412 Status: Active Federal Reserve ID: 3487509 Date Established: Febuary 09, 2007 WWW:http://www.colonialamericanbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 451135 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: Febuary 09, 2007 Last Structure Change Effective Date: Febuary 27, 2012 Last Structure Change Process Date: Febuary 27, 2012 Last Data Update: Febuary 27, 2012 Data Source Date: April 05, 2012
Location
Address: 300 Welsh Rd. Bldg #4, Suite #100, Horsham, PA 19044 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: $44.0 mil Equity capital: $14.0 mil Deposits held in domestic offices: $29.4 mil Return on assets (ROA): -11.93% (-$5.2 mil) Quarterly return on assets: -14.94% (-$6.6 mil) Return on Equity (ROE): -38.36% (-$5.4 mil) Quarterly return on equity: -40.92% (-$5.7 mil) Net income: -$3.8 mil Quarterly Net income: -$1.5 mil Pretax return on assets: -11.93% (-$5,254.9 mil) Quarterly Pretax return on assets: -14.94% (-$6,580.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
17Total employees (full-time equivalent)
$44,048Total assets
$5,060Cash and due from depository institutions
$4,700Interest-bearing balances
$5,267Securities
$0Federal funds sold & reverse repurchase agreements
$32,042Net loans & leases
$466Loan loss allowance
$0Trading account assets
$563Bank premises and fixed assets
$189Other real estate owned
$0Goodwill and other intangibles
$44,048Life insurance assets
$927All other assets
$30,008Total liabilities and capital
$29,402Total liabilities
$28,097Total deposits
$29,402Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$606Subordinated debt
$14,040All other liabilities
$14,040Total equity capital
$14,040Total bank equity capital
$0Perpetual preferred stock
$1,805Common stock
$22,989Surplus
$-10,754Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,152Income earned, not collected on loans
$0Earning assets
$131Long-term assets (5+ years)
$42,009Average Assets, year-to-date
$18,860Average Assets, quarterly
$32,164Volatile liabilities
$41,363Insider loans
$33,077FHLB advances
$41,467Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,897Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$6,146Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,274Total interest income
$320Total interest expense
$954Net interest income
$740Provision for loan and lease losses
$25Total noninterest income
$0Fiduciary activities
$5Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$4,077Total noninterest expense
$1,810Salaries and employee benefits
$284Premises and equipment expense
$1,983Additional noninterest expense
-$3,838Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$3,838Income before extraordinary items
$0Extraordinary gains - net
-$3,838Net income attributable to bank
$0Net charge-offs
-$3,838Cash dividends
$499Sale, conversion, retirement of capital stock, net
$14Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.16%Yield on earning assets
1.04%Cost of funding earning assets
3.11%Net interest margin
0.08%Noninterest income to earning assets
13.31%Noninterest expense to earning assets
-11.93%Net operating income to assets
-11.93%Return on assets (ROA)
-11.93%Pretax return on assets
-38.36%Return on equity (ROE)
-38.50%Retained earnings to average equity (YTD only)
2.46%Net charge-offs to loans
148.30%Credit loss provision to net charge-offs
-6.21%Efficiency ratio
416,445Assets per employee
2.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
-0.36%Loss allowance to loans
1.43%Loss allowance to noncurrent loans
40.45%Noncurrent assets plus other real estate owned to assets
3.04%Noncurrent loans to loans
3.54%Net loans and leases to deposits
108.98%Net loans and leases to core deposits
114.52%Equity capital to assets
31.87%Core capital (leverage) ratio
33.51%Tier 1 risk-based capital ratio
42.01%Total risk-based capital ratio
Memoranda
$43Average assets
$32,164Average earning assets
$10,006Average equity
$30,634Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
451135
Colonial American Bank
300 Welsh Rd. Bldg #4, Suite #100, Horsham, PA 19044
Febuary 09, 2007
Full Service Brick and Mortar
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