Commonwealth Bank in city_name, state_name - Detailed Financial Reports, Location

Commonwealth Bank in Williamsport, Pennsylvania (PA)
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Commonwealth Bank - Overview

General
FDIC Certificate #: 7812
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Meridian Bank (#11870)
Federal Reserve ID: 111317
Date Established: December 03, 1863
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 62 (Interstate: No)
OTS Docket #: 9428
FDIC's unique #: 5035
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: September 01, 1993
Last Structure Change Process Date: September 21, 1993
Last Data Update: September 21, 1993
Data Source Date: April 05, 2012
Location
Address: 101 West Third Street, Williamsport, PA 17703
County: Lycoming
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
Metropolitan Statistical Area (MSA): Williamsport, PA (#9140)
Combined Statistical Area (CSA): Williamsport-Lock Haven, PA (#558)
Core Based Statistical Area (CBSA): Williamsport, PA (#48700)
CBSA Metro Statistical Area: Williamsport, PA (#48700)
Financial Summary
Total assets: $2,214.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$651Total assets
$2,018,838Cash and due from depository institutions
$69,075Interest-bearing balances
$102Securities
$770,919Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$1,121,392Loan loss allowance
$17,103Trading account assets
$0Bank premises and fixed assets
$17,543Other real estate owned
$5,228Goodwill and other intangibles
$34,551Life insurance assets
$130All other assets
$0Total liabilities and capital
$2,018,838Total liabilities
$1,882,172Total deposits
$1,560,202Interest-bearing deposits
$1,383,657Deposits held in domestic offices
1560202.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$192,985Trading liabilities
$0Other borrowed funds
$111,119Subordinated debt
$0All other liabilities
$17,866Total equity capital
$17,866Total bank equity capital
$136,666Perpetual preferred stock
$0Common stock
$9,759Surplus
$45,129Undivided profits
Memoranda
$81,778Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$26,259Income earned, not collected on loans
$4,906Earning assets
$1,892,413Long-term assets (5+ years)
$914,799Average Assets, year-to-date
$1,934,445Average Assets, quarterly
$2,018,161Volatile liabilities
$458,988Insider loans
$352FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$224,314Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$136,536Total risk weighted assets
$1,182,379Total unused commitments
$0Restructured Loans and leases
$100,000Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$159,743Total interest expense
$83,103Net interest income
$76,640Provision for loan and lease losses
$8,845Total noninterest income
$12,795Fiduciary activities
$2,696Service charges on deposit accounts
$3,638Trading account gains & fees
$0Additional noninterest income
$6,461Total noninterest expense
$49,328Salaries and employee benefits
$16,705Premises and equipment expense
$4,677Additional noninterest expense
$27,946Pre-tax net operating income
$31,262Securities gains (losses)
$998Applicable income taxes
$9,168Income before extraordinary items
$23,092Extraordinary gains - net
$0Net income attributable to bank
$23,092Net charge-offs
$5,748Cash dividends
$8,550Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.78%Cost of funding earning assets
4.57%Net interest margin
4.21%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
2.71%Net operating income to assets
1.16%Return on assets (ROA)
1.19%Pretax return on assets
1.67%Return on equity (ROE)
17.88%Retained earnings to average equity (YTD only)
11.26%Net charge-offs to loans
0.53%Credit loss provision to net charge-offs
153.88%Efficiency ratio
55,004Assets per employee
3.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
37.03%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
65.13%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
2.31%Net loans and leases to deposits
71.87%Net loans and leases to core deposits
79.83%Equity capital to assets
6.77%Core capital (leverage) ratio
6.78%Tier 1 risk-based capital ratio
11.55%Total risk-based capital ratio
Memoranda
$13Average assets
$1,934,445Average earning assets
$129,154Average equity
$1,819,820Average loans

Commonwealth Bank in Williamsport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Commonwealth Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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Commonwealth Bank in Williamsport, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

Commonwealth Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

Commonwealth Bank in Williamsport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches