CoreStates Hamilton Bank in Lancaster, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 16, 1993

  • CoreStates Hamilton Bank in Lancaster, Pennsylvania (PA)
  • Show street view No street view available for this location

CoreStates Hamilton Bank - Overview

  • General
  • FDIC Certificate #: 7823
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Corestates Bank, National Association (#719)
    Federal Reserve ID: 518813
    Date Established: January 09, 1865
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 70 (Interstate: No)
    FDIC's unique #: 5041
    Numeric code: 21
    Regulator: FDIC
    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: August 16, 1993
    Last Structure Change Process Date: September 02, 1993
    Last Data Update: September 02, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 North Queen Street, Lancaster, PA 17603
    County: Lancaster
    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): Lancaster, PA (#4000)
    Core Based Statistical Area (CBSA): Lancaster, PA (#29540)
    CBSA Metro Statistical Area: Lancaster, PA (#29540)
  • Financial Summary
  • Total assets: $2,646.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,251Total assets
  • $2,762,558Cash and due from depository institutions
  • $170,409Interest-bearing balances
  • $0Securities
  • $295,784Federal funds sold & reverse repurchase agreements
  • $469,000Net loans & leases
  • $1,741,006Loan loss allowance
  • $40,854Trading account assets
  • $0Bank premises and fixed assets
  • $32,629Other real estate owned
  • $2,281Goodwill and other intangibles
  • $51,449Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $2,762,558Total liabilities
  • $2,548,209Total deposits
  • $2,431,241Interest-bearing deposits
  • $2,060,361Deposits held in domestic offices
  • 2431241.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $41,118Trading liabilities
  • $0Other borrowed funds
  • $775Subordinated debt
  • $15,000All other liabilities
  • $60,075Total equity capital
  • $60,075Total bank equity capital
  • $214,349Perpetual preferred stock
  • $0Common stock
  • $18,326Surplus
  • $81,674Undivided profits
  • Memoranda
  • $114,349Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,236Income earned, not collected on loans
  • $7,769Earning assets
  • $2,505,790Long-term assets (5+ years)
  • $143,817Average Assets, year-to-date
  • $2,765,839Average Assets, quarterly
  • $2,729,909Volatile liabilities
  • $117,227Insider loans
  • $155FHLB advances
  • $0Loans and leases held for sale
  • $3,636Unused loan commitments
  • $185,612Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $214,349Total risk weighted assets
  • $2,101,153Total unused commitments
  • $0Restructured Loans and leases
  • $1,267,459Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $203,867Total interest expense
  • $70,054Net interest income
  • $133,813Provision for loan and lease losses
  • $21,669Total noninterest income
  • $31,569Fiduciary activities
  • $13,902Service charges on deposit accounts
  • $12,789Trading account gains & fees
  • $0Additional noninterest income
  • $4,878Total noninterest expense
  • $104,125Salaries and employee benefits
  • $38,235Premises and equipment expense
  • $11,060Additional noninterest expense
  • $54,830Pre-tax net operating income
  • $39,588Securities gains (losses)
  • $0Applicable income taxes
  • $11,477Income before extraordinary items
  • $28,111Extraordinary gains - net
  • -$9,814Net income attributable to bank
  • $18,297Net charge-offs
  • $19,564Cash dividends
  • $21,633Sale, 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
  • 8.02%Cost of funding earning assets
  • 2.75%Net interest margin
  • 5.26%Noninterest income to earning assets
  • 1.24%Noninterest expense to earning assets
  • 4.09%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 1.08%Return on equity (ROE)
  • 8.42%Retained earnings to average equity (YTD only)
  • -1.53%Net charge-offs to loans
  • 1.03%Credit loss provision to net charge-offs
  • 110.76%Efficiency ratio
  • 62,960Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 118.23%Loss allowance to loans
  • 2.29%Loss allowance to noncurrent loans
  • 161.89%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 71.61%Net loans and leases to core deposits
  • 73.91%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.89%Tier 1 risk-based capital ratio
  • 10.20%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,765,839Average earning assets
  • $217,362Average equity
  • $2,542,924Average 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 CoreStates Hamilton 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.
Table of Contents