FDIC Certificate #: 34711 Status: Active Federal Reserve ID: 19972 Date Established: June 30, 1894 Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 9008 FDIC's unique #: 61315 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: All Other Specialization < 1 Billion Date of Deposit Insurance: December 09, 1997 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 290 West Park, Rochester, PA 15074 County: Beaver 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): Pittsburgh, PA (#6280) Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430) Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300) CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $88.4 mil Equity capital: $13.3 mil Deposits held in domestic offices: $74.3 mil Return on assets (ROA): 0.96% ($0.8 mil) Quarterly return on assets: 1.46% ($1.3 mil) Return on Equity (ROE): 6.15% ($0.8 mil) Quarterly return on equity: 9.51% ($1.2 mil) Net income: $0.8 mil Quarterly Net income: $0.3 mil Pretax return on assets: 1.04% ($919.8 mil) Quarterly Pretax return on assets: 1.00% ($884.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$88,439Total assets
$29,582Cash and due from depository institutions
$15,139Interest-bearing balances
$19,987Securities
$0Federal funds sold & reverse repurchase agreements
$35,206Net loans & leases
$300Loan loss allowance
$0Trading account assets
$353Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$88,439Life insurance assets
$3,311All other assets
$75,111Total liabilities and capital
$74,328Total liabilities
$74,268Total deposits
$74,328Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$783Subordinated debt
$13,328All other liabilities
$13,328Total equity capital
$13,328Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$12,536Surplus
$792Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,276Income earned, not collected on loans
$0Earning assets
$204Long-term assets (5+ years)
$70,332Average Assets, year-to-date
$51,889Average Assets, quarterly
$82,641Volatile liabilities
$86,030Insider loans
$33,094FHLB advances
$86,735Loans and leases held for sale
$2,522Unused loan commitments
$2,522Tier 1 (core) risk-based capital
$13,328Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$777Restructured Loans and leases
$668Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,677Total interest income
$688Total interest expense
$1,989Net interest income
$64Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$114Additional noninterest income
$1,203Total noninterest expense
$726Salaries and employee benefits
$131Premises and equipment expense
$346Additional noninterest expense
$836Pre-tax net operating income
$26Securities gains (losses)
$69Applicable income taxes
$793Income before extraordinary items
$0Extraordinary gains - net
$793Net income attributable to bank
$0Net charge-offs
$793Cash dividends
$14Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.86%Yield on earning assets
0.99%Cost of funding earning assets
2.87%Net interest margin
0.16%Noninterest income to earning assets
1.74%Noninterest expense to earning assets
0.93%Net operating income to assets
0.96%Return on assets (ROA)
1.04%Pretax return on assets
6.15%Return on equity (ROE)
6.15%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
457.14%Credit loss provision to net charge-offs
64.29%Efficiency ratio
57,204Assets per employee
14.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
13.18%Noncurrent assets plus other real estate owned to assets
2.57%Noncurrent loans to loans
6.41%Net loans and leases to deposits
47.37%Net loans and leases to core deposits
47.37%Equity capital to assets
15.07%Core capital (leverage) ratio
15.37%Tier 1 risk-based capital ratio
40.27%Total risk-based capital ratio
Memoranda
$41Average assets
$82,641Average earning assets
$12,892Average equity
$69,282Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
61315
Farmers Building And Savings Bank
290 West Park, Rochester, PA 15074
June 30, 1894
Full Service Brick and Mortar
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