FDIC Certificate #: 6482 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Susquehanna Bank DV (#6443) Federal Reserve ID: 973113 Date Established: April 18, 1903 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) FDIC's unique #: 4334 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: October 09, 1998 Last Structure Change Process Date: December 10, 1998 Last Data Update: December 10, 1998 Data Source Date: April 05, 2012
Location
Address: 114 North Main Street, Mullica Hill, NJ 8062 County: Gloucester Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Jamesburg 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: Camden, NJ (#15804)
Financial Summary
Total assets: $95.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
26Total employees (full-time equivalent)
$87,478Total assets
$3,743Cash and due from depository institutions
$553Interest-bearing balances
$30,984Securities
$2,875Federal funds sold & reverse repurchase agreements
$47,482Net loans & leases
$481Loan loss allowance
$0Trading account assets
$1,092Bank premises and fixed assets
$404Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$898All other assets
$87,478Total liabilities and capital
$77,925Total liabilities
$77,326Total deposits
$62,596Interest-bearing deposits
$77,326Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$599All other liabilities
$9,553Total equity capital
$9,553Total bank equity capital
$9,553Perpetual preferred stock
$0Common stock
$253Surplus
$1,650Undivided profits
Memoranda
$7,650Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$533Earning assets
$0Long-term assets (5+ years)
$207Average Assets, year-to-date
$81,894Average Assets, quarterly
$18,998Volatile liabilities
$87,215Insider loans
$87,350FHLB advances
$4,282Loans and leases held for sale
$1,698Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,291Total unused commitments
$0Restructured Loans and leases
$52,764Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$6,202Total interest income
$2,696Total interest expense
$3,506Net interest income
$150Provision for loan and lease losses
$279Total noninterest income
$0Fiduciary activities
$140Service charges on deposit accounts
$0Trading account gains & fees
$139Additional noninterest income
$2,124Total noninterest expense
$1,184Salaries and employee benefits
$207Premises and equipment expense
$733Additional noninterest expense
$1,511Pre-tax net operating income
$23Securities gains (losses)
$275Applicable income taxes
$1,259Income before extraordinary items
$0Extraordinary gains - net
$1,259Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$115Sale, conversion, retirement of capital stock, net
$2,064Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.55%Yield on earning assets
3.28%Cost of funding earning assets
4.27%Net interest margin
0.34%Noninterest income to earning assets
2.59%Noninterest expense to earning assets
1.42%Net operating income to assets
1.44%Return on assets (ROA)
1.76%Pretax return on assets
12.34%Return on equity (ROE)
-7.89%Retained earnings to average equity (YTD only)
0.25%Net charge-offs to loans
130.43%Credit loss provision to net charge-offs
14.44%Efficiency ratio
56,116Assets per employee
3.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
163.94%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
90.24%Noncurrent assets plus other real estate owned to assets
1.07%Noncurrent loans to loans
1.11%Net loans and leases to deposits
61.40%Net loans and leases to core deposits
65.00%Equity capital to assets
10.92%Core capital (leverage) ratio
10.53%Tier 1 risk-based capital ratio
17.75%Total risk-based capital ratio
Memoranda
$19Average assets
$87,215Average earning assets
$10,206Average equity
$82,132Average 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 Farmers National 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.
Comment about this bank, ask questions, or add new information about it: