FDIC Certificate #: 27706 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Northwest Savings Bank (#28178) Federal Reserve ID: 869579 Date Established: January 01, 1924 WWW:http://www.skibofin.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 146 FDIC's unique #: 40540 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: January 31, 1939 Last Structure Change Effective Date: November 12, 2004 Last Structure Change Process Date: January 10, 2005 Last Data Update: January 10, 2005 Data Source Date: April 05, 2012
Location
Address: 242 East Main Street, Carnegie, PA 15106 County: Allegheny 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)
Financial Summary
Total assets: $95.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
16Total employees (full-time equivalent)
$155,809Total assets
$1,485Cash and due from depository institutions
$953Interest-bearing balances
$110,556Securities
$0Federal funds sold & reverse repurchase agreements
$34,187Net loans & leases
$405Loan loss allowance
$0Trading account assets
$496Bank premises and fixed assets
$39Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$9,046All other assets
$155,809Total liabilities and capital
$132,671Total liabilities
$81,125Total deposits
$79,698Interest-bearing deposits
$81,125Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$48,000Other borrowed funds
$0Subordinated debt
$3,546All other liabilities
$23,138Total equity capital
$23,138Total bank equity capital
$23,138Perpetual preferred stock
$0Common stock
$230Surplus
$8,894Undivided profits
Memoranda
$14,014Noncurrent loans and leases
$1,231Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$454Earning assets
$0Long-term assets (5+ years)
$451Average Assets, year-to-date
$145,696Average Assets, quarterly
$0Volatile liabilities
$156,643Insider loans
$155,990FHLB advances
$61,293Loans and leases held for sale
$232Unused loan commitments
$48,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$781Total unused commitments
$39Restructured Loans and leases
$405Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$6,868Total interest income
$4,896Total interest expense
$1,972Net interest income
$0Provision for loan and lease losses
$862Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$862Additional noninterest income
$2,335Total noninterest expense
$1,892Salaries and employee benefits
$181Premises and equipment expense
$262Additional noninterest expense
$499Pre-tax net operating income
$0Securities gains (losses)
-$46Applicable income taxes
$545Income before extraordinary items
$0Extraordinary gains - net
$545Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,058Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.69%Yield on earning assets
3.34%Cost of funding earning assets
1.35%Net interest margin
0.59%Noninterest income to earning assets
1.59%Noninterest expense to earning assets
0.35%Net operating income to assets
0.35%Return on assets (ROA)
0.32%Pretax return on assets
2.35%Return on equity (ROE)
-2.21%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
82,392Assets per employee
9.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
194.13%Loss allowance to loans
1.17%Loss allowance to noncurrent loans
89.21%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
1.31%Net loans and leases to deposits
42.14%Net loans and leases to core deposits
50.40%Equity capital to assets
14.85%Core capital (leverage) ratio
14.85%Tier 1 risk-based capital ratio
63.16%Total risk-based capital ratio
Memoranda
$64Average assets
$156,643Average earning assets
$23,234Average equity
$146,506Average 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 First Carnegie Deposit.
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: