First South Savings Association in city_name, state_name - Detailed Financial Reports, Location

First South Savings Association in Pittsburgh, Pennsylvania (PA)
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First South Savings Association - Overview

General
FDIC Certificate #: 30224
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Fayette Bank (#16576)
Federal Reserve ID: 235473
Date Established: June 29, 1943
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 4996
FDIC's unique #: 43058
Numeric code: 35
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: June 29, 1943
Last Structure Change Effective Date: December 11, 1993
Last Structure Change Process Date: December 30, 1993
Last Data Update: December 30, 1993
Data Source Date: April 05, 2012
Location
Address: 1712 East Carson Street, Pittsburgh, PA 15203
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: $151.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$63Total assets
$162,091Cash and due from depository institutions
$49,853Interest-bearing balances
$47,085Securities
$27,284Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$79,709Loan loss allowance
$736Trading account assets
$0Bank premises and fixed assets
$2,022Other real estate owned
$56Goodwill and other intangibles
$3,167Life insurance assets
$0All other assets
$0Total liabilities and capital
$162,091Total liabilities
$151,746Total deposits
$148,536Interest-bearing deposits
$141,673Deposits held in domestic offices
148536.00%% insured (estimated)
$98Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$151Subordinated debt
$0All other liabilities
$3,059Total equity capital
$3,059Total bank equity capital
$10,345Perpetual preferred stock
$0Common stock
$5Surplus
$1,512Undivided profits
Memoranda
$8,828Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$937Income earned, not collected on loans
$549Earning assets
$154,078Long-term assets (5+ years)
$0Average Assets, year-to-date
$167,273Average Assets, quarterly
$162,662Volatile liabilities
$6,472Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,106Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,345Total risk weighted assets
$82,687Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$12,386Total interest expense
$7,177Net interest income
$5,209Provision for loan and lease losses
$0Total noninterest income
$1,113Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,113Total noninterest expense
$4,652Salaries and employee benefits
$2,095Premises and equipment expense
$932Additional noninterest expense
$1,625Pre-tax net operating income
$1,670Securities gains (losses)
$309Applicable income taxes
$770Income before extraordinary items
$1,209Extraordinary gains - net
$643Net income attributable to bank
$1,852Net charge-offs
$103Cash dividends
$3,000Sale, conversion, retirement of capital stock, net
$44Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.75%Cost of funding earning assets
4.49%Net interest margin
3.26%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
2.91%Net operating income to assets
0.60%Return on assets (ROA)
1.11%Pretax return on assets
1.57%Return on equity (ROE)
15.98%Retained earnings to average equity (YTD only)
-9.90%Net charge-offs to loans
0.12%Credit loss provision to net charge-offs
0.00%Efficiency ratio
73,584Assets per employee
2.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
161.99%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
78.55%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
1.16%Net loans and leases to deposits
53.66%Net loans and leases to core deposits
56.05%Equity capital to assets
6.38%Core capital (leverage) ratio
6.38%Tier 1 risk-based capital ratio
12.51%Total risk-based capital ratio
Memoranda
$13Average assets
$167,273Average earning assets
$11,591Average equity
$159,859Average loans

First South Savings Association in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First South Savings Association - 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:

First South Savings Association in Pittsburgh, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

First South Savings Association - 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:

First South Savings Association in Pittsburgh, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches