Glendale Bank of Pennsylvania in Philadelphia, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 19, 1995

  • Glendale Bank of Pennsylvania in Philadelphia, Pennsylvania (PA)
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Glendale Bank of Pennsylvania - Overview

  • General
  • FDIC Certificate #: 27137
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: BNY Mellon, National Association (#7946)
    Federal Reserve ID: 1161962
    Date Established: December 18, 1987
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 38850
    Numeric code: 13
    Regulator: FED
    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: December 18, 1987
    Last Structure Change Effective Date: May 19, 1995
    Last Structure Change Process Date: May 24, 1995
    Last Data Update: May 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 230 South Broad Street, Philadelphia, PA 19102
    County: Philadelphia
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    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: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $43.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $46,377Cash and due from depository institutions
  • $2,077Interest-bearing balances
  • $0Securities
  • $2,731Federal funds sold & reverse repurchase agreements
  • $8,550Net loans & leases
  • $24,623Loan loss allowance
  • $1,704Trading account assets
  • $0Bank premises and fixed assets
  • $476Other real estate owned
  • $660Goodwill and other intangibles
  • $3,507Life insurance assets
  • $3,753All other assets
  • $0Total liabilities and capital
  • $46,377Total liabilities
  • $37,232Total deposits
  • $35,944Interest-bearing deposits
  • $25,738Deposits held in domestic offices
  • 35944.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,288Total equity capital
  • $1,288Total bank equity capital
  • $9,145Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $8,196Undivided profits
  • Memoranda
  • $449Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,078Income earned, not collected on loans
  • $205Earning assets
  • $35,904Long-term assets (5+ years)
  • $3,867Average Assets, year-to-date
  • $45,215Average Assets, quarterly
  • $46,800Volatile liabilities
  • $1,388Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,321Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,400Total risk weighted assets
  • $26,871Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $783Total interest expense
  • $228Net interest income
  • $555Provision for loan and lease losses
  • $2,546Total noninterest income
  • $94Fiduciary activities
  • $0Service charges on deposit accounts
  • $83Trading account gains & fees
  • $0Additional noninterest income
  • $11Total noninterest expense
  • $470Salaries and employee benefits
  • $181Premises and equipment expense
  • $116Additional noninterest expense
  • $173Pre-tax net operating income
  • -$2,367Securities gains (losses)
  • $0Applicable income taxes
  • -$892Income before extraordinary items
  • -$1,475Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,475Net charge-offs
  • $1,602Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 2.10%Cost of funding earning assets
  • 0.61%Net interest margin
  • 1.49%Noninterest income to earning assets
  • 0.25%Noninterest expense to earning assets
  • 1.26%Net operating income to assets
  • -3.26%Return on assets (ROA)
  • -3.26%Pretax return on assets
  • -5.23%Return on equity (ROE)
  • -28.67%Retained earnings to average equity (YTD only)
  • -28.67%Net charge-offs to loans
  • 6.06%Credit loss provision to net charge-offs
  • 158.93%Efficiency ratio
  • 63,945Assets per employee
  • 2.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.47%Loss allowance to noncurrent loans
  • 82.00%Noncurrent assets plus other real estate owned to assets
  • 5.90%Noncurrent loans to loans
  • 7.89%Net loans and leases to deposits
  • 68.50%Net loans and leases to core deposits
  • 71.26%Equity capital to assets
  • 19.72%Core capital (leverage) ratio
  • 12.69%Tier 1 risk-based capital ratio
  • 20.10%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $45,215Average earning assets
  • $5,144Average equity
  • $37,231Average loans

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