Grange National Bank in Laceyville, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 21, 2003

  • Grange National Bank in Laceyville, Pennsylvania (PA)
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Grange National Bank - Overview

  • General
  • FDIC Certificate #: 7548
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank, National Association (#6989)
    Federal Reserve ID: 657815
    Date Established: November 27, 1907
    WWW: http://www.grangebank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 12 (Interstate: No)
    OTS Docket #: 9406
    FDIC's unique #: 4898
    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: November 21, 2003
    Last Structure Change Process Date: December 09, 2003
    Last Data Update: December 09, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: Main Street, Laceyville, PA 18623
    County: Wyoming
    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): Scranton--Wilkes-Barre--Hazleton, PA (#7560)
    Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540)
    CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
  • Financial Summary
  • Total assets: $278.4 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, 2002)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $270,500Total assets
  • $12,896Cash and due from depository institutions
  • $8,942Interest-bearing balances
  • $96,921Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $150,100Net loans & leases
  • $1,445Loan loss allowance
  • $0Trading account assets
  • $2,873Bank premises and fixed assets
  • $81Other real estate owned
  • $60Goodwill and other intangibles
  • $0Life insurance assets
  • $7,569All other assets
  • $270,500Total liabilities and capital
  • $245,857Total liabilities
  • $208,912Total deposits
  • $176,982Interest-bearing deposits
  • $208,912Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $2,760Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $32,064Other borrowed funds
  • $0Subordinated debt
  • $2,121All other liabilities
  • $24,643Total equity capital
  • $24,643Total bank equity capital
  • $24,643Perpetual preferred stock
  • $0Common stock
  • $8,537Surplus
  • $2,562Undivided profits
  • Memoranda
  • $13,544Noncurrent loans and leases
  • $7,463Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $608Earning assets
  • $0Long-term assets (5+ years)
  • $1,674Average Assets, year-to-date
  • $255,963Average Assets, quarterly
  • $140,969Volatile liabilities
  • $243,999Insider loans
  • $263,239FHLB advances
  • $35,170Loans and leases held for sale
  • $3,284Unused loan commitments
  • $30,220Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,463Total unused commitments
  • $63Restructured Loans and leases
  • $1,445Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $15,443Total interest income
  • $6,306Total interest expense
  • $9,137Net interest income
  • $315Provision for loan and lease losses
  • $1,634Total noninterest income
  • $58Fiduciary activities
  • $1,079Service charges on deposit accounts
  • $0Trading account gains & fees
  • $497Additional noninterest income
  • $5,670Total noninterest expense
  • $2,902Salaries and employee benefits
  • $1,045Premises and equipment expense
  • $1,723Additional noninterest expense
  • $4,786Pre-tax net operating income
  • -$14Securities gains (losses)
  • $1,033Applicable income taxes
  • $3,739Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,739Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $98Sale, conversion, retirement of capital stock, net
  • $2,166Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.69%Yield on earning assets
  • 2.73%Cost of funding earning assets
  • 3.96%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 2.46%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.53%Return on assets (ROA)
  • 1.96%Pretax return on assets
  • 16.78%Return on equity (ROE)
  • 7.06%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 321.43%Credit loss provision to net charge-offs
  • 52.05%Efficiency ratio
  • 52,400Assets per employee
  • 2.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.93%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 237.66%Noncurrent assets plus other real estate owned to assets
  • 0.25%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 71.85%Net loans and leases to core deposits
  • 84.16%Equity capital to assets
  • 9.11%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 15.35%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $243,999Average earning assets
  • $22,289Average equity
  • $230,858Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,732Managed Assets
  • 1Number of Accounts
  • $842Personal trust and agency accounts
  • $742Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $100Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 12Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $890Other retirement accounts
  • $890Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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