FDIC Certificate #: 34928 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Conestoga Bank (#27013) Federal Reserve ID: 690988 Date Established: January 01, 1975 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 14953 FDIC's unique #: 62047 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: July 01, 1998 Last Structure Change Effective Date: July 04, 2001 Last Structure Change Process Date: November 19, 2001 Last Data Update: November 19, 2001 Data Source Date: April 05, 2012
Location
Address: 213 West Street Road, Feasterville, PA 19053 County: Bucks 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: $214.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
70Total employees (full-time equivalent)
$212,399Total assets
$5,229Cash and due from depository institutions
$217Interest-bearing balances
$4,762Securities
$55,630Federal funds sold & reverse repurchase agreements
$129,963Net loans & leases
$1,614Loan loss allowance
$0Trading account assets
$2,785Bank premises and fixed assets
$0Other real estate owned
$14Goodwill and other intangibles
$0Life insurance assets
$14,016All other assets
$212,399Total liabilities and capital
$190,943Total liabilities
$171,221Total deposits
$171,221Interest-bearing deposits
$171,221Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$18,928Other borrowed funds
$0Subordinated debt
$794All other liabilities
$21,456Total equity capital
$21,456Total bank equity capital
$21,456Perpetual preferred stock
$0Common stock
$10Surplus
$7,311Undivided profits
Memoranda
$14,135Noncurrent loans and leases
$26,155Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$58Earning assets
$0Long-term assets (5+ years)
$551Average Assets, year-to-date
$190,572Average Assets, quarterly
$0Volatile liabilities
$208,143Insider loans
$212,433FHLB advances
$65,269Loans and leases held for sale
$1,266Unused loan commitments
$18,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$26,155Total unused commitments
$0Restructured Loans and leases
$1,614Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$13,924Total interest income
$7,204Total interest expense
$6,720Net interest income
$585Provision for loan and lease losses
$1,908Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,908Additional noninterest income
$7,150Total noninterest expense
$3,708Salaries and employee benefits
$2,089Premises and equipment expense
$1,353Additional noninterest expense
$893Pre-tax net operating income
-$992Securities gains (losses)
-$112Applicable income taxes
$13Income before extraordinary items
$0Extraordinary gains - net
$13Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$255Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.60%Yield on earning assets
3.93%Cost of funding earning assets
3.67%Net interest margin
1.04%Noninterest income to earning assets
3.90%Noninterest expense to earning assets
0.31%Net operating income to assets
0.01%Return on assets (ROA)
-0.05%Pretax return on assets
0.06%Return on equity (ROE)
0.06%Retained earnings to average equity (YTD only)
0.21%Net charge-offs to loans
229.41%Credit loss provision to net charge-offs
5.80%Efficiency ratio
82,870Assets per employee
3.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
2782.76%Noncurrent assets plus other real estate owned to assets
0.03%Noncurrent loans to loans
0.04%Net loans and leases to deposits
75.90%Net loans and leases to core deposits
104.07%Equity capital to assets
10.10%Core capital (leverage) ratio
10.14%Tier 1 risk-based capital ratio
16.00%Total risk-based capital ratio
Memoranda
$17Average assets
$208,143Average earning assets
$20,325Average equity
$183,310Average loans
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