Marine Bank in Warren, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 23, 1993

  • Marine Bank in Warren, Pennsylvania (PA)
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Marine Bank - Overview

  • General
  • FDIC Certificate #: 7877
    Status: Inactive
    Closing history: Consolidated - Without Assistance
    Acquiring institution: PNC Bank, National Association (#7944)
    Federal Reserve ID: 406125
    Date Established: December 31, 1864
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 63 (Interstate: No)
    FDIC's unique #: 5054
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 23, 1993
    Last Structure Change Process Date: August 17, 1993
    Last Data Update: August 17, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 304 Second Avenue, Warren, PA 16365
    County: Warren
    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
    Core Based Statistical Area (CBSA): Warren, PA (#47620)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $2,756.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $942Total assets
  • $2,848,726Cash and due from depository institutions
  • $96,437Interest-bearing balances
  • $49Securities
  • $1,396,537Federal funds sold & reverse repurchase agreements
  • $6,000Net loans & leases
  • $1,287,973Loan loss allowance
  • $28,046Trading account assets
  • $0Bank premises and fixed assets
  • $23,065Other real estate owned
  • $3,640Goodwill and other intangibles
  • $30,066Life insurance assets
  • $5,008All other assets
  • $0Total liabilities and capital
  • $2,848,726Total liabilities
  • $2,640,405Total deposits
  • $1,610,401Interest-bearing deposits
  • $1,360,996Deposits held in domestic offices
  • 1610401.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $292,517Trading liabilities
  • $0Other borrowed funds
  • $703,177Subordinated debt
  • $5,000All other liabilities
  • $29,310Total equity capital
  • $29,310Total bank equity capital
  • $208,321Perpetual preferred stock
  • $0Common stock
  • $5,401Surplus
  • $137,013Undivided profits
  • Memoranda
  • $65,907Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $22,512Income earned, not collected on loans
  • $8,257Earning assets
  • $2,690,559Long-term assets (5+ years)
  • $1,099,038Average Assets, year-to-date
  • $2,390,408Average Assets, quarterly
  • $2,892,263Volatile liabilities
  • $1,082,285Insider loans
  • $344FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $351,781Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $203,313Total risk weighted assets
  • $1,456,293Total unused commitments
  • $0Restructured Loans and leases
  • $300,000Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $181,053Total interest expense
  • $89,853Net interest income
  • $91,200Provision for loan and lease losses
  • $8,250Total noninterest income
  • $32,197Fiduciary activities
  • $9,259Service charges on deposit accounts
  • $5,780Trading account gains & fees
  • -$257Additional noninterest income
  • $17,415Total noninterest expense
  • $65,003Salaries and employee benefits
  • $28,184Premises and equipment expense
  • $8,470Additional noninterest expense
  • $28,349Pre-tax net operating income
  • $50,144Securities gains (losses)
  • $16,689Applicable income taxes
  • $22,736Income before extraordinary items
  • $44,097Extraordinary gains - net
  • $0Net income attributable to bank
  • $44,097Net charge-offs
  • $8,251Cash dividends
  • $18,900Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.01%Cost of funding earning assets
  • 3.98%Net interest margin
  • 4.04%Noninterest income to earning assets
  • 1.43%Noninterest expense to earning assets
  • 2.88%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 1.84%Pretax return on assets
  • 2.80%Return on equity (ROE)
  • 26.36%Retained earnings to average equity (YTD only)
  • 15.06%Net charge-offs to loans
  • 0.76%Credit loss provision to net charge-offs
  • 99.99%Efficiency ratio
  • 51,666Assets per employee
  • 3.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.86%Loss allowance to loans
  • 2.13%Loss allowance to noncurrent loans
  • 124.58%Noncurrent assets plus other real estate owned to assets
  • 0.92%Noncurrent loans to loans
  • 1.71%Net loans and leases to deposits
  • 79.98%Net loans and leases to core deposits
  • 84.58%Equity capital to assets
  • 7.31%Core capital (leverage) ratio
  • 7.10%Tier 1 risk-based capital ratio
  • 13.96%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $2,390,408Average earning assets
  • $167,306Average equity
  • $2,259,113Average loans

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