FDIC Certificate #: 28321 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:SunBank (#441) Federal Reserve ID: 258173 Date Established: January 01, 1900 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1368 FDIC's unique #: 41155 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: August 09, 1949 Last Structure Change Effective Date: April 25, 2003 Last Structure Change Process Date: May 20, 2003 Last Data Update: May 20, 2003 Data Source Date: April 05, 2012
Location
Address: 51 South Front Street, Steelton, PA 17113 County: Dauphin Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Harrisburg Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Harrisburg-Lebanon-Carlisle, PA (#3240) Combined Statistical Area (CSA): Harrisburg-Carlisle-Lebanon, PA (#276) Core Based Statistical Area (CBSA): Harrisburg-Carlisle, PA (#25420) CBSA Metro Statistical Area: Harrisburg-Carlisle, PA (#25420)
Financial Summary
Total assets: $58.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$57,409Total assets
$4,747Cash and due from depository institutions
$4,462Interest-bearing balances
$18,999Securities
$0Federal funds sold & reverse repurchase agreements
$29,030Net loans & leases
$256Loan loss allowance
$0Trading account assets
$1,560Bank premises and fixed assets
$29Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,044All other assets
$57,409Total liabilities and capital
$52,247Total liabilities
$33,779Total deposits
$30,331Interest-bearing deposits
$33,779Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$17,917Other borrowed funds
$0Subordinated debt
$551All other liabilities
$5,162Total equity capital
$5,162Total bank equity capital
$5,162Perpetual preferred stock
$0Common stock
$10Surplus
$1,727Undivided profits
Memoranda
$3,425Noncurrent loans and leases
$1,002Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$574Earning assets
$0Long-term assets (5+ years)
$186Average Assets, year-to-date
$52,491Average Assets, quarterly
$0Volatile liabilities
$56,823Insider loans
$57,076FHLB advances
$21,418Loans and leases held for sale
$299Unused loan commitments
$17,917Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$684Total unused commitments
$0Restructured Loans and leases
$256Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$3,347Total interest income
$2,051Total interest expense
$1,296Net interest income
$143Provision for loan and lease losses
$268Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$268Additional noninterest income
$1,565Total noninterest expense
$812Salaries and employee benefits
$287Premises and equipment expense
$466Additional noninterest expense
-$144Pre-tax net operating income
$176Securities gains (losses)
-$35Applicable income taxes
$67Income before extraordinary items
$0Extraordinary gains - net
$67Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$34Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.45%Yield on earning assets
3.95%Cost of funding earning assets
2.50%Net interest margin
0.52%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
-0.19%Net operating income to assets
0.12%Return on assets (ROA)
0.06%Pretax return on assets
1.30%Return on equity (ROE)
1.30%Retained earnings to average equity (YTD only)
0.10%Net charge-offs to loans
420.59%Credit loss provision to net charge-offs
-0.03%Efficiency ratio
100,064Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.87%Loss allowance to noncurrent loans
44.60%Noncurrent assets plus other real estate owned to assets
1.05%Noncurrent loans to loans
1.96%Net loans and leases to deposits
85.94%Net loans and leases to core deposits
95.88%Equity capital to assets
8.99%Core capital (leverage) ratio
8.88%Tier 1 risk-based capital ratio
20.18%Total risk-based capital ratio
Memoranda
$21Average assets
$56,823Average earning assets
$5,140Average equity
$51,892Average loans
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