Mid-State Bank and Trust Company in Altoona, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1998

  • Mid-State Bank and Trust Company in Altoona, Pennsylvania (PA)
  • Show street view No street view available for this location

Mid-State Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 9896
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Keystone Financial Bank, National Association (#7712)
    Federal Reserve ID: 278117
    Date Established: October 28, 1901
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 31 (Interstate: No)
    OTS Docket #: 9369
    FDIC's unique #: 6331
    Numeric code: 21
    Regulator: FDIC
    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: January 01, 1934
    Last Structure Change Effective Date: December 31, 1998
    Last Structure Change Process Date: Febuary 05, 1999
    Last Data Update: Febuary 05, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1130 12th Avenue, Altoona, PA 16603
    County: Blair
    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
    Metropolitan Statistical Area (MSA): Altoona, PA (#280)
    Core Based Statistical Area (CBSA): Altoona, PA (#11020)
    CBSA Metro Statistical Area: Altoona, PA (#11020)
  • Financial Summary
  • Total assets: $1,290.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 390Total employees (full-time equivalent)
  • $1,251,642Total assets
  • $53,010Cash and due from depository institutions
  • $8,147Interest-bearing balances
  • $223,070Securities
  • $8,575Federal funds sold & reverse repurchase agreements
  • $925,002Net loans & leases
  • $11,053Loan loss allowance
  • $0Trading account assets
  • $16,894Bank premises and fixed assets
  • $923Other real estate owned
  • $256Goodwill and other intangibles
  • $0Life insurance assets
  • $23,912All other assets
  • $1,251,642Total liabilities and capital
  • $1,140,493Total liabilities
  • $982,754Total deposits
  • $846,080Interest-bearing deposits
  • $982,754Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $48,255Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $74,840Other borrowed funds
  • $0Subordinated debt
  • $34,644All other liabilities
  • $111,149Total equity capital
  • $111,149Total bank equity capital
  • $111,149Perpetual preferred stock
  • $0Common stock
  • $3,031Surplus
  • $29,438Undivided profits
  • Memoranda
  • $78,680Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $12,073Earning assets
  • $0Long-term assets (5+ years)
  • $5,274Average Assets, year-to-date
  • $1,164,794Average Assets, quarterly
  • $237,744Volatile liabilities
  • $1,246,589Insider loans
  • $1,252,572FHLB advances
  • $189,157Loans and leases held for sale
  • $99,384Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $225,596Total unused commitments
  • $0Restructured Loans and leases
  • $1,034,628Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $96,660Total interest income
  • $43,970Total interest expense
  • $52,690Net interest income
  • $4,386Provision for loan and lease losses
  • $22,031Total noninterest income
  • $5,056Fiduciary activities
  • $4,296Service charges on deposit accounts
  • $0Trading account gains & fees
  • $12,679Additional noninterest income
  • $43,947Total noninterest expense
  • $12,063Salaries and employee benefits
  • $5,049Premises and equipment expense
  • $26,835Additional noninterest expense
  • $26,388Pre-tax net operating income
  • -$31Securities gains (losses)
  • $8,377Applicable income taxes
  • $17,980Income before extraordinary items
  • $0Extraordinary gains - net
  • $17,980Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,521Sale, conversion, retirement of capital stock, net
  • $20,376Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.33%Yield on earning assets
  • 3.79%Cost of funding earning assets
  • 4.54%Net interest margin
  • 1.90%Noninterest income to earning assets
  • 3.79%Noninterest expense to earning assets
  • 1.44%Net operating income to assets
  • 1.44%Return on assets (ROA)
  • 2.11%Pretax return on assets
  • 16.62%Return on equity (ROE)
  • -2.21%Retained earnings to average equity (YTD only)
  • 0.38%Net charge-offs to loans
  • 124.57%Credit loss provision to net charge-offs
  • 8.74%Efficiency ratio
  • 58,709Assets per employee
  • 3.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 113.33%Loss allowance to loans
  • 1.18%Loss allowance to noncurrent loans
  • 91.55%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 94.12%Net loans and leases to core deposits
  • 106.22%Equity capital to assets
  • 8.88%Core capital (leverage) ratio
  • 8.82%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,246,589Average earning assets
  • $108,177Average equity
  • $1,161,043Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Mid-State Bank and Trust Company.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents