FDIC Certificate #: 28637 Status: Active Federal Reserve ID: 123075 Date Established: January 01, 1920 WWW:http://www.miltonsavingsbank.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 2007 FDIC's unique #: 41471 Numeric code: 34 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: March 28, 1972 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 80 Broadway, Milton, PA 17847 County: Northumberland 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 Combined Statistical Area (CSA): Sunbury-Lewisburg-Selinsgrove, PA (#526) Core Based Statistical Area (CBSA): Sunbury, PA (#44980) CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $68.1 mil Equity capital: $11.6 mil Deposits held in domestic offices: $56.5 mil Return on assets (ROA): 1.07% ($0.7 mil) Quarterly return on assets: 0.72% ($0.5 mil) Return on Equity (ROE): 6.46% ($0.8 mil) Quarterly return on equity: 4.28% ($0.5 mil) Net income: $0.7 mil Quarterly Net income: $0.1 mil Pretax return on assets: 1.73% ($1,178.8 mil) Quarterly Pretax return on assets: 1.14% ($776.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
9Total employees (full-time equivalent)
$68,139Total assets
$6,866Cash and due from depository institutions
$6,433Interest-bearing balances
$6,587Securities
$1,015Federal funds sold & reverse repurchase agreements
$52,815Net loans & leases
$513Loan loss allowance
$0Trading account assets
$277Bank premises and fixed assets
$22Other real estate owned
$0Goodwill and other intangibles
$68,139Life insurance assets
$557All other assets
$56,565Total liabilities and capital
$56,469Total liabilities
$55,361Total deposits
$56,469Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$96Subordinated debt
$11,574All other liabilities
$11,574Total equity capital
$11,574Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$11,574Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$382Income earned, not collected on loans
$0Earning assets
$174Long-term assets (5+ years)
$66,850Average Assets, year-to-date
$0Average Assets, quarterly
$67,558Volatile liabilities
$67,996Insider loans
$31,616FHLB advances
$68,079Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,514Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,631Restructured Loans and leases
$1,688Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,308Total interest income
$811Total interest expense
$2,497Net interest income
$43Provision for loan and lease losses
$49Total noninterest income
$0Fiduciary activities
$6Service charges on deposit accounts
$0Trading account gains & fees
$43Additional noninterest income
$1,332Total noninterest expense
$681Salaries and employee benefits
$331Premises and equipment expense
$320Additional noninterest expense
$1,171Pre-tax net operating income
$0Securities gains (losses)
$448Applicable income taxes
$723Income before extraordinary items
$0Extraordinary gains - net
$723Net income attributable to bank
$0Net charge-offs
$723Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.99%Yield on earning assets
1.22%Cost of funding earning assets
3.77%Net interest margin
0.07%Noninterest income to earning assets
2.01%Noninterest expense to earning assets
1.07%Net operating income to assets
1.07%Return on assets (ROA)
1.73%Pretax return on assets
6.46%Return on equity (ROE)
6.46%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,317Assets per employee
7.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.96%Loss allowance to noncurrent loans
134.29%Noncurrent assets plus other real estate owned to assets
0.59%Noncurrent loans to loans
0.72%Net loans and leases to deposits
93.53%Net loans and leases to core deposits
94.38%Equity capital to assets
16.99%Core capital (leverage) ratio
16.91%Tier 1 risk-based capital ratio
36.42%Total risk-based capital ratio
Memoranda
$38Average assets
$67,558Average earning assets
$11,185Average equity
$66,268Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41471
Milton Savings Bank
80 Broadway, Milton, PA 17847
January 01, 1920
Full Service Brick and Mortar
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