FDIC Certificate #: 14577 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mid Penn Bank (#9889) Federal Reserve ID: 962715 Date Established: January 01, 1934 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) OTS Docket #: 10247 FDIC's unique #: 9110 Numeric code: 13 Regulator: FED 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: July 14, 1934 Last Structure Change Effective Date: July 10, 1998 Last Structure Change Process Date: July 28, 1998 Last Data Update: July 28, 1998 Data Source Date: April 05, 2012
Location
Address: 550 Main Street, Lykens, PA 17048 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: $27.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
13Total employees (full-time equivalent)
$27,953Total assets
$1,866Cash and due from depository institutions
$764Interest-bearing balances
$14,098Securities
$600Federal funds sold & reverse repurchase agreements
$10,785Net loans & leases
$105Loan loss allowance
$0Trading account assets
$267Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$337All other assets
$27,953Total liabilities and capital
$25,106Total liabilities
$24,955Total deposits
$23,041Interest-bearing deposits
$24,955Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$151All other liabilities
$2,847Total equity capital
$2,847Total bank equity capital
$2,847Perpetual preferred stock
$0Common stock
$74Surplus
$275Undivided profits
Memoranda
$2,498Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$26Earning assets
$1Long-term assets (5+ years)
$59Average Assets, year-to-date
$26,247Average Assets, quarterly
$10,397Volatile liabilities
$28,243Insider loans
$28,049FHLB advances
$1,214Loans and leases held for sale
$321Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$115Total unused commitments
$0Restructured Loans and leases
$9,508Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$1,996Total interest income
$911Total interest expense
$1,085Net interest income
$9Provision for loan and lease losses
$42Total noninterest income
$0Fiduciary activities
$22Service charges on deposit accounts
$0Trading account gains & fees
$20Additional noninterest income
$907Total noninterest expense
$551Salaries and employee benefits
$113Premises and equipment expense
$243Additional noninterest expense
$211Pre-tax net operating income
-$1Securities gains (losses)
$47Applicable income taxes
$163Income before extraordinary items
$0Extraordinary gains - net
$163Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$9Sale, conversion, retirement of capital stock, net
$75Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.77%Yield on earning assets
3.54%Cost of funding earning assets
4.22%Net interest margin
0.16%Noninterest income to earning assets
3.53%Noninterest expense to earning assets
0.58%Net operating income to assets
0.58%Return on assets (ROA)
0.74%Pretax return on assets
5.74%Return on equity (ROE)
3.10%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
24.44%Efficiency ratio
80,479Assets per employee
2.15%Cash dividends to net income (YTD only)
Condition Ratios (%)
46.01%Loss allowance to loans
0.96%Loss allowance to noncurrent loans
403.85%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.24%Net loans and leases to deposits
43.22%Net loans and leases to core deposits
45.43%Equity capital to assets
10.18%Core capital (leverage) ratio
10.21%Tier 1 risk-based capital ratio
29.94%Total risk-based capital ratio
Memoranda
$31Average assets
$28,243Average earning assets
$2,841Average equity
$25,700Average loans
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