FDIC Certificate #: 27928 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Allegheny Valley Bank of Pittsburgh (#6058) Federal Reserve ID: 654672 Date Established: January 01, 1891 WWW:http://www.mttroybank.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 560 FDIC's unique #: 40762 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: November 17, 1958 Last Structure Change Effective Date: September 08, 2006 Last Structure Change Process Date: October 02, 2006 Last Data Update: October 02, 2006 Data Source Date: April 05, 2012
Location
Address: 2000 Mt Troy Road, Pittsburgh, PA 15212 County: Allegheny 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): Pittsburgh, PA (#6280) Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430) Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300) CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
Financial Summary
Total assets: $73.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
11Total employees (full-time equivalent)
$74,929Total assets
$2,967Cash and due from depository institutions
$2,731Interest-bearing balances
$24,651Securities
$0Federal funds sold & reverse repurchase agreements
$45,542Net loans & leases
$112Loan loss allowance
$0Trading account assets
$320Bank premises and fixed assets
$138Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,311All other assets
$74,929Total liabilities and capital
$68,124Total liabilities
$55,922Total deposits
$55,076Interest-bearing deposits
$55,922Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$11,115Other borrowed funds
$0Subordinated debt
$1,087All other liabilities
$6,805Total equity capital
$6,805Total bank equity capital
$6,805Perpetual preferred stock
$0Common stock
$10Surplus
$3,590Undivided profits
Memoranda
$3,205Noncurrent loans and leases
$7,660Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$88Earning assets
$0Long-term assets (5+ years)
$381Average Assets, year-to-date
$72,924Average Assets, quarterly
$0Volatile liabilities
$73,557Insider loans
$75,070FHLB advances
$25,984Loans and leases held for sale
$309Unused loan commitments
$10,761Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,660Total unused commitments
$0Restructured Loans and leases
$112Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$3,722Total interest income
$1,704Total interest expense
$2,018Net interest income
$48Provision for loan and lease losses
$160Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$160Additional noninterest income
$1,554Total noninterest expense
$768Salaries and employee benefits
$371Premises and equipment expense
$415Additional noninterest expense
$576Pre-tax net operating income
$87Securities gains (losses)
$206Applicable income taxes
$457Income before extraordinary items
$0Extraordinary gains - net
$457Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$11Sale, conversion, retirement of capital stock, net
$250Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.22%Yield on earning assets
2.39%Cost of funding earning assets
2.83%Net interest margin
0.22%Noninterest income to earning assets
2.18%Noninterest expense to earning assets
0.54%Net operating income to assets
0.62%Return on assets (ROA)
0.90%Pretax return on assets
6.72%Return on equity (ROE)
3.04%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
436.36%Credit loss provision to net charge-offs
56.73%Efficiency ratio
71,350Assets per employee
6.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
54.70%Loss allowance to loans
0.25%Loss allowance to noncurrent loans
127.27%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.19%Net loans and leases to deposits
81.44%Net loans and leases to core deposits
110.93%Equity capital to assets
9.08%Core capital (leverage) ratio
9.46%Tier 1 risk-based capital ratio
19.67%Total risk-based capital ratio
Memoranda
$20Average assets
$73,557Average earning assets
$6,804Average equity
$71,246Average loans
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