National Bank of the Commonwealth in city_name, state_name - Detailed Financial Reports, Location

National Bank of the Commonwealth in Indiana, Pennsylvania (PA)
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National Bank of the Commonwealth - Overview

General
FDIC Certificate #: 14221
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Commonwealth Bank (#7468)
Federal Reserve ID: 42420
Date Established: April 07, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 19 (Interstate: No)
OTS Docket #: 10219
FDIC's unique #: 8878
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: April 07, 1934
Last Structure Change Effective Date: November 13, 1995
Last Structure Change Process Date: Febuary 06, 1996
Last Data Update: April 11, 1998
Data Source Date: April 05, 2012
Location
Address: 600 Philadelphia Street, Indiana, PA 15701
County: Indiana
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
Core Based Statistical Area (CBSA): Indiana, PA (#26860)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $506.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$187Total assets
$506,183Cash and due from depository institutions
$15,289Interest-bearing balances
$0Securities
$202,479Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$277,045Loan loss allowance
$2,858Trading account assets
$0Bank premises and fixed assets
$3,330Other real estate owned
$380Goodwill and other intangibles
$7,660Life insurance assets
$0All other assets
$0Total liabilities and capital
$506,183Total liabilities
$471,797Total deposits
$409,295Interest-bearing deposits
$354,935Deposits held in domestic offices
409295.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$43,899Trading liabilities
$0Other borrowed funds
$14,696Subordinated debt
$766All other liabilities
$3,141Total equity capital
$3,141Total bank equity capital
$34,386Perpetual preferred stock
$0Common stock
$4,000Surplus
$4,000Undivided profits
Memoranda
$26,386Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,280Income earned, not collected on loans
$1,781Earning assets
$479,524Long-term assets (5+ years)
$210,869Average Assets, year-to-date
$502,203Average Assets, quarterly
$508,546Volatile liabilities
$95,409Insider loans
$9,496FHLB advances
$0Loans and leases held for sale
$4,635Unused loan commitments
$88,733Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$39,300Total risk weighted assets
$317,939Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$33,869Total interest expense
$15,624Net interest income
$18,245Provision for loan and lease losses
$799Total noninterest income
$3,042Fiduciary activities
$0Service charges on deposit accounts
$1,238Trading account gains & fees
$0Additional noninterest income
$1,804Total noninterest expense
$10,917Salaries and employee benefits
$4,444Premises and equipment expense
$1,379Additional noninterest expense
$5,094Pre-tax net operating income
$9,571Securities gains (losses)
$106Applicable income taxes
$2,927Income before extraordinary items
$6,750Extraordinary gains - net
$0Net income attributable to bank
$6,750Net charge-offs
$556Cash dividends
$4,050Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.12%Cost of funding earning assets
3.28%Net interest margin
3.83%Noninterest income to earning assets
0.64%Noninterest expense to earning assets
2.29%Net operating income to assets
1.33%Return on assets (ROA)
1.34%Pretax return on assets
1.93%Return on equity (ROE)
19.09%Retained earnings to average equity (YTD only)
7.64%Net charge-offs to loans
0.21%Credit loss provision to net charge-offs
143.71%Efficiency ratio
51,285Assets per employee
2.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.00%Loss allowance to loans
1.02%Loss allowance to noncurrent loans
66.78%Noncurrent assets plus other real estate owned to assets
0.92%Noncurrent loans to loans
1.53%Net loans and leases to deposits
67.69%Net loans and leases to core deposits
74.88%Equity capital to assets
6.79%Core capital (leverage) ratio
7.78%Tier 1 risk-based capital ratio
12.36%Total risk-based capital ratio
Memoranda
$13Average assets
$502,203Average earning assets
$35,354Average equity
$475,832Average loans

National Bank of the Commonwealth in Indiana, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

National Bank of the Commonwealth - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

National Bank of the Commonwealth in Indiana, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

National Bank of the Commonwealth - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

National Bank of the Commonwealth in Indiana, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches