Northern Central Bank in city_name, state_name - Detailed Financial Reports, Location

Northern Central Bank in Williamsport, Pennsylvania (PA)
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Northern Central Bank - Overview

General
FDIC Certificate #: 13754
Status: Inactive
Closing history: Corrections
Acquiring institution: Keystone Financial Bank, National Association (#7712)
Federal Reserve ID: 46811
Date Established: January 02, 1934
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 35 (Interstate: No)
OTS Docket #: 9895
FDIC's unique #: 8602
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 26, 1934
Last Structure Change Effective Date: December 31, 1998
Last Structure Change Process Date: Febuary 05, 1999
Last Data Update: July 28, 1999
Data Source Date: April 05, 2012
Location
Address: 101 West Third Street, Williamsport, PA 17701
County: Lycoming
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): Williamsport, PA (#9140)
Combined Statistical Area (CSA): Williamsport-Lock Haven, PA (#558)
Core Based Statistical Area (CBSA): Williamsport, PA (#48700)
CBSA Metro Statistical Area: Williamsport, PA (#48700)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $1,154.0 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
357Total employees (full-time equivalent)
$1,155,056Total assets
$41,077Cash and due from depository institutions
$102Interest-bearing balances
$235,694Securities
$3,500Federal funds sold & reverse repurchase agreements
$839,475Net loans & leases
$10,422Loan loss allowance
$0Trading account assets
$15,331Bank premises and fixed assets
$2,329Other real estate owned
$820Goodwill and other intangibles
$0Life insurance assets
$16,830All other assets
$1,155,056Total liabilities and capital
$1,064,155Total liabilities
$883,200Total deposits
$794,575Interest-bearing deposits
$883,200Deposits held in domestic offices
0.00%% insured (estimated)
$108,455Federal funds purchased & repurchase agreements
$0Trading liabilities
$52,996Other borrowed funds
$0Subordinated debt
$19,504All other liabilities
$90,901Total equity capital
$90,901Total bank equity capital
$90,901Perpetual preferred stock
$0Common stock
$3,698Surplus
$26,095Undivided profits
Memoranda
$61,108Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,678Earning assets
$254Long-term assets (5+ years)
$6,330Average Assets, year-to-date
$1,078,771Average Assets, quarterly
$297,894Volatile liabilities
$1,153,888Insider loans
$1,151,400FHLB advances
$184,092Loans and leases held for sale
$42,917Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$242,023Total unused commitments
$0Restructured Loans and leases
$906,565Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$88,984Total interest income
$43,718Total interest expense
$45,266Net interest income
$3,404Provision for loan and lease losses
$11,893Total noninterest income
$2,926Fiduciary activities
$4,488Service charges on deposit accounts
$0Trading account gains & fees
$4,479Additional noninterest income
$31,455Total noninterest expense
$11,332Salaries and employee benefits
$3,911Premises and equipment expense
$16,212Additional noninterest expense
$22,300Pre-tax net operating income
-$44Securities gains (losses)
$6,410Applicable income taxes
$15,846Income before extraordinary items
$0Extraordinary gains - net
$15,846Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,675Sale, conversion, retirement of capital stock, net
$15,222Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.24%Yield on earning assets
4.05%Cost of funding earning assets
4.19%Net interest margin
1.10%Noninterest income to earning assets
2.91%Noninterest expense to earning assets
1.38%Net operating income to assets
1.37%Return on assets (ROA)
1.93%Pretax return on assets
18.08%Return on equity (ROE)
0.71%Retained earnings to average equity (YTD only)
0.32%Net charge-offs to loans
127.25%Credit loss provision to net charge-offs
9.61%Efficiency ratio
54,805Assets per employee
3.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
96.06%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
156.06%Noncurrent assets plus other real estate owned to assets
0.64%Noncurrent loans to loans
0.79%Net loans and leases to deposits
95.05%Net loans and leases to core deposits
103.22%Equity capital to assets
7.87%Core capital (leverage) ratio
7.92%Tier 1 risk-based capital ratio
9.89%Total risk-based capital ratio
Memoranda
$11Average assets
$1,153,888Average earning assets
$87,664Average equity
$1,080,154Average loans

Northern Central Bank in Williamsport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Northern Central Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Northern Central Bank in Williamsport, Pennsylvania (PA)Overview, Financial Summary, Detailed Financial Reports, Branches

Northern Central Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

Northern Central Bank in Williamsport, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches