Patriot Bank in Pottstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 10, 2004

  • Patriot Bank in Pottstown, Pennsylvania (PA)
  • Show street view No street view available for this location

Patriot Bank - Overview

  • General
  • FDIC Certificate #: 28673
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Susquehanna Bank DV (#6443)
    Federal Reserve ID: 133270
    Date Established: January 01, 1905
    WWW: http://www.patriotbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 21 (Interstate: No)
    OTS Docket #: 13207
    FDIC's unique #: 41507
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 02, 1938
    Last Structure Change Effective Date: June 10, 2004
    Last Structure Change Process Date: June 22, 2004
    Last Data Update: June 22, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: High & Hanover Streets, Pottstown, PA 19464
    County: Montgomery
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Philadelphia
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160)
    Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
    Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
    Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
    Core Based Statistical Division: Philadelphia, PA (#37964)
  • Financial Summary
  • Total assets: $1,036.4 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, 2003)

  • Dollar figures in thousands
  • 271Total employees (full-time equivalent)
  • $1,039,102Total assets
  • $16,985Cash and due from depository institutions
  • $1,705Interest-bearing balances
  • $331,482Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $624,529Net loans & leases
  • $6,904Loan loss allowance
  • $0Trading account assets
  • $10,829Bank premises and fixed assets
  • $192Other real estate owned
  • $11,377Goodwill and other intangibles
  • $0Life insurance assets
  • $43,708All other assets
  • $1,039,102Total liabilities and capital
  • $957,797Total liabilities
  • $615,915Total deposits
  • $605,518Interest-bearing deposits
  • $615,915Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $64,407Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $272,165Other borrowed funds
  • $0Subordinated debt
  • $5,310All other liabilities
  • $81,305Total equity capital
  • $81,305Total bank equity capital
  • $81,305Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $33,308Undivided profits
  • Memoranda
  • $47,996Noncurrent loans and leases
  • $66,549Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,058Earning assets
  • $0Long-term assets (5+ years)
  • $3,473Average Assets, year-to-date
  • $957,716Average Assets, quarterly
  • $363,219Volatile liabilities
  • $1,011,091Insider loans
  • $1,024,426FHLB advances
  • $172,731Loans and leases held for sale
  • $1,041Unused loan commitments
  • $272,165Tier 1 (core) risk-based capital
  • $72,000Tier 2 risk-based capital
  • $4,363Total risk weighted assets
  • $66,549Total unused commitments
  • $0Restructured Loans and leases
  • $7,449Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $59,367Total interest income
  • $25,958Total interest expense
  • $33,409Net interest income
  • $3,930Provision for loan and lease losses
  • $8,847Total noninterest income
  • $0Fiduciary activities
  • $3,657Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,190Additional noninterest income
  • $26,134Total noninterest expense
  • $13,965Salaries and employee benefits
  • $3,599Premises and equipment expense
  • $8,570Additional noninterest expense
  • $12,192Pre-tax net operating income
  • $1,365Securities gains (losses)
  • $3,026Applicable income taxes
  • $10,531Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,531Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,948Sale, conversion, retirement of capital stock, net
  • $11,720Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.40%Yield on earning assets
  • 2.80%Cost of funding earning assets
  • 3.60%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 2.82%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.34%Pretax return on assets
  • 12.55%Return on equity (ROE)
  • -1.42%Retained earnings to average equity (YTD only)
  • 0.64%Net charge-offs to loans
  • 99.54%Credit loss provision to net charge-offs
  • 4.08%Efficiency ratio
  • 60,749Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 111.29%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 136.50%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.80%Net loans and leases to deposits
  • 101.40%Net loans and leases to core deposits
  • 113.02%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 7.06%Tier 1 risk-based capital ratio
  • 10.20%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,011,091Average earning assets
  • $83,909Average equity
  • $927,800Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Patriot Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents