FDIC Certificate #: 30032 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Conestoga Bank (#27013) Federal Reserve ID: 833271 Date Established: November 01, 1938 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 4600 FDIC's unique #: 42866 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: November 01, 1938 Last Structure Change Effective Date: October 13, 1999 Last Structure Change Process Date: November 05, 1999 Last Data Update: November 05, 1999 Data Source Date: April 05, 2012
Location
Address: 11 Penn Center, 1835 Market Street, Suite 2601, Philadelphia, PA 19103 County: Philadelphia 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: $180.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
48Total employees (full-time equivalent)
$164,014Total assets
$34,587Cash and due from depository institutions
$33,174Interest-bearing balances
$44,891Securities
$0Federal funds sold & reverse repurchase agreements
$80,195Net loans & leases
$304Loan loss allowance
$0Trading account assets
$990Bank premises and fixed assets
$629Other real estate owned
$192Goodwill and other intangibles
$0Life insurance assets
$2,530All other assets
$164,014Total liabilities and capital
$140,659Total liabilities
$136,409Total deposits
$120,420Interest-bearing deposits
$136,409Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,729Other borrowed funds
$0Subordinated debt
$1,521All other liabilities
$23,355Total equity capital
$23,355Total bank equity capital
$23,355Perpetual preferred stock
$0Common stock
$3,000Surplus
$18,820Undivided profits
Memoranda
$1,535Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,609Earning assets
$0Long-term assets (5+ years)
$562Average Assets, year-to-date
$158,260Average Assets, quarterly
$78,646Volatile liabilities
$147,218Insider loans
$162,258FHLB advances
$15,046Loans and leases held for sale
$1,380Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,308Total risk weighted assets
$3,709Total unused commitments
$0Restructured Loans and leases
$72,836Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$10,986Total interest income
$5,090Total interest expense
$5,896Net interest income
$283Provision for loan and lease losses
$387Total noninterest income
$0Fiduciary activities
$350Service charges on deposit accounts
$0Trading account gains & fees
$37Additional noninterest income
$4,533Total noninterest expense
$2,478Salaries and employee benefits
$650Premises and equipment expense
$1,405Additional noninterest expense
$1,467Pre-tax net operating income
$0Securities gains (losses)
$495Applicable income taxes
$972Income before extraordinary items
$0Extraordinary gains - net
$972Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$217Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.87%Yield on earning assets
3.64%Cost of funding earning assets
4.22%Net interest margin
0.28%Noninterest income to earning assets
3.25%Noninterest expense to earning assets
0.66%Net operating income to assets
0.66%Return on assets (ROA)
1.00%Pretax return on assets
5.27%Return on equity (ROE)
5.27%Retained earnings to average equity (YTD only)
0.29%Net charge-offs to loans
130.41%Credit loss provision to net charge-offs
8.06%Efficiency ratio
72,020Assets per employee
3.42%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.38%Loss allowance to noncurrent loans
18.89%Noncurrent assets plus other real estate owned to assets
1.36%Noncurrent loans to loans
2.00%Net loans and leases to deposits
58.79%Net loans and leases to core deposits
65.46%Equity capital to assets
14.24%Core capital (leverage) ratio
14.48%Tier 1 risk-based capital ratio
32.02%Total risk-based capital ratio
Memoranda
$32Average assets
$147,218Average earning assets
$18,447Average equity
$139,674Average loans
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