FDIC Certificate #: 34509 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:First Keystone Community Bank (#7404) Federal Reserve ID: 2515441 Date Established: November 21, 1997 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 3 (Interstate: No) FDIC's unique #: 57787 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 21, 1997 Last Structure Change Effective Date: November 01, 2007 Last Structure Change Process Date: November 20, 2007 Last Data Update: November 20, 2007 Data Source Date: April 05, 2012
Location
Address: 559 Main Street, Stroudsburg, PA 18360 County: Monroe 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 Core Based Statistical Area (CBSA): East Stroudsburg, PA (#20700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $127.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
37Total employees (full-time equivalent)
$138,528Total assets
$9,561Cash and due from depository institutions
$5,993Interest-bearing balances
$15,879Securities
$6,022Federal funds sold & reverse repurchase agreements
$99,121Net loans & leases
$1,231Loan loss allowance
$0Trading account assets
$2,681Bank premises and fixed assets
$0Other real estate owned
$65Goodwill and other intangibles
$2,860Life insurance assets
$5,199All other assets
$138,528Total liabilities and capital
$124,173Total liabilities
$113,780Total deposits
$96,500Interest-bearing deposits
$113,780Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,832Other borrowed funds
$0Subordinated debt
$561All other liabilities
$14,355Total equity capital
$14,355Total bank equity capital
$14,355Perpetual preferred stock
$0Common stock
$4,211Surplus
$6,176Undivided profits
Memoranda
$3,968Noncurrent loans and leases
$14,832Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$123Earning assets
$0Long-term assets (5+ years)
$549Average Assets, year-to-date
$127,015Average Assets, quarterly
$50,935Volatile liabilities
$130,884Insider loans
$133,495FHLB advances
$27,088Loans and leases held for sale
$6,979Unused loan commitments
$9,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,832Total unused commitments
$0Restructured Loans and leases
$1,231Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$7,200Total interest income
$3,032Total interest expense
$4,168Net interest income
$80Provision for loan and lease losses
$513Total noninterest income
$0Fiduciary activities
$242Service charges on deposit accounts
$0Trading account gains & fees
$271Additional noninterest income
$3,215Total noninterest expense
$1,668Salaries and employee benefits
$434Premises and equipment expense
$1,113Additional noninterest expense
$1,386Pre-tax net operating income
$0Securities gains (losses)
$381Applicable income taxes
$1,005Income before extraordinary items
$0Extraordinary gains - net
$1,005Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$10Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.02%Yield on earning assets
2.54%Cost of funding earning assets
3.48%Net interest margin
0.43%Noninterest income to earning assets
2.69%Noninterest expense to earning assets
0.77%Net operating income to assets
0.77%Return on assets (ROA)
1.06%Pretax return on assets
7.33%Return on equity (ROE)
7.33%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
800.00%Credit loss provision to net charge-offs
146.60%Efficiency ratio
68,682Assets per employee
3.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.23%Loss allowance to noncurrent loans
1000.81%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.12%Net loans and leases to deposits
87.12%Net loans and leases to core deposits
114.34%Equity capital to assets
10.36%Core capital (leverage) ratio
11.09%Tier 1 risk-based capital ratio
14.10%Total risk-based capital ratio
Memoranda
$15Average assets
$130,884Average earning assets
$13,710Average equity
$119,605Average loans
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