FDIC Certificate #: 27385 Status: Active Federal Reserve ID: 1225798 Date Established: January 01, 1919 WWW:http://www.prsbank.com Trust Powers Granted: No Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 11726 FDIC's unique #: 39713 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: November 21, 1988 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 2522 East Allegheny Avenue, Philadelphia, PA 19134 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $64.4 mil Equity capital: $9.5 mil Deposits held in domestic offices: $40.6 mil Return on assets (ROA): 0.65% ($0.4 mil) Quarterly return on assets: -3.82% (-$2.4 mil) Return on Equity (ROE): 4.25% ($0.4 mil) Quarterly return on equity: -24.93% (-$2.2 mil) Net income: $0.4 mil Quarterly Net income: -$0.6 mil Pretax return on assets: 1.03% ($663.0 mil) Quarterly Pretax return on assets: -3.29% (-$2,117.7 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
11Total employees (full-time equivalent)
$64,368Total assets
$1,476Cash and due from depository institutions
$1,255Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$60,916Net loans & leases
$1,215Loan loss allowance
$0Trading account assets
$248Bank premises and fixed assets
$185Other real estate owned
$0Goodwill and other intangibles
$64,368Life insurance assets
$1,543All other assets
$54,885Total liabilities and capital
$40,633Total liabilities
$38,016Total deposits
$40,633Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,800Trading liabilities
$0Other borrowed funds
$1,452Subordinated debt
$9,483All other liabilities
$9,483Total equity capital
$9,483Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$8,705Surplus
$778Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,359Income earned, not collected on loans
$0Earning assets
$390Long-term assets (5+ years)
$62,171Average Assets, year-to-date
$44,842Average Assets, quarterly
$63,035Volatile liabilities
$63,914Insider loans
$37,434FHLB advances
$64,195Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$9,483Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,442Restructured Loans and leases
$397Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,221Total interest income
$1,215Total interest expense
$3,006Net interest income
$175Provision for loan and lease losses
$99Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$56Additional noninterest income
$2,281Total noninterest expense
$1,572Salaries and employee benefits
$41Premises and equipment expense
$668Additional noninterest expense
$649Pre-tax net operating income
$0Securities gains (losses)
$242Applicable income taxes
$407Income before extraordinary items
$0Extraordinary gains - net
$407Net income attributable to bank
$0Net charge-offs
$407Cash dividends
$46Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.93%Yield on earning assets
1.99%Cost of funding earning assets
4.94%Net interest margin
0.16%Noninterest income to earning assets
3.75%Noninterest expense to earning assets
0.65%Net operating income to assets
0.65%Return on assets (ROA)
1.03%Pretax return on assets
4.25%Return on equity (ROE)
4.25%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
380.43%Credit loss provision to net charge-offs
17.91%Efficiency ratio
73,462Assets per employee
5.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.96%Loss allowance to noncurrent loans
89.40%Noncurrent assets plus other real estate owned to assets
2.40%Noncurrent loans to loans
2.19%Net loans and leases to deposits
149.92%Net loans and leases to core deposits
160.39%Equity capital to assets
14.73%Core capital (leverage) ratio
14.77%Tier 1 risk-based capital ratio
25.33%Total risk-based capital ratio
Memoranda
$27Average assets
$63,035Average earning assets
$9,568Average equity
$60,904Average loans
List of branches
1 Pennsylvania Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
39713
Port Richmond Savings
2522 East Allegheny Avenue, Philadelphia, PA 19134
January 01, 1919
Full Service Brick and Mortar
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