FDIC Certificate #: 29455 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Northwest Savings Bank (#28178) Federal Reserve ID: 560072 Date Established: June 06, 1935 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3481 FDIC's unique #: 42289 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: June 06, 1935 Last Structure Change Effective Date: September 13, 2002 Last Structure Change Process Date: October 30, 2002 Last Data Update: October 30, 2002 Data Source Date: April 05, 2012
Location
Address: 710 Clairton Road, Pittsburgh, PA 15236 County: Allegheny Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Wexford Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Pittsburgh, PA (#6280) Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430) Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300) CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
Financial Summary
Total assets: $189.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
48Total employees (full-time equivalent)
$193,859Total assets
$15,693Cash and due from depository institutions
$14,451Interest-bearing balances
$30,366Securities
$0Federal funds sold & reverse repurchase agreements
$137,614Net loans & leases
$1,167Loan loss allowance
$0Trading account assets
$2,150Bank premises and fixed assets
$271Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$7,765All other assets
$193,859Total liabilities and capital
$183,273Total liabilities
$125,391Total deposits
$117,969Interest-bearing deposits
$125,391Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$55,800Other borrowed funds
$0Subordinated debt
$2,082All other liabilities
$10,586Total equity capital
$10,586Total bank equity capital
$10,586Perpetual preferred stock
$0Common stock
$1Surplus
$4,483Undivided profits
Memoranda
$6,102Noncurrent loans and leases
$9,219Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,309Earning assets
$0Long-term assets (5+ years)
$876Average Assets, year-to-date
$182,431Average Assets, quarterly
$0Volatile liabilities
$198,796Insider loans
$195,409FHLB advances
$71,146Loans and leases held for sale
$8Unused loan commitments
$55,800Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,219Total unused commitments
$0Restructured Loans and leases
$1,167Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$12,659Total interest income
$8,480Total interest expense
$4,179Net interest income
$285Provision for loan and lease losses
$1,049Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,049Additional noninterest income
$4,773Total noninterest expense
$2,308Salaries and employee benefits
$990Premises and equipment expense
$1,475Additional noninterest expense
$170Pre-tax net operating income
$3Securities gains (losses)
$73Applicable income taxes
$100Income before extraordinary items
$0Extraordinary gains - net
$100Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,505Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.76%Yield on earning assets
4.53%Cost of funding earning assets
2.23%Net interest margin
0.56%Noninterest income to earning assets
2.55%Noninterest expense to earning assets
0.05%Net operating income to assets
0.05%Return on assets (ROA)
0.09%Pretax return on assets
0.94%Return on equity (ROE)
0.94%Retained earnings to average equity (YTD only)
1.67%Net charge-offs to loans
11.38%Credit loss provision to net charge-offs
0.18%Efficiency ratio
91,297Assets per employee
4.04%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.84%Loss allowance to noncurrent loans
50.54%Noncurrent assets plus other real estate owned to assets
1.33%Noncurrent loans to loans
1.66%Net loans and leases to deposits
109.75%Net loans and leases to core deposits
125.05%Equity capital to assets
5.46%Core capital (leverage) ratio
5.48%Tier 1 risk-based capital ratio
10.74%Total risk-based capital ratio
Memoranda
$12Average assets
$198,796Average earning assets
$10,671Average equity
$187,249Average loans
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