FDIC Certificate #: 27203 Status: Inactive Closing history: Corrections Acquiring institution:Earthstar Bank (#35561) Federal Reserve ID: 1861347 Date Established: January 01, 1901 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 39106 Numeric code: 42 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: April 01, 1988 Last Structure Change Effective Date: November 14, 2003 Last Structure Change Process Date: November 18, 2003 Last Data Update: November 18, 2003 Data Source Date: April 05, 2012
Location
Address: 2352 Orthodox Street, Philadelphia, PA 19137 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
Absorption - Assisted
Corrections
Financial Summary
Total assets: $8.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
5Total employees (full-time equivalent)
$10,279Total assets
$1,972Cash and due from depository institutions
$1,568Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$7,950Net loans & leases
$32Loan loss allowance
$0Trading account assets
$230Bank premises and fixed assets
$66Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$61All other assets
$10,279Total liabilities and capital
$9,531Total liabilities
$9,515Total deposits
$9,368Interest-bearing deposits
$9,515Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$16All other liabilities
$748Total equity capital
$748Total bank equity capital
$748Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$748Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$203Earning assets
$0Long-term assets (5+ years)
$36Average Assets, year-to-date
$9,518Average Assets, quarterly
$4,665Volatile liabilities
$10,747Insider loans
$10,479FHLB advances
$448Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$32Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$728Total interest income
$290Total interest expense
$438Net interest income
$59Provision for loan and lease losses
$60Total noninterest income
$0Fiduciary activities
$30Service charges on deposit accounts
$0Trading account gains & fees
$30Additional noninterest income
$468Total noninterest expense
$201Salaries and employee benefits
$45Premises and equipment expense
$222Additional noninterest expense
-$29Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$29Income before extraordinary items
$0Extraordinary gains - net
-$29Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$56Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.20%Yield on earning assets
2.87%Cost of funding earning assets
4.33%Net interest margin
0.59%Noninterest income to earning assets
4.63%Noninterest expense to earning assets
-0.27%Net operating income to assets
-0.27%Return on assets (ROA)
-0.27%Pretax return on assets
-3.83%Return on equity (ROE)
-3.83%Retained earnings to average equity (YTD only)
0.75%Net charge-offs to loans
105.36%Credit loss provision to net charge-offs
0.54%Efficiency ratio
93,976Assets per employee
2.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.40%Loss allowance to noncurrent loans
15.76%Noncurrent assets plus other real estate owned to assets
2.62%Noncurrent loans to loans
2.54%Net loans and leases to deposits
83.55%Net loans and leases to core deposits
87.68%Equity capital to assets
7.28%Core capital (leverage) ratio
7.14%Tier 1 risk-based capital ratio
13.70%Total risk-based capital ratio
Memoranda
$14Average assets
$10,747Average earning assets
$758Average equity
$10,108Average 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 Pulaski Savings 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.
Comment about this bank, ask questions, or add new information about it: