Security National Bank in Pottstown, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 26, 2004

  • Security National Bank in Pottstown, Pennsylvania (PA)
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Security National Bank - Overview

  • General
  • FDIC Certificate #: 27355
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Harleysville National Bank and Trust Company (#7516)
    Federal Reserve ID: 1217494
    Date Established: September 27, 1988
    WWW: http://www.securitynat.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 8 (Interstate: No)
    OTS Docket #: 13758
    FDIC's unique #: 39629
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 27, 1988
    Last Structure Change Effective Date: March 26, 2004
    Last Structure Change Process Date: April 13, 2004
    Last Data Update: April 13, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 High Street, Pottstown, PA 19464
    County: Montgomery
    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: $207.8 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, 2003)

  • Dollar figures in thousands
  • 47Total employees (full-time equivalent)
  • $207,831Total assets
  • $6,057Cash and due from depository institutions
  • $353Interest-bearing balances
  • $72,118Securities
  • $1,700Federal funds sold & reverse repurchase agreements
  • $118,799Net loans & leases
  • $2,101Loan loss allowance
  • $0Trading account assets
  • $1,728Bank premises and fixed assets
  • $60Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $7,369All other assets
  • $207,831Total liabilities and capital
  • $191,016Total liabilities
  • $159,289Total deposits
  • $135,248Interest-bearing deposits
  • $159,289Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,017Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $10,750Other borrowed funds
  • $0Subordinated debt
  • $2,960All other liabilities
  • $16,815Total equity capital
  • $16,815Total bank equity capital
  • $16,815Perpetual preferred stock
  • $0Common stock
  • $2,263Surplus
  • $7,726Undivided profits
  • Memoranda
  • $6,826Noncurrent loans and leases
  • $42,967Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,376Earning assets
  • $0Long-term assets (5+ years)
  • $729Average Assets, year-to-date
  • $192,970Average Assets, quarterly
  • $74,722Volatile liabilities
  • $203,720Insider loans
  • $207,951FHLB advances
  • $36,489Loans and leases held for sale
  • $2,587Unused loan commitments
  • $10,750Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $42,967Total unused commitments
  • $0Restructured Loans and leases
  • $1,845Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $9,892Total interest income
  • $3,581Total interest expense
  • $6,311Net interest income
  • $300Provision for loan and lease losses
  • $1,760Total noninterest income
  • $0Fiduciary activities
  • $1,008Service charges on deposit accounts
  • $0Trading account gains & fees
  • $752Additional noninterest income
  • $5,940Total noninterest expense
  • $2,201Salaries and employee benefits
  • $910Premises and equipment expense
  • $2,829Additional noninterest expense
  • $1,831Pre-tax net operating income
  • $508Securities gains (losses)
  • $495Applicable income taxes
  • $1,844Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,844Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $298Sale, conversion, retirement of capital stock, net
  • $516Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.23%Yield on earning assets
  • 1.89%Cost of funding earning assets
  • 3.34%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.14%Noninterest expense to earning assets
  • 0.71%Net operating income to assets
  • 0.91%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 11.27%Return on equity (ROE)
  • 8.12%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 100.67%Credit loss provision to net charge-offs
  • 7.15%Efficiency ratio
  • 73,597Assets per employee
  • 4.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.98%Loss allowance to loans
  • 1.74%Loss allowance to noncurrent loans
  • 152.69%Noncurrent assets plus other real estate owned to assets
  • 0.69%Noncurrent loans to loans
  • 1.14%Net loans and leases to deposits
  • 74.58%Net loans and leases to core deposits
  • 84.36%Equity capital to assets
  • 8.09%Core capital (leverage) ratio
  • 7.90%Tier 1 risk-based capital ratio
  • 11.31%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $203,720Average earning assets
  • $16,357Average equity
  • $188,975Average loans

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