Security Savings Association of Hazleton - Overview
General
FDIC Certificate #: 30501 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Federal Bank (#29492) Federal Reserve ID: 181374 Date Established: January 01, 1889 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5458 FDIC's unique #: 43335 Numeric code: 36 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: January 02, 1952 Last Structure Change Effective Date: November 10, 2000 Last Structure Change Process Date: January 31, 2001 Last Data Update: January 31, 2001 Data Source Date: April 05, 2012
Location
Address: 31 W Broad St, Hazleton, PA 18201 County: Luzerne 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): Scranton--Wilkes-Barre--Hazleton, PA (#7560) Core Based Statistical Area (CBSA): Scranton-Wilkes-Barre, PA (#42540) CBSA Metro Statistical Area: Scranton-Wilkes-Barre, PA (#42540)
Financial Summary
Total assets: $132.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
42Total employees (full-time equivalent)
$130,755Total assets
$12,008Cash and due from depository institutions
$9,715Interest-bearing balances
$35,887Securities
$0Federal funds sold & reverse repurchase agreements
$78,985Net loans & leases
$430Loan loss allowance
$0Trading account assets
$1,272Bank premises and fixed assets
$186Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,417All other assets
$130,755Total liabilities and capital
$115,778Total liabilities
$102,051Total deposits
$99,878Interest-bearing deposits
$102,051Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$13,194Other borrowed funds
$0Subordinated debt
$533All other liabilities
$14,977Total equity capital
$14,977Total bank equity capital
$14,977Perpetual preferred stock
$0Common stock
$1Surplus
$7,065Undivided profits
Memoranda
$7,911Noncurrent loans and leases
$4,351Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$653Earning assets
$0Long-term assets (5+ years)
$368Average Assets, year-to-date
$124,587Average Assets, quarterly
$0Volatile liabilities
$123,189Insider loans
$129,083FHLB advances
$25,837Loans and leases held for sale
$0Unused loan commitments
$12,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,351Total unused commitments
$0Restructured Loans and leases
$430Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$8,255Total interest income
$4,328Total interest expense
$3,927Net interest income
$55Provision for loan and lease losses
$419Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$419Additional noninterest income
$2,927Total noninterest expense
$1,570Salaries and employee benefits
$420Premises and equipment expense
$937Additional noninterest expense
$1,364Pre-tax net operating income
$0Securities gains (losses)
$407Applicable income taxes
$957Income before extraordinary items
$0Extraordinary gains - net
$957Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$52Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.98%Yield on earning assets
3.66%Cost of funding earning assets
3.32%Net interest margin
0.35%Noninterest income to earning assets
2.47%Noninterest expense to earning assets
0.78%Net operating income to assets
0.78%Return on assets (ROA)
1.11%Pretax return on assets
6.30%Return on equity (ROE)
6.30%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
105.77%Credit loss provision to net charge-offs
27.29%Efficiency ratio
67,349Assets per employee
3.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.54%Loss allowance to noncurrent loans
65.85%Noncurrent assets plus other real estate owned to assets
0.64%Noncurrent loans to loans
0.82%Net loans and leases to deposits
77.40%Net loans and leases to core deposits
88.34%Equity capital to assets
11.45%Core capital (leverage) ratio
12.41%Tier 1 risk-based capital ratio
29.30%Total risk-based capital ratio
Memoranda
$30Average assets
$123,189Average earning assets
$15,186Average equity
$118,288Average loans
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