The Citizens' National Bank of Ashland in Ashland, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 12, 1996

The Citizens' National Bank of Ashland in Ashland, Pennsylvania (PA)
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The Citizens' National Bank of Ashland - Overview

General
FDIC Certificate #: 7381
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Community Banks, National Association (#7616)
Federal Reserve ID: 51310
Date Established: June 24, 1875
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
FDIC's unique #: 4817
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: January 01, 1934
Last Structure Change Effective Date: January 12, 1996
Last Structure Change Process Date: Febuary 09, 1996
Last Data Update: Febuary 09, 1996
Data Source Date: April 05, 2012
Location
Address: 725 Centre Street, Ashland, PA 17921
County: Schuylkill
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Harrisburg
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Core Based Statistical Area (CBSA): Pottsville, PA (#39060)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $61.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$29Total assets
$61,441Cash and due from depository institutions
$1,885Interest-bearing balances
$0Securities
$29,887Federal funds sold & reverse repurchase agreements
$2,215Net loans & leases
$26,358Loan loss allowance
$294Trading account assets
$0Bank premises and fixed assets
$324Other real estate owned
$0Goodwill and other intangibles
$772Life insurance assets
$0All other assets
$0Total liabilities and capital
$61,441Total liabilities
$52,034Total deposits
$51,256Interest-bearing deposits
$46,877Deposits held in domestic offices
51256.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$778Total equity capital
$778Total bank equity capital
$9,407Perpetual preferred stock
$0Common stock
$400Surplus
$1,000Undivided profits
Memoranda
$8,007Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$763Income earned, not collected on loans
$180Earning assets
$58,460Long-term assets (5+ years)
$25,527Average Assets, year-to-date
$62,189Average Assets, quarterly
$61,794Volatile liabilities
$1,360Insider loans
$88FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$198Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$9,110Total risk weighted assets
$23,692Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$4,333Total interest expense
$1,834Net interest income
$2,499Provision for loan and lease losses
$16Total noninterest income
$197Fiduciary activities
$0Service charges on deposit accounts
$77Trading account gains & fees
$0Additional noninterest income
$120Total noninterest expense
$2,181Salaries and employee benefits
$987Premises and equipment expense
$249Additional noninterest expense
$945Pre-tax net operating income
$499Securities gains (losses)
$3Applicable income taxes
$113Income before extraordinary items
$389Extraordinary gains - net
$0Net income attributable to bank
$389Net charge-offs
$0Cash dividends
$410Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.36%Cost of funding earning assets
3.12%Net interest margin
4.25%Noninterest income to earning assets
0.33%Noninterest expense to earning assets
3.71%Net operating income to assets
0.62%Return on assets (ROA)
0.63%Pretax return on assets
0.81%Return on equity (ROE)
4.18%Retained earnings to average equity (YTD only)
-0.23%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
80,898Assets per employee
2.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
105.40%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
38.53%Noncurrent assets plus other real estate owned to assets
1.24%Noncurrent loans to loans
2.86%Net loans and leases to deposits
51.42%Net loans and leases to core deposits
52.83%Equity capital to assets
15.31%Core capital (leverage) ratio
14.76%Tier 1 risk-based capital ratio
38.45%Total risk-based capital ratio
Memoranda
$40Average assets
$62,189Average earning assets
$9,312Average equity
$58,844Average loans

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