The Citizens National Bank of Slatington - Overview
General
FDIC Certificate #: 7755 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Citizens National Bank (#7558) Federal Reserve ID: 290016 Date Established: Febuary 01, 1902 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 #: 5005 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 22, 1999 Last Structure Change Process Date: Febuary 26, 1999 Last Data Update: Febuary 26, 1999 Data Source Date: April 05, 2012
Location
Address: 506 Main Street, Slatington, PA 18080 County: Lehigh 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): Allentown-Bethlehem-Easton, PA (#240) Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900) CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
Financial Summary
Total assets: $79.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
29Total employees (full-time equivalent)
$79,602Total assets
$2,441Cash and due from depository institutions
$0Interest-bearing balances
$16,627Securities
$1,940Federal funds sold & reverse repurchase agreements
$56,667Net loans & leases
$756Loan loss allowance
$0Trading account assets
$651Bank premises and fixed assets
$467Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$809All other assets
$79,602Total liabilities and capital
$71,560Total liabilities
$70,572Total deposits
$61,248Interest-bearing deposits
$70,572Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$988All other liabilities
$8,042Total equity capital
$8,042Total bank equity capital
$8,042Perpetual preferred stock
$0Common stock
$165Surplus
$635Undivided profits
Memoranda
$7,242Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,090Earning assets
$0Long-term assets (5+ years)
$298Average Assets, year-to-date
$75,234Average Assets, quarterly
$6,425Volatile liabilities
$75,186Insider loans
$78,423FHLB advances
$2,231Loans and leases held for sale
$1,251Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,626Total unused commitments
$0Restructured Loans and leases
$69,112Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$5,852Total interest income
$2,429Total interest expense
$3,423Net interest income
$90Provision for loan and lease losses
$241Total noninterest income
$0Fiduciary activities
$82Service charges on deposit accounts
$0Trading account gains & fees
$159Additional noninterest income
$2,544Total noninterest expense
$1,160Salaries and employee benefits
$378Premises and equipment expense
$1,006Additional noninterest expense
$1,030Pre-tax net operating income
$0Securities gains (losses)
$306Applicable income taxes
$724Income before extraordinary items
$0Extraordinary gains - net
$724Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1Sale, conversion, retirement of capital stock, net
$534Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.24%Yield on earning assets
3.42%Cost of funding earning assets
4.82%Net interest margin
0.34%Noninterest income to earning assets
3.58%Noninterest expense to earning assets
0.96%Net operating income to assets
0.96%Return on assets (ROA)
1.37%Pretax return on assets
8.94%Return on equity (ROE)
2.35%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
9000.00%Credit loss provision to net charge-offs
1120.00%Efficiency ratio
69,432Assets per employee
2.74%Cash dividends to net income (YTD only)
Condition Ratios (%)
73.76%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
69.36%Noncurrent assets plus other real estate owned to assets
2.18%Noncurrent loans to loans
1.90%Net loans and leases to deposits
80.30%Net loans and leases to core deposits
82.92%Equity capital to assets
10.10%Core capital (leverage) ratio
10.16%Tier 1 risk-based capital ratio
11.66%Total risk-based capital ratio
Memoranda
$13Average assets
$75,186Average earning assets
$8,100Average equity
$70,982Average loans
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