The First National Bank of McConnellsburg - Overview
General
FDIC Certificate #: 7604 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The First National Bank of Greencastle (#7511) Federal Reserve ID: 967411 Date Established: January 01, 1906 WWW:http://www.fnbmcconnells.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 5 (Interstate: No) OTS Docket #: 10288 FDIC's unique #: 4930 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: August 28, 2006 Last Structure Change Process Date: October 13, 2006 Last Data Update: October 13, 2006 Data Source Date: April 05, 2012
Location
Address: 101 Lincoln Way West, Mcconnellsburg, PA 17233 County: Fulton 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
Financial Summary
Total assets: $200.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
54Total employees (full-time equivalent)
$185,263Total assets
$5,289Cash and due from depository institutions
$587Interest-bearing balances
$29,605Securities
$0Federal funds sold & reverse repurchase agreements
$138,849Net loans & leases
$1,026Loan loss allowance
$0Trading account assets
$3,182Bank premises and fixed assets
$58Other real estate owned
$2,105Goodwill and other intangibles
$0Life insurance assets
$6,175All other assets
$185,262Total liabilities and capital
$169,453Total liabilities
$145,136Total deposits
$119,463Interest-bearing deposits
$145,136Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,299Other borrowed funds
$0Subordinated debt
$1,018All other liabilities
$15,809Total equity capital
$15,809Total bank equity capital
$15,809Perpetual preferred stock
$0Common stock
$350Surplus
$1,400Undivided profits
Memoranda
$14,059Noncurrent loans and leases
$17,323Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$93Earning assets
$0Long-term assets (5+ years)
$684Average Assets, year-to-date
$169,041Average Assets, quarterly
$48,598Volatile liabilities
$177,677Insider loans
$184,861FHLB advances
$32,722Loans and leases held for sale
$4,206Unused loan commitments
$23,299Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$17,323Total unused commitments
$0Restructured Loans and leases
$1,026Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$9,713Total interest income
$3,813Total interest expense
$5,900Net interest income
$120Provision for loan and lease losses
$707Total noninterest income
$0Fiduciary activities
$468Service charges on deposit accounts
$0Trading account gains & fees
$239Additional noninterest income
$4,788Total noninterest expense
$2,315Salaries and employee benefits
$737Premises and equipment expense
$1,736Additional noninterest expense
$1,699Pre-tax net operating income
$54Securities gains (losses)
$459Applicable income taxes
$1,294Income before extraordinary items
$0Extraordinary gains - net
$1,294Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$182Sale, conversion, retirement of capital stock, net
$580Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.00%Yield on earning assets
2.36%Cost of funding earning assets
3.65%Net interest margin
0.44%Noninterest income to earning assets
2.96%Noninterest expense to earning assets
0.71%Net operating income to assets
0.73%Return on assets (ROA)
0.99%Pretax return on assets
8.46%Return on equity (ROE)
4.67%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
65.93%Credit loss provision to net charge-offs
9.99%Efficiency ratio
70,304Assets per employee
3.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
44.82%Loss allowance to loans
0.73%Loss allowance to noncurrent loans
1103.23%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.07%Net loans and leases to deposits
95.67%Net loans and leases to core deposits
107.77%Equity capital to assets
8.53%Core capital (leverage) ratio
7.57%Tier 1 risk-based capital ratio
10.98%Total risk-based capital ratio
Memoranda
$12Average assets
$177,677Average earning assets
$15,292Average equity
$161,833Average loans
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