FDIC Certificate #: 6044 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:CommunityBanks (#12984) Federal Reserve ID: 6815 Date Established: August 28, 1910 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 11259 FDIC's unique #: 4081 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2001 Last Structure Change Process Date: May 10, 2001 Last Data Update: May 10, 2001 Data Source Date: April 05, 2012
Location
Address: 57-59 Main Street, Glen Rock, PA 17327 County: York 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 Metropolitan Statistical Area (MSA): York, PA (#9280) Combined Statistical Area (CSA): York-Hanover-Gettysburg, PA (#564) Core Based Statistical Area (CBSA): York-Hanover, PA (#49620) CBSA Metro Statistical Area: York-Hanover, PA (#49620)
Financial Summary
Total assets: $187.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
72Total employees (full-time equivalent)
$187,344Total assets
$5,339Cash and due from depository institutions
$293Interest-bearing balances
$46,964Securities
$6,280Federal funds sold & reverse repurchase agreements
$120,505Net loans & leases
$1,857Loan loss allowance
$0Trading account assets
$3,224Bank premises and fixed assets
$23Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,009All other assets
$187,344Total liabilities and capital
$170,509Total liabilities
$140,088Total deposits
$128,994Interest-bearing deposits
$140,088Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$29,179Other borrowed funds
$0Subordinated debt
$1,242All other liabilities
$16,835Total equity capital
$16,835Total bank equity capital
$16,835Perpetual preferred stock
$0Common stock
$2,683Surplus
$2,974Undivided profits
Memoranda
$11,178Noncurrent loans and leases
$12,567Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$748Earning assets
$0Long-term assets (5+ years)
$655Average Assets, year-to-date
$174,042Average Assets, quarterly
$94,536Volatile liabilities
$185,060Insider loans
$185,751FHLB advances
$27,572Loans and leases held for sale
$292Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,567Total unused commitments
$198Restructured Loans and leases
$1,582Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$13,433Total interest income
$7,495Total interest expense
$5,938Net interest income
$555Provision for loan and lease losses
$729Total noninterest income
$0Fiduciary activities
$323Service charges on deposit accounts
$0Trading account gains & fees
$406Additional noninterest income
$4,636Total noninterest expense
$2,567Salaries and employee benefits
$567Premises and equipment expense
$1,502Additional noninterest expense
$1,476Pre-tax net operating income
$0Securities gains (losses)
$414Applicable income taxes
$1,062Income before extraordinary items
$0Extraordinary gains - net
$1,062Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$218Sale, conversion, retirement of capital stock, net
$616Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.81%Yield on earning assets
4.36%Cost of funding earning assets
3.45%Net interest margin
0.42%Noninterest income to earning assets
2.69%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.80%Pretax return on assets
6.68%Return on equity (ROE)
2.80%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
254.59%Credit loss provision to net charge-offs
9.32%Efficiency ratio
69,537Assets per employee
2.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
58.00%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
248.26%Noncurrent assets plus other real estate owned to assets
0.41%Noncurrent loans to loans
0.61%Net loans and leases to deposits
86.02%Net loans and leases to core deposits
91.28%Equity capital to assets
8.99%Core capital (leverage) ratio
8.95%Tier 1 risk-based capital ratio
13.15%Total risk-based capital ratio
Memoranda
$14Average assets
$185,060Average earning assets
$15,903Average equity
$172,087Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Glen Rock State Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: