FDIC Certificate #: 13836 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Gratz National Bank (#14863) Federal Reserve ID: 53015 Date Established: Febuary 01, 1934 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 8649 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: Febuary 01, 1934 Last Structure Change Effective Date: August 05, 2011 Last Structure Change Process Date: September 29, 2011 Last Data Update: September 29, 2011 Data Source Date: April 05, 2012
Location
Address: Main Street, Herndon, PA 17830 County: Northumberland 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 Combined Statistical Area (CSA): Sunbury-Lewisburg-Selinsgrove, PA (#526) Core Based Statistical Area (CBSA): Sunbury, PA (#44980) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $28.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
8Total employees (full-time equivalent)
$30,482Total assets
$6,731Cash and due from depository institutions
$0Interest-bearing balances
$14,966Securities
$0Federal funds sold & reverse repurchase agreements
$8,308Net loans & leases
$195Loan loss allowance
$0Trading account assets
$101Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$376All other assets
$30,482Total liabilities and capital
$22,253Total liabilities
$22,083Total deposits
$17,830Interest-bearing deposits
$22,083Deposits held in domestic offices
95.53%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$170All other liabilities
$8,229Total equity capital
$8,229Total bank equity capital
$8,229Perpetual preferred stock
$0Common stock
$50Surplus
$250Undivided profits
Memoranda
$7,929Noncurrent loans and leases
$1,201Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$316Earning assets
$0Long-term assets (5+ years)
$143Average Assets, year-to-date
$23,274Average Assets, quarterly
$7,483Volatile liabilities
$30,215Insider loans
$30,105FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,201Total unused commitments
$0Restructured Loans and leases
$148Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$1,058Total interest income
$220Total interest expense
$838Net interest income
$50Provision for loan and lease losses
$82Total noninterest income
$0Fiduciary activities
$34Service charges on deposit accounts
$0Trading account gains & fees
$48Additional noninterest income
$732Total noninterest expense
$341Salaries and employee benefits
$121Premises and equipment expense
$270Additional noninterest expense
$138Pre-tax net operating income
$15Securities gains (losses)
$0Applicable income taxes
$153Income before extraordinary items
$0Extraordinary gains - net
$153Net income attributable to bank
$0Net charge-offs
$153Cash dividends
$1Sale, conversion, retirement of capital stock, net
$100Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.52%Yield on earning assets
0.94%Cost of funding earning assets
3.58%Net interest margin
0.35%Noninterest income to earning assets
3.13%Noninterest expense to earning assets
0.46%Net operating income to assets
0.51%Return on assets (ROA)
0.51%Pretax return on assets
1.86%Return on equity (ROE)
0.64%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
5000.00%Credit loss provision to net charge-offs
188.00%Efficiency ratio
79,565Assets per employee
3.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.36%Loss allowance to loans
2.29%Loss allowance to noncurrent loans
61.71%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
3.72%Net loans and leases to deposits
37.62%Net loans and leases to core deposits
37.62%Equity capital to assets
27.00%Core capital (leverage) ratio
27.20%Tier 1 risk-based capital ratio
69.94%Total risk-based capital ratio
Memoranda
$71Average assets
$30,215Average earning assets
$8,225Average equity
$23,416Average loans
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