The Hershey Bank in Hershey, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 06, 1993

  • The Hershey Bank in Hershey, Pennsylvania (PA)
  • Show street view No street view available for this location

The Hershey Bank - Overview

  • General
  • FDIC Certificate #: 7523
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PNC Bank, National Association (#7944)
    Federal Reserve ID: 463511
    Date Established: June 25, 1925
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 4882
    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: August 06, 1993
    Last Structure Change Process Date: August 13, 1993
    Last Data Update: August 13, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 9 West Chocolate Avenue, Hershey, PA 17033
    County: Dauphin
    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): Harrisburg-Lebanon-Carlisle, PA (#3240)
    Combined Statistical Area (CSA): Harrisburg-Carlisle-Lebanon, PA (#276)
    Core Based Statistical Area (CBSA): Harrisburg-Carlisle, PA (#25420)
    CBSA Metro Statistical Area: Harrisburg-Carlisle, PA (#25420)
  • Financial Summary
  • Total assets: $227.8 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $177Total assets
  • $235,370Cash and due from depository institutions
  • $11,837Interest-bearing balances
  • $0Securities
  • $40,384Federal funds sold & reverse repurchase agreements
  • $13,800Net loans & leases
  • $162,761Loan loss allowance
  • $1,990Trading account assets
  • $0Bank premises and fixed assets
  • $4,643Other real estate owned
  • $119Goodwill and other intangibles
  • $1,826Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $235,370Total liabilities
  • $215,999Total deposits
  • $207,237Interest-bearing deposits
  • $172,927Deposits held in domestic offices
  • 207237.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $3,938Trading liabilities
  • $0Other borrowed funds
  • $1,602Subordinated debt
  • $0All other liabilities
  • $3,222Total equity capital
  • $3,222Total bank equity capital
  • $19,371Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $5,050Undivided profits
  • Memoranda
  • $14,221Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,382Income earned, not collected on loans
  • $596Earning assets
  • $216,945Long-term assets (5+ years)
  • $28,574Average Assets, year-to-date
  • $235,757Average Assets, quarterly
  • $232,759Volatile liabilities
  • $18,580Insider loans
  • $401FHLB advances
  • $0Loans and leases held for sale
  • $8,254Unused loan commitments
  • $32,054Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,371Total risk weighted assets
  • $182,141Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,044Total interest expense
  • $7,743Net interest income
  • $9,301Provision for loan and lease losses
  • $272Total noninterest income
  • $2,446Fiduciary activities
  • $0Service charges on deposit accounts
  • $634Trading account gains & fees
  • $0Additional noninterest income
  • $1,812Total noninterest expense
  • $7,952Salaries and employee benefits
  • $4,100Premises and equipment expense
  • $1,199Additional noninterest expense
  • $2,653Pre-tax net operating income
  • $3,523Securities gains (losses)
  • $16Applicable income taxes
  • $817Income before extraordinary items
  • $2,722Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,722Net charge-offs
  • $419Cash dividends
  • $1,325Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.84%Cost of funding earning assets
  • 3.56%Net interest margin
  • 4.28%Noninterest income to earning assets
  • 1.12%Noninterest expense to earning assets
  • 3.66%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 1.50%Return on equity (ROE)
  • 14.57%Retained earnings to average equity (YTD only)
  • 7.48%Net charge-offs to loans
  • 0.26%Credit loss provision to net charge-offs
  • 64.92%Efficiency ratio
  • 67,694Assets per employee
  • 1.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.68%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 83.54%Noncurrent assets plus other real estate owned to assets
  • 1.06%Noncurrent loans to loans
  • 1.45%Net loans and leases to deposits
  • 78.54%Net loans and leases to core deposits
  • 83.81%Equity capital to assets
  • 8.23%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 10.64%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $235,757Average earning assets
  • $18,677Average equity
  • $217,510Average loans

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