The Peoples National Bank of Rural Valley - Overview
General
FDIC Certificate #: 11985 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Promistar Bank (#14501) Federal Reserve ID: 208226 Date Established: December 31, 1933 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 #: 7649 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: October 23, 1998 Last Structure Change Process Date: November 19, 1998 Last Data Update: November 19, 1998 Data Source Date: April 05, 2012
Location
Address: 601 Main Street, Rural Valley, PA 16249 County: Armstrong Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Wexford Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Combined Statistical Area (CSA): Pittsburgh-New Castle, PA (#430) Core Based Statistical Area (CBSA): Pittsburgh, PA (#38300) CBSA Metro Statistical Area: Pittsburgh, PA (#38300)
Financial Summary
Total assets: $37.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
12Total employees (full-time equivalent)
$37,090Total assets
$1,187Cash and due from depository institutions
$0Interest-bearing balances
$19,839Securities
$1,800Federal funds sold & reverse repurchase agreements
$13,790Net loans & leases
$116Loan loss allowance
$0Trading account assets
$114Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$360All other assets
$37,090Total liabilities and capital
$29,045Total liabilities
$28,901Total deposits
$24,017Interest-bearing deposits
$28,901Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$144All other liabilities
$8,045Total equity capital
$8,045Total bank equity capital
$8,045Perpetual preferred stock
$0Common stock
$200Surplus
$1,000Undivided profits
Memoranda
$6,845Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$108Earning assets
$20Long-term assets (5+ years)
$57Average Assets, year-to-date
$35,429Average Assets, quarterly
$9,928Volatile liabilities
$36,527Insider loans
$36,850FHLB advances
$2,617Loans and leases held for sale
$63Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$202Total unused commitments
$0Restructured Loans and leases
$12,773Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$2,386Total interest income
$963Total interest expense
$1,423Net interest income
$0Provision for loan and lease losses
$85Total noninterest income
$0Fiduciary activities
$42Service charges on deposit accounts
$0Trading account gains & fees
$43Additional noninterest income
$699Total noninterest expense
$314Salaries and employee benefits
$72Premises and equipment expense
$313Additional noninterest expense
$809Pre-tax net operating income
$0Securities gains (losses)
$215Applicable income taxes
$594Income before extraordinary items
$0Extraordinary gains - net
$594Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$8Sale, conversion, retirement of capital stock, net
$320Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.83%Yield on earning assets
2.76%Cost of funding earning assets
4.07%Net interest margin
0.24%Noninterest income to earning assets
2.00%Noninterest expense to earning assets
1.63%Net operating income to assets
1.63%Return on assets (ROA)
2.21%Pretax return on assets
7.52%Return on equity (ROE)
3.47%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
101.13%Efficiency ratio
46,353Assets per employee
3.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.87%Loss allowance to loans
0.83%Loss allowance to noncurrent loans
107.41%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.78%Net loans and leases to deposits
47.71%Net loans and leases to core deposits
52.47%Equity capital to assets
21.69%Core capital (leverage) ratio
21.88%Tier 1 risk-based capital ratio
62.86%Total risk-based capital ratio
Memoranda
$64Average assets
$36,527Average earning assets
$7,896Average equity
$34,924Average loans
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