FDIC Certificate #: 35075 Status: Active Federal Reserve ID: 2796277 Date Established: April 01, 1999 WWW:http://www.philadelphiatrust.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 74650 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: April 01, 1999 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1760 Market Street, 2nd Floor, Philadelphia, PA 19103 County: Philadelphia Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Philadelphia Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Philadelphia, PA-NJ (#6160) Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77) Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428) Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) Core Based Statistical Division: Philadelphia, PA (#37964)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $15.9 mil Equity capital: $8.9 mil Deposits held in domestic offices: $6.3 mil Return on assets (ROA): 9.85% ($1.6 mil) Quarterly return on assets: 7.84% ($1.3 mil) Return on Equity (ROE): 18.24% ($1.6 mil) Quarterly return on equity: 14.08% ($1.3 mil) Net income: $1.6 mil Quarterly Net income: $0.3 mil Pretax return on assets: 15.36% ($2,449.8 mil) Quarterly Pretax return on assets: 13.21% ($2,106.9 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
19Total employees (full-time equivalent)
$15,949Total assets
$8,551Cash and due from depository institutions
$4,814Interest-bearing balances
$657Securities
$0Federal funds sold & reverse repurchase agreements
$4,383Net loans & leases
$124Loan loss allowance
$0Trading account assets
$97Bank premises and fixed assets
$0Other real estate owned
$80Goodwill and other intangibles
$15,949Life insurance assets
$2,181All other assets
$7,009Total liabilities and capital
$6,277Total liabilities
$6,275Total deposits
$6,277Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$732Subordinated debt
$8,940All other liabilities
$8,940Total equity capital
$8,940Total bank equity capital
$0Perpetual preferred stock
$657Common stock
$1,299Surplus
$6,984Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$15Long-term assets (5+ years)
$9,854Average Assets, year-to-date
$328Average Assets, quarterly
$16,337Volatile liabilities
$16,074Insider loans
$8,326FHLB advances
$16,657Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,854Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$247Restructured Loans and leases
$451Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$300Total interest income
$68Total interest expense
$232Net interest income
$0Provision for loan and lease losses
$7,670Total noninterest income
$7,661Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$9Additional noninterest income
$5,393Total noninterest expense
$3,309Salaries and employee benefits
$324Premises and equipment expense
$1,760Additional noninterest expense
$2,509Pre-tax net operating income
$0Securities gains (losses)
$900Applicable income taxes
$1,609Income before extraordinary items
$0Extraordinary gains - net
$1,609Net income attributable to bank
$0Net charge-offs
$1,609Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.00%Yield on earning assets
0.68%Cost of funding earning assets
2.32%Net interest margin
76.71%Noninterest income to earning assets
53.94%Noninterest expense to earning assets
9.85%Net operating income to assets
9.85%Return on assets (ROA)
15.36%Pretax return on assets
18.24%Return on equity (ROE)
18.24%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
67,894Assets per employee
0.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.75%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
69.83%Net loans and leases to core deposits
75.87%Equity capital to assets
56.05%Core capital (leverage) ratio
53.15%Tier 1 risk-based capital ratio
106.34%Total risk-based capital ratio
Memoranda
$108Average assets
$16,337Average earning assets
$8,822Average equity
$9,998Average loans
Total Fiduciary and Related Assets (December 31, 2011)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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