Unitas National Bank in Chambersburg, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 13, 1995

Unitas National Bank in Chambersburg, Pennsylvania (PA)
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Unitas National Bank - Overview

General
FDIC Certificate #: 7534
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Commonwealth Bank (#7468)
Federal Reserve ID: 591816
Date Established: January 01, 1866
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 12 (Interstate: No)
OTS Docket #: 9897
FDIC's unique #: 4889
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: November 13, 1995
Last Structure Change Process Date: Febuary 06, 1996
Last Data Update: Febuary 06, 1996
Data Source Date: April 05, 2012
Location
Address: 15 South Main Street, Chambersburg, PA 17201
County: Franklin
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
Core Based Statistical Area (CBSA): Chambersburg, PA (#16540)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $153.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$103Total assets
$156,338Cash and due from depository institutions
$4,769Interest-bearing balances
$710Securities
$19,183Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$127,763Loan loss allowance
$1,450Trading account assets
$0Bank premises and fixed assets
$2,420Other real estate owned
$758Goodwill and other intangibles
$1,445Life insurance assets
$0All other assets
$0Total liabilities and capital
$156,338Total liabilities
$143,866Total deposits
$136,342Interest-bearing deposits
$126,124Deposits held in domestic offices
136342.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$1,927Trading liabilities
$0Other borrowed funds
$3,025Subordinated debt
$0All other liabilities
$2,572Total equity capital
$2,572Total bank equity capital
$12,472Perpetual preferred stock
$0Common stock
$2,114Surplus
$2,114Undivided profits
Memoranda
$8,244Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,630Income earned, not collected on loans
$353Earning assets
$147,656Long-term assets (5+ years)
$25,646Average Assets, year-to-date
$149,839Average Assets, quarterly
$153,973Volatile liabilities
$14,166Insider loans
$1,550FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,616Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$12,764Total risk weighted assets
$124,706Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$11,813Total interest expense
$4,282Net interest income
$7,531Provision for loan and lease losses
$371Total noninterest income
$593Fiduciary activities
$107Service charges on deposit accounts
$310Trading account gains & fees
$0Additional noninterest income
$176Total noninterest expense
$5,372Salaries and employee benefits
$2,896Premises and equipment expense
$741Additional noninterest expense
$1,735Pre-tax net operating income
$2,381Securities gains (losses)
$18Applicable income taxes
$813Income before extraordinary items
$1,586Extraordinary gains - net
$0Net income attributable to bank
$1,586Net charge-offs
$110Cash dividends
$1,032Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.38%Cost of funding earning assets
3.04%Net interest margin
5.34%Noninterest income to earning assets
0.42%Noninterest expense to earning assets
3.81%Net operating income to assets
1.05%Return on assets (ROA)
1.06%Pretax return on assets
1.60%Return on equity (ROE)
12.83%Retained earnings to average equity (YTD only)
4.48%Net charge-offs to loans
0.09%Credit loss provision to net charge-offs
337.27%Efficiency ratio
66,125Assets per employee
1.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
65.07%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
88.96%Noncurrent assets plus other real estate owned to assets
1.41%Noncurrent loans to loans
1.26%Net loans and leases to deposits
93.71%Net loans and leases to core deposits
100.50%Equity capital to assets
7.98%Core capital (leverage) ratio
8.25%Tier 1 risk-based capital ratio
10.24%Total risk-based capital ratio
Memoranda
$11Average assets
$149,839Average earning assets
$12,366Average equity
$140,910Average loans

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