Valley Federal Savings and Loan Association in Easton, Pennsylvania (PA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 06, 1993

  • Valley Federal Savings and Loan Association in Easton, Pennsylvania (PA)
  • Show street view No street view available for this location

Valley Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 27687
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sovereign Bank, National Association (#29950)
    Federal Reserve ID: 213079
    Date Established: January 01, 1878
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 113
    FDIC's unique #: 40521
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 02, 1941
    Last Structure Change Effective Date: November 06, 1993
    Last Structure Change Process Date: December 14, 1993
    Last Data Update: December 14, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 North 3rd Street, Easton, PA 18042
    County: Northampton
    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): Allentown-Bethlehem-Easton, PA (#240)
    Core Based Statistical Area (CBSA): Allentown-Bethlehem-Easton, PA-NJ (#10900)
    CBSA Metro Statistical Area: Allentown-Bethlehem-Easton, PA-NJ (#10900)
  • Financial Summary
  • Total assets: $316.1 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $115Total assets
  • $274,580Cash and due from depository institutions
  • $49,521Interest-bearing balances
  • $48,486Securities
  • $4,304Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $210,324Loan loss allowance
  • $3,560Trading account assets
  • $0Bank premises and fixed assets
  • $1,983Other real estate owned
  • $3,014Goodwill and other intangibles
  • $5,434Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $274,580Total liabilities
  • $257,738Total deposits
  • $251,734Interest-bearing deposits
  • $245,373Deposits held in domestic offices
  • 251734.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,984Subordinated debt
  • $0All other liabilities
  • $2,020Total equity capital
  • $2,020Total bank equity capital
  • $16,842Perpetual preferred stock
  • $0Common stock
  • $735Surplus
  • $1,751Undivided profits
  • Memoranda
  • $14,356Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,626Income earned, not collected on loans
  • $1,515Earning assets
  • $263,114Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $273,103Average Assets, quarterly
  • $271,893Volatile liabilities
  • $17,046Insider loans
  • $0FHLB advances
  • $2,800Loans and leases held for sale
  • $0Unused loan commitments
  • $4,251Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,842Total risk weighted assets
  • $144,942Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $22,158Total interest expense
  • $12,883Net interest income
  • $9,275Provision for loan and lease losses
  • $605Total noninterest income
  • $984Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $984Total noninterest expense
  • $6,244Salaries and employee benefits
  • $3,316Premises and equipment expense
  • $1,231Additional noninterest expense
  • $1,697Pre-tax net operating income
  • $3,410Securities gains (losses)
  • $0Applicable income taxes
  • $1,381Income before extraordinary items
  • $2,029Extraordinary gains - net
  • $0Net income attributable to bank
  • $2,029Net charge-offs
  • $102Cash dividends
  • $315Sale, conversion, retirement of capital stock, net
  • $60Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.55%Cost of funding earning assets
  • 4.97%Net interest margin
  • 3.58%Noninterest income to earning assets
  • 0.38%Noninterest expense to earning assets
  • 2.41%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 1.25%Return on equity (ROE)
  • 12.79%Retained earnings to average equity (YTD only)
  • 10.80%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 593.14%Efficiency ratio
  • 60,864Assets per employee
  • 2.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 15.52%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 98.18%Noncurrent assets plus other real estate owned to assets
  • 2.42%Noncurrent loans to loans
  • 1.70%Net loans and leases to deposits
  • 83.55%Net loans and leases to core deposits
  • 88.12%Equity capital to assets
  • 6.13%Core capital (leverage) ratio
  • 6.14%Tier 1 risk-based capital ratio
  • 11.62%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $273,103Average earning assets
  • $15,868Average equity
  • $259,241Average loans

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