Morebank
Philadelphia, PA — Domestic Branch of a Domestic Bank
Acquired Sep 2010
Vitals
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Total Assets72.4M 22.5 %
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Total Deposits60.5M 24.1 %
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Total Net Loans49.8M 16.7 %
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Net Income-268000.0000
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Book Value4.8M 3.2 %
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Book Value x29.5M 3.2 %
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Book Value x314.3M 3.2 %
Balance Sheet Highlights
Financial Highlights | Morebank | All Insured Commercial Banks in Pennsylvania |
Balance Sheet $(000) | ||
Total Assets | 72,395 | 535,787 |
Total Net Loans | 49,829 | 358,779 |
Total Deposits | 60,536 | 436,836 |
Total Equity | 4,759 | 52,407 |
Profitability | ||
Net Income | -268 | 1,751 |
Return on Average Assets | -.742 | .579 |
Return on Average Equity | -11.512 | 5.705 |
Net Interest Margin | 3.913 | 3.665 |
Efficiency Ratio | 102.153 | 71.849 |
Noninterest Income/Revenue | 6.125 | 15.992 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 82.313 | 79.292 |
Securities/Assets | .187 | .201 |
Total Equity/Total Assets | .066 | .098 |
Tangible Equity/Tangible Assets | .066 | .088 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 4,420 | 46,873 |
Tier 2 Capital | 618 | 4,991 |
Total Capital | 5,038 | 52,367 |
Total Risk Weighted Assets | 49,110 | 383,798 |
Leverage Ratio | 6.04 | 9.228 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9 | 13.59 |
Total Capital Ratio | 10.26 | 14.848 |
Timeline for Morebank
The Bank Of Princeton
Morebank was acquired by The Bank Of Princeton 13 years
View Profile Sep 30 2010Morebank
Morebank was established 18 years ago and is currently headquartered in Philadelphia, PA.
Mar 01 2006Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
The Bank Of Princeton | Buyer | 1,008,701 | Acquisition | Discontinued | 9/30/2010 |
Relationships | Role | Relationship Start | Relationship End |
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