The National Bank Of North East
North East, PA — Domestic Branch of a Domestic Bank
Acquired Oct 2005
Vitals
-
Total Assets66.6M -2.7 %
-
Total Deposits59.8M -2.4 %
-
Total Net Loans48.1M -2.4 %
-
Net Income
-
Book Value6.4M -5.2 %
-
Book Value x212.7M -5.2 %
-
Book Value x319.1M -5.2 %
Balance Sheet Highlights
Financial Highlights | The National Bank Of North East | All Insured Commercial Banks in Pennsylvania |
Balance Sheet $(000) | ||
Total Assets | 66,571 | 463,257 |
Total Net Loans | 48,105 | 297,850 |
Total Deposits | 59,778 | 349,764 |
Total Equity | 6,362 | 46,630 |
Profitability | ||
Net Income | — | 15,382 |
Return on Average Assets | — | 1.158 |
Return on Average Equity | — | 11.465 |
Net Interest Margin | 4.9 | 3.706 |
Efficiency Ratio | 117.486 | 66.821 |
Noninterest Income/Revenue | 13.879 | 15.983 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 80.473 | 79.305 |
Securities/Assets | .053 | .857 |
Total Equity/Total Assets | .096 | .101 |
Tangible Equity/Tangible Assets | .095 | -.098 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 6,367 | 40,755 |
Tier 2 Capital | 677 | 3,636 |
Total Capital | 7,044 | 44,429 |
Total Risk Weighted Assets | 52,962 | 331,571 |
Leverage Ratio | 9.38 | 10.058 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 12.02 | 15.4 |
Total Capital Ratio | 13.3 | 16.573 |
Timeline for The National Bank Of North East
First National Bank Of Pennsylvania
The National Bank Of North East was acquired by First National Bank Of Pennsylvania 18 years
View Profile Oct 08 2005North East Bancshares, Inc.
North East Bancshares, Inc. became a new parent organization for The National Bank Of North East.
View Profile Jun 30 1989The National Bank Of North East
The National Bank Of North East was established 116 years ago and is currently headquartered in North East, PA.
May 28 1908Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
First National Bank Of Pennsylvania | Buyer | 21,395,881 | Acquisition | Discontinued | 10/8/2005 |
Relationships | Role | Relationship Start | Relationship End |
North East Bancshares, Inc. | Parent | 6/30/1989 | 10/7/2005 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
The First National Bank Of Lacon
|
Lacon | IL | 67.0M |
Stearns Bank Upsala National Association
|
Upsala | MN | 66.9M |
Merchants Bank Of California, National Association
|
Carson | CA | 64.8M |
The Miners National Bank Of Eveleth
|
Eveleth | MN | 64.8M |
Old Dominion National Bank
|
North Garden | VA | 69.1M |
The First National Bank Of Pawnee
|
Pawnee | OK | 63.9M |
The State National Bank In West
|
West | TX | 69.1M |
The First National Bank Of Woodsboro
|
Woodsboro | TX | 65.2M |
New Horizon Bank, National Association
|
Powhatan | VA | 70.0M |
Crookston National Bank
|
Crookston | MN | 62.9M |