National Penn Bank (merged into Branch Banking and Trust Company)
National Penn Bank reported total assets of $9.6 bn at Q1 2016, its last Call Report before it merged into Branch Banking and Trust Company. The CET1 capital ratio at National Penn Bank was 10.94%, and the uninsured share of National Penn Bank was 34.16%. Source: FDIC Call Reports.
What sets National Penn Bank apart
Nothing in the latest data sets National Penn Bank apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.
How large is National Penn Bank?
The balance sheet of National Penn Bank at : assets $9.6 bn, deposits $6.9 bn, net loans $6.1 bn (loans equal to 89.02% of deposits). Securities make up 25.2% of total assets at National Penn Bank. At , National Penn Bank employed 1,428 full-time equivalent staff across 131 offices, about $6.7 mn of assets per employee and $52.7 mn of deposits per office.
How much funding at National Penn Bank is uninsured?
At National Penn Bank, uninsured deposits (above the FDIC limit) made up 34.16% of domestic deposits at . In dollars, National Penn Bank estimated $2.4 bn of uninsured deposits.
Key facts, Q1 2016
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $6.9 bn | not available | |
| Net loans and leases | $6.1 bn | not available | |
| Loan-to-deposit ratio | 89.02% | not available | |
| Tier 1 leverage ratio | 8.32% | not available | |
| Total risk-based capital ratio | 12.03% | not available | |
| Net interest margin | 3.13% | not available | |
| Return on assets (ROA) | 1.08% | not available | |
| Efficiency ratio | 60.33% | not available | |
| Unrealized gain/loss on held-to-maturity securities | Gain of $26.0 mn | not available | |
| Unrealized gain/loss on available-for-sale securities | Gain of $24.1 mn | not available | |
| Noncurrent loans to total loans | 0.59% | not available | |
| Net charge-offs to average loans | 0.09% | not available |
US rank of National Penn Bank: 1 = highest unless marked 1 = lowest.
Capital and securities
The CET1 ratio of National Penn Bank stood at 10.94% in . Equity capital of National Penn Bank at : $1.1 bn, or 11.2% of total assets. National Penn Bank also reported a total capital ratio of 12.03% for , and a tier 1 leverage ratio of 8.32%.
On held-to-maturity securities, National Penn Bank carried an unrealized gain of $26.0 mn at , equal to 2.4% of equity capital. The available-for-sale portfolio of National Penn Bank showed an unrealized gain of $24.1 mn at .
Profitability and loan quality
For the year to , National Penn Bank earned a return on equity of 9.69%; return on assets: 1.08%. Net interest margin at National Penn Bank: 3.13%. National Penn Bank net income: $26.0 mn. The efficiency ratio of National Penn Bank was 60.33%: about 60 cents cost per revenue dollar, against 66 cents at the median peer.
At , noncurrent loans were 0.59% of total loans at National Penn Bank; net charge-offs: 0.09% of average loans. Gross loans and leases at National Penn Bank: $6.2 bn.
Peer group of National Penn Bank
The peer group of National Penn Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of National Penn Bank (national bank) and 0 have head offices in Pennsylvania. Against them, National Penn Bank shows CET1 ratio 10.94% against a peer median of 12.04%, return on equity 9.69% against a peer median of 7.69% and uninsured deposit share 34.16% against a peer median of 29.80%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Eastern Bank | State nonmember bank | MA | $9.9 bn | 10.90% | 5.43% | 33.88% | |
| United Community Bank | State member bank | SC | $9.7 bn | 12.47% | 9.11% | 7.80% | |
| International Bank of Commerce | State nonmember bank | TX | $9.7 bn | 16.55% | 6.27% | 17.81% | |
| National Penn Bank | National bank | PA | $9.6 bn | 10.94% | 9.69% | 34.16% | |
| Banc of California | National bank | CA | $9.6 bn | 13.46% | 11.72% | 64.50% | |
| Banner Bank | State nonmember bank | WA | $9.5 bn | 11.60% | 5.66% | 25.72% | |
| Centennial Bank | State member bank | AR | $9.4 bn | 10.20% | 14.58% | 36.46% | |
. FDIC Call Reports.
Last eight quarters
| Metric | Q1 2016 |
|---|---|
| Total assets | $9.6 bn |
| Total deposits | $6.9 bn |
| Bank equity capital | $1.1 bn |
| CET1 ratio | 10.94% |
| Return on equity (ROE) | 9.69% |
| Uninsured share of domestic deposits | 34.16% |
| Full-time equivalent employees | 1,428 |
| Number of offices | 131 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of National Penn Bank, oldest first; figures before and after each event are not like for like.
- . Merged into Branch Banking and Trust Company (FDIC certificate 9846).
Questions and identifiers
What were the total assets of National Penn Bank?
National Penn Bank reported $9.6 bn at in its Call Report.
Is National Penn Bank the same as its holding company?
No. This page covers National Penn Bank, FDIC certificate 7414; NATIONAL PENN BANCSHARES INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is National Penn Bank profitable?
National Penn Bank reported net income of $26.0 mn for the year to ; annualized return on equity: 9.69%. So yes: National Penn Bank made a profit over these months.
When is data for National Penn Bank next updated?
National Penn Bank no longer files Call Reports; its data ends at .
Where can I check the figures for National Penn Bank?
In the FDIC BankFind Suite record for certificate 7414, and in the Call Reports of National Penn Bank (RSSD ID 802110) at the FFIEC Central Data Repository.