VIST Bank (merged into Tompkins Community Bank)
VIST Bank reported total assets of $1.9 bn at Q4 2021, its last Call Report before it merged into Tompkins Community Bank. The CET1 capital ratio at VIST Bank was 12.74%, and the uninsured share of VIST Bank was 43.24%. Source: FDIC Call Reports.
What sets VIST Bank apart
Nothing in the latest data sets VIST 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 VIST Bank?
The balance sheet of VIST Bank at : assets $1.9 bn, deposits $1.7 bn, net loans $1.3 bn (loans equal to 73.07% of deposits). Securities make up 29.2% of total assets at VIST Bank. Since , when VIST Bank held $1.5 bn, its assets grew 33.8%. In the year to , deposits at VIST Bank rose 5.7% while its total assets fell 1.0%. At , VIST Bank employed 142 full-time equivalent staff across 23 offices, about $13.7 mn of assets per employee and $74.7 mn of deposits per office.
How much funding at VIST Bank is uninsured?
At VIST Bank, uninsured deposits (above the FDIC limit) made up 43.24% of domestic deposits at (+6.62 pp on a year earlier). In dollars, VIST Bank estimated $742.7 mn of uninsured deposits.
Key facts, Q4 2021
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $1.7 bn | $1.6 bn (Q4 2020) | |
| Net loans and leases | $1.3 bn | $1.3 bn (Q4 2020) | |
| Loan-to-deposit ratio | 73.07% | 82.37% (Q4 2020) | |
| Tier 1 leverage ratio | 8.37% | 8.42% (Q4 2020) | |
| Total risk-based capital ratio | 13.57% | 13.72% (Q4 2020) | |
| Net interest margin | 3.03% | 3.28% (Q4 2020) | |
| Return on assets (ROA) | 0.58% | 0.84% (Q4 2020) | |
| Efficiency ratio | 68.19% | 62.70% (Q4 2020) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $245,000 | Turned from a gain into a loss | |
| Unrealized gain/loss on available-for-sale securities | Loss of $6.2 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 0.39% | 0.39% (Q4 2020) | |
| Net charge-offs to average loans | 0.49% | -0.02% (Q4 2020) |
US rank of VIST Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
VIST Bank: assets, deposits and loans
- Total assets $1.9bn
- Deposits $1.7bn
- Net loans $1.3bn
Capital and securities
The CET1 ratio of VIST Bank stood at 12.74% in , -0.05 pp year on year. Low and high at VIST Bank since : 10.68% () to 13.09% (). Equity capital of VIST Bank at : $199.1 mn, or 10.2% of total assets. VIST Bank also reported a total capital ratio of 13.57% for , and a tier 1 leverage ratio of 8.37%.
On held-to-maturity securities, VIST Bank carried an unrealized loss of $245,000 at , equal to 0.1% of equity capital. The loss turned from a gain into a loss over the year. Its deepest point: $352,000 in . The available-for-sale portfolio of VIST Bank showed an unrealized loss of $6.2 mn at ; the loss turned from a gain into a loss over the year.
VIST Bank: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 8.4%
VIST Bank: unrealized securities gains and losses
- Available for sale -$6mn
- Held to maturity -$245,000
Profitability and loan quality
For the year to , VIST Bank earned a return on equity of 5.64%; return on assets: 0.58%. Net interest margin at VIST Bank: 3.03%, -0.25 pp in a year. VIST Bank net income: $11.5 mn, down 26.7% year on year. The efficiency ratio of VIST Bank was 68.19%: about 68 cents cost per revenue dollar, against 52 cents at the median peer.
At , noncurrent loans were 0.39% of total loans at VIST Bank; net charge-offs: 0.49% of average loans. Gross loans and leases at VIST Bank: $1.3 bn at , against $1.4 bn at .
VIST Bank: profitability
- Return on equity 5.6%
- Net interest margin 3.0%
- Return on assets 0.6%
Peer group of VIST Bank
The peer group of VIST Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of VIST Bank (state nonmember bank) and 0 have head offices in Pennsylvania. Against them, VIST Bank shows CET1 ratio 12.74% against a peer median of 12.41%, return on equity 5.64% against a peer median of 12.31% and uninsured deposit share 43.24% against a peer median of 43.51%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Vallant Bank | State nonmember bank | GA | $2.0 bn | 10.74% | 11.56% | 33.45% | |
| BTH Bank | National bank | TX | $2.0 bn | not reported | 9.88% | 52.72% | |
| Texas Regional Bank | State member bank | TX | $2.0 bn | 14.03% | 13.06% | 52.14% | |
| VIST Bank | State nonmember bank | PA | $1.9 bn | 12.74% | 5.64% | 43.24% | |
| Habib American Bank | State nonmember bank | NY | $1.9 bn | 16.63% | 13.43% | 78.73% | |
| St. Charles Bank & Trust Company | National bank | IL | $1.9 bn | 10.80% | 10.33% | 34.88% | |
| Celtic Bank | State nonmember bank | UT | $1.9 bn | not reported | 31.37% | 0.00% | |
. FDIC Call Reports.
Last eight quarters
Two years at VIST Bank, to : assets $1.7 bn to $1.9 bn, deposits $1.3 bn to $1.7 bn, equity $197.7 mn to $199.1 mn. Staff 152 to 142.
| Metric | Q1 2020 | Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $1.7 bn | $1.9 bn | $2.0 bn | $2.0 bn | $2.0 bn | $2.0 bn | $2.0 bn | $1.9 bn |
| Total deposits | $1.3 bn | $1.5 bn | $1.6 bn | $1.6 bn | $1.7 bn | $1.7 bn | $1.8 bn | $1.7 bn |
| Bank equity capital | $197.7 mn | $202.2 mn | $204.3 mn | $207.7 mn | $204.3 mn | $207.0 mn | $206.1 mn | $199.1 mn |
| CET1 ratio | 11.63% | 12.17% | 12.34% | 12.79% | 13.03% | 12.86% | 13.09% | 12.74% |
| Return on equity (ROE) | 1.45% | 6.03% | 6.92% | 7.82% | 9.99% | 9.64% | 8.11% | 5.64% |
| Uninsured share of domestic deposits | 43.52% | 42.64% | 46.56% | 36.63% | 39.53% | 41.09% | 45.05% | 43.24% |
| Full-time equivalent employees | 152 | 150 | 144 | 145 | 144 | 142 | 142 | 142 |
| Number of offices | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of VIST Bank, oldest first; figures before and after each event are not like for like.
- . Merged into Tompkins Community Bank (FDIC certificate 609).
Questions and identifiers
What were the total assets of VIST Bank?
VIST Bank reported $1.9 bn at in its Call Report.
Is VIST Bank the same as its holding company?
No. This page covers VIST Bank, FDIC certificate 7748; TOMPKINS FINANCIAL CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is VIST Bank profitable?
VIST Bank reported net income of $11.5 mn for the year to ; annualized return on equity: 5.64%. So yes: VIST Bank made a profit over these months.
When is data for VIST Bank next updated?
VIST Bank no longer files Call Reports; its data ends at .
Where can I check the figures for VIST Bank?
In the FDIC BankFind Suite record for certificate 7748, and in the Call Reports of VIST Bank (RSSD ID 678717) at the FFIEC Central Data Repository.