Dedication to our customers is what we do.
Dollar Bank was founded in 1855, by Charles Colton, as Prudent management has always been a cornerstone an independent community bank for everyone, focused of our strength and we are consistently rated as well on empowering the people and communities we serve. capitalized by government regulators, representing the Mr. Colton believed everyone should have access to highest category of financial strength. banking services and anyone could open an account at Dollar Bank, regardless of race, gender or creed, with As Dollar Bank continues to grow, we remain committed just one dollar. to delivering personalized solutions and service to our cherished, long-term customers, while empowering our Since then, Dollar Bank has grown to become the newer generations to do more together. largest mutual bank in the country, serving customers in western Pennsylvania, northeast Ohio and the Hampton Dollar Bank’s ongoing commitment has always Roads region of Virginia. As a mutual bank, not having differentiated us and is central to our everyday approach. shareholders allows us the ability to focus solely on our We remain steadfast in our deeper mission of empowering customers and the communities we serve. individuals, businesses and communities through financial opportunity for everyone. We understand that our strength and stability correspond directly to our customers. Dollar Bank’s Be assured that is something we will do forever. success has always been attributed to serving our customers, listening to their needs and working together to achieve their goals. We also understand that our depositors, borrowers and business owners provide us the opportunity to reinvest in the philanthropic causes important to our local communities. Jim McQuade During the first half of the 2021 fiscal year, Dollar Bank’s President & CEO financial statement reflects its continued strength and growth. Our core capital amounted to over $1.16 billion or 11.26% of our total assets.
Board of Directors
Raymond T. Betler Thomas A. Kobus Robert P. Oeler Leila L. Vespoli Former President & CEO Former EVP/ CFO & Treasurer Chairman of the Board Former EVP, Chief Legal Officer Wabtec Corporation Dollar Bank, FSB Dollar Bank, FSB First Energy Corp.
Robert E. Blackham, Atty. Robert A. Krizner Richard H. Smith, Jr. Roger E. Wright Firm President/Chairman Former Managing Partner Vice President – Chief Former VP, CNG & Former Roetzel & Andress, LPA KPMG, LLP Information Officer President, Peoples Natural Gas Wabtec Corporation Kim Tillotson Fleming James J. McQuade Chairman & CEO President & CEO Samuel J. Stephenson, CPA Hefren-Tillotson, Inc. Dollar Bank, FSB Former Firm Director Baker Tilly Virchow Krause LLP & Former Partner, ParenteBeard
A copy of Dollar Bank’s audited financial statement is available by writing to the Treasurer: Dollar Bank Accounting Department - 20 Stanwix Street, Pittsburgh, PA 15222 CAPITAL LIABILITIES ASSETS F9161 Equal Housing Lender. Member FDIC.Copyright ©2021,Dollar Bank, Federal Savings Bank. Total Risk-Based Tier IRisk-Based Tier ILeverage (Core) Capital ($ inthousands) Regulatory Capital May 31,2021($inthousands) 2021 Semi-Annual Statement ofCondition Savings Deposits: TOTAL ASSETS Other Assets: Goodwill Premises andEquipment,Net TotalAllowancefor LoanandLeaseLosses Loans Residential Loans Receivable: Investment inFederalHomeLoanBankStock Investment SecuritiesHeldtoMaturity Investment SecuritiesAvailable ForSale Cash andEquivalents TOTAL LIABILITIESANDCAPITAL Total Capital TOTAL LIABILITIES Other Liabilities: Borrowings Total Deposits Consumer Commercial Total Non-Mortgage Loans. Non-Mortgage Loans Total MortgageandHomeEquityLoans Mortgage andHomeEquityLoans Total CashandInvestmentSecurities Certificates andOtherDeposits Checking Other Assets Accrued Interest Receivable Accrued Interest PayableandOtherLiabilities Advance PaymentsbyBorrowers for Taxes andInsurance
Total OtherAssets Total LoansReceivable(Net) Other Mortgages ...... Total OtherLiabilities ...... Capital at 5/31/2021 ...... $1,162,873 $1,162,873 $1,215,517 ...... Regulatory Requirement $413,248 $469,176 $351,882 340 123,580 7,228,694 7,280,260 1,150,396 883,174 6,129,864 4,758,703 33,451 1,959,876 50,172 781,728 4,109,143 2,899,511 $ 26,054 $ 796,054 1,389,353 1,371,161 267,222 222,115 Excess Capital 30,734 47,661 $749,625 $746,341 $810,991 10,420,898 $ $ 10,420,898 $ 8,398,007 $ 2,786,664 $ 9,277,568 1,143,330 248,169 (51,566) 97,833 MSC269_21