Commercial Bank and Trust of PA, Financial Information

About Commercial Bank and Trust of PA

 Address:
900 Ligonier Street
Latrobe, PA
Westmoreland County, Pennsylvania
 Established:
May 1934
 Number of domestic offices:
9
Total assets$425M
Net income$6M
Net income, quarterly$2M
Total deposits$351M
Domestic deposits$351M
Equity capital$69M
ROA1.35%
ROAQ, quarterly2.35%
ROA, pretax2.35%
ROAQ, quarterly, pretax2.89%
ROE8.75%
ROEQ, quarterly14.64%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Commercial Bank & Trust of PA opened its doors for business in May 1934 at the Latrobe office of the former Peoples National Bank, a building that serves still today as the bank's main retail office and administrative headquarters. The bank was organized with a total capitalization of $193,250.

From its very inception, Commercial Bank & Trust has been an institution that has been responsive to the needs of its community and its customers. With the success in fulfilling these needs, a tradition for service excellence was born which now has continued for more than 75 years.

Through the years, Commercial Bank & Trust established a strong reputation for leadership in the development of a wide range of banking and financial services. To provide round-the-clock service, automatic teller machines (ATMs) are available at all of its community banking offices and at a number of offsite locations.

Even easier access to accounts is available through the bank's TouchTone Teller service. Customers use the system to inquire about account balances, transfer funds, find out what checks have cleared and get faxes of 30-day account activity - all by phone. The ease of access continues with the bank's Online Banking and Bill Pay systems that provide an electronic bill pay service and the ability to conduct business by personal computer via the Internet.

In a continuing effort to offer customers convenient products and services, the bank has an Asset Management & Trust Division which helps clients plan for their financial futures. Commercial Bank & Trust of PA operates a network of ten community offices with facilities in Greensburg, Hempfield Township, Latrobe (Downtown and Lincoln Road), Ligonier, North Huntingdon, Unity Township (Lawson Heights and Pleasant Unity) and West Newton.

Courthouse Square Office
19 North Main Street
Greensburg, PA 15601
724-836-7699
724-836-7697 (fax)

Eastgate Office
867 Georges Station Road
Greensburg, PA 15601
724-836-7600
724-836-7604 (fax)

Latrobe Office
900 Ligonier Street
Latrobe, PA 15650
724-539-3501
724-537-9966 (fax)
P.O. Box 429

Lawson Heights Office
11 Terry Way
Latrobe, PA 15650
724-539-9774
724-539-3523 (fax)

Ligonier Office
201 West Main Street
Ligonier, PA 15658
724-238-9538
724-238-9530 (fax)

Lincoln Road Office, Lincoln Road Shopping Center
1920 Lincoln Avenue
Latrobe, PA 15650
724-537-9980
724-537-9982 (fax)

Norwin Hills Office, Norwin Hills Shopping Center
8775 Norwin Avenue
North Huntingdon, PA 15642
724-864-7536
724-864-7531 (fax)

Pleasant Unity Office
2059 Route 130
Pleasant Unity, PA 15676
724-423-5222
724-423-1155 (fax)

West Newton Office
109 East Main Street
West Newton, PA 15089
724-872-5100
724-872-5143 (fax)

West Point Office, West Point Plaza
106 West Point Dr.
Greensburg, PA 15601
724-552-0137
724-552-0145 (fax)