The Luzerne Bank, Financial Information

AboutThe Luzerne Bank

 Address:
118 Main Street
Luzerne,PA
Luzerne County,Pennsylvania
 Established:
Jan 1907
 Number of domestic offices:
8
Total assets$528M
Net income$4M
Net income,quarterly$1M
Total deposits$452M
Domestic deposits$452M
Equity capital$56M
ROA0.84%
ROAQ,quarterly0.8%
ROA,pretax0.8%
ROAQ,quarterly,pretax0.99%
ROE7.62%
ROEQ,quarterly7.63%
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.

Founded in 1907 during the time Wilkes-Barre fueled the American Industrial Revolution and every Wyoming Valley bank boasted a local board of directors, Luzerne Bank is the last remaining of the old independent banks in Luzerne County. Today, the Greater Wyoming Valley’s economy is diversified, but Luzerne Bank continues to be managed by a local board of directors.

The Luzerne Bank continue to provide the Wyoming Valley with traditional banking services, business financing and home mortgages. Luzerne Bank has continued to keep abreast of the changes in technology over the years, in the products and services offered as well as the delivery channels through which we provide those products and services.

Luzerne Bank
118 Main St.
Luzerne, PA 18709
1-800-447-9464
Telephone Banking: 570-331-0434, 570-602-4434 (Pittston – Scranton Areas)