FDIC Certificate #: 35377 Status: Active Federal Reserve ID: 2889227 Date Established: March 01, 2000 WWW:http://www.alpinecapitalbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 78845 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: March 01, 2000 Last Structure Change Effective Date: May 24, 2010 Last Structure Change Process Date: June 01, 2010 Last Data Update: June 01, 2010 Data Source Date: April 05, 2012
Location
Address: 680 Fifth Avenue, 7th Floor, New York, NY 10019 County: New York Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: New York City Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): New York, NY (#5600) Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70) Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408) Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
History of Changes
Change in Location
Financial Summary
Total assets: $243.3 mil Equity capital: $33.1 mil Deposits held in domestic offices: $203.5 mil Return on assets (ROA): 0.87% ($2.1 mil) Quarterly return on assets: 0.80% ($1.9 mil) Return on Equity (ROE): 6.24% ($2.1 mil) Quarterly return on equity: 5.79% ($1.9 mil) Net income: $2.0 mil Quarterly Net income: $0.5 mil Pretax return on assets: 0.93% ($2,262.8 mil) Quarterly Pretax return on assets: 0.81% ($1,970.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
16Total employees (full-time equivalent)
$243,314Total assets
$72,686Cash and due from depository institutions
$72,356Interest-bearing balances
$41,117Securities
$0Federal funds sold & reverse repurchase agreements
$126,363Net loans & leases
$4,489Loan loss allowance
$0Trading account assets
$1,103Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$243,314Life insurance assets
$2,045All other assets
$210,173Total liabilities and capital
$203,479Total liabilities
$143,730Total deposits
$203,479Interest-bearing deposits
$54Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$500Trading liabilities
$4,500Other borrowed funds
$1,694Subordinated debt
$33,141All other liabilities
$33,141Total equity capital
$33,141Total bank equity capital
$0Perpetual preferred stock
$7,000Common stock
$7,320Surplus
$18,821Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$934Income earned, not collected on loans
$0Earning assets
$984Long-term assets (5+ years)
$239,836Average Assets, year-to-date
$1,135Average Assets, quarterly
$230,932Volatile liabilities
$238,187Insider loans
$161,272FHLB advances
$236,248Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$33,650Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$22,233Restructured Loans and leases
$2,500Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,914Total interest income
$523Total interest expense
$6,391Net interest income
$139Provision for loan and lease losses
$457Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$457Additional noninterest income
$4,558Total noninterest expense
$2,134Salaries and employee benefits
$835Premises and equipment expense
$1,589Additional noninterest expense
$2,151Pre-tax net operating income
$7Securities gains (losses)
$142Applicable income taxes
$2,016Income before extraordinary items
$0Extraordinary gains - net
$2,016Net income attributable to bank
$0Net charge-offs
$2,016Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.04%Yield on earning assets
0.23%Cost of funding earning assets
2.81%Net interest margin
0.20%Noninterest income to earning assets
2.00%Noninterest expense to earning assets
0.87%Net operating income to assets
0.87%Return on assets (ROA)
0.93%Pretax return on assets
6.24%Return on equity (ROE)
6.24%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
66,560Assets per employee
15.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.43%Loss allowance to noncurrent loans
480.62%Noncurrent assets plus other real estate owned to assets
0.38%Noncurrent loans to loans
0.71%Net loans and leases to deposits
62.10%Net loans and leases to core deposits
82.42%Equity capital to assets
13.62%Core capital (leverage) ratio
14.24%Tier 1 risk-based capital ratio
20.87%Total risk-based capital ratio
Memoranda
$22Average assets
$230,932Average earning assets
$32,317Average equity
$227,401Average loans
List of branches
1 New York Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
78845
Alpine Capital Bank
680 Fifth Avenue, 7th Floor, New York, NY 10019
March 01, 2000
Full Service Brick and Mortar
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