FDIC Certificate #: 13397 Status: Active Federal Reserve ID: 254317 Date Established: April 23, 1927 WWW:http://www.bankofutica.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 8439 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: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 222 Genesee Street, Utica, NY 13502 County: Oneida Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Syracuse Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Utica-Rome, NY (#8680) Core Based Statistical Area (CBSA): Utica-Rome, NY (#46540) CBSA Metro Statistical Area: Utica-Rome, NY (#46540)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $878.1 mil Equity capital: $130.1 mil Deposits held in domestic offices: $728.7 mil Return on assets (ROA): 1.56% ($13.7 mil) Quarterly return on assets: 1.76% ($15.5 mil) Return on Equity (ROE): 11.03% ($14.3 mil) Quarterly return on equity: 12.37% ($16.1 mil) Net income: $13.6 mil Quarterly Net income: $3.9 mil Pretax return on assets: 2.26% ($19,844.1 mil) Quarterly Pretax return on assets: 2.45% ($21,512.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
35Total employees (full-time equivalent)
$878,058Total assets
$13,229Cash and due from depository institutions
$8,541Interest-bearing balances
$798,632Securities
$0Federal funds sold & reverse repurchase agreements
$52,581Net loans & leases
$839Loan loss allowance
$0Trading account assets
$410Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$878,058Life insurance assets
$13,206All other assets
$747,977Total liabilities and capital
$728,701Total liabilities
$699,905Total deposits
$728,701Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,700Trading liabilities
$0Other borrowed funds
$10,576Subordinated debt
$130,081All other liabilities
$130,081Total equity capital
$130,081Total bank equity capital
$0Perpetual preferred stock
$5,000Common stock
$85,110Surplus
$39,971Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$190Income earned, not collected on loans
$0Earning assets
$10,144Long-term assets (5+ years)
$859,754Average Assets, year-to-date
$69,575Average Assets, quarterly
$874,703Volatile liabilities
$889,473Insider loans
$766,057FHLB advances
$906,640Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$117,486Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$24,448Restructured Loans and leases
$412Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$33,494Total interest income
$9,842Total interest expense
$23,652Net interest income
$0Provision for loan and lease losses
$459Total noninterest income
$0Fiduciary activities
$252Service charges on deposit accounts
$0Trading account gains & fees
$207Additional noninterest income
$5,444Total noninterest expense
$2,762Salaries and employee benefits
$920Premises and equipment expense
$1,762Additional noninterest expense
$18,667Pre-tax net operating income
$1,103Securities gains (losses)
$6,150Applicable income taxes
$13,620Income before extraordinary items
$0Extraordinary gains - net
$13,620Net income attributable to bank
$0Net charge-offs
$13,620Cash dividends
$1,286Sale, conversion, retirement of capital stock, net
$2,325Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.91%Yield on earning assets
1.15%Cost of funding earning assets
2.76%Net interest margin
0.05%Noninterest income to earning assets
0.64%Noninterest expense to earning assets
1.47%Net operating income to assets
1.56%Return on assets (ROA)
2.26%Pretax return on assets
11.03%Return on equity (ROE)
9.15%Retained earnings to average equity (YTD only)
2.41%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
14.52%Efficiency ratio
22,579Assets per employee
25.09%Cash dividends to net income (YTD only)
Condition Ratios (%)
17.07%Loss allowance to loans
1.57%Loss allowance to noncurrent loans
441.58%Noncurrent assets plus other real estate owned to assets
0.17%Noncurrent loans to loans
0.36%Net loans and leases to deposits
7.22%Net loans and leases to core deposits
7.46%Equity capital to assets
14.81%Core capital (leverage) ratio
12.96%Tier 1 risk-based capital ratio
15.34%Total risk-based capital ratio
Memoranda
$17Average assets
$874,703Average earning assets
$123,456Average equity
$855,685Average loans
List of branches
1 New York Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
8439
Bank Of Utica
222 Genesee Street, Utica, NY 13502
April 23, 1927
Full Service Brick and Mortar
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