Bayside Federal Savings Bank in Bayside, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 1994

  • Bayside Federal Savings Bank in Bayside, New York (NY)
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Bayside Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28922
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: North Fork Bank (#15985)
    Federal Reserve ID: 772370
    Date Established: January 01, 1921
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2628
    FDIC's unique #: 41756
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 10, 1935
    Last Structure Change Effective Date: November 30, 1994
    Last Structure Change Process Date: January 30, 1995
    Last Data Update: January 30, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 214-01 Northern Blvd, Bayside, NY 11361
    County: Queens
    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)
  • Financial Summary
  • Total assets: $973.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $255Total assets
  • $1,015,218Cash and due from depository institutions
  • $14,398Interest-bearing balances
  • $1,369Securities
  • $225,252Federal funds sold & reverse repurchase agreements
  • $27,000Net loans & leases
  • $700,983Loan loss allowance
  • $10,295Trading account assets
  • $0Bank premises and fixed assets
  • $7,538Other real estate owned
  • $3,784Goodwill and other intangibles
  • $21,775Life insurance assets
  • $14,488All other assets
  • $0Total liabilities and capital
  • $1,015,218Total liabilities
  • $938,682Total deposits
  • $917,585Interest-bearing deposits
  • $903,521Deposits held in domestic offices
  • 917585.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15,185Subordinated debt
  • $0All other liabilities
  • $5,912Total equity capital
  • $5,912Total bank equity capital
  • $76,536Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $18,011Undivided profits
  • Memoranda
  • $58,524Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,497Income earned, not collected on loans
  • $4,932Earning assets
  • $954,604Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,004,473Average Assets, quarterly
  • $1,007,440Volatile liabilities
  • $62,191Insider loans
  • $661FHLB advances
  • $13,000Loans and leases held for sale
  • $0Unused loan commitments
  • $36,579Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $69,634Total risk weighted assets
  • $608,630Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $71,607Total interest expense
  • $30,687Net interest income
  • $40,920Provision for loan and lease losses
  • $4,320Total noninterest income
  • $4,613Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $4,613Total noninterest expense
  • $22,520Salaries and employee benefits
  • $9,899Premises and equipment expense
  • $4,446Additional noninterest expense
  • $8,175Pre-tax net operating income
  • $18,693Securities gains (losses)
  • $0Applicable income taxes
  • $7,298Income before extraordinary items
  • $11,395Extraordinary gains - net
  • $3,700Net income attributable to bank
  • $15,095Net charge-offs
  • $2,295Cash dividends
  • $2,600Sale, conversion, retirement of capital stock, net
  • $220Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.55%Cost of funding earning assets
  • 3.23%Net interest margin
  • 4.31%Noninterest income to earning assets
  • 0.49%Noninterest expense to earning assets
  • 2.37%Net operating income to assets
  • 1.13%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 2.23%Return on equity (ROE)
  • 22.01%Retained earnings to average equity (YTD only)
  • 18.22%Net charge-offs to loans
  • 0.33%Credit loss provision to net charge-offs
  • 188.24%Efficiency ratio
  • 47,568Assets per employee
  • 3.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.22%Loss allowance to loans
  • 1.45%Loss allowance to noncurrent loans
  • 108.40%Noncurrent assets plus other real estate owned to assets
  • 1.31%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 76.39%Net loans and leases to core deposits
  • 80.52%Equity capital to assets
  • 7.54%Core capital (leverage) ratio
  • 6.96%Tier 1 risk-based capital ratio
  • 11.44%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,004,473Average earning assets
  • $68,591Average equity
  • $949,045Average loans

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