Beacon Federal in city_name, state_name - Detailed Financial Reports, Location

Beacon Federal in East Syracuse, New York (NY), TN, MA
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Beacon Federal - Overview

General
FDIC Certificate #: 35329
Status: Active
Federal Reserve ID: 498184
Date Established: January 30, 1953
WWW: http://www.beaconfederal.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 7 (Domestic: 7, Interstate: Yes)
OTS Docket #: 15220
FDIC's unique #: 78235
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 01, 1999
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 6611 Manlius Center Road, East Syracuse, NY 13057
County: Onondaga
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): Syracuse, NY (#8160)
Combined Statistical Area (CSA): Syracuse-Auburn, NY (#532)
Core Based Statistical Area (CBSA): Syracuse, NY (#45060)
CBSA Metro Statistical Area: Syracuse, NY (#45060)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $1,024.7 mil
Equity capital: $105.3 mil
Deposits held in domestic offices: $686.1 mil
Return on assets (ROA): 0.63% ($6.5 mil)
Quarterly return on assets: 0.57% ($5.8 mil)
Return on Equity (ROE): 6.39% ($6.7 mil)
Quarterly return on equity: 5.73% ($6.0 mil)
Net income: $6.5 mil
Quarterly Net income: $1.5 mil
Pretax return on assets: 0.95% ($9,735.1 mil)
Quarterly Pretax return on assets: 0.92% ($9,427.7 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
143Total employees (full-time equivalent)
$1,024,749Total assets
$43,725Cash and due from depository institutions
$33,555Interest-bearing balances
$151,871Securities
$0Federal funds sold & reverse repurchase agreements
$775,688Net loans & leases
$12,678Loan loss allowance
$0Trading account assets
$12,755Bank premises and fixed assets
$1,875Other real estate owned
$790Goodwill and other intangibles
$1,024,749Life insurance assets
$38,045All other assets
$919,481Total liabilities and capital
$686,148Total liabilities
$641,777Total deposits
$686,148Interest-bearing deposits
$86Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$228,720Trading liabilities
$0Other borrowed funds
$4,613Subordinated debt
$105,268All other liabilities
$105,268Total equity capital
$105,268Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$49,567Surplus
$55,701Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$14,148Income earned, not collected on loans
$0Earning assets
$3,174Long-term assets (5+ years)
$961,114Average Assets, year-to-date
$0Average Assets, quarterly
$1,040,670Volatile liabilities
$1,047,693Insider loans
$784,164FHLB advances
$1,028,126Loans and leases held for sale
$10,994Unused loan commitments
$0Tier 1 (core) risk-based capital
$105,049Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$101,635Restructured Loans and leases
$2,125Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$50,382Total interest income
$18,797Total interest expense
$31,585Net interest income
$9,065Provision for loan and lease losses
$9,392Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$9,392Additional noninterest income
$21,660Total noninterest expense
$12,011Salaries and employee benefits
$3,106Premises and equipment expense
$6,543Additional noninterest expense
$10,252Pre-tax net operating income
-$333Securities gains (losses)
$3,409Applicable income taxes
$6,510Income before extraordinary items
$0Extraordinary gains - net
$6,510Net income attributable to bank
$0Net charge-offs
$6,510Cash dividends
$8,645Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.92%Cost of funding earning assets
3.23%Net interest margin
0.96%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
0.65%Net operating income to assets
0.63%Return on assets (ROA)
0.95%Pretax return on assets
6.39%Return on equity (ROE)
6.39%Retained earnings to average equity (YTD only)
1.07%Net charge-offs to loans
104.86%Credit loss provision to net charge-offs
2.23%Efficiency ratio
52,859Assets per employee
7.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.61%Loss allowance to noncurrent loans
89.61%Noncurrent assets plus other real estate owned to assets
1.56%Noncurrent loans to loans
1.79%Net loans and leases to deposits
113.05%Net loans and leases to core deposits
131.37%Equity capital to assets
10.27%Core capital (leverage) ratio
10.42%Tier 1 risk-based capital ratio
13.40%Total risk-based capital ratio
Memoranda
$15Average assets
$1,040,670Average earning assets
$101,803Average equity
$978,793Average loans

List of branches

1 Massachusetts Branch as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
3	290911	Chelmsford Branch	116 Chelmsford Street, Chelmsford, MA 1824	September 01, 1995	Full Service Brick and Mortar

4 New York Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	78235	Beacon Federal	6611 Manlius Center Road, East Syracuse, NY 13057	January 30, 1953	Full Service Brick and Mortar
4	290912	Marcy Branch	9085 Old River Rd., Marcy, NY 13403	July 01, 1980	Full Service Brick and Mortar
8	113349	Rome Branch	230 S James St., Rome, NY 13440	January 01, 1964	Full Service Brick and Mortar
9	518139	Court Street Road Branch	6311 Court Street Rd, East Syracuse, NY 13057	July 01, 2009	Full Service Brick and Mortar

2 Tennessee Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
1	290909	Morrison Branch	5248 Manchester Highway, Morrison, TN 37357	January 01, 1985	Full Service Brick and Mortar
5	290913	Smyrna Branch	105 Threet Industrial Rd., Smyrna, TN 37167	May 01, 1996	Full Service Brick and Mortar

Beacon Federal in East Syracuse, New York (NY), TN, MA
Overview, Financial Summary, Detailed Financial Reports, Branches

Beacon Federal - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Beacon Federal in East Syracuse, New York (NY), TN, MAOverview, Financial Summary, Detailed Financial Reports, Branches

Beacon Federal - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Beacon Federal in East Syracuse, New York (NY), TN, MA
Overview, Financial Summary, Detailed Financial Reports, Branches