FDIC Certificate #: 29272 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Investors Bank (#28892) Federal Reserve ID: 669872 Date Established: January 01, 1887 WWW:http://www.brooklynbank.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 5 (Domestic: 5, Interstate: No) OTS Docket #: 3198 FDIC's unique #: 42106 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: September 12, 1935 Last Structure Change Effective Date: January 07, 2012 Last Structure Change Process Date: Febuary 27, 2012 Last Data Update: Febuary 27, 2012 Data Source Date: April 05, 2012
Location
Address: 81 Court Street, Brooklyn, NY 11201 County: Kings 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: $440.2 mil Equity capital: $41.5 mil Deposits held in domestic offices: $385.7 mil Return on assets (ROA): 1.88% ($8.3 mil) Quarterly return on assets: 3.88% ($17.1 mil) Return on Equity (ROE): 24.17% ($10.2 mil) Quarterly return on equity: 43.89% ($18.4 mil) Net income: $8.8 mil Quarterly Net income: $4.4 mil Pretax return on assets: 2.62% ($11,532.2 mil) Quarterly Pretax return on assets: 3.96% ($17,430.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
80Total employees (full-time equivalent)
$440,162Total assets
$29,412Cash and due from depository institutions
$28,046Interest-bearing balances
$170,528Securities
$0Federal funds sold & reverse repurchase agreements
$232,885Net loans & leases
$4,071Loan loss allowance
$0Trading account assets
$1,325Bank premises and fixed assets
$0Other real estate owned
$73Goodwill and other intangibles
$440,162Life insurance assets
$5,939All other assets
$398,640Total liabilities and capital
$385,679Total liabilities
$367,714Total deposits
$385,679Interest-bearing deposits
$98Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,535Trading liabilities
$0Other borrowed funds
$2,426Subordinated debt
$41,522All other liabilities
$41,522Total equity capital
$41,522Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$20,533Surplus
$20,988Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$81,558Income earned, not collected on loans
$0Earning assets
$1,108Long-term assets (5+ years)
$431,459Average Assets, year-to-date
$0Average Assets, quarterly
$465,622Volatile liabilities
$449,442Insider loans
$250,464FHLB advances
$438,052Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$39,412Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$20,018Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$16,533Total interest income
$5,747Total interest expense
$10,786Net interest income
-$14,964Provision for loan and lease losses
$861Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$861Additional noninterest income
$12,967Total noninterest expense
$7,403Salaries and employee benefits
$2,744Premises and equipment expense
$2,820Additional noninterest expense
$13,644Pre-tax net operating income
-$1,448Securities gains (losses)
$3,421Applicable income taxes
$8,775Income before extraordinary items
$0Extraordinary gains - net
$8,775Net income attributable to bank
$0Net charge-offs
$8,775Cash dividends
$3,836Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.76%Yield on earning assets
1.31%Cost of funding earning assets
2.45%Net interest margin
0.20%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
2.11%Net operating income to assets
1.88%Return on assets (ROA)
2.62%Pretax return on assets
24.17%Return on equity (ROE)
24.17%Retained earnings to average equity (YTD only)
1.27%Net charge-offs to loans
-390.09%Credit loss provision to net charge-offs
-0.34%Efficiency ratio
111,333Assets per employee
5.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.72%Loss allowance to noncurrent loans
4.99%Noncurrent assets plus other real estate owned to assets
18.53%Noncurrent loans to loans
34.42%Net loans and leases to deposits
60.38%Net loans and leases to core deposits
61.93%Equity capital to assets
9.43%Core capital (leverage) ratio
9.00%Tier 1 risk-based capital ratio
15.74%Total risk-based capital ratio
Memoranda
$17Average assets
$465,622Average earning assets
$36,299Average equity
$440,270Average loans
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