FDIC Certificate #: 28629 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:New York Community Bank (#16022) Federal Reserve ID: 338673 Date Established: January 01, 1899 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1989 FDIC's unique #: 41463 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: July 03, 1935 Last Structure Change Effective Date: January 31, 2001 Last Structure Change Process Date: Febuary 20, 2001 Last Data Update: Febuary 20, 2001 Data Source Date: April 05, 2012
Location
Address: 93-22 Jamaica Ave, Woodhaven, NY 11421 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: $2,708.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
642Total employees (full-time equivalent)
$2,708,529Total assets
$81,573Cash and due from depository institutions
$0Interest-bearing balances
$305,971Securities
$8,000Federal funds sold & reverse repurchase agreements
$2,181,088Net loans & leases
$17,752Loan loss allowance
$0Trading account assets
$31,449Bank premises and fixed assets
$551Other real estate owned
$432Goodwill and other intangibles
$0Life insurance assets
$99,465All other assets
$2,708,529Total liabilities and capital
$2,559,934Total liabilities
$2,110,714Total deposits
$2,012,914Interest-bearing deposits
$2,110,714Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$419,500Other borrowed funds
$0Subordinated debt
$29,720All other liabilities
$148,595Total equity capital
$148,595Total bank equity capital
$148,595Perpetual preferred stock
$0Common stock
$0Surplus
$74,932Undivided profits
Memoranda
$73,663Noncurrent loans and leases
$161,369Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,073Earning assets
$0Long-term assets (5+ years)
$14,070Average Assets, year-to-date
$2,495,059Average Assets, quarterly
$0Volatile liabilities
$2,917,589Insider loans
$2,838,735FHLB advances
$718,920Loans and leases held for sale
$12,964Unused loan commitments
$419,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$161,369Total unused commitments
$569Restructured Loans and leases
$16,322Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$210,546Total interest income
$126,327Total interest expense
$84,219Net interest income
$1,496Provision for loan and lease losses
$36,435Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$36,435Additional noninterest income
$82,484Total noninterest expense
$35,273Salaries and employee benefits
$16,404Premises and equipment expense
$30,807Additional noninterest expense
$36,674Pre-tax net operating income
-$14,600Securities gains (losses)
$21,159Applicable income taxes
$915Income before extraordinary items
$0Extraordinary gains - net
$915Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$429Sale, conversion, retirement of capital stock, net
$3,000Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.72%Yield on earning assets
4.63%Cost of funding earning assets
3.09%Net interest margin
1.34%Noninterest income to earning assets
3.02%Noninterest expense to earning assets
0.35%Net operating income to assets
0.03%Return on assets (ROA)
0.76%Pretax return on assets
0.61%Return on equity (ROE)
-1.38%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
348.72%Credit loss provision to net charge-offs
88.97%Efficiency ratio
65,465Assets per employee
4.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
327.87%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
349.93%Noncurrent assets plus other real estate owned to assets
0.21%Noncurrent loans to loans
0.23%Net loans and leases to deposits
103.33%Net loans and leases to core deposits
120.42%Equity capital to assets
5.49%Core capital (leverage) ratio
6.25%Tier 1 risk-based capital ratio
12.38%Total risk-based capital ratio
Memoranda
$14Average assets
$2,917,589Average earning assets
$151,122Average equity
$2,727,340Average loans
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