Carthage Federal Savings and Loan Association in city_name, state_name

Carthage Federal Savings and Loan Association in Carthage, New York (NY)
Show street view No street view available for this location

Carthage Federal Savings and Loan Association - Overview

General
FDIC Certificate #: 28942
Status: Active
Federal Reserve ID: 900678
Date Established: January 01, 1888
WWW: http://www.carthagesavings.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 4 (Domestic: 4, Interstate: No)
OTS Docket #: 2657
FDIC's unique #: 41776
Numeric code: 37
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: Mortgage Lending Specialization
Date of Deposit Insurance: September 19, 1951
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: 313 State St, Carthage, NY 13619
County: Jefferson
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
Core Based Statistical Area (CBSA): Watertown-Fort Drum, NY (#48060)
CBSA Micro Statistical Area: Yes
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $171.1 mil
Equity capital: $15.9 mil
Deposits held in domestic offices: $147.0 mil
Return on assets (ROA): 0.75% ($1.3 mil)
Quarterly return on assets: 0.47% ($0.8 mil)
Return on Equity (ROE): 8.16% ($1.3 mil)
Quarterly return on equity: 5.05% ($0.8 mil)
Net income: $1.3 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.12% ($1,916.0 mil)
Quarterly Pretax return on assets: 0.35% ($598.7 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
33Total employees (full-time equivalent)
$171,067Total assets
$13,182Cash and due from depository institutions
$11,555Interest-bearing balances
$8,250Securities
$0Federal funds sold & reverse repurchase agreements
$143,231Net loans & leases
$579Loan loss allowance
$0Trading account assets
$1,289Bank premises and fixed assets
$40Other real estate owned
$0Goodwill and other intangibles
$171,067Life insurance assets
$5,075All other assets
$155,211Total liabilities and capital
$147,024Total liabilities
$142,245Total deposits
$147,024Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,853Trading liabilities
$0Other borrowed funds
$334Subordinated debt
$15,856All other liabilities
$15,856Total equity capital
$15,856Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$0Surplus
$15,855Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,007Income earned, not collected on loans
$599Earning assets
$583Long-term assets (5+ years)
$163,036Average Assets, year-to-date
$0Average Assets, quarterly
$167,787Volatile liabilities
$169,325Insider loans
$83,477FHLB advances
$171,007Loans and leases held for sale
$2,941Unused loan commitments
$0Tier 1 (core) risk-based capital
$17,049Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,308Restructured Loans and leases
$1,345Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,029Total interest income
$2,525Total interest expense
$5,504Net interest income
$72Provision for loan and lease losses
$778Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$778Additional noninterest income
$4,330Total noninterest expense
$2,467Salaries and employee benefits
$676Premises and equipment expense
$1,187Additional noninterest expense
$1,880Pre-tax net operating income
$0Securities gains (losses)
$623Applicable income taxes
$1,257Income before extraordinary items
$0Extraordinary gains - net
$1,257Net income attributable to bank
$0Net charge-offs
$1,257Cash dividends
$21Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.01%Yield on earning assets
1.58%Cost of funding earning assets
3.43%Net interest margin
0.49%Noninterest income to earning assets
2.70%Noninterest expense to earning assets
0.75%Net operating income to assets
0.75%Return on assets (ROA)
1.12%Pretax return on assets
8.16%Return on equity (ROE)
8.16%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
342.86%Credit loss provision to net charge-offs
92.95%Efficiency ratio
68,927Assets per employee
5.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.40%Loss allowance to noncurrent loans
57.50%Noncurrent assets plus other real estate owned to assets
0.61%Noncurrent loans to loans
0.70%Net loans and leases to deposits
97.42%Net loans and leases to core deposits
104.73%Equity capital to assets
9.27%Core capital (leverage) ratio
9.97%Tier 1 risk-based capital ratio
20.42%Total risk-based capital ratio
Memoranda
$21Average assets
$167,787Average earning assets
$15,403Average equity
$160,240Average loans

List of branches

4 New York Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	41776	Carthage Federal Savings And Loan As	313 State St, Carthage, NY 13619	January 01, 1888	Full Service Brick and Mortar
1	495122	Watertown Branch	146 Arsenal St. Ste. 11, Watertown, NY 13601	June 30, 2003	Full Service Brick and Mortar
2	518612	Clayton Loan Production Office	325 State Street, Clayton, NY 13624	October 01, 2009	Limited Service Loan Production
3	522155	Clayton Branch	325 State Street, Clayton, NY 13624	October 01, 2009	Full Service Brick and Mortar

Carthage Federal Savings and Loan Association in Carthage, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Carthage Federal Savings and Loan Association - 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:

Carthage Federal Savings and Loan Association in Carthage, New York (NY)Overview, Financial Summary, Detailed Financial Reports, Branches

Carthage Federal Savings and Loan Association - 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:

Carthage Federal Savings and Loan Association in Carthage, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches