FDIC Certificate #: 15998 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Troy Savings Bank (#16073) Federal Reserve ID: 29403 Date Established: January 01, 1868 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 13495 FDIC's unique #: 10228 Numeric code: 43 Regulator: OTS Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: July 01, 1943 Last Structure Change Effective Date: November 10, 2000 Last Structure Change Process Date: December 08, 2000 Last Data Update: December 08, 2000 Data Source Date: April 05, 2012
Location
Address: 341 Main Street, Catskill, NY 12414 County: Greene 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
Financial Summary
Total assets: $304.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
75Total employees (full-time equivalent)
$342,452Total assets
$5,138Cash and due from depository institutions
$117Interest-bearing balances
$155,418Securities
$0Federal funds sold & reverse repurchase agreements
$157,358Net loans & leases
$2,140Loan loss allowance
$0Trading account assets
$3,793Bank premises and fixed assets
$107Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$20,638All other assets
$342,452Total liabilities and capital
$295,091Total liabilities
$223,915Total deposits
$210,874Interest-bearing deposits
$223,915Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$69,444Other borrowed funds
$0Subordinated debt
$1,732All other liabilities
$47,361Total equity capital
$47,361Total bank equity capital
$47,361Perpetual preferred stock
$0Common stock
$57Surplus
$28,253Undivided profits
Memoranda
$19,051Noncurrent loans and leases
$6,838Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$539Earning assets
$0Long-term assets (5+ years)
$953Average Assets, year-to-date
$312,893Average Assets, quarterly
$0Volatile liabilities
$330,678Insider loans
$339,910FHLB advances
$93,232Loans and leases held for sale
$107Unused loan commitments
$65,350Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$6,838Total unused commitments
$107Restructured Loans and leases
$2,140Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$21,661Total interest income
$11,066Total interest expense
$10,595Net interest income
$195Provision for loan and lease losses
$1,182Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,182Additional noninterest income
$5,991Total noninterest expense
$3,693Salaries and employee benefits
$647Premises and equipment expense
$1,651Additional noninterest expense
$5,591Pre-tax net operating income
-$159Securities gains (losses)
$1,251Applicable income taxes
$4,181Income before extraordinary items
$0Extraordinary gains - net
$4,181Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$39Sale, conversion, retirement of capital stock, net
$9,000Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.06%Yield on earning assets
3.61%Cost of funding earning assets
3.45%Net interest margin
0.39%Noninterest income to earning assets
1.95%Noninterest expense to earning assets
1.30%Net operating income to assets
1.26%Return on assets (ROA)
1.64%Pretax return on assets
7.93%Return on equity (ROE)
-9.14%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
500.00%Credit loss provision to net charge-offs
148.36%Efficiency ratio
50,870Assets per employee
4.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
215.26%Loss allowance to loans
1.34%Loss allowance to noncurrent loans
397.03%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.34%Net loans and leases to deposits
70.28%Net loans and leases to core deposits
78.63%Equity capital to assets
13.83%Core capital (leverage) ratio
14.84%Tier 1 risk-based capital ratio
29.53%Total risk-based capital ratio
Memoranda
$31Average assets
$330,678Average earning assets
$52,716Average equity
$306,791Average loans
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