FDIC Certificate #: 35318 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Charter One Bank, National Association (#28932) Federal Reserve ID: 2815123 Date Established: May 28, 1999 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 78224 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 28, 1999 Last Structure Change Effective Date: May 16, 2002 Last Structure Change Process Date: June 05, 2002 Last Data Update: June 05, 2002 Data Source Date: April 05, 2012
Location
Address: 833 Broadway, Albany, NY 12207 County: Albany Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: Chicago FDIC Field Office: Syracuse Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Albany-Schenectady-Troy, NY (#160) Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104) Core Based Statistical Area (CBSA): Albany-Schenectady-Troy, NY (#10580) CBSA Metro Statistical Area: Albany-Schenectady-Troy, NY (#10580)
Financial Summary
Total assets: $257.9 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2001)
Dollar figures in thousands
3Total employees (full-time equivalent)
$316,836Total assets
$10,658Cash and due from depository institutions
$9,768Interest-bearing balances
$179,489Securities
$123,625Federal funds sold & reverse repurchase agreements
$482Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,582All other assets
$316,836Total liabilities and capital
$276,789Total liabilities
$275,541Total deposits
$274,771Interest-bearing deposits
$275,541Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,248All other liabilities
$40,047Total equity capital
$40,047Total bank equity capital
$40,047Perpetual preferred stock
$0Common stock
$11,500Surplus
$35,655Undivided profits
Memoranda
$-7,108Noncurrent loans and leases
$2,168Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$1,466Average Assets, year-to-date
$313,364Average Assets, quarterly
$155,655Volatile liabilities
$333,210Insider loans
$285,650FHLB advances
$78,867Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,168Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$17,697Total interest income
$12,529Total interest expense
$5,168Net interest income
$0Provision for loan and lease losses
-$18Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$18Additional noninterest income
$1,518Total noninterest expense
$175Salaries and employee benefits
$26Premises and equipment expense
$1,317Additional noninterest expense
$3,632Pre-tax net operating income
$0Securities gains (losses)
$1,271Applicable income taxes
$2,361Income before extraordinary items
$0Extraordinary gains - net
$2,361Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
3.80%Cost of funding earning assets
1.57%Net interest margin
-0.01%Noninterest income to earning assets
0.46%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
1.09%Pretax return on assets
6.44%Return on equity (ROE)
6.44%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
29,476Assets per employee
105.61%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.17%Net loans and leases to core deposits
0.25%Equity capital to assets
12.64%Core capital (leverage) ratio
13.72%Tier 1 risk-based capital ratio
46.21%Total risk-based capital ratio
Memoranda
$46Average assets
$333,210Average earning assets
$36,660Average equity
$329,901Average loans
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