Citibank (New York State) in Pittsford, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 30, 2003

  • Citibank (New York State) in Pittsford, New York (NY)
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Citibank (New York State) - Overview

  • General
  • FDIC Certificate #: 7307
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citibank, National Association (#7213)
    Federal Reserve ID: 536219
    Date Established: September 01, 1912
    WWW: http://www.citibank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 22 (Interstate: No)
    FDIC's unique #: 4790
    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: January 01, 1934
    Last Structure Change Effective Date: August 30, 2003
    Last Structure Change Process Date: September 15, 2003
    Last Data Update: September 15, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 99 Garnsey Road, Pittsford, NY 14534
    County: Monroe
    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
    Metropolitan Statistical Area (MSA): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • Financial Summary
  • Total assets: $23,515.2 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, 2002)

  • Dollar figures in thousands
  • 1,152Total employees (full-time equivalent)
  • $22,151,396Total assets
  • $43,364Cash and due from depository institutions
  • $4,104Interest-bearing balances
  • $27,784Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $21,591,617Net loans & leases
  • $12,631Loan loss allowance
  • $0Trading account assets
  • $13,060Bank premises and fixed assets
  • $126Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $475,445All other assets
  • $22,151,396Total liabilities and capital
  • $20,982,021Total liabilities
  • $6,846,676Total deposits
  • $5,896,496Interest-bearing deposits
  • $6,846,676Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $670,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,845,000Other borrowed funds
  • $0Subordinated debt
  • $620,345All other liabilities
  • $1,169,375Total equity capital
  • $1,169,375Total bank equity capital
  • $1,169,375Perpetual preferred stock
  • $0Common stock
  • $14,000Surplus
  • $305,502Undivided profits
  • Memoranda
  • $849,873Noncurrent loans and leases
  • $1,457,224Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $683,381Earning assets
  • $669,515Long-term assets (5+ years)
  • $419,963Average Assets, year-to-date
  • $21,623,505Average Assets, quarterly
  • $176,108Volatile liabilities
  • $20,857,143Insider loans
  • $21,938,958FHLB advances
  • $12,071,632Loans and leases held for sale
  • $746Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,238,134Tier 2 risk-based capital
  • $1,390,132Total risk weighted assets
  • $1,457,224Total unused commitments
  • $0Restructured Loans and leases
  • $12,631Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,025,596Total interest income
  • $502,188Total interest expense
  • $523,408Net interest income
  • $15,727Provision for loan and lease losses
  • $143,613Total noninterest income
  • $0Fiduciary activities
  • $5,608Service charges on deposit accounts
  • $0Trading account gains & fees
  • $138,005Additional noninterest income
  • $279,284Total noninterest expense
  • $93,852Salaries and employee benefits
  • $13,703Premises and equipment expense
  • $171,729Additional noninterest expense
  • $372,010Pre-tax net operating income
  • $0Securities gains (losses)
  • $155,187Applicable income taxes
  • $216,823Income before extraordinary items
  • $0Extraordinary gains - net
  • $216,823Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $13,827Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 2.48%Cost of funding earning assets
  • 2.58%Net interest margin
  • 0.71%Noninterest income to earning assets
  • 1.38%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.78%Pretax return on assets
  • 20.26%Return on equity (ROE)
  • 20.26%Retained earnings to average equity (YTD only)
  • 0.07%Net charge-offs to loans
  • 113.74%Credit loss provision to net charge-offs
  • 28.04%Efficiency ratio
  • 41,870Assets per employee
  • 19.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.06%Loss allowance to noncurrent loans
  • 1.85%Noncurrent assets plus other real estate owned to assets
  • 3.09%Noncurrent loans to loans
  • 3.16%Net loans and leases to deposits
  • 315.36%Net loans and leases to core deposits
  • 317.99%Equity capital to assets
  • 5.28%Core capital (leverage) ratio
  • 6.01%Tier 1 risk-based capital ratio
  • 18.00%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $20,857,143Average earning assets
  • $1,070,410Average equity
  • $20,261,208Average loans

Bank Assets Sold and Securitized (December 31, 2002)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $442,020Other consumer loans
  • $0Commercial and industrial loans

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