Cohoes Savings Bank in Cohoes, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 20, 2001

  • Cohoes Savings Bank in Cohoes, New York (NY)
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Cohoes Savings Bank - Overview

  • General
  • FDIC Certificate #: 15999
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Hudson River Bank & Trust Company (#15968)
    Federal Reserve ID: 45609
    Date Established: April 13, 1866
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 21 (Interstate: No)
    OTS Docket #: 11167
    FDIC's unique #: 10229
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: April 20, 2001
    Last Structure Change Process Date: May 21, 2001
    Last Data Update: May 21, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 75 Remsen Street, Cohoes, NY 12047
    County: Albany
    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): 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: $702.8 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
  • 193Total employees (full-time equivalent)
  • $735,082Total assets
  • $15,334Cash and due from depository institutions
  • $0Interest-bearing balances
  • $77,394Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $624,193Net loans & leases
  • $5,554Loan loss allowance
  • $0Trading account assets
  • $7,333Bank premises and fixed assets
  • $1,149Other real estate owned
  • $1,657Goodwill and other intangibles
  • $0Life insurance assets
  • $8,022All other assets
  • $735,082Total liabilities and capital
  • $632,697Total liabilities
  • $496,802Total deposits
  • $455,980Interest-bearing deposits
  • $496,802Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $23,610Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $108,261Other borrowed funds
  • $0Subordinated debt
  • $4,024All other liabilities
  • $102,385Total equity capital
  • $102,385Total bank equity capital
  • $102,385Perpetual preferred stock
  • $0Common stock
  • $95Surplus
  • $10,378Undivided profits
  • Memoranda
  • $91,912Noncurrent loans and leases
  • $58,467Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,397Earning assets
  • $0Long-term assets (5+ years)
  • $3,820Average Assets, year-to-date
  • $701,587Average Assets, quarterly
  • $328,935Volatile liabilities
  • $722,251Insider loans
  • $736,670FHLB advances
  • $100,945Loans and leases held for sale
  • $439Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $58,467Total unused commitments
  • $369Restructured Loans and leases
  • $5,559Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $52,829Total interest income
  • $26,573Total interest expense
  • $26,256Net interest income
  • $1,250Provision for loan and lease losses
  • $3,740Total noninterest income
  • $0Fiduciary activities
  • $958Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,782Additional noninterest income
  • $19,154Total noninterest expense
  • $11,253Salaries and employee benefits
  • $3,325Premises and equipment expense
  • $4,576Additional noninterest expense
  • $9,592Pre-tax net operating income
  • -$279Securities gains (losses)
  • $3,395Applicable income taxes
  • $5,918Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,918Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $169Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.67%Yield on earning assets
  • 3.86%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 2.78%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 6.00%Return on equity (ROE)
  • 6.00%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 739.64%Credit loss provision to net charge-offs
  • 64.15%Efficiency ratio
  • 62,972Assets per employee
  • 3.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 163.50%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.54%Net loans and leases to deposits
  • 125.64%Net loans and leases to core deposits
  • 135.85%Equity capital to assets
  • 13.93%Core capital (leverage) ratio
  • 13.86%Tier 1 risk-based capital ratio
  • 20.89%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $722,251Average earning assets
  • $98,559Average equity
  • $688,976Average loans

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