FDIC Certificate #: 27292 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:North Fork Bank (#15985) Federal Reserve ID: 1212631 Date Established: July 05, 1988 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 14 (Interstate: No) OTS Docket #: 10053 FDIC's unique #: 39439 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: July 05, 1988 Last Structure Change Effective Date: November 09, 2001 Last Structure Change Process Date: December 11, 2001 Last Data Update: December 11, 2001 Data Source Date: April 05, 2012
Location
Address: 320 Park Avenue, New York City, NY 10022 County: New York Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: New York City Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): New York, NY (#5600) Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70) Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408) Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
Financial Summary
Total assets: $1,304.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
282Total employees (full-time equivalent)
$1,526,083Total assets
$36,072Cash and due from depository institutions
$439Interest-bearing balances
$833,749Securities
$98,500Federal funds sold & reverse repurchase agreements
$468,617Net loans & leases
$5,632Loan loss allowance
$14Trading account assets
$10,124Bank premises and fixed assets
$0Other real estate owned
$14,170Goodwill and other intangibles
$0Life insurance assets
$64,837All other assets
$1,526,083Total liabilities and capital
$1,425,059Total liabilities
$1,345,170Total deposits
$1,118,534Interest-bearing deposits
$1,078,032Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$19Trading liabilities
$1,446Other borrowed funds
$0Subordinated debt
$78,424All other liabilities
$101,024Total equity capital
$101,024Total bank equity capital
$101,024Perpetual preferred stock
$0Common stock
$26,499Surplus
$31,147Undivided profits
Memoranda
$43,378Noncurrent loans and leases
$19,829Noncurrent 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)
$3,745Average Assets, year-to-date
$1,401,305Average Assets, quarterly
$532,982Volatile liabilities
$1,386,150Insider loans
$1,440,976FHLB advances
$631,622Loans and leases held for sale
$26Unused loan commitments
$0Tier 1 (core) risk-based capital
$69,451Tier 2 risk-based capital
$0Total risk weighted assets
$19,829Total unused commitments
$813Restructured Loans and leases
$5,632Derivatives
$85,555Total assets and liabilities in foreign offices
Income and Expense (December 31, 2000)
Dollar figures in thousands
$93,287Total interest income
$49,562Total interest expense
$43,725Net interest income
$480Provision for loan and lease losses
$16,132Total noninterest income
$2,595Fiduciary activities
$3,073Service charges on deposit accounts
$347Trading account gains & fees
$10,117Additional noninterest income
$43,742Total noninterest expense
$19,460Salaries and employee benefits
$12,467Premises and equipment expense
$11,815Additional noninterest expense
$15,635Pre-tax net operating income
$14Securities gains (losses)
$5,799Applicable income taxes
$9,850Income before extraordinary items
$0Extraordinary gains - net
$9,850Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$142Sale, conversion, retirement of capital stock, net
$1,802Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.41%Yield on earning assets
3.94%Cost of funding earning assets
3.47%Net interest margin
1.28%Noninterest income to earning assets
3.47%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
1.13%Pretax return on assets
10.94%Return on equity (ROE)
8.94%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
338.03%Credit loss provision to net charge-offs
113.49%Efficiency ratio
71,096Assets per employee
5.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.29%Loss allowance to loans
1.19%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
34.84%Net loans and leases to core deposits
65.54%Equity capital to assets
6.62%Core capital (leverage) ratio
5.93%Tier 1 risk-based capital ratio
11.61%Total risk-based capital ratio
Memoranda
$12Average assets
$1,386,150Average earning assets
$90,012Average equity
$1,258,982Average loans
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