Community Mutual Savings Bank in White Plains, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Community Mutual Savings Bank in White Plains, New York (NY)
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Community Mutual Savings Bank - Overview

  • General
  • FDIC Certificate #: 23047
    Status: Active
    Federal Reserve ID: 191805
    Date Established: Febuary 01, 1980
    WWW: http://www.cmsbk.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 6 (Domestic: 6, Interstate: No)
    OTS Docket #: 18040
    FDIC's unique #: 16136
    Numeric code: 34
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 01, 1980
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 123 Main Street, Suite 750, White Plains, NY 10601
    County: Westchester
    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)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $259.7 mil
    Equity capital: $19.3 mil
    Deposits held in domestic offices: $202.9 mil
    Return on assets (ROA): 0.00% ($0.0 mil)
    Quarterly return on assets: -0.30% (-$0.8 mil)
    Return on Equity (ROE): 0.00% ($0.0 mil)
    Quarterly return on equity: -4.04% (-$0.8 mil)
    Net income: $0.0 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: -0.06% (-$155.8 mil)
    Quarterly Pretax return on assets: -0.49% (-$1,272.4 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, 2011)

  • Dollar figures in thousands
  • 46Total employees (full-time equivalent)
  • $259,675Total assets
  • $9,082Cash and due from depository institutions
  • $8,348Interest-bearing balances
  • $58,819Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $182,844Net loans & leases
  • $1,022Loan loss allowance
  • $0Trading account assets
  • $2,838Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $259,675Life insurance assets
  • $6,092All other assets
  • $240,359Total liabilities and capital
  • $202,919Total liabilities
  • $178,359Total deposits
  • $202,919Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $35,910Trading liabilities
  • $0Other borrowed funds
  • $1,530Subordinated debt
  • $19,316All other liabilities
  • $19,316Total equity capital
  • $19,316Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $12,858Surplus
  • $6,457Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,807Income earned, not collected on loans
  • $0Earning assets
  • $1,142Long-term assets (5+ years)
  • $250,011Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $250,029Volatile liabilities
  • $256,361Insider loans
  • $130,184FHLB advances
  • $259,131Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,200Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,676Restructured Loans and leases
  • $48Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,456Total interest income
  • $3,807Total interest expense
  • $7,649Net interest income
  • $426Provision for loan and lease losses
  • $330Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $330Additional noninterest income
  • $7,710Total noninterest expense
  • $4,589Salaries and employee benefits
  • $1,923Premises and equipment expense
  • $1,198Additional noninterest expense
  • -$157Pre-tax net operating income
  • $0Securities gains (losses)
  • -$157Applicable income taxes
  • $0Income before extraordinary items
  • $0Extraordinary gains - net
  • $0Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $282Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.76%Yield on earning assets
  • 1.58%Cost of funding earning assets
  • 3.18%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • 0.00%Net operating income to assets
  • 0.00%Return on assets (ROA)
  • -0.06%Pretax return on assets
  • 0.00%Return on equity (ROE)
  • 0.00%Retained earnings to average equity (YTD only)
  • 0.16%Net charge-offs to loans
  • 151.06%Credit loss provision to net charge-offs
  • 0.95%Efficiency ratio
  • 96,629Assets per employee
  • 5.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 21.26%Noncurrent assets plus other real estate owned to assets
  • 1.85%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 90.11%Net loans and leases to core deposits
  • 97.60%Equity capital to assets
  • 7.44%Core capital (leverage) ratio
  • 7.41%Tier 1 risk-based capital ratio
  • 14.75%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $250,029Average earning assets
  • $19,029Average equity
  • $240,782Average loans

List of branches

  • 6 New York Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    016136Community Mutual Savings Bank123 Main Street, Suite 750, White Plains, NY 10601Febuary 01, 1980Full Service Brick and Mortar
    1255831Eastchester Branch478 White Plains Road, Eastchester, NY 10709Febuary 01, 1980Full Service Brick and Mortar
    2255832Greenburgh Branch441 Tarrytown Road, White Plains, NY 10607Febuary 01, 1980Full Service Brick and Mortar
    3255833Silver Lake Branch29 Taylor Square, East White Plains, NY 10604Febuary 01, 1980Full Service Brick and Mortar
    5496078Mount Vernon Branch40 East First Street, Mount Vernon, NY 10551April 03, 2007Full Service Brick and Mortar
    6496079Mount Kisco Branch12 South Bedford Road, Mount Kisco, NY 10549April 15, 2009Full Service Brick and Mortar

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