Eastbank, National Association in New York, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Eastbank, National Association - Overview

  • General
  • FDIC Certificate #: 25749
    Status: Active
    Federal Reserve ID: 98717
    Bank Holding Company (Regulatory Top Holder): Evergreen Holdings, Llc (RSSDID: 2698906, Location: New York, NY)
    Date Established: November 26, 1984
    WWW: http://www.eastbank-na.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 13767
    FDIC's unique #: 17622
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: November 26, 1984
    Last Structure Change Effective Date: Febuary 15, 2012
    Last Structure Change Process Date: Febuary 15, 2012
    Last Data Update: Febuary 15, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 183 Centre Street, New York, NY 10013
    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: $187.1 mil
    Equity capital: $25.1 mil
    Deposits held in domestic offices: $151.9 mil
    Return on assets (ROA): 0.83% ($1.6 mil)
    Quarterly return on assets: 1.31% ($2.4 mil)
    Return on Equity (ROE): 6.26% ($1.6 mil)
    Quarterly return on equity: 9.66% ($2.4 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.50% ($2,807.2 mil)
    Quarterly Pretax return on assets: 1.87% ($3,499.6 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
  • 36Total employees (full-time equivalent)
  • $187,145Total assets
  • $17,662Cash and due from depository institutions
  • $16,177Interest-bearing balances
  • $46,345Securities
  • $200Federal funds sold & reverse repurchase agreements
  • $112,648Net loans & leases
  • $2,537Loan loss allowance
  • $0Trading account assets
  • $2,010Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $187,145Life insurance assets
  • $8,280All other assets
  • $162,034Total liabilities and capital
  • $151,929Total liabilities
  • $139,903Total deposits
  • $151,929Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,815Trading liabilities
  • $0Other borrowed funds
  • $2,290Subordinated debt
  • $25,111All other liabilities
  • $25,111Total equity capital
  • $25,111Total bank equity capital
  • $0Perpetual preferred stock
  • $2,750Common stock
  • $3,251Surplus
  • $19,110Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,211Long-term assets (5+ years)
  • $175,370Average Assets, year-to-date
  • $71,732Average Assets, quarterly
  • $185,008Volatile liabilities
  • $183,356Insider loans
  • $146,915FHLB advances
  • $183,570Loans and leases held for sale
  • $4,042Unused loan commitments
  • $4,042Tier 1 (core) risk-based capital
  • $25,204Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,118Restructured Loans and leases
  • $200Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,414Total interest income
  • $2,180Total interest expense
  • $7,234Net interest income
  • $80Provision for loan and lease losses
  • $293Total noninterest income
  • $0Fiduciary activities
  • $88Service charges on deposit accounts
  • $0Trading account gains & fees
  • $205Additional noninterest income
  • $4,678Total noninterest expense
  • $2,409Salaries and employee benefits
  • $1,353Premises and equipment expense
  • $916Additional noninterest expense
  • $2,769Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,236Applicable income taxes
  • $1,533Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,533Net income attributable to bank
  • $0Net charge-offs
  • $1,533Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.54%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.25%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.75%Noninterest expense to earning assets
  • 0.83%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 6.26%Return on equity (ROE)
  • 6.26%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
  • 62,150Assets per employee
  • 5.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.20%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
  • 74.15%Net loans and leases to core deposits
  • 76.15%Equity capital to assets
  • 13.42%Core capital (leverage) ratio
  • 13.73%Tier 1 risk-based capital ratio
  • 17.16%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $185,008Average earning assets
  • $24,479Average equity
  • $170,081Average loans

List of branches

  • 2 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017622Eastbank, National Association183 Centre Street, New York, NY 10013November 26, 1984Full Service Brick and Mortar
    1477440Flushing Branch136-81 Roosevelt Avenue, Flushing, NY 11354May 27, 1987Limited Service Facility

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