FDIC Certificate #: 28592 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank, National Association (#6989) Federal Reserve ID: 328478 Date Established: January 01, 1888 WWW:http://www.elmirabank.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1909 FDIC's unique #: 41426 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 04, 1936 Last Structure Change Effective Date: August 11, 2006 Last Structure Change Process Date: September 18, 2006 Last Data Update: September 18, 2006 Data Source Date: April 05, 2012
Location
Address: 300 West Water Street, Elmira, NY 14902 County: Chemung 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): Elmira, NY (#2335) Core Based Statistical Area (CBSA): Elmira, NY (#21300) CBSA Metro Statistical Area: Elmira, NY (#21300)
Financial Summary
Total assets: $213.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
41Total employees (full-time equivalent)
$212,193Total assets
$7,680Cash and due from depository institutions
$6,740Interest-bearing balances
$3,733Securities
$0Federal funds sold & reverse repurchase agreements
$191,956Net loans & leases
$2,575Loan loss allowance
$0Trading account assets
$2,666Bank premises and fixed assets
$0Other real estate owned
$2,149Goodwill and other intangibles
$0Life insurance assets
$4,009All other assets
$212,193Total liabilities and capital
$190,634Total liabilities
$144,164Total deposits
$129,029Interest-bearing deposits
$144,164Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$45,440Other borrowed funds
$0Subordinated debt
$1,030All other liabilities
$21,559Total equity capital
$21,559Total bank equity capital
$21,559Perpetual preferred stock
$0Common stock
$100Surplus
$2,213Undivided profits
Memoranda
$19,246Noncurrent loans and leases
$16,235Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$664Earning assets
$0Long-term assets (5+ years)
$864Average Assets, year-to-date
$202,429Average Assets, quarterly
$0Volatile liabilities
$212,502Insider loans
$213,378FHLB advances
$92,362Loans and leases held for sale
$1,231Unused loan commitments
$45,440Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,235Total unused commitments
$0Restructured Loans and leases
$2,112Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$12,398Total interest income
$4,973Total interest expense
$7,425Net interest income
$120Provision for loan and lease losses
$1,060Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,060Additional noninterest income
$4,485Total noninterest expense
$2,877Salaries and employee benefits
$867Premises and equipment expense
$741Additional noninterest expense
$3,880Pre-tax net operating income
$620Securities gains (losses)
$1,532Applicable income taxes
$2,968Income before extraordinary items
$0Extraordinary gains - net
$2,968Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$62Sale, conversion, retirement of capital stock, net
$1,200Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
2.45%Cost of funding earning assets
3.67%Net interest margin
0.52%Noninterest income to earning assets
2.21%Noninterest expense to earning assets
1.20%Net operating income to assets
1.40%Return on assets (ROA)
2.12%Pretax return on assets
14.32%Return on equity (ROE)
8.53%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
193.55%Credit loss provision to net charge-offs
64.52%Efficiency ratio
52,858Assets per employee
5.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.43%Loss allowance to loans
1.32%Loss allowance to noncurrent loans
387.80%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.34%Net loans and leases to deposits
133.15%Net loans and leases to core deposits
197.40%Equity capital to assets
10.16%Core capital (leverage) ratio
9.92%Tier 1 risk-based capital ratio
12.46%Total risk-based capital ratio
Memoranda
$14Average assets
$212,502Average earning assets
$20,731Average equity
$202,575Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Elmira Savings and Loan FA.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: