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


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

  • General
  • FDIC Certificate #: 30056
    Status: Active
    Federal Reserve ID: 798277
    Date Established: January 01, 1888
    WWW: http://www.fairportsavingsbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 4652
    FDIC's unique #: 42890
    Numeric code: 33
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: June 29, 1943
    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: 45 South Main St, Fairport, NY 14450
    County: Monroe
    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): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $220.2 mil
    Equity capital: $17.2 mil
    Deposits held in domestic offices: $177.2 mil
    Return on assets (ROA): -0.01% (-$0.0 mil)
    Quarterly return on assets: -0.09% (-$0.2 mil)
    Return on Equity (ROE): -0.10% (-$0.0 mil)
    Quarterly return on equity: -1.09% (-$0.2 mil)
    Net income: -$0.0 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: -0.06% (-$132.1 mil)
    Quarterly Pretax return on assets: -0.19% (-$418.3 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
  • 67Total employees (full-time equivalent)
  • $220,153Total assets
  • $8,693Cash and due from depository institutions
  • $7,842Interest-bearing balances
  • $72,623Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $128,278Net loans & leases
  • $411Loan loss allowance
  • $0Trading account assets
  • $3,654Bank premises and fixed assets
  • $0Other real estate owned
  • $32Goodwill and other intangibles
  • $220,153Life insurance assets
  • $6,873All other assets
  • $202,923Total liabilities and capital
  • $177,229Total liabilities
  • $172,734Total deposits
  • $177,229Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,732Trading liabilities
  • $0Other borrowed funds
  • $962Subordinated debt
  • $17,230All other liabilities
  • $17,230Total equity capital
  • $17,230Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $3,186Surplus
  • $14,043Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $325Income earned, not collected on loans
  • $0Earning assets
  • $859Long-term assets (5+ years)
  • $208,743Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $211,076Volatile liabilities
  • $214,812Insider loans
  • $88,323FHLB advances
  • $219,691Loans and leases held for sale
  • $3,265Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $16,768Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,236Restructured Loans and leases
  • $481Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,969Total interest income
  • $2,797Total interest expense
  • $5,172Net interest income
  • $32Provision for loan and lease losses
  • $1,232Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,232Additional noninterest income
  • $6,639Total noninterest expense
  • $3,860Salaries and employee benefits
  • $1,375Premises and equipment expense
  • $1,404Additional noninterest expense
  • -$267Pre-tax net operating income
  • $135Securities gains (losses)
  • -$115Applicable income taxes
  • -$17Income before extraordinary items
  • $0Extraordinary gains - net
  • -$17Net income attributable to bank
  • $0Net charge-offs
  • -$17Cash dividends
  • $3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.99%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 2.59%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • -0.05%Net operating income to assets
  • -0.01%Return on assets (ROA)
  • -0.06%Pretax return on assets
  • -0.10%Return on equity (ROE)
  • -0.10%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 1066.67%Credit loss provision to net charge-offs
  • -78.33%Efficiency ratio
  • 103,670Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.32%Loss allowance to noncurrent loans
  • 126.46%Noncurrent assets plus other real estate owned to assets
  • 0.15%Noncurrent loans to loans
  • 0.25%Net loans and leases to deposits
  • 72.38%Net loans and leases to core deposits
  • 74.03%Equity capital to assets
  • 7.83%Core capital (leverage) ratio
  • 7.63%Tier 1 risk-based capital ratio
  • 18.98%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $211,076Average earning assets
  • $16,976Average equity
  • $199,797Average loans

List of branches

  • 4 New York Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    042890Fairport Savings Bank45 South Main St, Fairport, NY 14450January 01, 1888Full Service Brick and Mortar
    1464074Nine Mile Point Road Branch2163 Nine Mile Point Road, Fairport, NY 14450January 06, 2003Full Service Brick and Mortar
    2518613Irondequoit Branch2118 Hudson Avenue, Rochester, NY 14617January 01, 2007Full Service Brick and Mortar
    3518614Webster Branch1075 Ridge Road , East Suite 100, Webster, NY 14580September 15, 2009Full Service Brick and Mortar

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