First National Bank of Rochester in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Rochester in Rochester, New York (NY)
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First National Bank of Rochester - Overview

General
FDIC Certificate #: 19514
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Manufacturers and Traders Trust Company (#588)
Federal Reserve ID: 803519
Date Established: November 08, 1965
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 18 (Interstate: No)
OTS Docket #: 12874
FDIC's unique #: 13314
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: November 08, 1965
Last Structure Change Effective Date: June 01, 1999
Last Structure Change Process Date: June 30, 1999
Last Data Update: June 30, 1999
Data Source Date: April 05, 2012
Location
Address: 35 State Street, Rochester, NY 14614
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)
Financial Summary
Total assets: $588.5 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, 1998)

Dollar figures in thousands
251Total employees (full-time equivalent)
$587,622Total assets
$21,163Cash and due from depository institutions
$132Interest-bearing balances
$156,714Securities
$1,500Federal funds sold & reverse repurchase agreements
$389,408Net loans & leases
$5,258Loan loss allowance
$0Trading account assets
$11,673Bank premises and fixed assets
$85Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$7,079All other assets
$587,622Total liabilities and capital
$551,707Total liabilities
$503,654Total deposits
$417,596Interest-bearing deposits
$503,654Deposits held in domestic offices
0.00%% insured (estimated)
$23,566Federal funds purchased & repurchase agreements
$0Trading liabilities
$20,484Other borrowed funds
$0Subordinated debt
$4,003All other liabilities
$35,915Total equity capital
$35,915Total bank equity capital
$35,915Perpetual preferred stock
$0Common stock
$2,624Surplus
$8,770Undivided profits
Memoranda
$24,521Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,395Earning assets
$811Long-term assets (5+ years)
$2,489Average Assets, year-to-date
$547,754Average Assets, quarterly
$226,275Volatile liabilities
$558,216Insider loans
$577,757FHLB advances
$111,486Loans and leases held for sale
$2,231Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,240Total risk weighted assets
$97,592Total unused commitments
$0Restructured Loans and leases
$379,222Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$41,307Total interest income
$18,704Total interest expense
$22,603Net interest income
$150Provision for loan and lease losses
$4,272Total noninterest income
$378Fiduciary activities
$2,110Service charges on deposit accounts
$0Trading account gains & fees
$1,784Additional noninterest income
$19,860Total noninterest expense
$10,854Salaries and employee benefits
$3,955Premises and equipment expense
$5,051Additional noninterest expense
$6,865Pre-tax net operating income
$24Securities gains (losses)
$1,765Applicable income taxes
$5,124Income before extraordinary items
$0Extraordinary gains - net
$5,124Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$472Sale, conversion, retirement of capital stock, net
$2,352Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
7.93%Yield on earning assets
3.59%Cost of funding earning assets
4.34%Net interest margin
0.82%Noninterest income to earning assets
3.81%Noninterest expense to earning assets
0.91%Net operating income to assets
0.92%Return on assets (ROA)
1.23%Pretax return on assets
14.74%Return on equity (ROE)
7.97%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
31.78%Credit loss provision to net charge-offs
14.86%Efficiency ratio
73,898Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.90%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
119.64%Noncurrent assets plus other real estate owned to assets
0.76%Noncurrent loans to loans
1.11%Net loans and leases to deposits
77.32%Net loans and leases to core deposits
93.61%Equity capital to assets
6.11%Core capital (leverage) ratio
6.04%Tier 1 risk-based capital ratio
9.33%Total risk-based capital ratio
Memoranda
$11Average assets
$558,216Average earning assets
$34,763Average equity
$520,962Average loans

First National Bank of Rochester in Rochester, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Rochester - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Rochester in Rochester, New York (NY)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Rochester - Overview

Assets and Liabilities (December 31, 1998)

Income and Expense (December 31, 1998)

Performance and Condition Ratios (December 31, 1998)

Comment about this bank, ask questions, or add new information about it:

First National Bank of Rochester in Rochester, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches