Fleet Bank in Melville, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1994

  • Fleet Bank in Melville, New York (NY)
  • Show street view No street view available for this location

Fleet Bank - Overview

  • General
  • FDIC Certificate #: 22071
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Fleet Bank (#6938)
    Federal Reserve ID: 492100
    Date Established: June 07, 1975
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 74 (Interstate: No)
    FDIC's unique #: 15323
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 07, 1975
    Last Structure Change Effective Date: July 01, 1994
    Last Structure Change Process Date: August 09, 1994
    Last Data Update: August 09, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Broad Hollow Road, Melville, NY 11747
    County: Suffolk
    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): Nassau-Suffolk, NY (#5380)
    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: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,933.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $921Total assets
  • $2,794,800Cash and due from depository institutions
  • $175,619Interest-bearing balances
  • $0Securities
  • $1,076,028Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $1,355,966Loan loss allowance
  • $109,970Trading account assets
  • $0Bank premises and fixed assets
  • $81,788Other real estate owned
  • $12,149Goodwill and other intangibles
  • $92,638Life insurance assets
  • $612All other assets
  • $0Total liabilities and capital
  • $2,794,800Total liabilities
  • $2,621,404Total deposits
  • $2,263,919Interest-bearing deposits
  • $1,544,413Deposits held in domestic offices
  • 2263919.00%% insured (estimated)
  • $66Federal funds purchased & repurchase agreements
  • $107,163Trading liabilities
  • $0Other borrowed funds
  • $237,241Subordinated debt
  • $0All other liabilities
  • $13,081Total equity capital
  • $13,081Total bank equity capital
  • $173,396Perpetual preferred stock
  • $0Common stock
  • $65,000Surplus
  • $82,500Undivided profits
  • Memoranda
  • $25,896Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $33,728Income earned, not collected on loans
  • $6,677Earning assets
  • $2,431,994Long-term assets (5+ years)
  • $375,221Average Assets, year-to-date
  • $2,671,699Average Assets, quarterly
  • $2,713,739Volatile liabilities
  • $423,147Insider loans
  • $9,056FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $475,771Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $172,784Total risk weighted assets
  • $1,758,130Total unused commitments
  • $0Restructured Loans and leases
  • $585,000Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $179,490Total interest expense
  • $40,344Net interest income
  • $139,146Provision for loan and lease losses
  • $10,200Total noninterest income
  • $24,200Fiduciary activities
  • $0Service charges on deposit accounts
  • $17,641Trading account gains & fees
  • $9Additional noninterest income
  • $6,550Total noninterest expense
  • $123,741Salaries and employee benefits
  • $45,636Premises and equipment expense
  • $18,095Additional noninterest expense
  • $60,010Pre-tax net operating income
  • $29,405Securities gains (losses)
  • $10,408Applicable income taxes
  • $13,274Income before extraordinary items
  • $26,539Extraordinary gains - net
  • -$281Net income attributable to bank
  • $26,258Net charge-offs
  • $22,609Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.78%Cost of funding earning assets
  • 1.75%Net interest margin
  • 6.03%Noninterest income to earning assets
  • 1.05%Noninterest expense to earning assets
  • 5.37%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 1.48%Return on equity (ROE)
  • 16.53%Retained earnings to average equity (YTD only)
  • 16.53%Net charge-offs to loans
  • 1.58%Credit loss provision to net charge-offs
  • 45.11%Efficiency ratio
  • 75,582Assets per employee
  • 3.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.50%Loss allowance to noncurrent loans
  • 326.05%Noncurrent assets plus other real estate owned to assets
  • 1.64%Noncurrent loans to loans
  • 2.30%Net loans and leases to deposits
  • 59.89%Net loans and leases to core deposits
  • 62.06%Equity capital to assets
  • 6.20%Core capital (leverage) ratio
  • 6.16%Tier 1 risk-based capital ratio
  • 9.83%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,671,699Average earning assets
  • $158,863Average equity
  • $2,306,192Average 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 Fleet Bank.
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.
Table of Contents