Highland Falls Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 28417 Status: Active Federal Reserve ID: 286671 Date Established: January 01, 1926 Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 1555 FDIC's unique #: 41251 Numeric code: 38 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: All Other Specialization < 1 Billion Date of Deposit Insurance: November 30, 1934 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: 252 Main Street, Highland Falls, NY 10928 County: Orange 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): Newburgh, NY-PA (#5660) 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): Poughkeepsie-Newburgh-Middletown, NY (#39100) CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $40.0 mil Equity capital: $6.0 mil Deposits held in domestic offices: $33.3 mil Return on assets (ROA): -0.39% (-$0.2 mil) Quarterly return on assets: -0.70% (-$0.3 mil) Return on Equity (ROE): -2.54% (-$0.2 mil) Quarterly return on equity: -4.65% (-$0.3 mil) Net income: -$0.2 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.37% (-$147.9 mil) Quarterly Pretax return on assets: -0.68% (-$271.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
6Total employees (full-time equivalent)
$39,982Total assets
$14,112Cash and due from depository institutions
$7,638Interest-bearing balances
$5,587Securities
$0Federal funds sold & reverse repurchase agreements
$18,366Net loans & leases
$215Loan loss allowance
$0Trading account assets
$302Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$39,982Life insurance assets
$1,615All other assets
$33,944Total liabilities and capital
$33,324Total liabilities
$31,545Total deposits
$33,324Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$620Subordinated debt
$6,038All other liabilities
$6,038Total equity capital
$6,038Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$6,038Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,124Income earned, not collected on loans
$0Earning assets
$89Long-term assets (5+ years)
$31,591Average Assets, year-to-date
$0Average Assets, quarterly
$40,139Volatile liabilities
$40,604Insider loans
$18,860FHLB advances
$39,982Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,038Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$32Restructured Loans and leases
$333Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,333Total interest income
$415Total interest expense
$918Net interest income
$0Provision for loan and lease losses
$17Total noninterest income
$0Fiduciary activities
$8Service charges on deposit accounts
$0Trading account gains & fees
$9Additional noninterest income
$1,085Total noninterest expense
$650Salaries and employee benefits
$258Premises and equipment expense
$177Additional noninterest expense
-$150Pre-tax net operating income
$0Securities gains (losses)
$7Applicable income taxes
-$157Income before extraordinary items
$0Extraordinary gains - net
-$157Net income attributable to bank
$0Net charge-offs
-$157Cash 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)
3.88%Yield on earning assets
1.21%Cost of funding earning assets
2.67%Net interest margin
0.05%Noninterest income to earning assets
3.16%Noninterest expense to earning assets
-0.39%Net operating income to assets
-0.39%Return on assets (ROA)
-0.37%Pretax return on assets
-2.54%Return on equity (ROE)
-2.54%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
116,043Assets per employee
6.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.16%Loss allowance to noncurrent loans
19.13%Noncurrent assets plus other real estate owned to assets
2.81%Noncurrent loans to loans
6.05%Net loans and leases to deposits
55.11%Net loans and leases to core deposits
59.17%Equity capital to assets
15.10%Core capital (leverage) ratio
15.10%Tier 1 risk-based capital ratio
32.01%Total risk-based capital ratio
Memoranda
$33Average assets
$40,139Average earning assets
$6,189Average equity
$34,372Average loans
List of branches
1 New York Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
41251
Highland Falls Federal Savings And L
252 Main Street, Highland Falls, NY 10928
January 01, 1926
Full Service Brick and Mortar
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Highland Falls Federal Savings and Loan Association
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