FDIC Certificate #: 33142 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Marathon National Bank of New York (#32698) Federal Reserve ID: 1486704 Date Established: September 27, 1990 WWW:http://www.interbank-ny.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) OTS Docket #: 14266 FDIC's unique #: 46377 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: September 27, 1990 Last Structure Change Effective Date: January 23, 2004 Last Structure Change Process Date: Febuary 09, 2004 Last Data Update: Febuary 09, 2004 Data Source Date: April 05, 2012
Location
Address: 420 Park Avenue South, New York City, NY 10016 County: New York 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): New York, NY (#5600) 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: New York-White Plains-Wayne, NY-NJ (#35644)
Financial Summary
Total assets: $270.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
62Total employees (full-time equivalent)
$270,156Total assets
$57,943Cash and due from depository institutions
$52,985Interest-bearing balances
$45,557Securities
$20,000Federal funds sold & reverse repurchase agreements
$136,611Net loans & leases
$1,865Loan loss allowance
$0Trading account assets
$4,603Bank premises and fixed assets
$0Other real estate owned
$3,042Goodwill and other intangibles
$0Life insurance assets
$2,400All other assets
$270,156Total liabilities and capital
$245,937Total liabilities
$244,200Total deposits
$186,962Interest-bearing deposits
$244,200Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,737All other liabilities
$24,219Total equity capital
$24,219Total bank equity capital
$24,219Perpetual preferred stock
$0Common stock
$5,568Surplus
$8,352Undivided profits
Memoranda
$10,299Noncurrent loans and leases
$12,210Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,563Earning assets
$0Long-term assets (5+ years)
$1,075Average Assets, year-to-date
$255,153Average Assets, quarterly
$29,377Volatile liabilities
$274,313Insider loans
$276,062FHLB advances
$32,171Loans and leases held for sale
$4,302Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,210Total unused commitments
$0Restructured Loans and leases
$1,865Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$14,222Total interest income
$3,077Total interest expense
$11,145Net interest income
$398Provision for loan and lease losses
$1,721Total noninterest income
$0Fiduciary activities
$1,260Service charges on deposit accounts
$0Trading account gains & fees
$461Additional noninterest income
$8,691Total noninterest expense
$3,730Salaries and employee benefits
$1,420Premises and equipment expense
$3,541Additional noninterest expense
$3,777Pre-tax net operating income
$0Securities gains (losses)
$1,772Applicable income taxes
$2,005Income before extraordinary items
$0Extraordinary gains - net
$2,005Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$212Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.48%Yield on earning assets
1.18%Cost of funding earning assets
4.29%Net interest margin
0.66%Noninterest income to earning assets
3.35%Noninterest expense to earning assets
0.73%Net operating income to assets
0.73%Return on assets (ROA)
1.38%Pretax return on assets
8.63%Return on equity (ROE)
8.63%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
187.74%Credit loss provision to net charge-offs
19.69%Efficiency ratio
67,550Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
119.32%Noncurrent assets plus other real estate owned to assets
0.58%Noncurrent loans to loans
1.13%Net loans and leases to deposits
55.94%Net loans and leases to core deposits
64.43%Equity capital to assets
8.96%Core capital (leverage) ratio
7.85%Tier 1 risk-based capital ratio
13.63%Total risk-based capital ratio
Memoranda
$15Average assets
$274,313Average earning assets
$23,228Average equity
$259,673Average loans
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