Jamaica Savings Bank FSB in Lynbrook, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 10, 2000

  • Jamaica Savings Bank FSB in Lynbrook, New York (NY)
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Jamaica Savings Bank FSB - Overview

  • General
  • FDIC Certificate #: 16023
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: North Fork Bank (#15985)
    Federal Reserve ID: 137111
    Date Established: January 01, 1866
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7036
    FDIC's unique #: 10252
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: March 10, 2000
    Last Structure Change Process Date: May 18, 2000
    Last Data Update: May 18, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 303 Merrick Road, Lynbrook, NY 11563
    County: Nassau
    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)
  • Financial Summary
  • Total assets: $1,576.4 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, 1999)

  • Dollar figures in thousands
  • 331Total employees (full-time equivalent)
  • $1,576,376Total assets
  • $16,868Cash and due from depository institutions
  • $428Interest-bearing balances
  • $200,260Securities
  • $22,000Federal funds sold & reverse repurchase agreements
  • $1,274,903Net loans & leases
  • $5,780Loan loss allowance
  • $0Trading account assets
  • $17,886Bank premises and fixed assets
  • $413Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $44,046All other assets
  • $1,576,376Total liabilities and capital
  • $1,227,725Total liabilities
  • $1,129,893Total deposits
  • $1,048,454Interest-bearing deposits
  • $1,129,893Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $50,000Other borrowed funds
  • $0Subordinated debt
  • $47,832All other liabilities
  • $348,651Total equity capital
  • $348,651Total bank equity capital
  • $348,651Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $89,212Undivided profits
  • Memoranda
  • $259,438Noncurrent loans and leases
  • $35,030Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $288Earning assets
  • $0Long-term assets (5+ years)
  • $7,137Average Assets, year-to-date
  • $1,497,591Average Assets, quarterly
  • $0Volatile liabilities
  • $1,592,790Insider loans
  • $1,580,718FHLB advances
  • $230,045Loans and leases held for sale
  • $1,510Unused loan commitments
  • $50,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $35,030Total unused commitments
  • $0Restructured Loans and leases
  • $36,196Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $107,273Total interest income
  • $36,999Total interest expense
  • $70,274Net interest income
  • $12Provision for loan and lease losses
  • $7,760Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,760Additional noninterest income
  • $29,909Total noninterest expense
  • $16,777Salaries and employee benefits
  • $7,561Premises and equipment expense
  • $5,571Additional noninterest expense
  • $48,113Pre-tax net operating income
  • $1,930Securities gains (losses)
  • $21,820Applicable income taxes
  • $28,223Income before extraordinary items
  • $0Extraordinary gains - net
  • $28,223Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$22Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.06%Yield on earning assets
  • 2.43%Cost of funding earning assets
  • 4.62%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 1.97%Noninterest expense to earning assets
  • 1.69%Net operating income to assets
  • 1.77%Return on assets (ROA)
  • 3.14%Pretax return on assets
  • 8.42%Return on equity (ROE)
  • 8.42%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -54.55%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 38,328Assets per employee
  • 4.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.45%Loss allowance to noncurrent loans
  • 2006.94%Noncurrent assets plus other real estate owned to assets
  • 0.03%Noncurrent loans to loans
  • 0.02%Net loans and leases to deposits
  • 112.83%Net loans and leases to core deposits
  • 134.22%Equity capital to assets
  • 22.12%Core capital (leverage) ratio
  • 20.48%Tier 1 risk-based capital ratio
  • 23.33%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $1,592,790Average earning assets
  • $335,116Average equity
  • $1,519,961Average loans
1
George T Allen Jr.
Aug 25, 2022 @ 1:13 pm
Jamaica Saving Bank, are Accounts 410362 A-K and 219159 with balances of $294.26 and $495.74 respectfully still viable.If so what procedure is necessary to withdraw. I am in possession of the bank books. Thank You.

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