Jamestown Savings Bank in Lakewood, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 20, 2005

Jamestown Savings Bank in Lakewood, New York (NY)
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Jamestown Savings Bank - Overview

General
FDIC Certificate #: 34088
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Northwest Savings Bank (#28178)
Federal Reserve ID: 2362168
Date Established: November 09, 1995
WWW: http://www.jamestownsavingsbank.com
Bank Charter Class: Savings banks, state charter, supervised by the FDIC
Offices: 10 (Interstate: No)
FDIC's unique #: 56226
Numeric code: 41
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
FDIC Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: November 09, 1995
Last Structure Change Effective Date: May 20, 2005
Last Structure Change Process Date: June 06, 2005
Last Data Update: June 06, 2005
Data Source Date: April 05, 2012
Location
Address: 311 East Fairmount Avenue, Lakewood, NY 14750
County: Chautauqua
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): Jamestown, NY (#3610)
Core Based Statistical Area (CBSA): Jamestown-Dunkirk-Fredonia, NY (#27460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $421.9 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, 2004)

Dollar figures in thousands
96Total employees (full-time equivalent)
$419,150Total assets
$22,018Cash and due from depository institutions
$19,549Interest-bearing balances
$137,257Securities
$0Federal funds sold & reverse repurchase agreements
$247,761Net loans & leases
$2,382Loan loss allowance
$0Trading account assets
$9,359Bank premises and fixed assets
$177Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,578All other assets
$419,150Total liabilities and capital
$395,701Total liabilities
$394,725Total deposits
$369,511Interest-bearing deposits
$394,725Deposits held in domestic offices
0.00%% insured (estimated)
$290Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$686All other liabilities
$23,449Total equity capital
$23,449Total bank equity capital
$23,449Perpetual preferred stock
$0Common stock
$3,809Surplus
$14,683Undivided profits
Memoranda
$4,957Noncurrent loans and leases
$49,244Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$835Earning assets
$0Long-term assets (5+ years)
$1,013Average Assets, year-to-date
$404,567Average Assets, quarterly
$235,155Volatile liabilities
$391,049Insider loans
$413,869FHLB advances
$40,860Loans and leases held for sale
$959Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$49,244Total unused commitments
$0Restructured Loans and leases
$2,382Derivatives

Income and Expense (December 31, 2004)

Dollar figures in thousands
$19,245Total interest income
$8,021Total interest expense
$11,224Net interest income
$575Provision for loan and lease losses
$1,344Total noninterest income
$0Fiduciary activities
$873Service charges on deposit accounts
$0Trading account gains & fees
$471Additional noninterest income
$7,404Total noninterest expense
$3,954Salaries and employee benefits
$1,260Premises and equipment expense
$2,190Additional noninterest expense
$4,589Pre-tax net operating income
$250Securities gains (losses)
$1,514Applicable income taxes
$3,325Income before extraordinary items
$0Extraordinary gains - net
$3,325Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$45Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.11%Yield on earning assets
2.13%Cost of funding earning assets
2.98%Net interest margin
0.36%Noninterest income to earning assets
1.97%Noninterest expense to earning assets
0.81%Net operating income to assets
0.85%Return on assets (ROA)
1.24%Pretax return on assets
15.42%Return on equity (ROE)
15.42%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1277.78%Credit loss provision to net charge-offs
114.76%Efficiency ratio
58,912Assets per employee
4.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.95%Loss allowance to noncurrent loans
285.27%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.33%Net loans and leases to deposits
62.77%Net loans and leases to core deposits
69.96%Equity capital to assets
5.59%Core capital (leverage) ratio
5.71%Tier 1 risk-based capital ratio
9.29%Total risk-based capital ratio
Memoranda
$10Average assets
$391,049Average earning assets
$21,560Average equity
$376,711Average loans

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