Marathon National Bank of New York in Astoria, New York (NY), NJ
Overview, Financial Summary, Detailed Financial Reports, Branches


Marathon National Bank of New York - Overview

  • General
  • FDIC Certificate #: 32698
    Status: Active
    Federal Reserve ID: 1416327
    Bank Holding Company (Regulatory Top Holder): Piraeus Bank S.A. (RSSDID: 2714851, Location: Athens)
    Date Established: November 03, 1989
    WWW: http://www.mnbny.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Domestic: 13, Interstate: Yes)
    OTS Docket #: 11052
    FDIC's unique #: 45532
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: November 03, 1989
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2822 Steinway Street, Astoria, NY 11103
    County: Queens
    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)
  • History of Changes
  • Change in Location
    Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $881.4 mil
    Equity capital: $112.7 mil
    Deposits held in domestic offices: $765.2 mil
    Return on assets (ROA): 0.75% ($6.6 mil)
    Quarterly return on assets: 0.84% ($7.4 mil)
    Return on Equity (ROE): 5.73% ($6.5 mil)
    Quarterly return on equity: 6.45% ($7.3 mil)
    Net income: $6.3 mil
    Quarterly Net income: $1.8 mil
    Pretax return on assets: 1.15% ($10,135.7 mil)
    Quarterly Pretax return on assets: 1.30% ($11,457.7 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
  • 158Total employees (full-time equivalent)
  • $881,365Total assets
  • $228,562Cash and due from depository institutions
  • $216,244Interest-bearing balances
  • $51,932Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $545,619Net loans & leases
  • $9,252Loan loss allowance
  • $0Trading account assets
  • $6,584Bank premises and fixed assets
  • $1,250Other real estate owned
  • $20,887Goodwill and other intangibles
  • $881,365Life insurance assets
  • $26,531All other assets
  • $768,604Total liabilities and capital
  • $765,200Total liabilities
  • $563,003Total deposits
  • $765,200Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,404Subordinated debt
  • $112,761All other liabilities
  • $112,708Total equity capital
  • $112,708Total bank equity capital
  • $0Perpetual preferred stock
  • $8,009Common stock
  • $50,764Surplus
  • $53,935Undivided profits
  • Memoranda
  • $53Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,866Income earned, not collected on loans
  • $0Earning assets
  • $2,828Long-term assets (5+ years)
  • $813,795Average Assets, year-to-date
  • $99,756Average Assets, quarterly
  • $842,244Volatile liabilities
  • $856,594Insider loans
  • $555,641FHLB advances
  • $846,665Loans and leases held for sale
  • $8,500Unused loan commitments
  • $8,500Tier 1 (core) risk-based capital
  • $94,148Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $80,361Restructured Loans and leases
  • $11,420Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $35,590Total interest income
  • $5,481Total interest expense
  • $30,109Net interest income
  • -$639Provision for loan and lease losses
  • $2,498Total noninterest income
  • $0Fiduciary activities
  • $1,375Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,123Additional noninterest income
  • $23,089Total noninterest expense
  • $11,161Salaries and employee benefits
  • $5,036Premises and equipment expense
  • $6,892Additional noninterest expense
  • $10,157Pre-tax net operating income
  • -$488Securities gains (losses)
  • $3,387Applicable income taxes
  • $6,282Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,282Net income attributable to bank
  • $0Net charge-offs
  • $6,282Cash dividends
  • -$136Sale, conversion, retirement of capital stock, net
  • $335Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.58%Yield on earning assets
  • 0.71%Cost of funding earning assets
  • 3.88%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.97%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 5.73%Return on equity (ROE)
  • 5.42%Retained earnings to average equity (YTD only)
  • -0.03%Net charge-offs to loans
  • 469.85%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 68,044Assets per employee
  • 5.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.33%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 157.72%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 71.30%Net loans and leases to core deposits
  • 77.30%Equity capital to assets
  • 12.79%Core capital (leverage) ratio
  • 11.12%Tier 1 risk-based capital ratio
  • 16.94%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $842,244Average earning assets
  • $109,647Average equity
  • $776,341Average loans

List of branches

  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    12443112Fort Lee Branch2400 Lemoine Avenue, Fort Lee, NJ 7024June 30, 2005Full Service Brick and Mortar
  • 12 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045532Marathon National Bank Of New York2822 Steinway Street, Astoria, NY 11103November 03, 1989Full Service Brick and Mortar
    1288927Bayside Branch43 - 08 Bell Boulevard, Bayside, NY 11361December 15, 1997Full Service Brick and Mortar
    3334388Third Avenue Branch7123 3rd Avenue, Brooklyn, NY 11209May 04, 2000Full Service Brick and Mortar
    5362685Ditmars Branch33-02 Ditmars Boulevard, Astoria, NY 11105November 19, 2001Full Service Brick and Mortar
    646377Flatiron Branch267 5th Avenue, New York, NY 10016September 27, 1990Full Service Brick and Mortar
    742615Broadway Branch31-01 Broadway, Astoria, NY 11106January 01, 1888Full Service Brick and Mortar
    8289267Fourth Avenue Branch8724 Fourth Avenue, Brooklyn, NY 11209June 23, 1997Full Service Brick and Mortar
    9289268Whitestone Branch150-07 14th Avenue, Whitestone, NY 11357May 17, 1999Full Service Brick and Mortar
    10422386Fifth Avenue Branch7826 5th Avenue, Brooklyn, NY 11209December 23, 2002Full Service Brick and Mortar
    13459392Staten Island Branch1200 Forest Avenue, Staten Island, NY 10310December 18, 2006Full Service Brick and Mortar
    14465850Manhasset Branch1577 Northern Blvd, Manhasset, NY 11030June 04, 2007Full Service Brick and Mortar
    15465851Atlantic Avenue Branch399 Atlantic Avenue, Brooklyn, NY 11217Febuary 02, 2007Full Service Brick and Mortar

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