North Side Savings Bank in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1996

  • North Side Savings Bank in New York City, New York (NY)
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North Side Savings Bank - Overview

  • General
  • FDIC Certificate #: 16007
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: North Fork Bank (#15985)
    Federal Reserve ID: 912617
    Date Established: January 01, 1905
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 17 (Interstate: No)
    FDIC's unique #: 10237
    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: July 01, 1943
    Last Structure Change Effective Date: December 31, 1996
    Last Structure Change Process Date: January 13, 1997
    Last Data Update: January 13, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 185 West 231st Street, New York City, NY 10463
    County: Bronx
    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: $1,648.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $335Total assets
  • $1,583,448Cash and due from depository institutions
  • $101,744Interest-bearing balances
  • $90,341Securities
  • $1,028,820Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $416,189Loan loss allowance
  • $6,607Trading account assets
  • $0Bank premises and fixed assets
  • $15,100Other real estate owned
  • $2,485Goodwill and other intangibles
  • $17,756Life insurance assets
  • $1,354All other assets
  • $0Total liabilities and capital
  • $1,583,448Total liabilities
  • $1,463,224Total deposits
  • $1,227,065Interest-bearing deposits
  • $1,181,891Deposits held in domestic offices
  • 1227065.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $214,000Trading liabilities
  • $0Other borrowed funds
  • $10,838Subordinated debt
  • $0All other liabilities
  • $11,321Total equity capital
  • $11,321Total bank equity capital
  • $120,224Perpetual preferred stock
  • $0Common stock
  • $4,803Surplus
  • $86,593Undivided profits
  • Memoranda
  • $28,828Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,645Income earned, not collected on loans
  • $3,921Earning assets
  • $1,535,350Long-term assets (5+ years)
  • $823,833Average Assets, year-to-date
  • $1,576,754Average Assets, quarterly
  • $1,591,108Volatile liabilities
  • $247,632Insider loans
  • $425FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,453Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $116,928Total risk weighted assets
  • $676,669Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $109,290Total interest expense
  • $58,925Net interest income
  • $50,365Provision for loan and lease losses
  • $2,275Total noninterest income
  • $2,366Fiduciary activities
  • $0Service charges on deposit accounts
  • $889Trading account gains & fees
  • $0Additional noninterest income
  • $1,477Total noninterest expense
  • $23,545Salaries and employee benefits
  • $10,892Premises and equipment expense
  • $3,750Additional noninterest expense
  • $8,903Pre-tax net operating income
  • $26,911Securities gains (losses)
  • $3,299Applicable income taxes
  • $12,863Income before extraordinary items
  • $17,347Extraordinary gains - net
  • $0Net income attributable to bank
  • $17,347Net charge-offs
  • $7,134Cash dividends
  • $3,842Sale, conversion, retirement of capital stock, net
  • $640Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.19%Cost of funding earning assets
  • 3.88%Net interest margin
  • 3.31%Noninterest income to earning assets
  • 0.16%Noninterest expense to earning assets
  • 1.55%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.10%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 15.51%Retained earnings to average equity (YTD only)
  • 12.08%Net charge-offs to loans
  • 1.59%Credit loss provision to net charge-offs
  • 31.89%Efficiency ratio
  • 44,388Assets per employee
  • 4.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 22.15%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 117.04%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 1.34%Net loans and leases to deposits
  • 33.92%Net loans and leases to core deposits
  • 34.87%Equity capital to assets
  • 7.59%Core capital (leverage) ratio
  • 7.36%Tier 1 risk-based capital ratio
  • 17.28%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $1,576,754Average earning assets
  • $111,812Average equity
  • $1,520,485Average loans
1
Heidi Rosen Dack
⚠
My parents,Stanley Rosen and Barbara Rosen,passed away,last month…had a life insurance policy # 1216..I believe amount was$1,ooo or more…please contact me at 561-537-9280 Heid Rosen Dack…daughter

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