OnBank & Trust Co. in Syracuse, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1998

  • OnBank & Trust Co. in Syracuse, New York (NY)
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OnBank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 7319
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Manufacturers and Traders Trust Company (#588)
    Federal Reserve ID: 863915
    Date Established: December 31, 1850
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 60 (Interstate: No)
    OTS Docket #: 10975
    FDIC's unique #: 4795
    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: January 01, 1934
    Last Structure Change Effective Date: April 01, 1998
    Last Structure Change Process Date: April 08, 1998
    Last Data Update: April 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Salina Street, Syracuse, NY 13221
    County: Onondaga
    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): Syracuse, NY (#8160)
    Combined Statistical Area (CSA): Syracuse-Auburn, NY (#532)
    Core Based Statistical Area (CBSA): Syracuse, NY (#45060)
    CBSA Metro Statistical Area: Syracuse, NY (#45060)
  • Financial Summary
  • Total assets: $3,514.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 967Total employees (full-time equivalent)
  • $3,857,940Total assets
  • $115,973Cash and due from depository institutions
  • $12,825Interest-bearing balances
  • $1,611,273Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,971,984Net loans & leases
  • $28,908Loan loss allowance
  • $0Trading account assets
  • $54,690Bank premises and fixed assets
  • $2,122Other real estate owned
  • $13,389Goodwill and other intangibles
  • $0Life insurance assets
  • $88,509All other assets
  • $3,857,940Total liabilities and capital
  • $3,568,517Total liabilities
  • $3,053,500Total deposits
  • $2,699,615Interest-bearing deposits
  • $3,053,500Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $162,922Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $329,184Other borrowed funds
  • $0Subordinated debt
  • $22,911All other liabilities
  • $289,423Total equity capital
  • $289,423Total bank equity capital
  • $289,423Perpetual preferred stock
  • $0Common stock
  • $11,566Surplus
  • $279,314Undivided profits
  • Memoranda
  • $-1,457Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $17,353Earning assets
  • $1,091Long-term assets (5+ years)
  • $14,415Average Assets, year-to-date
  • $3,596,082Average Assets, quarterly
  • $2,052,805Volatile liabilities
  • $4,023,602Insider loans
  • $3,943,897FHLB advances
  • $1,262,333Loans and leases held for sale
  • $5,750Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $100,421Total risk weighted assets
  • $338,813Total unused commitments
  • $0Restructured Loans and leases
  • $2,278,281Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $281,773Total interest income
  • $165,596Total interest expense
  • $116,177Net interest income
  • $4,168Provision for loan and lease losses
  • $25,387Total noninterest income
  • $3,504Fiduciary activities
  • $8,959Service charges on deposit accounts
  • $583Trading account gains & fees
  • $12,341Additional noninterest income
  • $77,723Total noninterest expense
  • $30,513Salaries and employee benefits
  • $12,990Premises and equipment expense
  • $34,220Additional noninterest expense
  • $59,673Pre-tax net operating income
  • $5,697Securities gains (losses)
  • $23,099Applicable income taxes
  • $42,271Income before extraordinary items
  • $0Extraordinary gains - net
  • $42,271Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,705Sale, conversion, retirement of capital stock, net
  • $19,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.48%Yield on earning assets
  • 4.40%Cost of funding earning assets
  • 3.08%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.06%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 1.05%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 15.49%Return on equity (ROE)
  • 8.53%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 154.09%Credit loss provision to net charge-offs
  • 23.60%Efficiency ratio
  • 52,066Assets per employee
  • 3.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.95%Loss allowance to loans
  • 1.44%Loss allowance to noncurrent loans
  • 166.59%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.87%Net loans and leases to deposits
  • 64.58%Net loans and leases to core deposits
  • 89.43%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 7.28%Tier 1 risk-based capital ratio
  • 12.82%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $4,023,602Average earning assets
  • $272,851Average equity
  • $3,765,992Average loans

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