FDIC Certificate #: 15980 Status: Inactive Closing history: Corrections Acquiring institution:Premier National Bank (#6964) Federal Reserve ID: 882019 Date Established: January 01, 1870 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 21 (Interstate: No) OTS Docket #: 12392 FDIC's unique #: 10211 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: July 17, 1998 Last Structure Change Process Date: July 27, 1998 Last Data Update: July 27, 1998 Data Source Date: April 05, 2012
Location
Address: 86 State Route 22, Pawling, NY 12564 County: Dutchess 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): Dutchess County, NY (#2281) 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): Poughkeepsie-Newburgh-Middletown, NY (#39100) CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $878.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
258Total employees (full-time equivalent)
$877,749Total assets
$13,864Cash and due from depository institutions
$0Interest-bearing balances
$239,100Securities
$29,100Federal funds sold & reverse repurchase agreements
$565,352Net loans & leases
$9,801Loan loss allowance
$0Trading account assets
$9,726Bank premises and fixed assets
$606Other real estate owned
$7,375Goodwill and other intangibles
$0Life insurance assets
$12,626All other assets
$877,749Total liabilities and capital
$804,979Total liabilities
$798,676Total deposits
$730,815Interest-bearing deposits
$798,676Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$6,303All other liabilities
$72,770Total equity capital
$72,770Total bank equity capital
$72,770Perpetual preferred stock
$0Common stock
$0Surplus
$37,768Undivided profits
Memoranda
$35,002Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,922Earning assets
$0Long-term assets (5+ years)
$3,729Average Assets, year-to-date
$833,552Average Assets, quarterly
$213,678Volatile liabilities
$874,337Insider loans
$878,451FHLB advances
$55,474Loans and leases held for sale
$736Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$463Total risk weighted assets
$104,920Total unused commitments
$0Restructured Loans and leases
$487,975Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$68,367Total interest income
$34,743Total interest expense
$33,624Net interest income
$1,975Provision for loan and lease losses
$3,453Total noninterest income
$0Fiduciary activities
$2,063Service charges on deposit accounts
$0Trading account gains & fees
$1,390Additional noninterest income
$20,414Total noninterest expense
$10,533Salaries and employee benefits
$2,745Premises and equipment expense
$7,136Additional noninterest expense
$14,688Pre-tax net operating income
$15Securities gains (losses)
$5,822Applicable income taxes
$8,881Income before extraordinary items
$0Extraordinary gains - net
$8,881Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,405Sale, conversion, retirement of capital stock, net
$2,601Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.27%Yield on earning assets
4.20%Cost of funding earning assets
4.06%Net interest margin
0.42%Noninterest income to earning assets
2.47%Noninterest expense to earning assets
1.01%Net operating income to assets
1.02%Return on assets (ROA)
1.68%Pretax return on assets
12.77%Return on equity (ROE)
9.03%Retained earnings to average equity (YTD only)
0.24%Net charge-offs to loans
140.57%Credit loss provision to net charge-offs
11.86%Efficiency ratio
51,280Assets per employee
3.40%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.29%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
165.50%Noncurrent assets plus other real estate owned to assets
My mother recently passed away & her join savings account with my brother Sidney seems like it was never closed, since I'm Sidney guardian, "How do I check on this situation?" Thank you Michael
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