Peoples Westchester Savings Bank in Hawthorne, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 30, 1993

  • Peoples Westchester Savings Bank in Hawthorne, New York (NY)
  • Show street view No street view available for this location

Peoples Westchester Savings Bank - Overview

  • General
  • FDIC Certificate #: 16044
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Fidelity Bank, National Association (#33601)
    Federal Reserve ID: 1012318
    Date Established: September 10, 1853
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 31 (Interstate: No)
    OTS Docket #: 8471
    FDIC's unique #: 10272
    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 30, 1993
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 3 Skyline Drive, Hawthorne, NY 10532
    County: Westchester
    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: $1,696.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $565Total assets
  • $1,797,273Cash and due from depository institutions
  • $40,923Interest-bearing balances
  • $0Securities
  • $657,607Federal funds sold & reverse repurchase agreements
  • $56,239Net loans & leases
  • $969,885Loan loss allowance
  • $10,882Trading account assets
  • $0Bank premises and fixed assets
  • $16,724Other real estate owned
  • $4,003Goodwill and other intangibles
  • $48,900Life insurance assets
  • $2,992All other assets
  • $0Total liabilities and capital
  • $1,797,273Total liabilities
  • $1,631,011Total deposits
  • $1,569,983Interest-bearing deposits
  • $1,473,330Deposits held in domestic offices
  • 1569983.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $21,100Trading liabilities
  • $0Other borrowed funds
  • $28,500Subordinated debt
  • $0All other liabilities
  • $11,428Total equity capital
  • $11,428Total bank equity capital
  • $166,262Perpetual preferred stock
  • $0Common stock
  • $5,314Surplus
  • $102,410Undivided profits
  • Memoranda
  • $58,538Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34,657Income earned, not collected on loans
  • $6,856Earning assets
  • $1,683,731Long-term assets (5+ years)
  • $424,948Average Assets, year-to-date
  • $1,806,085Average Assets, quarterly
  • $1,791,317Volatile liabilities
  • $75,989Insider loans
  • $2,653FHLB advances
  • $0Loans and leases held for sale
  • $6,261Unused loan commitments
  • $107,446Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $163,272Total risk weighted assets
  • $1,191,984Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $131,944Total interest expense
  • $63,960Net interest income
  • $67,984Provision for loan and lease losses
  • $8,995Total noninterest income
  • $8,208Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,113Trading account gains & fees
  • $0Additional noninterest income
  • $5,095Total noninterest expense
  • $51,864Salaries and employee benefits
  • $23,365Premises and equipment expense
  • $8,351Additional noninterest expense
  • $20,148Pre-tax net operating income
  • $15,333Securities gains (losses)
  • $515Applicable income taxes
  • $8,728Income before extraordinary items
  • $7,120Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,120Net charge-offs
  • $7,502Cash dividends
  • $2,708Sale, conversion, retirement of capital stock, net
  • $95Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.79%Cost of funding earning assets
  • 3.78%Net interest margin
  • 4.02%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 3.06%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.39%Pretax return on assets
  • 0.88%Return on equity (ROE)
  • 4.37%Retained earnings to average equity (YTD only)
  • 2.71%Net charge-offs to loans
  • 0.72%Credit loss provision to net charge-offs
  • 119.90%Efficiency ratio
  • 66,465Assets per employee
  • 3.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 38.03%Loss allowance to loans
  • 1.11%Loss allowance to noncurrent loans
  • 31.40%Noncurrent assets plus other real estate owned to assets
  • 2.15%Noncurrent loans to loans
  • 3.53%Net loans and leases to deposits
  • 61.78%Net loans and leases to core deposits
  • 62.83%Equity capital to assets
  • 9.25%Core capital (leverage) ratio
  • 9.12%Tier 1 risk-based capital ratio
  • 13.70%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,806,085Average earning assets
  • $163,094Average equity
  • $1,692,850Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Peoples Westchester Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents