FDIC Certificate #: 28485 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hudson City Savings Bank (#13074) Federal Reserve ID: 535678 Date Established: January 01, 1890 WWW:http://www.soundfed.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1680 FDIC's unique #: 41319 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: Febuary 13, 1935 Last Structure Change Effective Date: July 14, 2006 Last Structure Change Process Date: July 25, 2006 Last Data Update: July 25, 2006 Data Source Date: April 05, 2012
Location
Address: 1311 Mamaroneck Avenue, Suite 190, White Plains, NY 10605 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: $1,210.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
133Total employees (full-time equivalent)
$1,138,096Total assets
$12,034Cash and due from depository institutions
$0Interest-bearing balances
$329,601Securities
$44,116Federal funds sold & reverse repurchase agreements
$710,750Net loans & leases
$3,236Loan loss allowance
$0Trading account assets
$5,687Bank premises and fixed assets
$0Other real estate owned
$13,970Goodwill and other intangibles
$10,748Life insurance assets
$21,938All other assets
$1,138,096Total liabilities and capital
$1,021,082Total liabilities
$982,481Total deposits
$957,447Interest-bearing deposits
$982,481Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$35,000Other borrowed funds
$0Subordinated debt
$3,601All other liabilities
$117,014Total equity capital
$117,014Total bank equity capital
$117,014Perpetual preferred stock
$0Common stock
$0Surplus
$51,102Undivided profits
Memoranda
$65,912Noncurrent loans and leases
$75,903Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,689Earning assets
$0Long-term assets (5+ years)
$4,796Average Assets, year-to-date
$1,084,467Average Assets, quarterly
$0Volatile liabilities
$1,052,338Insider loans
$1,109,341FHLB advances
$305,594Loans and leases held for sale
$735Unused loan commitments
$35,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$75,903Total unused commitments
$0Restructured Loans and leases
$3,236Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$48,180Total interest income
$21,812Total interest expense
$26,368Net interest income
$300Provision for loan and lease losses
$1,994Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,994Additional noninterest income
$20,323Total noninterest expense
$11,741Salaries and employee benefits
$4,417Premises and equipment expense
$4,165Additional noninterest expense
$7,739Pre-tax net operating income
$0Securities gains (losses)
$3,033Applicable income taxes
$4,706Income before extraordinary items
$0Extraordinary gains - net
$4,706Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.84%Yield on earning assets
2.19%Cost of funding earning assets
2.65%Net interest margin
0.20%Noninterest income to earning assets
2.04%Noninterest expense to earning assets
0.45%Net operating income to assets
0.45%Return on assets (ROA)
0.74%Pretax return on assets
4.09%Return on equity (ROE)
4.09%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
30000.00%Credit loss provision to net charge-offs
8039.00%Efficiency ratio
71,656Assets per employee
8.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.45%Loss allowance to noncurrent loans
120.34%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.38%Net loans and leases to deposits
72.34%Net loans and leases to core deposits
99.84%Equity capital to assets
10.28%Core capital (leverage) ratio
9.43%Tier 1 risk-based capital ratio
20.13%Total risk-based capital ratio
Memoranda
$21Average assets
$1,052,338Average earning assets
$114,928Average equity
$995,894Average loans
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