The Keeseville National Bank in Keeseville, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1994

The Keeseville National Bank in Keeseville, New York (NY)
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The Keeseville National Bank - Overview

General
FDIC Certificate #: 7125
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Evergreen Bank, National Association (#7073)
Federal Reserve ID: 312909
Date Established: January 01, 1871
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 5 (Interstate: No)
FDIC's unique #: 4734
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: December 01, 1994
Last Structure Change Process Date: December 12, 1994
Last Data Update: December 12, 1994
Data Source Date: April 05, 2012
Location
Address: Main Street, Keeseville, NY 12944
County: Clinton
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
Core Based Statistical Area (CBSA): Plattsburgh, NY (#38460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $138.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$48Total assets
$137,639Cash and due from depository institutions
$5,622Interest-bearing balances
$50Securities
$35,185Federal funds sold & reverse repurchase agreements
$3,200Net loans & leases
$88,990Loan loss allowance
$1,806Trading account assets
$0Bank premises and fixed assets
$1,398Other real estate owned
$1,044Goodwill and other intangibles
$2,200Life insurance assets
$0All other assets
$0Total liabilities and capital
$137,639Total liabilities
$126,327Total deposits
$125,885Interest-bearing deposits
$103,346Deposits held in domestic offices
125885.00%% insured (estimated)
$82Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$442Total equity capital
$442Total bank equity capital
$11,312Perpetual preferred stock
$0Common stock
$500Surplus
$4,690Undivided profits
Memoranda
$6,122Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,271Income earned, not collected on loans
$477Earning assets
$127,425Long-term assets (5+ years)
$45,729Average Assets, year-to-date
$141,913Average Assets, quarterly
$139,219Volatile liabilities
$2,715Insider loans
$1,653FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$8,557Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$11,312Total risk weighted assets
$95,095Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$10,292Total interest expense
$3,690Net interest income
$6,602Provision for loan and lease losses
$1,579Total noninterest income
$982Fiduciary activities
$0Service charges on deposit accounts
$657Trading account gains & fees
$0Additional noninterest income
$325Total noninterest expense
$4,083Salaries and employee benefits
$1,330Premises and equipment expense
$422Additional noninterest expense
$2,331Pre-tax net operating income
$1,922Securities gains (losses)
$0Applicable income taxes
$754Income before extraordinary items
$1,168Extraordinary gains - net
$0Net income attributable to bank
$1,168Net charge-offs
$936Cash dividends
$143Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.92%Cost of funding earning assets
2.84%Net interest margin
5.08%Noninterest income to earning assets
0.76%Noninterest expense to earning assets
3.14%Net operating income to assets
0.82%Return on assets (ROA)
0.82%Pretax return on assets
1.35%Return on equity (ROE)
10.87%Retained earnings to average equity (YTD only)
9.54%Net charge-offs to loans
1.00%Credit loss provision to net charge-offs
168.70%Efficiency ratio
53,837Assets per employee
2.87%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.24%Loss allowance to loans
1.99%Loss allowance to noncurrent loans
55.21%Noncurrent assets plus other real estate owned to assets
3.14%Noncurrent loans to loans
3.60%Net loans and leases to deposits
70.69%Net loans and leases to core deposits
72.25%Equity capital to assets
8.22%Core capital (leverage) ratio
8.05%Tier 1 risk-based capital ratio
11.90%Total risk-based capital ratio
Memoranda
$13Average assets
$141,913Average earning assets
$10,749Average equity
$129,952Average loans

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