The Long Island Savings Bank, FSB in Syosset, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 03, 1993

  • The Long Island Savings Bank, FSB in Syosset, New York (NY)
  • Show street view No street view available for this location

The Long Island Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32151
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Long Island Savings Bank, FSB (#29037)
    Federal Reserve ID: 319300
    Date Established: December 31, 1982
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7906
    FDIC's unique #: 44985
    Numeric code: 34
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: December 31, 1982
    Last Structure Change Effective Date: September 03, 1993
    Last Structure Change Process Date: October 26, 1993
    Last Data Update: January 13, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 Jackson Avenue, Syosset, NY 11791
    County: Nassau
    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): Nassau-Suffolk, NY (#5380)
    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: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,618.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $698Total assets
  • $2,806,064Cash and due from depository institutions
  • $32,688Interest-bearing balances
  • $523Securities
  • $727,161Federal funds sold & reverse repurchase agreements
  • $88,950Net loans & leases
  • $1,723,432Loan loss allowance
  • $32,371Trading account assets
  • $0Bank premises and fixed assets
  • $71,368Other real estate owned
  • $8,233Goodwill and other intangibles
  • $138,891Life insurance assets
  • $15,341All other assets
  • $0Total liabilities and capital
  • $2,806,064Total liabilities
  • $2,538,847Total deposits
  • $2,315,530Interest-bearing deposits
  • $2,151,964Deposits held in domestic offices
  • 2315530.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $183,323Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $39,994Total equity capital
  • $39,994Total bank equity capital
  • $267,217Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $267,217Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $98,753Income earned, not collected on loans
  • $24,558Earning assets
  • $2,540,066Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,773,851Average Assets, quarterly
  • $2,779,688Volatile liabilities
  • $434,633Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $184,339Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $265,452Total risk weighted assets
  • $1,810,213Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $211,342Total interest expense
  • $111,379Net interest income
  • $99,963Provision for loan and lease losses
  • $16,449Total noninterest income
  • $12,582Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $12,582Total noninterest expense
  • $59,467Salaries and employee benefits
  • $27,721Premises and equipment expense
  • $12,893Additional noninterest expense
  • $18,853Pre-tax net operating income
  • $36,629Securities gains (losses)
  • $332Applicable income taxes
  • $18,534Income before extraordinary items
  • $18,427Extraordinary gains - net
  • $0Net income attributable to bank
  • $18,427Net charge-offs
  • $10,558Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.35%Cost of funding earning assets
  • 4.40%Net interest margin
  • 3.95%Noninterest income to earning assets
  • 0.50%Noninterest expense to earning assets
  • 2.35%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.66%Pretax return on assets
  • 1.33%Return on equity (ROE)
  • 7.14%Retained earnings to average equity (YTD only)
  • 7.14%Net charge-offs to loans
  • 0.58%Credit loss provision to net charge-offs
  • 155.80%Efficiency ratio
  • 52,245Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 32.78%Noncurrent assets plus other real estate owned to assets
  • 3.81%Noncurrent loans to loans
  • 5.62%Net loans and leases to deposits
  • 74.43%Net loans and leases to core deposits
  • 83.49%Equity capital to assets
  • 9.52%Core capital (leverage) ratio
  • 9.54%Tier 1 risk-based capital ratio
  • 14.66%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $2,773,851Average earning assets
  • $257,948Average equity
  • $2,532,386Average 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 The Long Island Savings Bank, FSB.
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