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

This bank is inactive as of November 10, 2007

  • The National Bank of Stamford in Stamford, New York (NY)
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The National Bank of Stamford - Overview

  • General
  • FDIC Certificate #: 7316
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The National Bank of Delaware County (#7337)
    Federal Reserve ID: 791513
    Date Established: January 02, 1882
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 4792
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: November 10, 2007
    Last Structure Change Process Date: November 19, 2007
    Last Data Update: November 19, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 Churchill Avenue, Stamford, NY 12167
    County: Delaware
    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
  • Financial Summary
  • Total assets: $91.2 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, 2006)

  • Dollar figures in thousands
  • 35Total employees (full-time equivalent)
  • $82,713Total assets
  • $2,181Cash and due from depository institutions
  • $52Interest-bearing balances
  • $34,719Securities
  • $3,650Federal funds sold & reverse repurchase agreements
  • $34,913Net loans & leases
  • $216Loan loss allowance
  • $0Trading account assets
  • $840Bank premises and fixed assets
  • $0Other real estate owned
  • $129Goodwill and other intangibles
  • $4,301Life insurance assets
  • $6,281All other assets
  • $82,713Total liabilities and capital
  • $68,288Total liabilities
  • $57,955Total deposits
  • $41,217Interest-bearing deposits
  • $57,955Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $728Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,500Other borrowed funds
  • $0Subordinated debt
  • $2,105All other liabilities
  • $14,425Total equity capital
  • $14,425Total bank equity capital
  • $14,425Perpetual preferred stock
  • $0Common stock
  • $699Surplus
  • $725Undivided profits
  • Memoranda
  • $13,001Noncurrent loans and leases
  • $11,326Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $106Earning assets
  • $0Long-term assets (5+ years)
  • $395Average Assets, year-to-date
  • $73,334Average Assets, quarterly
  • $44,137Volatile liabilities
  • $88,232Insider loans
  • $83,831FHLB advances
  • $5,726Loans and leases held for sale
  • $1,743Unused loan commitments
  • $7,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $11,326Total unused commitments
  • $0Restructured Loans and leases
  • $216Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $4,962Total interest income
  • $1,558Total interest expense
  • $3,404Net interest income
  • -$57Provision for loan and lease losses
  • $698Total noninterest income
  • $6Fiduciary activities
  • $310Service charges on deposit accounts
  • $0Trading account gains & fees
  • $382Additional noninterest income
  • $3,477Total noninterest expense
  • $1,838Salaries and employee benefits
  • $326Premises and equipment expense
  • $1,313Additional noninterest expense
  • $682Pre-tax net operating income
  • $154Securities gains (losses)
  • $134Applicable income taxes
  • $702Income before extraordinary items
  • $0Extraordinary gains - net
  • $702Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $516Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.34%Yield on earning assets
  • 1.99%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 4.44%Noninterest expense to earning assets
  • 0.65%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 4.91%Return on equity (ROE)
  • 1.30%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • -1140.00%Credit loss provision to net charge-offs
  • 125.00%Efficiency ratio
  • 84,764Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 73.50%Loss allowance to loans
  • 0.61%Loss allowance to noncurrent loans
  • 203.77%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 60.24%Net loans and leases to core deposits
  • 65.93%Equity capital to assets
  • 17.44%Core capital (leverage) ratio
  • 17.61%Tier 1 risk-based capital ratio
  • 33.20%Total risk-based capital ratio
  • Memoranda
  • $34Average assets
  • $88,232Average earning assets
  • $14,303Average equity
  • $78,292Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $306Managed Assets
  • 1Number of Accounts
  • $107Personal trust and agency accounts
  • $107Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 4Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $199Other retirement accounts
  • $199Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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