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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