FDIC Certificate #: 7329 Status: Inactive Acquiring institution:Community Bank, National Association (#6989) Federal Reserve ID: 250113 Date Established: June 18, 1906 WWW:http://www.tlnbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 12910 FDIC's unique #: 4800 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: June 01, 2007 Last Structure Change Process Date: June 12, 2007 Last Data Update: June 12, 2007 Data Source Date: April 05, 2012
Location
Address: 75 Park Street, Tupper Lake, NY 12986 County: Franklin 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): Malone, NY (#31660) CBSA Micro Statistical Area: Yes
History of Changes
Merger - Without Assistance
Financial Summary
Total assets: $98.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2006)
Dollar figures in thousands
40Total employees (full-time equivalent)
$97,472Total assets
$3,625Cash and due from depository institutions
$186Interest-bearing balances
$32,668Securities
$0Federal funds sold & reverse repurchase agreements
$53,044Net loans & leases
$652Loan loss allowance
$0Trading account assets
$3,146Bank premises and fixed assets
$0Other real estate owned
$774Goodwill and other intangibles
$2,162Life insurance assets
$4,215All other assets
$97,472Total liabilities and capital
$89,372Total liabilities
$81,498Total deposits
$61,987Interest-bearing deposits
$81,498Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,133Other borrowed funds
$0Subordinated debt
$1,741All other liabilities
$8,100Total equity capital
$8,100Total bank equity capital
$8,100Perpetual preferred stock
$0Common stock
$200Surplus
$562Undivided profits
Memoranda
$7,338Noncurrent loans and leases
$12,406Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$509Earning assets
$0Long-term assets (5+ years)
$272Average Assets, year-to-date
$85,898Average Assets, quarterly
$37,320Volatile liabilities
$99,069Insider loans
$100,524FHLB advances
$14,286Loans and leases held for sale
$1,048Unused loan commitments
$6,133Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$12,406Total unused commitments
$910Restructured Loans and leases
$652Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$5,280Total interest income
$2,259Total interest expense
$3,021Net interest income
$44Provision for loan and lease losses
$443Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$2Trading account gains & fees
$333Additional noninterest income
$3,064Total noninterest expense
$1,737Salaries and employee benefits
$366Premises and equipment expense
$961Additional noninterest expense
$356Pre-tax net operating income
$0Securities gains (losses)
-$134Applicable income taxes
$490Income before extraordinary items
$0Extraordinary gains - net
$490Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$14Sale, conversion, retirement of capital stock, net
$404Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.06%Yield on earning assets
2.59%Cost of funding earning assets
3.47%Net interest margin
0.51%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
0.49%Net operating income to assets
0.49%Return on assets (ROA)
0.36%Pretax return on assets
6.05%Return on equity (ROE)
1.06%Retained earnings to average equity (YTD only)
0.03%Net charge-offs to loans
314.29%Credit loss provision to net charge-offs
28.57%Efficiency ratio
86,923Assets per employee
2.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
82.45%Loss allowance to loans
1.21%Loss allowance to noncurrent loans
128.09%Noncurrent assets plus other real estate owned to assets
0.52%Noncurrent loans to loans
0.95%Net loans and leases to deposits
65.09%Net loans and leases to core deposits
76.49%Equity capital to assets
8.31%Core capital (leverage) ratio
7.37%Tier 1 risk-based capital ratio
12.69%Total risk-based capital ratio
Memoranda
$14Average assets
$99,069Average earning assets
$8,099Average equity
$87,137Average loans
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