USA Bank in city_name, state_name - Detailed Financial Reports, Location

USA Bank in Port Chester, New York (NY)
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USA Bank - Overview

General
FDIC Certificate #: 58072
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: Customers Bank (#34444)
Federal Reserve ID: 3389434
Date Established: December 22, 2005
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 438823
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: December 22, 2005
Last Structure Change Effective Date: July 09, 2010
Last Structure Change Process Date: July 12, 2010
Last Data Update: July 12, 2010
Data Source Date: April 05, 2012
Location
Address: 601 North Main Street, Port Chester, NY 10573
County: Westchester
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): New York, NY (#5600)
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: New York-White Plains-Wayne, NY-NJ (#35644)
Financial Summary
Total assets: $190.7 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, 2009)

Dollar figures in thousands
32Total employees (full-time equivalent)
$221,527Total assets
$2,252Cash and due from depository institutions
$0Interest-bearing balances
$41,785Securities
$11,962Federal funds sold & reverse repurchase agreements
$161,821Net loans & leases
$3,864Loan loss allowance
$0Trading account assets
$388Bank premises and fixed assets
$1,877Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,442All other assets
$221,527Total liabilities and capital
$216,244Total liabilities
$192,262Total deposits
$185,083Interest-bearing deposits
$192,262Deposits held in domestic offices
85.36%% insured (estimated)
$23,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$982All other liabilities
$5,283Total equity capital
$5,283Total bank equity capital
$5,283Perpetual preferred stock
$0Common stock
$11,500Surplus
$21,117Undivided profits
Memoranda
$-27,334Noncurrent loans and leases
$26,260Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$72,440Earning assets
$0Long-term assets (5+ years)
$829Average Assets, year-to-date
$215,568Average Assets, quarterly
$36,172Volatile liabilities
$219,531Insider loans
$222,341FHLB advances
$113,047Loans and leases held for sale
$3,016Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$26,260Total unused commitments
$0Restructured Loans and leases
$2,104Derivatives

Income and Expense (December 31, 2009)

Dollar figures in thousands
$11,382Total interest income
$7,176Total interest expense
$4,206Net interest income
$8,005Provision for loan and lease losses
$311Total noninterest income
$0Fiduciary activities
$118Service charges on deposit accounts
$0Trading account gains & fees
$193Additional noninterest income
$7,915Total noninterest expense
$2,817Salaries and employee benefits
$477Premises and equipment expense
$4,621Additional noninterest expense
-$11,403Pre-tax net operating income
-$1,965Securities gains (losses)
$0Applicable income taxes
-$13,368Income before extraordinary items
$0Extraordinary gains - net
-$13,368Net income attributable to bank
$0Net charge-offs
-$13,368Cash dividends
$6,185Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2009)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
3.38%Cost of funding earning assets
1.98%Net interest margin
0.15%Noninterest income to earning assets
3.73%Noninterest expense to earning assets
-5.19%Net operating income to assets
-6.09%Return on assets (ROA)
-6.09%Pretax return on assets
-109.71%Return on equity (ROE)
-109.71%Retained earnings to average equity (YTD only)
3.78%Net charge-offs to loans
129.43%Credit loss provision to net charge-offs
-0.55%Efficiency ratio
175,227Assets per employee
6.92%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.33%Loss allowance to noncurrent loans
5.33%Noncurrent assets plus other real estate owned to assets
33.55%Noncurrent loans to loans
43.72%Net loans and leases to deposits
84.17%Net loans and leases to core deposits
158.31%Equity capital to assets
2.38%Core capital (leverage) ratio
2.77%Tier 1 risk-based capital ratio
3.74%Total risk-based capital ratio
Memoranda
$5Average assets
$219,531Average earning assets
$12,185Average equity
$212,198Average loans

USA Bank in Port Chester, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

USA Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

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USA Bank in Port Chester, New York (NY)Overview, Financial Summary, Detailed Financial Reports, Branches

USA Bank - Overview

Assets and Liabilities (December 31, 2009)

Income and Expense (December 31, 2009)

Performance and Condition Ratios (December 31, 2009)

Comment about this bank, ask questions, or add new information about it:

USA Bank in Port Chester, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches