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- Banks in Ohio (OH)
- AmTrust Bank
AmTrust Bank in Cleveland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of December 04, 2009
- AmTrust Bank in Cleveland, Ohio (OH)
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AmTrust Bank - Overview
- General
- FDIC Certificate #: 29776
Status: Inactive
Closing history: Corrections
Acquiring institution: New York Community Bank (#16022)
Federal Reserve ID: 600875
Date Established: January 01, 1921
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 4072
FDIC's unique #: 42610
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: August 20, 1938
Last Structure Change Effective Date: December 04, 2009
Last Structure Change Process Date: December 07, 2009
Last Data Update: December 07, 2009
Data Source Date: April 05, 2012 - Location
- Address: 1801 East Ninth Street, Cleveland, OH 44114
County: Cuyahoga
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Cleveland-Lorain-Elyria, OH (#1680)
Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460)
CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460) - History of Changes
- Absorption - Assisted
Corrections - Financial Summary
- Total assets: $11,439.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
- Dollar figures in thousands
- 1,909Total employees (full-time equivalent)
- $15,558,190Total assets
- $2,592,485Cash and due from depository institutions
- $9,558Interest-bearing balances
- $1,192,737Securities
- $0Federal funds sold & reverse repurchase agreements
- $10,523,640Net loans & leases
- $363,761Loan loss allowance
- $0Trading account assets
- $87,735Bank premises and fixed assets
- $417,173Other real estate owned
- $91,280Goodwill and other intangibles
- $0Life insurance assets
- $653,140All other assets
- $15,558,190Total liabilities and capital
- $14,793,833Total liabilities
- $11,363,867Total deposits
- $11,031,641Interest-bearing deposits
- $11,363,867Deposits held in domestic offices
- 0.00%% insured (estimated)
- $700,000Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $2,367,570Other borrowed funds
- $0Subordinated debt
- $362,396All other liabilities
- $764,357Total equity capital
- $764,357Total bank equity capital
- $764,357Perpetual preferred stock
- $0Common stock
- $892Surplus
- $206,896Undivided profits
- Memoranda
- $556,569Noncurrent loans and leases
- $6,968,282Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $1,063,705Earning assets
- $1,705Long-term assets (5+ years)
- $58,992Average Assets, year-to-date
- $11,725,935Average Assets, quarterly
- $0Volatile liabilities
- $16,446,505Insider loans
- $16,047,318FHLB advances
- $5,094,427Loans and leases held for sale
- $6,805Unused loan commitments
- $2,338,424Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $5,110,282Total unused commitments
- $986,538Restructured Loans and leases
- $113,686Derivatives
Income and Expense (December 31, 2008)
- Dollar figures in thousands
- $870,148Total interest income
- $542,212Total interest expense
- $327,936Net interest income
- $814,545Provision for loan and lease losses
- -$8,663Total noninterest income
- $0Fiduciary activities
- $0Service charges on deposit accounts
- $10,971Trading account gains & fees
- -$19,634Additional noninterest income
- $315,923Total noninterest expense
- $185,840Salaries and employee benefits
- $35,590Premises and equipment expense
- $94,493Additional noninterest expense
- -$811,195Pre-tax net operating income
- $89,253Securities gains (losses)
- -$208,506Applicable income taxes
- -$513,436Income before extraordinary items
- $0Extraordinary gains - net
- -$513,436Net income attributable to bank
- $0Net charge-offs
- $0Cash dividends
- $656,831Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2008)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.96%Yield on earning assets
- 3.72%Cost of funding earning assets
- 2.25%Net interest margin
- -0.06%Noninterest income to earning assets
- 2.17%Noninterest expense to earning assets
- -3.51%Net operating income to assets
- -3.12%Return on assets (ROA)
- -4.39%Pretax return on assets
- -46.23%Return on equity (ROE)
- -46.23%Retained earnings to average equity (YTD only)
- 4.93%Net charge-offs to loans
- 124.01%Credit loss provision to net charge-offs
- 0.01%Efficiency ratio
- 98,924Assets per employee
- 8.15%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 3.34%Loss allowance to noncurrent loans
- 34.20%Noncurrent assets plus other real estate owned to assets
- 9.52%Noncurrent loans to loans
- 9.77%Net loans and leases to deposits
- 92.61%Net loans and leases to core deposits
- 112.71%Equity capital to assets
- 4.91%Core capital (leverage) ratio
- 4.91%Tier 1 risk-based capital ratio
- 8.64%Total risk-based capital ratio
- Memoranda
- $10Average assets
- $16,446,505Average earning assets
- $1,110,543Average equity
- $14,590,031Average loans
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- Banks in Ohio (OH)
- AmTrust Bank
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