Amsterdam Federal Bank in Amsterdam, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 16, 1998

  • Amsterdam Federal Bank in Amsterdam, New York (NY)
  • Show street view No street view available for this location

Amsterdam Federal Bank - Overview

  • General
  • FDIC Certificate #: 29688
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mohawk Community Bank (#15954)
    Federal Reserve ID: 405977
    Date Established: April 29, 1936
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3887
    FDIC's unique #: 42522
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 29, 1936
    Last Structure Change Effective Date: November 16, 1998
    Last Structure Change Process Date: Febuary 18, 1999
    Last Data Update: Febuary 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 161 Church Street, Amsterdam, NY 12010
    County: Montgomery
    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
    Metropolitan Statistical Area (MSA): Albany-Schenectady-Troy, NY (#160)
    Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
    Core Based Statistical Area (CBSA): Amsterdam, NY (#11220)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $167.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 50Total employees (full-time equivalent)
  • $159,922Total assets
  • $15,375Cash and due from depository institutions
  • $11,334Interest-bearing balances
  • $64,519Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,111Net loans & leases
  • $1,127Loan loss allowance
  • $0Trading account assets
  • $1,623Bank premises and fixed assets
  • $31Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,263All other assets
  • $159,922Total liabilities and capital
  • $143,862Total liabilities
  • $140,622Total deposits
  • $130,911Interest-bearing deposits
  • $140,622Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,781Other borrowed funds
  • $0Subordinated debt
  • $459All other liabilities
  • $16,060Total equity capital
  • $16,060Total bank equity capital
  • $16,060Perpetual preferred stock
  • $0Common stock
  • $145Surplus
  • $8,538Undivided profits
  • Memoranda
  • $7,377Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $494Earning assets
  • $0Long-term assets (5+ years)
  • $549Average Assets, year-to-date
  • $151,964Average Assets, quarterly
  • $0Volatile liabilities
  • $156,053Insider loans
  • $159,420FHLB advances
  • $21,998Loans and leases held for sale
  • $359Unused loan commitments
  • $1,812Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,752Total unused commitments
  • $0Restructured Loans and leases
  • $69,813Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $10,871Total interest income
  • $5,891Total interest expense
  • $4,980Net interest income
  • $205Provision for loan and lease losses
  • $470Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $470Additional noninterest income
  • $3,622Total noninterest expense
  • $1,809Salaries and employee benefits
  • $824Premises and equipment expense
  • $989Additional noninterest expense
  • $1,623Pre-tax net operating income
  • $0Securities gains (losses)
  • $643Applicable income taxes
  • $980Income before extraordinary items
  • $0Extraordinary gains - net
  • $980Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $38Sale, conversion, retirement of capital stock, net
  • $145Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.33%Yield on earning assets
  • 3.97%Cost of funding earning assets
  • 3.36%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 2.44%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.63%Return on assets (ROA)
  • 1.04%Pretax return on assets
  • 6.44%Return on equity (ROE)
  • 5.48%Retained earnings to average equity (YTD only)
  • 0.05%Net charge-offs to loans
  • 539.47%Credit loss provision to net charge-offs
  • 48.11%Efficiency ratio
  • 66,459Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.80%Loss allowance to loans
  • 1.46%Loss allowance to noncurrent loans
  • 228.14%Noncurrent assets plus other real estate owned to assets
  • 0.33%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 54.12%Net loans and leases to core deposits
  • 62.69%Equity capital to assets
  • 10.04%Core capital (leverage) ratio
  • 10.00%Tier 1 risk-based capital ratio
  • 22.89%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $156,053Average earning assets
  • $15,224Average equity
  • $148,352Average loans

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