Anchor Savings Bank, FSB in Hewlett, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 1995

  • Anchor Savings Bank, FSB in Hewlett, New York (NY)
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Anchor Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32071
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Dime Savings Bank of New York, FSB (#16011)
    Federal Reserve ID: 32104
    Date Established: December 30, 1980
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7814
    FDIC's unique #: 44905
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: December 30, 1980
    Last Structure Change Effective Date: January 14, 1995
    Last Structure Change Process Date: Febuary 24, 1995
    Last Data Update: January 12, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1420 Broadway, Hewlett, NY 11557
    County: Nassau
    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): Nassau-Suffolk, NY (#5380)
    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: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $9,710.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,472Total assets
  • $9,709,966Cash and due from depository institutions
  • $109,253Interest-bearing balances
  • $2,740Securities
  • $6,019,323Federal funds sold & reverse repurchase agreements
  • $17,476Net loans & leases
  • $3,059,571Loan loss allowance
  • $55,441Trading account assets
  • $0Bank premises and fixed assets
  • $47,779Other real estate owned
  • $13,268Goodwill and other intangibles
  • $378,876Life insurance assets
  • $64,420All other assets
  • $0Total liabilities and capital
  • $9,709,966Total liabilities
  • $9,273,896Total deposits
  • $6,901,406Interest-bearing deposits
  • $6,689,861Deposits held in domestic offices
  • 6901406.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $26,915Trading liabilities
  • $0Other borrowed funds
  • $2,205,616Subordinated debt
  • $0All other liabilities
  • $139,959Total equity capital
  • $139,959Total bank equity capital
  • $436,070Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $442,850Undivided profits
  • Memoranda
  • $-6,781Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $78,082Income earned, not collected on loans
  • $19,719Earning assets
  • $9,099,110Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $10,349,184Average Assets, quarterly
  • $9,910,135Volatile liabilities
  • $2,633,269Insider loans
  • $0FHLB advances
  • $2,126,335Loans and leases held for sale
  • $0Unused loan commitments
  • $358,890Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $440,140Total risk weighted assets
  • $4,023,593Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $570,881Total interest expense
  • $354,927Net interest income
  • $215,954Provision for loan and lease losses
  • $18,377Total noninterest income
  • $44,964Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $44,964Total noninterest expense
  • $266,576Salaries and employee benefits
  • $69,364Premises and equipment expense
  • $30,429Additional noninterest expense
  • $166,783Pre-tax net operating income
  • -$24,035Securities gains (losses)
  • $3,867Applicable income taxes
  • $31,437Income before extraordinary items
  • -$51,605Extraordinary gains - net
  • $0Net income attributable to bank
  • -$51,605Net charge-offs
  • $19,063Cash dividends
  • $9,087Sale, conversion, retirement of capital stock, net
  • $1,473Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.91%Cost of funding earning assets
  • 3.67%Net interest margin
  • 2.24%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 2.76%Net operating income to assets
  • -0.54%Return on assets (ROA)
  • -0.50%Pretax return on assets
  • -0.19%Return on equity (ROE)
  • -9.05%Retained earnings to average equity (YTD only)
  • -10.65%Net charge-offs to loans
  • 0.61%Credit loss provision to net charge-offs
  • 96.40%Efficiency ratio
  • 64,818Assets per employee
  • 6.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -17.61%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 71.00%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 2.51%Net loans and leases to deposits
  • 44.33%Net loans and leases to core deposits
  • 47.07%Equity capital to assets
  • 4.49%Core capital (leverage) ratio
  • 4.56%Tier 1 risk-based capital ratio
  • 10.94%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $10,349,184Average earning assets
  • $570,049Average equity
  • $9,661,247Average loans

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