Astoria Federal Savings and Loan Association in Long Island City, New York (NY)



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Astoria Federal Savings and Loan Association
GeneralFDIC Certificate #: 29805
Status: Active
Federal Reserve ID: 482772
Date Established: January 01, 1888
WWW: http://www.astoriafederal.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 86 (Domestic: 86, Interstate: No)
OTS Docket #: 4115
FDIC's unique #: 42639
Numeric code: 37
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Mortgage Lending Specialization
Date of Deposit Insurance: January 07, 1937
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: 37-16 30th Avenue, Long Island City, NY 11103
County: Queens
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)
History of ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $16,975.1 mil
Equity capital: $1,572.9 mil
Deposits held in domestic offices: $11,426.8 mil
Return on assets (ROA): 0.50% ($84.9 mil)
Quarterly return on assets: 0.40% ($67.9 mil)
Return on Equity (ROE): 5.52% ($86.8 mil)
Quarterly return on equity: 4.20% ($66.1 mil)
Net income: $87.5 mil
Quarterly Net income: $16.8 mil
Pretax return on assets: 0.79% ($134,103.0 mil)
Quarterly Pretax return on assets: 0.60% ($101,850.4 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)1,636
Total assets$16,975,063
Cash and due from depository institutions$80,216
Interest-bearing balances$50,105
Securities$2,474,990
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$13,151,298
Loan loss allowance $157,185
Trading account assets$0
Bank premises and fixed assets$118,095
Other real estate owned$49,180
Goodwill and other intangibles$194,989
All other assets$906,295
Life insurance assets$16,975,063
Total liabilities and capital$15,402,161
Total liabilities$11,426,767
Total deposits$11,013,196
Interest-bearing deposits$11,426,767
Deposits held in domestic offices$92
% insured (estimated)1700000.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$2,055,143
Other borrowed funds $0
Subordinated debt $220,251
All other liabilities $1,572,902
Total equity capital$1,572,902
Total bank equity capital$1,572,902
Perpetual preferred stock$0
Common stock$1
Surplus$973,702
Undivided profits $599,199
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $344,768
Earning assets $0
Long-term assets (5+ years) $46,528
Average Assets, year-to-date $15,676,393
Average Assets, quarterly $0
Volatile liabilities $17,341,599
Insider loans $16,958,229
FHLB advances $9,856,486
Loans and leases held for sale $16,768,780
Unused loan commitments $409,637
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $1,459,064
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $728,983
Derivatives$1,531
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $697,385
Total interest expense $294,031
Net interest income $403,354
Provision for loan and lease losses $37,000
Total noninterest income $56,657
Fiduciary activities $0
Service charges on deposit accounts $15,529
Trading account gains & fees $0
Additional noninterest income $41,128
Total noninterest expense $285,820
Salaries and employee benefits $144,948
Premises and equipment expense $62,842
Additional noninterest expense $78,030
Pre-tax net operating income $137,191
Securities gains (losses) $0
Applicable income taxes $49,668
Income before extraordinary items $87,523
Extraordinary gains - net $0
Net income attributable to bank $87,523
Net charge-offs $0
Cash dividends $87,523
Sale, conversion, retirement of capital stock, net $81,314
Net operating income $64,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.35%
Cost of funding earning assets 1.83%
Net interest margin 2.52%
Noninterest income to earning assets 0.35%
Noninterest expense to earning assets 1.78%
Net operating income to assets 0.50%
Return on assets (ROA) 0.50%
Pretax return on assets 0.79%
Return on equity (ROE) 5.52%
Retained earnings to average equity (YTD only) 1.48%
Net charge-offs to loans 0.60%
Credit loss provision to net charge-offs 45.50%
Efficiency ratio2.14%
Assets per employee$61,957
Cash dividends to net income (YTD only)10.38%
Condition Ratios (%)
Loss allowance to loans 73.12%
Loss allowance to noncurrent loans 1.18%
Noncurrent assets plus other real estate owned to assets 45.59%
Noncurrent loans to loans 2.31%
Net loans and leases to deposits2.59%
Net loans and leases to core deposits 115.09%
Equity capital to assets 117.58%
Core capital (leverage) ratio 9.27%
Tier 1 risk-based capital ratio 8.70%
Total risk-based capital ratio 14.80%
Memoranda
Average assets$16
Average earning assets$17,341,599
Average equity $1,586,330
Average loans $16,026,916
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86 New York Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
042639Astoria Federal Savings And Loan Ass37-16 30th Avenue, Long Island City, NY 11103January 01, 1888Full Service Brick and Mortar
1277225Franklin Square Branch955 Hempstead Turnpike, Franklin Square, NY 11010January 01, 1888Full Service Brick and Mortar
227722646-08 Francis Lewis Blvd Branch46-08 Francis Lewis Blvd, Flushing, NY 11361January 01, 1888Full Service Brick and Mortar
327722763-72 108th Street Branch63-72 108th Street, Forest Hills, NY 11375January 01, 1888Full Service Brick and Mortar
4277228Ditmars Branch31-24 Ditmars Blvd, Long Island City, NY 11105January 01, 1888Full Service Brick and Mortar
5277229Greenvale Branch114 Northern Blvd, Greenvale, NY 11548January 01, 1888Full Service Brick and Mortar
627723075 25 Metropolitan Avenue Branch75 25 Metropolitan Avenue, Middle Village, NY 11379January 01, 1888Full Service Brick and Mortar
7277231116-22 Metropolitan Avenue Branch11622 Metropolitan Avenue, Richmond Hill, NY 11418January 01, 1888Full Service Brick and Mortar
8277232Astoria Branch29-34 30th Ave, Long Island City, NY 11102January 01, 1888Full Service Brick and Mortar
9277233Glen Cove Branch44 Cedar Swamp Road, Glen Cove, NY 11542January 01, 1888Full Service Brick and Mortar
100277234Massapequa Branch995 Hicksville Rd, Massapequa, NY 11758January 01, 1888Full Service Brick and Mortar
101413086020 Woodside Ave Branch60-20 Woodside Ave, Woodside, NY 11377January 01, 1919Full Service Brick and Mortar
1022772357120 Kissena Blvd Branch71-20 Kissena Blvd, Flushing, NY 11367January 01, 1888Full Service Brick and Mortar
1032772366817 Myrtle Ave Branch6817 Myrtle Ave, Glendale, NY 11385January 01, 1888Full Service Brick and Mortar
1042772373033 Stratton Street Branch3033 Stratton Street, Flushing, NY 11354January 01, 1888Full Service Brick and Mortar
105277238West Babylon Branch861 W Montauk Hwy, West Babylon, NY 11704January 01, 1888Full Service Brick and Mortar
10642229Hastings Branch560 Warburton Av, Hastings-On-hudson, NY 10706January 01, 1901Full Service Brick and Mortar
107277239Ardsley Branch729 Saw Mill River Road, Ardsley, NY 10502January 01, 1888Full Service Brick and Mortar
108277240Somers BranchTowne Center At Somers, Somers, NY 10589January 01, 1888Full Service Brick and Mortar
11646121Whitestone Branch153-17 Cross Island Parkway, Whitestone, NY 11357March 16, 1990Full Service Brick and Mortar
117279014Great Neck Branch4 Great Neck Road, Great Neck, NY 11021January 01, 1891Full Service Brick and Mortar
11827901557-07 Junction Boulevard Branch57-07 Junction Boulevard, Elmhurst, NY 11373January 01, 1891Full Service Brick and Mortar
119279016Williston Park Branch162 Hillside Avenue, Williston Park, NY 11596January 01, 1891Full Service Brick and Mortar
12040805Floral Park Branch155 Jericho Turnpike, Floral Park, NY 11001January 01, 1924Full Service Brick and Mortar
121264350Covert Avenue Branch99 Covert Avenue, Floral Park, NY 11001January 01, 1924Full Service Brick and Mortar
122264351South Franklin Branch711 Franklin Avenue, Franklin Square, NY 11010January 01, 1924Full Service Brick and Mortar
12444026Malverne Branch363 Hempstead Turnpike, Malverne, NY 11565July 06, 1960Full Service Brick and Mortar
1252643531585 Dutch Broadway Branch1585 Dutch Broadway, Valley Stream, NY 11580January 01, 1924Full Service Brick and Mortar
128270415East Rockaway Branch464 Atlantic Ave, East Rockaway, NY 11518January 01, 1921Full Service Brick and Mortar
129264356S. Huntington Branch320 Walt Whitman Rd, Huntington Station, NY 11746June 30, 1985Full Service Brick and Mortar
130264357Kings Park Branch33 Main St, Kings Park, NY 11754June 30, 1985Full Service Brick and Mortar
131270411Lynbrook Branch360 Merrick Rd, Lynbrook, NY 11563January 01, 1921Full Service Brick and Mortar
132270414Patchogue Branch361 Sunrise Hwy, Patchogue, NY 11772January 01, 1921Full Service Brick and Mortar
133270417Plainview Branch164 Manetto Hill Rd, Plainview, NY 11803January 01, 1921Full Service Brick and Mortar
134270419Port Jefferson Branch1015 Route 112, Port Jefferson Station, NY 11776January 01, 1921Full Service Brick and Mortar
135270420Ridge Branch1880 Middle Country Rd, Ridge, NY 11961January 01, 1921Full Service Brick and Mortar
136270416West Hempstead Branch490 Hempstead Turnpike, West Hempstead, NY 11552January 01, 1921Full Service Brick and Mortar
137270418East Meadow Branch1622 Hempstead Turnpike, East Meadow, NY 11554January 01, 1921Full Service Brick and Mortar
149236715Mineola Mortgage Origination Branch211 Station Road, Mineola, NY 11501June 12, 1972Limited Service Loan Production
150236719Medford Shopping Plaza Branch2775 Route 112, Medford, NY 11763May 07, 1990Full Service Brick and Mortar
152236721Oceanside Branch3535 Long Beach Road, Oceanside, NY 11572September 10, 1990Full Service Brick and Mortar
156272494Montauk Branch999 Montauk Highway, Unit 25, Shirley, NY 11967January 01, 1923Full Service Brick and Mortar
157272496Southampton Branch65 Nugent Street, Southampton, NY 11968January 01, 1923Full Service Brick and Mortar
158272497Coram Branch269 Middle Country Road, Coram, NY 11727January 01, 1923Full Service Brick and Mortar
159272498Rocky Point Branch325 Route 25a, Rocky Point, NY 11778January 01, 1923Full Service Brick and Mortar
160272499Babylon Village Branch180 West Main Street, Babylon, NY 11702January 01, 1923Full Service Brick and Mortar
161272500Westhampton Branch71 Sunset Avenue, Westhampton Beach, NY 11978January 01, 1923Full Service Brick and Mortar
162272501Oakdale Branch1336 Montauk Highway, Oakdale, NY 11769January 01, 1923Full Service Brick and Mortar
163272502Bay Shore Branch300 East Main Street, Bay Shore, NY 11706January 01, 1923Full Service Brick and Mortar
164272503Park Ave Branch1229 E. Jericho Tpke., Huntington, NY 11743January 01, 1923Full Service Brick and Mortar
165272504East Islip Branch180 East Main Street, East Islip, NY 11730January 01, 1923Full Service Brick and Mortar
166272505Farmingville Branch696 Horseblock Road, Farmingville, NY 11738January 01, 1923Full Service Brick and Mortar
167272506Hauppauge Branch845 Wheeler Road, Hauppauge, NY 11788January 01, 1923Full Service Brick and Mortar
168272507Middle Island Branch599 Middle Country Rd, Middle Island, NY 11953January 01, 1923Full Service Brick and Mortar
169272508Stony Brook Branch1047 N.Country Rd., Stony Brook, NY 11790January 01, 1923Full Service Brick and Mortar
1702725106348 Route 25a Branch6348 Route 25a, Wading River, NY 11792January 01, 1923Full Service Brick and Mortar
172272511Levittown Branch3105 Hempstead Tpke, Levittown, NY 11756January 01, 1923Full Service Brick and Mortar
173272512Valley Stream Branch120 South Franklin Avenue, Valley Stream, NY 11580January 01, 1923Full Service Brick and Mortar
174272513Wantagh Branch1149 Wantagh Avenue, Wantagh, NY 11793January 01, 1923Full Service Brick and Mortar
175272516North Patchogue Branch718 Medford Ave., Patchogue, NY 11772January 01, 1923Full Service Brick and Mortar
178272525Garden City Branch1150 Franklin Ave, Garden City, NY 11530January 01, 1923Full Service Brick and Mortar
17944985Syosset Branch50 Jackson Avenue, Syosset, NY 11791December 31, 1982Full Service Brick and Mortar
18123627772-35 Broadway Branch72-35 Broadway, Jackson Heights, NY 11372May 18, 1946Full Service Brick and Mortar
18223627897-33 Queens Blvd. Branch97-33 Queens Blvd., Rego Park, NY 11374May 08, 1952Full Service Brick and Mortar
183236281Merrick Branch2090 Merrick Road, Merrick, NY 11566December 12, 1972Full Service Brick and Mortar
186236284Seaford Branch3887 Merrick Road, Seaford, NY 11783August 13, 1976Full Service Brick and Mortar
187236285New York Ave Branch839 New York Ave. Suite 140, Huntington, NY 11743September 23, 1977Full Service Brick and Mortar
188236286West Islip Branch526 Union Blvd, West Islip, NY 11795December 15, 1978Full Service Brick and Mortar
189268001Port Washington Branch110 Main Street, Port Washington, NY 11050January 01, 1889Full Service Brick and Mortar
190268004Massapequa Park Branch1001 Park Blvd., Massapequa Park, NY 11762January 01, 1889Full Service Brick and Mortar
191277242Bay Parkway Branch2241 65th Street, Bensonhurst, NY 11204October 06, 1997Full Service Brick and Mortar
19227724318th Avenue Branch4302 18th Avenue, Borough Park, NY 11218October 01, 1997Full Service Brick and Mortar
193277244Boro Park Branch5220 13th Avenue, Borough Park, NY 11219October 01, 1997Full Service Brick and Mortar
194277245Coney Island Branch489 Neptune Avenue, Coney Island, NY 11224October 01, 1997Full Service Brick and Mortar
195277246Flatlands Branch1550 Flatbush Avenue, Flatbush, NY 11210October 01, 1997Full Service Brick and Mortar
196277247Flatbush Branch1045 Flatbush Avenue, Flatbush, NY 11226October 01, 1997Full Service Brick and Mortar
197277248Hicksville Branch301 North Broadway, Jericho, NY 11753October 01, 1997Full Service Brick and Mortar
198277249Hillside Branch179-25 Hillside Avenue, Jamaica, NY 11432October 01, 1997Full Service Brick and Mortar
199277250Church Avenue Branch101 Church Avenue, Kensington, NY 11218October 01, 1997Full Service Brick and Mortar
200277251Midwood Branch1401 Avenue M, Midwood, NY 11230October 06, 1997Full Service Brick and Mortar
202277253Park Slope Branch459 5th Avenue, Brooklyn, NY 11215October 01, 1997Full Service Brick and Mortar
2032772547th Avenue Branch110 7th Avenue, Brooklyn, NY 11215October 01, 1997Full Service Brick and Mortar
204277255Sheepshead Bay Branch1672 Sheepshead Bay Road, Sheepshead Bay, NY 11235October 01, 1997Full Service Brick and Mortar
205356826Knapp Street Branch2133 Knapp Street, Brooklyn, NY 11229Febuary 01, 1999Full Service Brick and Mortar
206356831Rockville Centre Branch339 Merrick Road, Rockville Centre, NY 11570October 01, 1998Full Service Brick and Mortar
207356833Beechhurst Branch153 01 10th Avenue, Whitestone, NY 11357October 01, 1998Full Service Brick and Mortar
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