BSB Bank & Trust Company in Binghamton, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 14, 2004

  • BSB Bank & Trust Company in Binghamton, New York (NY)
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BSB Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15957
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Partners Trust Bank (#16045)
    Federal Reserve ID: 13309
    Date Established: April 18, 1867
    WWW: http://www.bsbbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 20 (Interstate: No)
    OTS Docket #: 7838
    FDIC's unique #: 10188
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: July 14, 2004
    Last Structure Change Process Date: August 03, 2004
    Last Data Update: August 03, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 62-68 Exchange Street, Binghamton, NY 13902
    County: Broome
    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): Binghamton, NY (#960)
    Core Based Statistical Area (CBSA): Binghamton, NY (#13780)
    CBSA Metro Statistical Area: Binghamton, NY (#13780)
  • Financial Summary
  • Total assets: $2,186.0 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, 2003)

  • Dollar figures in thousands
  • 550Total employees (full-time equivalent)
  • $2,209,322Total assets
  • $45,735Cash and due from depository institutions
  • $814Interest-bearing balances
  • $623,221Securities
  • $16,000Federal funds sold & reverse repurchase agreements
  • $1,406,079Net loans & leases
  • $47,421Loan loss allowance
  • $0Trading account assets
  • $15,220Bank premises and fixed assets
  • $1,129Other real estate owned
  • $786Goodwill and other intangibles
  • $0Life insurance assets
  • $101,152All other assets
  • $2,209,322Total liabilities and capital
  • $2,034,545Total liabilities
  • $1,608,362Total deposits
  • $1,432,408Interest-bearing deposits
  • $1,608,362Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $18,846Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $391,921Other borrowed funds
  • $0Subordinated debt
  • $15,416All other liabilities
  • $174,777Total equity capital
  • $174,777Total bank equity capital
  • $174,777Perpetual preferred stock
  • $0Common stock
  • $25,321Surplus
  • $24,691Undivided profits
  • Memoranda
  • $124,765Noncurrent loans and leases
  • $179,582Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $13,209Earning assets
  • $256Long-term assets (5+ years)
  • $7,942Average Assets, year-to-date
  • $2,046,114Average Assets, quarterly
  • $1,014,784Volatile liabilities
  • $2,125,502Insider loans
  • $2,190,911FHLB advances
  • $403,118Loans and leases held for sale
  • $9,615Unused loan commitments
  • $390,823Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,144Total risk weighted assets
  • $179,582Total unused commitments
  • $13,804Restructured Loans and leases
  • $19,180Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $114,784Total interest income
  • $39,935Total interest expense
  • $74,849Net interest income
  • $10,088Provision for loan and lease losses
  • $12,153Total noninterest income
  • $1,210Fiduciary activities
  • $5,190Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,753Additional noninterest income
  • $48,074Total noninterest expense
  • $27,044Salaries and employee benefits
  • $4,992Premises and equipment expense
  • $16,038Additional noninterest expense
  • $28,840Pre-tax net operating income
  • $1,339Securities gains (losses)
  • $8,725Applicable income taxes
  • $21,454Income before extraordinary items
  • $0Extraordinary gains - net
  • $21,454Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $25,917Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.81%Yield on earning assets
  • 2.02%Cost of funding earning assets
  • 3.79%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 0.96%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 12.85%Return on equity (ROE)
  • 12.85%Retained earnings to average equity (YTD only)
  • 1.82%Net charge-offs to loans
  • 38.92%Credit loss provision to net charge-offs
  • 1.50%Efficiency ratio
  • 55,203Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.26%Loss allowance to noncurrent loans
  • 359.01%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.91%Net loans and leases to deposits
  • 87.42%Net loans and leases to core deposits
  • 106.91%Equity capital to assets
  • 7.91%Core capital (leverage) ratio
  • 7.93%Tier 1 risk-based capital ratio
  • 11.37%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $2,125,502Average earning assets
  • $166,960Average equity
  • $1,976,054Average loans

Total Fiduciary and Related Assets (December 31, 2003)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $210,728Managed Assets
  • 1Number of Accounts
  • $208,743Personal trust and agency accounts
  • $58,103Employee benefit-defined contribution accounts
  • $2,395Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $9,800Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $138,445Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 223Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,985Other retirement accounts
  • $1,985Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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