Bank of Holland in Holland, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Bank of Holland - Overview

  • General
  • FDIC Certificate #: 1464
    Status: Active
    Federal Reserve ID: 941804
    Bank Holding Company (Regulatory Top Holder): Holland Bancorp, Inc. (RSSDID: 2960359, Location: Holland, NY)
    Date Established: October 21, 1893
    WWW: http://www.bankofhollandny.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 962
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Consumer Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 12 South Main Street, Holland, NY 14080
    County: Erie
    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): Buffalo-Niagara Falls, NY (#1280)
    Combined Statistical Area (CSA): Buffalo-Niagara-Cattaraugus, NY (#160)
    Core Based Statistical Area (CBSA): Buffalo-Niagara Falls, NY (#15380)
    CBSA Metro Statistical Area: Buffalo-Niagara Falls, NY (#15380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $75.0 mil
    Equity capital: $6.8 mil
    Deposits held in domestic offices: $64.8 mil
    Return on assets (ROA): 0.60% ($0.5 mil)
    Quarterly return on assets: 0.56% ($0.4 mil)
    Return on Equity (ROE): 6.26% ($0.4 mil)
    Quarterly return on equity: 5.89% ($0.4 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.73% ($547.4 mil)
    Quarterly Pretax return on assets: 0.74% ($554.9 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
  • 24Total employees (full-time equivalent)
  • $74,987Total assets
  • $4,362Cash and due from depository institutions
  • $348Interest-bearing balances
  • $11,192Securities
  • $2,759Federal funds sold & reverse repurchase agreements
  • $52,347Net loans & leases
  • $725Loan loss allowance
  • $0Trading account assets
  • $2,789Bank premises and fixed assets
  • $313Other real estate owned
  • $0Goodwill and other intangibles
  • $74,987Life insurance assets
  • $1,225All other assets
  • $68,146Total liabilities and capital
  • $64,776Total liabilities
  • $51,273Total deposits
  • $64,776Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $370Subordinated debt
  • $6,841All other liabilities
  • $6,841Total equity capital
  • $6,841Total bank equity capital
  • $0Perpetual preferred stock
  • $56Common stock
  • $0Surplus
  • $6,785Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $583Income earned, not collected on loans
  • $0Earning assets
  • $200Long-term assets (5+ years)
  • $66,646Average Assets, year-to-date
  • $42,507Average Assets, quarterly
  • $71,218Volatile liabilities
  • $73,406Insider loans
  • $48,446FHLB advances
  • $73,189Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,383Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,507Restructured Loans and leases
  • $1,176Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,408Total interest income
  • $455Total interest expense
  • $2,953Net interest income
  • $95Provision for loan and lease losses
  • $619Total noninterest income
  • $0Fiduciary activities
  • $269Service charges on deposit accounts
  • $0Trading account gains & fees
  • $350Additional noninterest income
  • $2,959Total noninterest expense
  • $1,245Salaries and employee benefits
  • $568Premises and equipment expense
  • $1,146Additional noninterest expense
  • $518Pre-tax net operating income
  • $1Securities gains (losses)
  • $90Applicable income taxes
  • $429Income before extraordinary items
  • $0Extraordinary gains - net
  • $429Net income attributable to bank
  • $0Net charge-offs
  • $429Cash dividends
  • $95Sale, conversion, retirement of capital stock, net
  • $102Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 0.72%Cost of funding earning assets
  • 4.68%Net interest margin
  • 0.98%Noninterest income to earning assets
  • 4.69%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 0.73%Pretax return on assets
  • 6.26%Return on equity (ROE)
  • 4.77%Retained earnings to average equity (YTD only)
  • 0.19%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 6.45%Efficiency ratio
  • 82,839Assets per employee
  • 3.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 23.78%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 124.36%Noncurrent assets plus other real estate owned to assets
  • 1.19%Noncurrent loans to loans
  • 1.10%Net loans and leases to deposits
  • 80.81%Net loans and leases to core deposits
  • 83.49%Equity capital to assets
  • 9.12%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 15.24%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $71,218Average earning assets
  • $6,858Average equity
  • $63,124Average loans

List of branches

  • 2 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0962Bank Of Holland12 South Main Street, Holland, NY 14080October 21, 1893Full Service Brick and Mortar
    1452376East Aurora Office Branch250 Quaker Road, East Aurora, NY 14052July 07, 2003Full Service Brick and Mortar

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