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


Bank of Millbrook - Overview

  • General
  • FDIC Certificate #: 618
    Status: Active
    Federal Reserve ID: 175609
    Bank Holding Company (Regulatory Top Holder): Millbrook Bank System, Inc. (RSSDID: 2646998, Location: Millbrook, NY)
    Date Established: May 18, 1891
    WWW: http://www.bankofmillbrook.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 412
    Numeric code: 13
    Regulator: FED
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 01, 2010
    Last Structure Change Process Date: January 13, 2011
    Last Data Update: January 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3263 Franklin Avenue, Millbrook, NY 12545
    County: Dutchess
    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): Dutchess County, NY (#2281)
    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): Poughkeepsie-Newburgh-Middletown, NY (#39100)
    CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $184.6 mil
    Equity capital: $21.6 mil
    Deposits held in domestic offices: $160.7 mil
    Return on assets (ROA): 0.82% ($1.5 mil)
    Quarterly return on assets: 0.32% ($0.6 mil)
    Return on Equity (ROE): 7.30% ($1.6 mil)
    Quarterly return on equity: 2.79% ($0.6 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.05% ($1,937.9 mil)
    Quarterly Pretax return on assets: 0.50% ($922.8 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
  • 41Total employees (full-time equivalent)
  • $184,559Total assets
  • $9,368Cash and due from depository institutions
  • $0Interest-bearing balances
  • $56,334Securities
  • $1,369Federal funds sold & reverse repurchase agreements
  • $107,423Net loans & leases
  • $2,251Loan loss allowance
  • $0Trading account assets
  • $3,436Bank premises and fixed assets
  • $367Other real estate owned
  • $0Goodwill and other intangibles
  • $184,559Life insurance assets
  • $6,262All other assets
  • $162,966Total liabilities and capital
  • $160,730Total liabilities
  • $108,012Total deposits
  • $160,730Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,236Subordinated debt
  • $21,593All other liabilities
  • $21,593Total equity capital
  • $21,593Total bank equity capital
  • $0Perpetual preferred stock
  • $2,400Common stock
  • $520Surplus
  • $18,673Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,500Income earned, not collected on loans
  • $0Earning assets
  • $391Long-term assets (5+ years)
  • $165,126Average Assets, year-to-date
  • $37,038Average Assets, quarterly
  • $187,377Volatile liabilities
  • $188,352Insider loans
  • $104,493FHLB advances
  • $190,929Loans and leases held for sale
  • $1,439Unused loan commitments
  • $1,439Tier 1 (core) risk-based capital
  • $20,836Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $4,029Restructured Loans and leases
  • $3,563Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,049Total interest income
  • $329Total interest expense
  • $6,720Net interest income
  • $415Provision for loan and lease losses
  • $1,345Total noninterest income
  • $540Fiduciary activities
  • $384Service charges on deposit accounts
  • $0Trading account gains & fees
  • $421Additional noninterest income
  • $5,641Total noninterest expense
  • $2,683Salaries and employee benefits
  • $1,063Premises and equipment expense
  • $1,895Additional noninterest expense
  • $2,009Pre-tax net operating income
  • -$43Securities gains (losses)
  • $421Applicable income taxes
  • $1,545Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,545Net income attributable to bank
  • $0Net charge-offs
  • $1,545Cash dividends
  • $292Sale, conversion, retirement of capital stock, net
  • $984Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.19%Yield on earning assets
  • 0.20%Cost of funding earning assets
  • 3.99%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.84%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 7.30%Return on equity (ROE)
  • 2.65%Retained earnings to average equity (YTD only)
  • 0.26%Net charge-offs to loans
  • 142.12%Credit loss provision to net charge-offs
  • 8.30%Efficiency ratio
  • 69,944Assets per employee
  • 4.50%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 63.69%Loss allowance to loans
  • 2.05%Loss allowance to noncurrent loans
  • 90.04%Noncurrent assets plus other real estate owned to assets
  • 1.55%Noncurrent loans to loans
  • 2.28%Net loans and leases to deposits
  • 66.83%Net loans and leases to core deposits
  • 74.85%Equity capital to assets
  • 11.70%Core capital (leverage) ratio
  • 10.91%Tier 1 risk-based capital ratio
  • 19.94%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $187,377Average earning assets
  • $21,177Average equity
  • $168,313Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $83,898Managed Assets
  • 1Number of Accounts
  • $79,686Personal trust and agency accounts
  • $28,585Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $3,681Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $47,420Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 158Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,212Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,212Fiduciary accounts held in foreign offices

List of branches

  • 4 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0412Bank Of Millbrook3263 Franklin Avenue, Millbrook, NY 12545May 18, 1891Full Service Brick and Mortar
    2468658Amenia Branch5094 Route 22, Amenia, NY 12501October 23, 2003Full Service Brick and Mortar
    34775Pine Plains Branch2971 Church Street, Pine Plains, NY 12567October 10, 1839Full Service Brick and Mortar
    4214866Stanford Branch11 Hunns Lake Road, Stanfordville, NY 12581August 24, 1964Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of Millbrook.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents