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


Bank of Utica - Overview

  • General
  • FDIC Certificate #: 13397
    Status: Active
    Federal Reserve ID: 254317
    Date Established: April 23, 1927
    WWW: http://www.bankofutica.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 8439
    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: Other Specialized Lending < 1 Billion
    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: 222 Genesee Street, Utica, NY 13502
    County: Oneida
    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): Utica-Rome, NY (#8680)
    Core Based Statistical Area (CBSA): Utica-Rome, NY (#46540)
    CBSA Metro Statistical Area: Utica-Rome, NY (#46540)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $878.1 mil
    Equity capital: $130.1 mil
    Deposits held in domestic offices: $728.7 mil
    Return on assets (ROA): 1.56% ($13.7 mil)
    Quarterly return on assets: 1.76% ($15.5 mil)
    Return on Equity (ROE): 11.03% ($14.3 mil)
    Quarterly return on equity: 12.37% ($16.1 mil)
    Net income: $13.6 mil
    Quarterly Net income: $3.9 mil
    Pretax return on assets: 2.26% ($19,844.1 mil)
    Quarterly Pretax return on assets: 2.45% ($21,512.4 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
  • 35Total employees (full-time equivalent)
  • $878,058Total assets
  • $13,229Cash and due from depository institutions
  • $8,541Interest-bearing balances
  • $798,632Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $52,581Net loans & leases
  • $839Loan loss allowance
  • $0Trading account assets
  • $410Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $878,058Life insurance assets
  • $13,206All other assets
  • $747,977Total liabilities and capital
  • $728,701Total liabilities
  • $699,905Total deposits
  • $728,701Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,700Trading liabilities
  • $0Other borrowed funds
  • $10,576Subordinated debt
  • $130,081All other liabilities
  • $130,081Total equity capital
  • $130,081Total bank equity capital
  • $0Perpetual preferred stock
  • $5,000Common stock
  • $85,110Surplus
  • $39,971Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $190Income earned, not collected on loans
  • $0Earning assets
  • $10,144Long-term assets (5+ years)
  • $859,754Average Assets, year-to-date
  • $69,575Average Assets, quarterly
  • $874,703Volatile liabilities
  • $889,473Insider loans
  • $766,057FHLB advances
  • $906,640Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $117,486Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,448Restructured Loans and leases
  • $412Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $33,494Total interest income
  • $9,842Total interest expense
  • $23,652Net interest income
  • $0Provision for loan and lease losses
  • $459Total noninterest income
  • $0Fiduciary activities
  • $252Service charges on deposit accounts
  • $0Trading account gains & fees
  • $207Additional noninterest income
  • $5,444Total noninterest expense
  • $2,762Salaries and employee benefits
  • $920Premises and equipment expense
  • $1,762Additional noninterest expense
  • $18,667Pre-tax net operating income
  • $1,103Securities gains (losses)
  • $6,150Applicable income taxes
  • $13,620Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,620Net income attributable to bank
  • $0Net charge-offs
  • $13,620Cash dividends
  • $1,286Sale, conversion, retirement of capital stock, net
  • $2,325Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.91%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 2.76%Net interest margin
  • 0.05%Noninterest income to earning assets
  • 0.64%Noninterest expense to earning assets
  • 1.47%Net operating income to assets
  • 1.56%Return on assets (ROA)
  • 2.26%Pretax return on assets
  • 11.03%Return on equity (ROE)
  • 9.15%Retained earnings to average equity (YTD only)
  • 2.41%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 14.52%Efficiency ratio
  • 22,579Assets per employee
  • 25.09%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.07%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 441.58%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.36%Net loans and leases to deposits
  • 7.22%Net loans and leases to core deposits
  • 7.46%Equity capital to assets
  • 14.81%Core capital (leverage) ratio
  • 12.96%Tier 1 risk-based capital ratio
  • 15.34%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $874,703Average earning assets
  • $123,456Average equity
  • $855,685Average loans

List of branches

  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    08439Bank Of Utica222 Genesee Street, Utica, NY 13502April 23, 1927Full 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 Utica.
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