CFS Bank in Woodhaven, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 2001

  • CFS Bank in Woodhaven, New York (NY)
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CFS Bank - Overview

  • General
  • FDIC Certificate #: 28629
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: New York Community Bank (#16022)
    Federal Reserve ID: 338673
    Date Established: January 01, 1899
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1989
    FDIC's unique #: 41463
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: July 03, 1935
    Last Structure Change Effective Date: January 31, 2001
    Last Structure Change Process Date: Febuary 20, 2001
    Last Data Update: Febuary 20, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 93-22 Jamaica Ave, Woodhaven, NY 11421
    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)
  • Financial Summary
  • Total assets: $2,708.5 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 642Total employees (full-time equivalent)
  • $2,708,529Total assets
  • $81,573Cash and due from depository institutions
  • $0Interest-bearing balances
  • $305,971Securities
  • $8,000Federal funds sold & reverse repurchase agreements
  • $2,181,088Net loans & leases
  • $17,752Loan loss allowance
  • $0Trading account assets
  • $31,449Bank premises and fixed assets
  • $551Other real estate owned
  • $432Goodwill and other intangibles
  • $0Life insurance assets
  • $99,465All other assets
  • $2,708,529Total liabilities and capital
  • $2,559,934Total liabilities
  • $2,110,714Total deposits
  • $2,012,914Interest-bearing deposits
  • $2,110,714Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $419,500Other borrowed funds
  • $0Subordinated debt
  • $29,720All other liabilities
  • $148,595Total equity capital
  • $148,595Total bank equity capital
  • $148,595Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $74,932Undivided profits
  • Memoranda
  • $73,663Noncurrent loans and leases
  • $161,369Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,073Earning assets
  • $0Long-term assets (5+ years)
  • $14,070Average Assets, year-to-date
  • $2,495,059Average Assets, quarterly
  • $0Volatile liabilities
  • $2,917,589Insider loans
  • $2,838,735FHLB advances
  • $718,920Loans and leases held for sale
  • $12,964Unused loan commitments
  • $419,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $161,369Total unused commitments
  • $569Restructured Loans and leases
  • $16,322Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $210,546Total interest income
  • $126,327Total interest expense
  • $84,219Net interest income
  • $1,496Provision for loan and lease losses
  • $36,435Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $36,435Additional noninterest income
  • $82,484Total noninterest expense
  • $35,273Salaries and employee benefits
  • $16,404Premises and equipment expense
  • $30,807Additional noninterest expense
  • $36,674Pre-tax net operating income
  • -$14,600Securities gains (losses)
  • $21,159Applicable income taxes
  • $915Income before extraordinary items
  • $0Extraordinary gains - net
  • $915Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $429Sale, conversion, retirement of capital stock, net
  • $3,000Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.72%Yield on earning assets
  • 4.63%Cost of funding earning assets
  • 3.09%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.35%Net operating income to assets
  • 0.03%Return on assets (ROA)
  • 0.76%Pretax return on assets
  • 0.61%Return on equity (ROE)
  • -1.38%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 348.72%Credit loss provision to net charge-offs
  • 88.97%Efficiency ratio
  • 65,465Assets per employee
  • 4.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 327.87%Loss allowance to loans
  • 0.81%Loss allowance to noncurrent loans
  • 349.93%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.23%Net loans and leases to deposits
  • 103.33%Net loans and leases to core deposits
  • 120.42%Equity capital to assets
  • 5.49%Core capital (leverage) ratio
  • 6.25%Tier 1 risk-based capital ratio
  • 12.38%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,917,589Average earning assets
  • $151,122Average equity
  • $2,727,340Average loans

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