Carthage Federal Savings and Loan Association in Carthage, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Carthage Federal Savings and Loan Association in Carthage, New York (NY)
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Carthage Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28942
    Status: Active
    Federal Reserve ID: 900678
    Date Established: January 01, 1888
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 2657
    FDIC's unique #: 41776
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: September 19, 1951
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 313 State St, Carthage, NY 13619
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Watertown-Fort Drum, NY (#48060)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $171.1 mil
    Equity capital: $15.9 mil
    Deposits held in domestic offices: $147.0 mil
    Return on assets (ROA): 0.75% ($1.3 mil)
    Quarterly return on assets: 0.47% ($0.8 mil)
    Return on Equity (ROE): 8.16% ($1.3 mil)
    Quarterly return on equity: 5.05% ($0.8 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.12% ($1,916.0 mil)
    Quarterly Pretax return on assets: 0.35% ($598.7 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
  • 33Total employees (full-time equivalent)
  • $171,067Total assets
  • $13,182Cash and due from depository institutions
  • $11,555Interest-bearing balances
  • $8,250Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $143,231Net loans & leases
  • $579Loan loss allowance
  • $0Trading account assets
  • $1,289Bank premises and fixed assets
  • $40Other real estate owned
  • $0Goodwill and other intangibles
  • $171,067Life insurance assets
  • $5,075All other assets
  • $155,211Total liabilities and capital
  • $147,024Total liabilities
  • $142,245Total deposits
  • $147,024Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $7,853Trading liabilities
  • $0Other borrowed funds
  • $334Subordinated debt
  • $15,856All other liabilities
  • $15,856Total equity capital
  • $15,856Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $0Surplus
  • $15,855Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,007Income earned, not collected on loans
  • $599Earning assets
  • $583Long-term assets (5+ years)
  • $163,036Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $167,787Volatile liabilities
  • $169,325Insider loans
  • $83,477FHLB advances
  • $171,007Loans and leases held for sale
  • $2,941Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,049Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,308Restructured Loans and leases
  • $1,345Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,029Total interest income
  • $2,525Total interest expense
  • $5,504Net interest income
  • $72Provision for loan and lease losses
  • $778Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $778Additional noninterest income
  • $4,330Total noninterest expense
  • $2,467Salaries and employee benefits
  • $676Premises and equipment expense
  • $1,187Additional noninterest expense
  • $1,880Pre-tax net operating income
  • $0Securities gains (losses)
  • $623Applicable income taxes
  • $1,257Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,257Net income attributable to bank
  • $0Net charge-offs
  • $1,257Cash dividends
  • $21Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 1.58%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.75%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 8.16%Return on equity (ROE)
  • 8.16%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 342.86%Credit loss provision to net charge-offs
  • 92.95%Efficiency ratio
  • 68,927Assets per employee
  • 5.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.40%Loss allowance to noncurrent loans
  • 57.50%Noncurrent assets plus other real estate owned to assets
  • 0.61%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 97.42%Net loans and leases to core deposits
  • 104.73%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 9.97%Tier 1 risk-based capital ratio
  • 20.42%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $167,787Average earning assets
  • $15,403Average equity
  • $160,240Average loans

List of branches

  • 4 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041776Carthage Federal Savings And Loan As313 State St, Carthage, NY 13619January 01, 1888Full Service Brick and Mortar
    1495122Watertown Branch146 Arsenal St. Ste. 11, Watertown, NY 13601June 30, 2003Full Service Brick and Mortar
    2518612Clayton Loan Production Office325 State Street, Clayton, NY 13624October 01, 2009Limited Service Loan Production
    3522155Clayton Branch325 State Street, Clayton, NY 13624October 01, 2009Full Service Brick and Mortar

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