Champlain National Bank in Elizabethtown, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Champlain National Bank in Elizabethtown, New York (NY)
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Champlain National Bank - Overview

  • General
  • FDIC Certificate #: 7356
    Status: Active
    Federal Reserve ID: 126012
    Bank Holding Company (Regulatory Top Holder): Champlain Bank Corporation (RSSDID: 1138955, Location: Willsboro, NY)
    Date Established: January 01, 1934
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 10385
    FDIC's unique #: 4811
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: April 01, 2006
    Last Structure Change Process Date: December 22, 2008
    Last Data Update: December 22, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 7558 Us Route 9, Elizabethtown, NY 12932
    County: Essex
    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
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $224.9 mil
    Equity capital: $18.0 mil
    Deposits held in domestic offices: $191.5 mil
    Return on assets (ROA): 0.78% ($1.8 mil)
    Quarterly return on assets: 0.60% ($1.4 mil)
    Return on Equity (ROE): 9.70% ($1.7 mil)
    Quarterly return on equity: 7.18% ($1.3 mil)
    Net income: $1.7 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.84% ($1,889.0 mil)
    Quarterly Pretax return on assets: 0.10% ($224.9 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
  • 69Total employees (full-time equivalent)
  • $224,881Total assets
  • $4,656Cash and due from depository institutions
  • $240Interest-bearing balances
  • $95,045Securities
  • $59Federal funds sold & reverse repurchase agreements
  • $112,540Net loans & leases
  • $2,069Loan loss allowance
  • $0Trading account assets
  • $2,683Bank premises and fixed assets
  • $294Other real estate owned
  • $0Goodwill and other intangibles
  • $224,881Life insurance assets
  • $9,604All other assets
  • $206,879Total liabilities and capital
  • $191,528Total liabilities
  • $147,452Total deposits
  • $191,528Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $5,351Subordinated debt
  • $18,002All other liabilities
  • $18,002Total equity capital
  • $18,002Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $16,002Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $884Income earned, not collected on loans
  • $0Earning assets
  • $938Long-term assets (5+ years)
  • $207,884Average Assets, year-to-date
  • $115,174Average Assets, quarterly
  • $220,529Volatile liabilities
  • $224,132Insider loans
  • $134,783FHLB advances
  • $227,620Loans and leases held for sale
  • $4,715Unused loan commitments
  • $4,010Tier 1 (core) risk-based capital
  • $18,706Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $705Total unused commitments
  • $25,177Restructured Loans and leases
  • $1,786Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,954Total interest income
  • $1,020Total interest expense
  • $8,934Net interest income
  • $587Provision for loan and lease losses
  • $1,902Total noninterest income
  • $0Fiduciary activities
  • $853Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,049Additional noninterest income
  • $8,357Total noninterest expense
  • $4,681Salaries and employee benefits
  • $960Premises and equipment expense
  • $2,716Additional noninterest expense
  • $1,892Pre-tax net operating income
  • -$30Securities gains (losses)
  • $152Applicable income taxes
  • $1,710Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,710Net income attributable to bank
  • $0Net charge-offs
  • $1,710Cash dividends
  • $354Sale, conversion, retirement of capital stock, net
  • $327Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 0.51%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 4.17%Noninterest expense to earning assets
  • 0.79%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.84%Pretax return on assets
  • 9.70%Return on equity (ROE)
  • 7.85%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • 165.82%Credit loss provision to net charge-offs
  • 7.00%Efficiency ratio
  • 77,123Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.12%Loss allowance to loans
  • 1.81%Loss allowance to noncurrent loans
  • 234.05%Noncurrent assets plus other real estate owned to assets
  • 0.52%Noncurrent loans to loans
  • 0.77%Net loans and leases to deposits
  • 58.76%Net loans and leases to core deposits
  • 60.73%Equity capital to assets
  • 8.01%Core capital (leverage) ratio
  • 8.22%Tier 1 risk-based capital ratio
  • 13.88%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $220,529Average earning assets
  • $17,627Average equity
  • $200,404Average loans

List of branches

  • 9 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04811Champlain National Bank7558 Us Route 9, Elizabethtown, NY 12932January 01, 1934Full Service Brick and Mortar
    2215280Westport Branch6478 Main Street, Westport, NY 12993November 23, 1959Full Service Brick and Mortar
    3215281Crown Point Branch2687 Main Street, Crown Point, NY 12928August 13, 1973Full Service Brick and Mortar
    4215282Keene Branch10849 Nys Route 9n, Keene, NY 12942November 09, 1987Full Service Brick and Mortar
    5215283Willsboro Branch3900 Nys Route 22, Willsboro, NY 12996March 04, 1991Full Service Brick and Mortar
    6215284Plattsburgh Branch32 Cornelia Street, Plattsburgh, NY 12901September 09, 1992Full Service Brick and Mortar
    7215285Champlain Branch636 Route 11, Champlain, NY 12919November 12, 1996Full Service Brick and Mortar
    8215286West Plattsburgh Branch500 Nys Route 3, Plattsburgh, NY 12901August 24, 1999Full Service Brick and Mortar
    9453116Lake Placid Branch1992 Saranac Avenue, Lake Placid, NY 12946June 20, 2006Full Service Brick and Mortar

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