City National Bank and Trust Company in Gloversville, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 10, 2006

  • City National Bank and Trust Company in Gloversville, New York (NY)
  • Show street view No street view available for this location

City National Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 7075
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NBT Bank, National Association (#7230)
    Federal Reserve ID: 845108
    Date Established: January 01, 1887
    WWW: http://www.citynatlbank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    OTS Docket #: 13651
    FDIC's unique #: 4716
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: Febuary 10, 2006
    Last Structure Change Process Date: Febuary 24, 2006
    Last Data Update: Febuary 24, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 12-20 North Main Street, Gloversville, NY 12078
    County: Fulton
    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
    Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
    Core Based Statistical Area (CBSA): Gloversville, NY (#24100)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $397.9 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, 2005)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $397,937Total assets
  • $12,049Cash and due from depository institutions
  • $286Interest-bearing balances
  • $157,441Securities
  • $7,500Federal funds sold & reverse repurchase agreements
  • $195,484Net loans & leases
  • $2,409Loan loss allowance
  • $0Trading account assets
  • $5,619Bank premises and fixed assets
  • $36Other real estate owned
  • $6,557Goodwill and other intangibles
  • $0Life insurance assets
  • $13,251All other assets
  • $397,937Total liabilities and capital
  • $359,048Total liabilities
  • $333,967Total deposits
  • $287,966Interest-bearing deposits
  • $333,967Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $7,810Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $16,570Other borrowed funds
  • $0Subordinated debt
  • $701All other liabilities
  • $38,889Total equity capital
  • $38,889Total bank equity capital
  • $38,889Perpetual preferred stock
  • $0Common stock
  • $4,000Surplus
  • $19,057Undivided profits
  • Memoranda
  • $15,832Noncurrent loans and leases
  • $27,996Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $325Earning assets
  • $0Long-term assets (5+ years)
  • $1,765Average Assets, year-to-date
  • $360,711Average Assets, quarterly
  • $147,824Volatile liabilities
  • $412,170Insider loans
  • $400,738FHLB advances
  • $39,464Loans and leases held for sale
  • $8,193Unused loan commitments
  • $16,570Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $27,996Total unused commitments
  • $58Restructured Loans and leases
  • $2,409Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $20,152Total interest income
  • $6,354Total interest expense
  • $13,798Net interest income
  • $270Provision for loan and lease losses
  • $1,737Total noninterest income
  • $204Fiduciary activities
  • $840Service charges on deposit accounts
  • $0Trading account gains & fees
  • $693Additional noninterest income
  • $11,331Total noninterest expense
  • $5,672Salaries and employee benefits
  • $1,147Premises and equipment expense
  • $4,512Additional noninterest expense
  • $3,934Pre-tax net operating income
  • $212Securities gains (losses)
  • $1,231Applicable income taxes
  • $2,915Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,915Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $192Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.38%Yield on earning assets
  • 1.70%Cost of funding earning assets
  • 3.68%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 3.02%Noninterest expense to earning assets
  • 0.67%Net operating income to assets
  • 0.71%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 7.61%Return on equity (ROE)
  • 6.04%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 140.63%Credit loss provision to net charge-offs
  • 21.90%Efficiency ratio
  • 72,346Assets per employee
  • 4.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 20.58%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 741.23%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.16%Net loans and leases to deposits
  • 58.53%Net loans and leases to core deposits
  • 64.44%Equity capital to assets
  • 9.77%Core capital (leverage) ratio
  • 8.44%Tier 1 risk-based capital ratio
  • 15.77%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $412,170Average earning assets
  • $38,330Average equity
  • $374,837Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $39Managed Assets
  • 1Number of Accounts
  • $39Personal trust and agency accounts
  • $23Employee benefit-defined contribution accounts
  • $3Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $13Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 85Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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