Country Bank in city_name, state_name - Detailed Financial Reports, Location

Country Bank in New York, New York (NY)
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Country Bank routing number info

Country Bank - Overview

General
FDIC Certificate #: 27226
Status: Active
Federal Reserve ID: 1191482
Bank Holding Company (Regulatory Top Holder): Country Bank Holding Company, Inc. (RSSDID: 3200230, Location: New York, NY)
Date Established: April 21, 1988
WWW: http://www.countrybnk.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Domestic: 5, Interstate: No)
OTS Docket #: 12007
FDIC's unique #: 39160
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: Commercial Lending Specialization
Date of Deposit Insurance: April 21, 1988
Last Structure Change Effective Date: October 14, 2011
Last Structure Change Process Date: October 20, 2011
Last Data Update: October 20, 2011
Data Source Date: April 05, 2012
Location
Address: 655 Third Avenue, 9th Floor, New York, NY 10017
County: New York
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)
History of Changes
Change in Location
Financial Summary
Total assets: $468.2 mil
Equity capital: $35.5 mil
Deposits held in domestic offices: $411.4 mil
Return on assets (ROA): 0.66% ($3.1 mil)
Quarterly return on assets: 0.69% ($3.2 mil)
Return on Equity (ROE): 8.55% ($3.1 mil)
Quarterly return on equity: 9.21% ($3.3 mil)
Net income: $3.0 mil
Quarterly Net income: $0.8 mil
Pretax return on assets: 0.94% ($4,401.1 mil)
Quarterly Pretax return on assets: 0.91% ($4,260.6 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
52Total employees (full-time equivalent)
$468,203Total assets
$44,875Cash and due from depository institutions
$41,333Interest-bearing balances
$101,752Securities
$0Federal funds sold & reverse repurchase agreements
$306,647Net loans & leases
$6,020Loan loss allowance
$0Trading account assets
$699Bank premises and fixed assets
$4,169Other real estate owned
$166Goodwill and other intangibles
$468,202Life insurance assets
$9,895All other assets
$432,670Total liabilities and capital
$411,357Total liabilities
$329,657Total deposits
$411,357Interest-bearing deposits
$94Deposits held in domestic offices
19000.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,313Subordinated debt
$35,532All other liabilities
$35,532Total equity capital
$35,532Total bank equity capital
$0Perpetual preferred stock
$4,614Common stock
$12,545Surplus
$18,373Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15,127Income earned, not collected on loans
$0Earning assets
$2,297Long-term assets (5+ years)
$449,732Average Assets, year-to-date
$124,517Average Assets, quarterly
$457,404Volatile liabilities
$464,183Insider loans
$317,637FHLB advances
$467,061Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$35,773Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,005Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$24,841Total interest income
$9,244Total interest expense
$15,597Net interest income
$3,200Provision for loan and lease losses
$528Total noninterest income
$0Fiduciary activities
$438Service charges on deposit accounts
$0Trading account gains & fees
$90Additional noninterest income
$12,366Total noninterest expense
$5,842Salaries and employee benefits
$1,672Premises and equipment expense
$4,852Additional noninterest expense
$559Pre-tax net operating income
$3,747Securities gains (losses)
$1,286Applicable income taxes
$3,020Income before extraordinary items
$0Extraordinary gains - net
$3,020Net income attributable to bank
$0Net charge-offs
$3,020Cash dividends
$814Sale, conversion, retirement of capital stock, net
$2,250Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.68%Yield on earning assets
2.11%Cost of funding earning assets
3.57%Net interest margin
0.12%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
0.09%Net operating income to assets
0.66%Return on assets (ROA)
0.94%Pretax return on assets
8.55%Return on equity (ROE)
2.18%Retained earnings to average equity (YTD only)
0.27%Net charge-offs to loans
393.12%Credit loss provision to net charge-offs
4.62%Efficiency ratio
76,688Assets per employee
9.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
74.50%Loss allowance to loans
1.93%Loss allowance to noncurrent loans
39.80%Noncurrent assets plus other real estate owned to assets
4.12%Noncurrent loans to loans
4.84%Net loans and leases to deposits
74.55%Net loans and leases to core deposits
93.52%Equity capital to assets
7.59%Core capital (leverage) ratio
7.66%Tier 1 risk-based capital ratio
11.26%Total risk-based capital ratio
Memoranda
$13Average assets
$457,404Average earning assets
$35,331Average equity
$437,442Average loans

List of branches

5 New York Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	39160	Country Bank	655 Third Avenue, 9th Floor, New York, NY 10017	April 21, 1988	Full Service Brick and Mortar
1	261418	583 West 235th Street Branch	583 West 235th Street, Bronx, NY 10463	March 07, 1996	Full Service Brick and Mortar
2	261419	4349 Katonah Avenue Branch	4349 Katonah Avenue, Bronx, NY 10470	June 18, 1994	Full Service Brick and Mortar
3	261420	Scarsdale Branch	80 Garth Road, Scarsdale, NY 10583	April 05, 1997	Full Service Brick and Mortar
6	365221	902 Second Ave Branch	902 Second Ave., New York, NY 10017	November 19, 2001	Full Service Brick and Mortar

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

Country Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Country Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

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