CrossLand Federal Savings Bank in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 19, 1993

  • CrossLand Federal Savings Bank in New York City, New York (NY)
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CrossLand Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 33548
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: CrossLand Federal Savings Bank (#33876)
    Federal Reserve ID: 611107
    Date Established: January 24, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9623
    FDIC's unique #: 47428
    Numeric code: 44
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 24, 1992
    Last Structure Change Effective Date: August 19, 1993
    Last Structure Change Process Date: Febuary 16, 1994
    Last Data Update: March 28, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 211 Montague Street, New York City, NY 11201
    County: Kings
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $4,810.0 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $1,461Total assets
  • $5,221,250Cash and due from depository institutions
  • $165,858Interest-bearing balances
  • $100,000Securities
  • $488,220Federal funds sold & reverse repurchase agreements
  • $133,900Net loans & leases
  • $2,919,120Loan loss allowance
  • $191,513Trading account assets
  • $0Bank premises and fixed assets
  • $56,759Other real estate owned
  • $438,568Goodwill and other intangibles
  • $932,522Life insurance assets
  • $86,303All other assets
  • $0Total liabilities and capital
  • $5,221,250Total liabilities
  • $4,673,653Total deposits
  • $4,470,613Interest-bearing deposits
  • $4,435,365Deposits held in domestic offices
  • 4470613.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $137,434Subordinated debt
  • $0All other liabilities
  • $65,606Total equity capital
  • $65,606Total bank equity capital
  • $547,597Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $547,597Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $452,013Income earned, not collected on loans
  • $22,249Earning assets
  • $3,641,240Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $6,043,353Average Assets, quarterly
  • $5,500,436Volatile liabilities
  • $325,970Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $78,832Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $454,963Total risk weighted assets
  • $4,512,862Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $343,702Total interest expense
  • $207,064Net interest income
  • $136,638Provision for loan and lease losses
  • $48,000Total noninterest income
  • $80,822Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $80,822Total noninterest expense
  • $129,176Salaries and employee benefits
  • $34,919Premises and equipment expense
  • $30,453Additional noninterest expense
  • $63,804Pre-tax net operating income
  • $40,284Securities gains (losses)
  • -$131Applicable income taxes
  • $18,102Income before extraordinary items
  • $22,051Extraordinary gains - net
  • $0Net income attributable to bank
  • $22,051Net charge-offs
  • $123,138Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$469,073Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.06%Cost of funding earning assets
  • 4.85%Net interest margin
  • 3.20%Noninterest income to earning assets
  • 1.89%Noninterest expense to earning assets
  • 3.03%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.36%Pretax return on assets
  • 0.66%Return on equity (ROE)
  • 4.03%Retained earnings to average equity (YTD only)
  • 4.03%Net charge-offs to loans
  • 3.30%Credit loss provision to net charge-offs
  • 38.98%Efficiency ratio
  • 53,196Assets per employee
  • 3.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.16%Loss allowance to noncurrent loans
  • 42.37%Noncurrent assets plus other real estate owned to assets
  • 12.31%Noncurrent loans to loans
  • 14.53%Net loans and leases to deposits
  • 65.30%Net loans and leases to core deposits
  • 68.17%Equity capital to assets
  • 10.49%Core capital (leverage) ratio
  • 7.89%Tier 1 risk-based capital ratio
  • 10.08%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $6,043,353Average earning assets
  • $547,258Average equity
  • $4,266,818Average loans
1
Desiree Porter
⚠
I had a loan expunged from crossland savings how do i get documentation regarding this
2
edward lanfranchi
⚠
Aug 14, 2023 @ 11:11 am
how do i get info on savings account at CrossLand FedSavBank Found passbook my father (93) has

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