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


Emigrant Bank - Overview

  • General
  • FDIC Certificate #: 12054
    Status: Active
    Federal Reserve ID: 137915
    Bank Holding Company (Regulatory Top Holder): New York Private Bank & Trust Corporation (RSSDID: 3212091, Location: New York, NY)
    Date Established: September 30, 1850
    WWW: http://www.emigrant.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 7209
    FDIC's unique #: 7666
    Numeric code: 41
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: October 29, 2010
    Last Structure Change Process Date: December 22, 2010
    Last Data Update: December 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 5 East 42nd Street, 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
  • Office Purchased
  • Financial Summary
  • Total assets: $7,965.6 mil
    Equity capital: $1,024.6 mil
    Deposits held in domestic offices: $6,007.7 mil
    Return on assets (ROA): 0.60% ($47.8 mil)
    Quarterly return on assets: 2.11% ($168.1 mil)
    Return on Equity (ROE): 5.01% ($51.4 mil)
    Quarterly return on equity: 16.84% ($172.6 mil)
    Net income: $50.3 mil
    Quarterly Net income: $42.4 mil
    Pretax return on assets: 1.12% ($89,214.6 mil)
    Quarterly Pretax return on assets: 3.86% ($307,471.9 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
  • 572Total employees (full-time equivalent)
  • $7,965,593Total assets
  • $715,288Cash and due from depository institutions
  • $698,647Interest-bearing balances
  • $2,504,592Securities
  • $227,526Federal funds sold & reverse repurchase agreements
  • $3,577,151Net loans & leases
  • $84,479Loan loss allowance
  • $72,965Trading account assets
  • $85,445Bank premises and fixed assets
  • $61,703Other real estate owned
  • $5,285Goodwill and other intangibles
  • $7,965,593Life insurance assets
  • $715,638All other assets
  • $6,922,493Total liabilities and capital
  • $6,007,714Total liabilities
  • $5,693,620Total deposits
  • $6,007,714Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 588500.00%% insured (estimated)
  • $225,953Federal funds purchased & repurchase agreements
  • $50,000Trading liabilities
  • $0Other borrowed funds
  • $50,326Subordinated debt
  • $1,043,100All other liabilities
  • $1,024,588Total equity capital
  • $1,024,588Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $804,749Surplus
  • $219,838Undivided profits
  • Memoranda
  • $18,512Noncurrent loans and leases
  • $5,343Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $340,832Income earned, not collected on loans
  • $0Earning assets
  • $27,338Long-term assets (5+ years)
  • $7,080,881Average Assets, year-to-date
  • $929,475Average Assets, quarterly
  • $8,321,424Volatile liabilities
  • $8,041,832Insider loans
  • $4,451,778FHLB advances
  • $7,480,597Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $956,625Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $152,805Restructured Loans and leases
  • $568Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $257,062Total interest income
  • $66,261Total interest expense
  • $190,801Net interest income
  • -$1,229Provision for loan and lease losses
  • $56,309Total noninterest income
  • $398Fiduciary activities
  • $728Service charges on deposit accounts
  • -$27,570Trading account gains & fees
  • $82,753Additional noninterest income
  • $158,429Total noninterest expense
  • $95,791Salaries and employee benefits
  • $19,185Premises and equipment expense
  • $43,453Additional noninterest expense
  • $89,910Pre-tax net operating income
  • $13,881Securities gains (losses)
  • $42,648Applicable income taxes
  • $61,143Income before extraordinary items
  • $0Extraordinary gains - net
  • $50,313Net income attributable to bank
  • $10,830Net charge-offs
  • $61,143Cash dividends
  • $11,486Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.46%Yield on earning assets
  • 0.89%Cost of funding earning assets
  • 2.57%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 0.63%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 5.01%Return on equity (ROE)
  • 5.01%Retained earnings to average equity (YTD only)
  • 0.32%Net charge-offs to loans
  • -10.70%Credit loss provision to net charge-offs
  • 7.72%Efficiency ratio
  • 63,991Assets per employee
  • 13.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.31%Loss allowance to noncurrent loans
  • 24.79%Noncurrent assets plus other real estate owned to assets
  • 5.05%Noncurrent loans to loans
  • 9.31%Net loans and leases to deposits
  • 59.54%Net loans and leases to core deposits
  • 59.63%Equity capital to assets
  • 12.86%Core capital (leverage) ratio
  • 12.79%Tier 1 risk-based capital ratio
  • 21.49%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $8,321,424Average earning assets
  • $1,005,123Average equity
  • $7,438,066Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $133,376Managed Assets
  • 1Number of Accounts
  • $131,031Personal trust and agency accounts
  • $32,411Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $98,620Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 68Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $2,345Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    07666Emigrant Bank5 East 42nd Street, New York, NY 10017September 30, 1850Full Service Brick and Mortar
    59443001Emigrantdirect.Com Branch13 Croton Avenue, Ossining, NY 10562January 01, 2005Full Service Cyber
    60445544Ossining Branch13 Croton Avenue, Ossining, NY 10562November 01, 2005Full Service Brick and Mortar
    61493825Dollar Savings Direct Branch13 Croton Avenue, Ossining, NY 10562August 01, 2008Full Service Cyber

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