Emigrant Savings Bank - Bronx/Westchester in Bronx, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Emigrant Savings Bank - Bronx/Westchester in Bronx, New York (NY)
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Emigrant Savings Bank - Bronx/Westchester - Overview

  • General
  • FDIC Certificate #: 58170
    Status: Active
    Federal Reserve ID: 3363966
    Bank Holding Company (Regulatory Top Holder): New York Private Bank & Trust Corporation (RSSDID: 3212091, Location: New York, NY)
    Date Established: September 01, 2005
    WWW: http://www.emigrant.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 441100
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: September 01, 2005
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2526 Grand Concourse, Bronx, NY 10458
    County: Bronx
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,039.0 mil
    Equity capital: $75.6 mil
    Deposits held in domestic offices: $940.1 mil
    Return on assets (ROA): 0.25% ($2.6 mil)
    Quarterly return on assets: 0.23% ($2.4 mil)
    Return on Equity (ROE): 3.40% ($2.6 mil)
    Quarterly return on equity: 3.09% ($2.3 mil)
    Net income: $2.6 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.41% ($4,260.0 mil)
    Quarterly Pretax return on assets: 0.35% ($3,636.6 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
  • 111Total employees (full-time equivalent)
  • $1,039,035Total assets
  • $28,915Cash and due from depository institutions
  • $0Interest-bearing balances
  • $513,944Securities
  • $190,000Federal funds sold & reverse repurchase agreements
  • $285,896Net loans & leases
  • $3,021Loan loss allowance
  • $0Trading account assets
  • $8,135Bank premises and fixed assets
  • $3,178Other real estate owned
  • $0Goodwill and other intangibles
  • $1,039,035Life insurance assets
  • $8,967All other assets
  • $963,429Total liabilities and capital
  • $940,053Total liabilities
  • $895,192Total deposits
  • $940,053Interest-bearing deposits
  • $98Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $23,376Subordinated debt
  • $75,606All other liabilities
  • $75,606Total equity capital
  • $75,606Total bank equity capital
  • $0Perpetual preferred stock
  • $22,000Common stock
  • $63,586Surplus
  • $-9,980Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $46,051Income earned, not collected on loans
  • $0Earning assets
  • $2,488Long-term assets (5+ years)
  • $989,840Average Assets, year-to-date
  • $20,865Average Assets, quarterly
  • $1,046,862Volatile liabilities
  • $1,042,546Insider loans
  • $293,435FHLB advances
  • $1,032,125Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $78,896Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $685Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $32,992Total interest income
  • $11,251Total interest expense
  • $21,741Net interest income
  • $1,482Provision for loan and lease losses
  • $2,039Total noninterest income
  • $0Fiduciary activities
  • $907Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,132Additional noninterest income
  • $18,518Total noninterest expense
  • $6,481Salaries and employee benefits
  • $2,868Premises and equipment expense
  • $9,169Additional noninterest expense
  • $3,780Pre-tax net operating income
  • $534Securities gains (losses)
  • $1,671Applicable income taxes
  • $2,643Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,643Net income attributable to bank
  • $0Net charge-offs
  • $2,643Cash dividends
  • $1,482Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.28%Yield on earning assets
  • 1.12%Cost of funding earning assets
  • 2.16%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 1.84%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.25%Return on assets (ROA)
  • 0.41%Pretax return on assets
  • 3.40%Return on equity (ROE)
  • 3.40%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 3.55%Efficiency ratio
  • 77,872Assets per employee
  • 9.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.05%Loss allowance to noncurrent loans
  • 6.56%Noncurrent assets plus other real estate owned to assets
  • 4.74%Noncurrent loans to loans
  • 15.94%Net loans and leases to deposits
  • 30.41%Net loans and leases to core deposits
  • 30.64%Equity capital to assets
  • 7.28%Core capital (leverage) ratio
  • 7.64%Tier 1 risk-based capital ratio
  • 26.89%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $1,046,862Average earning assets
  • $77,726Average equity
  • $1,004,601Average loans

List of branches

  • 8 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0441100Emigrant Savings Bank - Bronx/Westch2526 Grand Concourse, Bronx, NY 10458September 01, 2005Full Service Brick and Mortar
    2226285Galleria Fashion Plaza Branch33 Mamaroneck Avenue, White Plains, NY 10601August 13, 1980Full Service Brick and Mortar
    3235736149th Street Branch370 East 149th Street, New York City, NY 10455June 23, 1890Full Service Brick and Mortar
    4235738170th Street Branch101 East 170th Street, New York City, NY 10452June 24, 1946Full Service Brick and Mortar
    5235739Parkchester Branch74 Hugh Grant Circle, New York City, NY 10473July 01, 1942Full Service Brick and Mortar
    6235743Co-Op City Branch2021 Bartow Avenue, New York City, NY 10469June 13, 1970Full Service Brick and Mortar
    7235744Bronxville Branch85 Pondfield Road, Bronxville, NY 10708June 10, 1972Full Service Brick and Mortar
    8468810Mohegan Lake Branch1753 East Main Street, Mohegan Lake, NY 10547October 15, 2007Full Service Brick and Mortar

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