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


  • Emigrant Savings Bank - Manhattan in New York, New York (NY)
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Emigrant Savings Bank - Manhattan - Overview

  • General
  • FDIC Certificate #: 58168
    Status: Active
    Federal Reserve ID: 3363957
    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: 10 (Domestic: 10, Interstate: No)
    FDIC's unique #: 441097
    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: August 05, 2011
    Last Structure Change Process Date: Febuary 16, 2012
    Last Data Update: Febuary 16, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 250 W. 23rd Street, New York, NY 10011
    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: $1,245.3 mil
    Equity capital: $100.1 mil
    Deposits held in domestic offices: $1,100.7 mil
    Return on assets (ROA): 0.34% ($4.2 mil)
    Quarterly return on assets: 0.50% ($6.2 mil)
    Return on Equity (ROE): 4.14% ($4.1 mil)
    Quarterly return on equity: 6.12% ($6.1 mil)
    Net income: $4.2 mil
    Quarterly Net income: $1.5 mil
    Pretax return on assets: 0.56% ($6,973.5 mil)
    Quarterly Pretax return on assets: 0.83% ($10,335.8 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
  • 85Total employees (full-time equivalent)
  • $1,245,276Total assets
  • $31,851Cash and due from depository institutions
  • $0Interest-bearing balances
  • $675,124Securities
  • $180,000Federal funds sold & reverse repurchase agreements
  • $344,930Net loans & leases
  • $4,209Loan loss allowance
  • $0Trading account assets
  • $2,361Bank premises and fixed assets
  • $3,529Other real estate owned
  • $0Goodwill and other intangibles
  • $1,245,276Life insurance assets
  • $7,481All other assets
  • $1,145,198Total liabilities and capital
  • $1,100,675Total liabilities
  • $1,023,405Total deposits
  • $1,100,675Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,150Trading liabilities
  • $0Other borrowed funds
  • $36,373Subordinated debt
  • $100,078All other liabilities
  • $100,078Total equity capital
  • $100,078Total bank equity capital
  • $0Perpetual preferred stock
  • $24,000Common stock
  • $74,449Surplus
  • $1,629Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $34,608Income earned, not collected on loans
  • $0Earning assets
  • $3,232Long-term assets (5+ years)
  • $1,200,054Average Assets, year-to-date
  • $30,617Average Assets, quarterly
  • $1,239,975Volatile liabilities
  • $1,240,152Insider loans
  • $334,517FHLB advances
  • $1,225,434Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $104,656Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,774Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $41,511Total interest income
  • $13,325Total interest expense
  • $28,186Net interest income
  • $1,779Provision for loan and lease losses
  • $1,008Total noninterest income
  • $0Fiduciary activities
  • $546Service charges on deposit accounts
  • $0Trading account gains & fees
  • $462Additional noninterest income
  • $21,087Total noninterest expense
  • $5,443Salaries and employee benefits
  • $5,307Premises and equipment expense
  • $10,337Additional noninterest expense
  • $6,328Pre-tax net operating income
  • $671Securities gains (losses)
  • $2,824Applicable income taxes
  • $4,175Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,175Net income attributable to bank
  • $0Net charge-offs
  • $4,175Cash dividends
  • $1,589Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.45%Yield on earning assets
  • 1.11%Cost of funding earning assets
  • 2.34%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 1.75%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.34%Return on assets (ROA)
  • 0.56%Pretax return on assets
  • 4.14%Return on equity (ROE)
  • 4.14%Retained earnings to average equity (YTD only)
  • 0.42%Net charge-offs to loans
  • 111.96%Credit loss provision to net charge-offs
  • 5.10%Efficiency ratio
  • 72,231Assets per employee
  • 14.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 12.16%Noncurrent assets plus other real estate owned to assets
  • 3.06%Noncurrent loans to loans
  • 9.91%Net loans and leases to deposits
  • 31.34%Net loans and leases to core deposits
  • 31.81%Equity capital to assets
  • 8.04%Core capital (leverage) ratio
  • 8.54%Tier 1 risk-based capital ratio
  • 31.29%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $1,239,975Average earning assets
  • $100,967Average equity
  • $1,202,036Average loans

List of branches

  • 9 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0441097Emigrant Savings Bank - Manhattan250 W. 23rd Street, New York, NY 10011September 01, 2005Full Service Brick and Mortar
    1226272Seventh Avenue Branch31st Street And 7th Avenue, New York City, NY 10001December 01, 1953Full Service Brick and Mortar
    210204Prudential Savings Branch10 Downing Street, New York, NY 10014January 01, 1851Full Service Brick and Mortar
    4236798Hudson Street Branch375 Hudson Street, New York City, NY 10013January 11, 1954Full Service Brick and Mortar
    5236296Public Accommodation Branch110 Church Street, New York City, NY 10007July 06, 1976Full Service Brick and Mortar
    7237093Bowery Branch105 Second Avenue, New York City, NY 10003January 01, 1937Full Service Brick and Mortar
    8237095Grand Street Branch465 Grand Street, New York City, NY 10002September 05, 1962Full Service Brick and Mortar
    9237104Lexington Avenue Branch1270 Lexington Avenue, New York City, NY 10028December 06, 1976Full Service Brick and Mortar
    10226288Lexington Avenue Branch812-814 Lexington Avenue, New York City, NY 10022Febuary 21, 1992Full Service Brick and Mortar

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