Empire National Bank in Islandia, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Empire National Bank - Overview

  • General
  • FDIC Certificate #: 58632
    Status: Active
    Federal Reserve ID: 3706013
    Date Established: Febuary 25, 2008
    WWW: http://www.empirenb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 460550
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 25, 2008
    Last Structure Change Effective Date: Febuary 28, 2008
    Last Structure Change Process Date: June 16, 2008
    Last Data Update: June 16, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1707 Veterans Highway, Islandia, NY 11749
    County: Suffolk
    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): Nassau-Suffolk, NY (#5380)
    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: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $339.7 mil
    Equity capital: $37.4 mil
    Deposits held in domestic offices: $265.0 mil
    Return on assets (ROA): 1.40% ($4.8 mil)
    Quarterly return on assets: 1.76% ($6.0 mil)
    Return on Equity (ROE): 13.90% ($5.1 mil)
    Quarterly return on equity: 15.69% ($5.8 mil)
    Net income: $4.6 mil
    Quarterly Net income: $1.4 mil
    Pretax return on assets: 1.18% ($4,008.8 mil)
    Quarterly Pretax return on assets: 0.87% ($2,955.7 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
  • 55Total employees (full-time equivalent)
  • $339,733Total assets
  • $4,326Cash and due from depository institutions
  • $320Interest-bearing balances
  • $114,501Securities
  • $63Federal funds sold & reverse repurchase agreements
  • $208,660Net loans & leases
  • $4,216Loan loss allowance
  • $0Trading account assets
  • $6,850Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $339,733Life insurance assets
  • $5,333All other assets
  • $302,301Total liabilities and capital
  • $265,020Total liabilities
  • $219,255Total deposits
  • $265,020Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $34,449Trading liabilities
  • $0Other borrowed funds
  • $2,832Subordinated debt
  • $37,432All other liabilities
  • $37,432Total equity capital
  • $37,432Total bank equity capital
  • $0Perpetual preferred stock
  • $4,352Common stock
  • $40,224Surplus
  • $-7,144Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,202Income earned, not collected on loans
  • $0Earning assets
  • $1,270Long-term assets (5+ years)
  • $323,544Average Assets, year-to-date
  • $222,248Average Assets, quarterly
  • $329,661Volatile liabilities
  • $324,932Insider loans
  • $237,896FHLB advances
  • $338,490Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $36,539Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $39,445Restructured Loans and leases
  • $2,383Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,763Total interest income
  • $2,515Total interest expense
  • $12,248Net interest income
  • $0Provision for loan and lease losses
  • $513Total noninterest income
  • $0Fiduciary activities
  • $335Service charges on deposit accounts
  • $0Trading account gains & fees
  • $178Additional noninterest income
  • $10,990Total noninterest expense
  • $5,367Salaries and employee benefits
  • $2,171Premises and equipment expense
  • $3,452Additional noninterest expense
  • $1,771Pre-tax net operating income
  • $2,119Securities gains (losses)
  • -$719Applicable income taxes
  • $4,609Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,609Net income attributable to bank
  • $0Net charge-offs
  • $4,609Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 3.91%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 1.40%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 13.90%Return on equity (ROE)
  • 13.90%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 86,122Assets per employee
  • 6.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.98%Loss allowance to noncurrent loans
  • 191.46%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 78.73%Net loans and leases to core deposits
  • 95.74%Equity capital to assets
  • 11.02%Core capital (leverage) ratio
  • 10.79%Tier 1 risk-based capital ratio
  • 15.36%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $329,661Average earning assets
  • $33,155Average equity
  • $313,253Average loans

List of branches

  • 3 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0460550Empire National Bank1707 Veterans Highway, Islandia, NY 11749Febuary 25, 2008Full Service Brick and Mortar
    1476041Shirley Branch1044 William Floyd Parkway, Shirley, NY 11967April 04, 2008Full Service Brick and Mortar
    2493482Port Jefferson Station Branch4747 Nesconset Highway, Unit 36, Port Jefferson Station, NY 11776January 23, 2009Full Service Brick and Mortar

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