Empire State Bank in Newburgh, New York (NY)

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Empire State Bank routing number info

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Empire State Bank
GeneralFDIC Certificate #: 57672
Status: Active
Federal Reserve ID: 3277241
Bank Holding Company (Regulatory Top Holder): Es Bancshares, Inc (RSSDID: 3439610, Location: Newburgh, NY)
Date Established: June 28, 2004
WWW: http://www.esbna.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 419378
Numeric code: 13
Regulator: FED
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: June 28, 2004
Last Structure Change Effective Date: March 09, 2009
Last Structure Change Process Date: March 26, 2009
Last Data Update: March 26, 2009
Data Source Date: April 05, 2012
LocationAddress: 68 North Plank Road, Newburgh, NY 12550
County: Orange
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): Newburgh, NY-PA (#5660)
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): Poughkeepsie-Newburgh-Middletown, NY (#39100)
CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
History of ChangesChange in Primary Regulatory Agency
Name Change
Change in Chartering Agent
Financial SummaryTotal assets: $161.3 mil
Equity capital: $14.3 mil
Deposits held in domestic offices: $139.8 mil
Return on assets (ROA): 0.35% ($0.6 mil)
Quarterly return on assets: 0.20% ($0.3 mil)
Return on Equity (ROE): 4.02% ($0.6 mil)
Quarterly return on equity: 2.27% ($0.3 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 0.36% ($580.6 mil)
Quarterly Pretax return on assets: 0.10% ($161.3 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)
Total employees (full-time equivalent)37
Total assets$161,279
Cash and due from depository institutions$8,682
Interest-bearing balances$6,483
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$127,706
Loan loss allowance $1,956
Trading account assets$0
Bank premises and fixed assets$2,032
Other real estate owned$1,241
Goodwill and other intangibles$619
All other assets$2,243
Life insurance assets$161,279
Total liabilities and capital$147,000
Total liabilities$139,802
Total deposits$119,660
Interest-bearing deposits$139,802
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$6,504
Other borrowed funds $0
Subordinated debt $694
All other liabilities $14,279
Total equity capital$14,279
Total bank equity capital$14,279
Perpetual preferred stock$0
Common stock$8,596
Undivided profits $-7,804
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,709
Income earned, not collected on loans $2,506
Earning assets $0
Long-term assets (5+ years) $582
Average Assets, year-to-date $152,945
Average Assets, quarterly $52,494
Volatile liabilities $161,742
Insider loans $162,196
FHLB advances $115,128
Loans and leases held for sale $163,822
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $13,528
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,624
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,543
Total interest expense $2,161
Net interest income $5,382
Provision for loan and lease losses $520
Total noninterest income $1,293
Fiduciary activities $0
Service charges on deposit accounts $454
Trading account gains & fees $0
Additional noninterest income $839
Total noninterest expense $5,644
Salaries and employee benefits $2,756
Premises and equipment expense $703
Additional noninterest expense $2,185
Pre-tax net operating income $511
Securities gains (losses) $69
Applicable income taxes $20
Income before extraordinary items $560
Extraordinary gains - net $0
Net income attributable to bank $560
Net charge-offs $0
Cash dividends $560
Sale, conversion, retirement of capital stock, net $581
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.87%
Cost of funding earning assets 1.40%
Net interest margin 3.47%
Noninterest income to earning assets 0.83%
Noninterest expense to earning assets 3.64%
Net operating income to assets 0.30%
Return on assets (ROA) 0.35%
Pretax return on assets 0.36%
Return on equity (ROE) 4.02%
Retained earnings to average equity (YTD only) 4.02%
Net charge-offs to loans 0.46%
Credit loss provision to net charge-offs 89.50%
Efficiency ratio1.77%
Assets per employee$84,554
Cash dividends to net income (YTD only)4.36%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.51%
Noncurrent assets plus other real estate owned to assets 78.05%
Noncurrent loans to loans 2.32%
Net loans and leases to deposits1.93%
Net loans and leases to core deposits 91.35%
Equity capital to assets 96.20%
Core capital (leverage) ratio 8.85%
Tier 1 risk-based capital ratio 8.26%
Total risk-based capital ratio 11.75%
Average assets$13
Average earning assets$161,742
Average equity $13,941
Average loans $154,881
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4 New York Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0419378Empire State Bank68 North Plank Road, Newburgh, NY 12550June 28, 2004Full Service Brick and Mortar
1432287New Paltz Branch275 Main St., New Paltz, NY 12561September 07, 2004Full Service Brick and Mortar
2439947Messenger Service BranchOrange/Ulster/dutchess Cts, Newburgh, NY 12550April 01, 2005Limited Service Messenger
3470063Railroad Avenue Branch1361 N. Railroad Avenue, Staten Island, NY 10306November 13, 2007Full Service Brick and Mortar
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