European American Bank in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 17, 2001

  • European American Bank in New York City, New York (NY)
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European American Bank - Overview

  • General
  • FDIC Certificate #: 19882
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citibank, National Association (#7213)
    Federal Reserve ID: 736309
    Date Established: January 02, 1953
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 99 (Interstate: No)
    FDIC's unique #: 13669
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 02, 1968
    Last Structure Change Effective Date: July 17, 2001
    Last Structure Change Process Date: July 31, 2001
    Last Data Update: July 31, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 Broadway, New York City, NY 10271
    County: New York
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: Chicago
    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)
  • Financial Summary
  • Total assets: $14,970.7 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 2,210Total employees (full-time equivalent)
  • $15,426,819Total assets
  • $538,280Cash and due from depository institutions
  • $600Interest-bearing balances
  • $5,596,873Securities
  • $109,175Federal funds sold & reverse repurchase agreements
  • $8,402,119Net loans & leases
  • $115,239Loan loss allowance
  • $2,124Trading account assets
  • $69,706Bank premises and fixed assets
  • $1,367Other real estate owned
  • $146,127Goodwill and other intangibles
  • $0Life insurance assets
  • $561,048All other assets
  • $15,426,819Total liabilities and capital
  • $14,451,877Total liabilities
  • $11,486,269Total deposits
  • $9,291,177Interest-bearing deposits
  • $11,027,592Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $615,670Federal funds purchased & repurchase agreements
  • $2,109Trading liabilities
  • $2,026,066Other borrowed funds
  • $0Subordinated debt
  • $321,763All other liabilities
  • $974,942Total equity capital
  • $974,942Total bank equity capital
  • $974,942Perpetual preferred stock
  • $350,000Common stock
  • $99,000Surplus
  • $337,623Undivided profits
  • Memoranda
  • $188,319Noncurrent loans and leases
  • $1,926,842Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $82,988Earning assets
  • $0Long-term assets (5+ years)
  • $34,775Average Assets, year-to-date
  • $14,108,767Average Assets, quarterly
  • $5,896,114Volatile liabilities
  • $15,131,588Insider loans
  • $15,405,421FHLB advances
  • $6,709,295Loans and leases held for sale
  • $3,710Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,491,310Tier 2 risk-based capital
  • $329,000Total risk weighted assets
  • $1,926,842Total unused commitments
  • $0Restructured Loans and leases
  • $115,239Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $1,128,041Total interest income
  • $646,998Total interest expense
  • $481,043Net interest income
  • $34,500Provision for loan and lease losses
  • $106,474Total noninterest income
  • $0Fiduciary activities
  • $49,799Service charges on deposit accounts
  • $133Trading account gains & fees
  • $56,542Additional noninterest income
  • $355,963Total noninterest expense
  • $131,883Salaries and employee benefits
  • $46,189Premises and equipment expense
  • $177,891Additional noninterest expense
  • $197,054Pre-tax net operating income
  • $1,259Securities gains (losses)
  • $55,158Applicable income taxes
  • $143,155Income before extraordinary items
  • $0Extraordinary gains - net
  • $143,155Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $37,131Sale, conversion, retirement of capital stock, net
  • $20,780Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.11%Yield on earning assets
  • 4.65%Cost of funding earning assets
  • 3.46%Net interest margin
  • 0.77%Noninterest income to earning assets
  • 2.56%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 15.53%Return on equity (ROE)
  • 13.27%Retained earnings to average equity (YTD only)
  • 0.48%Net charge-offs to loans
  • 92.92%Credit loss provision to net charge-offs
  • 6.24%Efficiency ratio
  • 59,385Assets per employee
  • 6.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 14.52%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 138.86%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.97%Net loans and leases to deposits
  • 73.15%Net loans and leases to core deposits
  • 115.15%Equity capital to assets
  • 6.32%Core capital (leverage) ratio
  • 5.96%Tier 1 risk-based capital ratio
  • 9.76%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $15,131,588Average earning assets
  • $922,008Average equity
  • $13,906,666Average loans

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