Evergreen Bank, National Association in Glens Falls, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2002

  • Evergreen Bank, National Association in Glens Falls, New York (NY)
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Evergreen Bank, National Association - Overview

  • General
  • FDIC Certificate #: 7073
    Status: Inactive
    Acquiring institution: TD Bank, National Association (#18409)
    Federal Reserve ID: 721800
    Date Established: January 01, 1853
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 29 (Interstate: No)
    OTS Docket #: 9535
    FDIC's unique #: 4714
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: January 01, 2002
    Last Structure Change Process Date: January 28, 2002
    Last Data Update: January 28, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 237-241 Glen Street, Glens Falls, NY 12801
    County: Warren
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Syracuse
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Glens Falls, NY (#2975)
    Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
    Core Based Statistical Area (CBSA): Glens Falls, NY (#24020)
    CBSA Metro Statistical Area: Glens Falls, NY (#24020)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $1,259.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)

  • Dollar figures in thousands
  • 230Total employees (full-time equivalent)
  • $1,259,278Total assets
  • $31,905Cash and due from depository institutions
  • $1Interest-bearing balances
  • $302,788Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $866,104Net loans & leases
  • $8,967Loan loss allowance
  • $0Trading account assets
  • $11,488Bank premises and fixed assets
  • $309Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $46,684All other assets
  • $1,259,278Total liabilities and capital
  • $1,165,780Total liabilities
  • $1,013,668Total deposits
  • $898,367Interest-bearing deposits
  • $1,013,668Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $76,906Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $62,824Other borrowed funds
  • $0Subordinated debt
  • $12,382All other liabilities
  • $93,498Total equity capital
  • $93,498Total bank equity capital
  • $93,498Perpetual preferred stock
  • $0Common stock
  • $5,169Surplus
  • $14,164Undivided profits
  • Memoranda
  • $74,165Noncurrent loans and leases
  • $207,789Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,443Earning assets
  • $216Long-term assets (5+ years)
  • $7,308Average Assets, year-to-date
  • $1,168,893Average Assets, quarterly
  • $421,608Volatile liabilities
  • $1,326,539Insider loans
  • $1,316,042FHLB advances
  • $157,881Loans and leases held for sale
  • $10,756Unused loan commitments
  • $57,820Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $207,789Total unused commitments
  • $0Restructured Loans and leases
  • $8,967Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $92,734Total interest income
  • $43,880Total interest expense
  • $48,854Net interest income
  • $2,458Provision for loan and lease losses
  • $5,811Total noninterest income
  • $0Fiduciary activities
  • $3,355Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,456Additional noninterest income
  • $32,872Total noninterest expense
  • $9,844Salaries and employee benefits
  • $4,033Premises and equipment expense
  • $18,995Additional noninterest expense
  • $19,335Pre-tax net operating income
  • $816Securities gains (losses)
  • $6,453Applicable income taxes
  • $13,698Income before extraordinary items
  • $0Extraordinary gains - net
  • $13,698Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,851Sale, conversion, retirement of capital stock, net
  • $2,973Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.51%Yield on earning assets
  • 3.55%Cost of funding earning assets
  • 3.96%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.66%Noninterest expense to earning assets
  • 0.99%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.52%Pretax return on assets
  • 15.81%Return on equity (ROE)
  • 12.38%Retained earnings to average equity (YTD only)
  • 0.33%Net charge-offs to loans
  • 86.22%Credit loss provision to net charge-offs
  • 7.64%Efficiency ratio
  • 60,113Assets per employee
  • 5.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 21.70%Loss allowance to loans
  • 1.02%Loss allowance to noncurrent loans
  • 164.74%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.62%Net loans and leases to deposits
  • 85.44%Net loans and leases to core deposits
  • 92.37%Equity capital to assets
  • 7.42%Core capital (leverage) ratio
  • 6.54%Tier 1 risk-based capital ratio
  • 9.87%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,326,539Average earning assets
  • $86,633Average equity
  • $1,234,870Average loans

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