Excel Bank, National Association in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1997

  • Excel Bank, National Association in New York City, New York (NY)
  • Show street view No street view available for this location

Excel Bank, National Association - Overview

  • General
  • FDIC Certificate #: 34124
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Modern Bank, National Association (#22398)
    Federal Reserve ID: 2398701
    Date Established: Febuary 01, 1996
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 56267
    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: Febuary 01, 1996
    Last Structure Change Effective Date: March 01, 1997
    Last Structure Change Process Date: March 10, 1997
    Last Data Update: March 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Park Avenue, 17th Floor, New York City, NY 10016
    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)
  • Financial Summary
  • Total assets: $72.5 mil

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $19Total assets
  • $72,498Cash and due from depository institutions
  • $5,537Interest-bearing balances
  • $3,165Securities
  • $5,261Federal funds sold & reverse repurchase agreements
  • $8,000Net loans & leases
  • $8,463Loan loss allowance
  • $86Trading account assets
  • $40,425Bank premises and fixed assets
  • $1,589Other real estate owned
  • $0Goodwill and other intangibles
  • $3,223Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $72,498Total liabilities
  • $64,150Total deposits
  • $62,956Interest-bearing deposits
  • $62,247Deposits held in domestic offices
  • 62956.00%% insured (estimated)
  • $85Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,194Total equity capital
  • $1,194Total bank equity capital
  • $8,348Perpetual preferred stock
  • $0Common stock
  • $3,500Surplus
  • $5,706Undivided profits
  • Memoranda
  • $-858Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $176Earning assets
  • $65,314Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $46,125Average Assets, quarterly
  • $72,368Volatile liabilities
  • $19,989Insider loans
  • $95FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,376Total risk weighted assets
  • $22,036Total unused commitments
  • $0Restructured Loans and leases
  • $6,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,920Total interest expense
  • $1,728Net interest income
  • $1,192Provision for loan and lease losses
  • $86Total noninterest income
  • $2,480Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $2,480Total noninterest expense
  • $3,496Salaries and employee benefits
  • $2,045Premises and equipment expense
  • $588Additional noninterest expense
  • $863Pre-tax net operating income
  • $90Securities gains (losses)
  • $0Applicable income taxes
  • $9Income before extraordinary items
  • $81Extraordinary gains - net
  • $0Net income attributable to bank
  • $81Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.03%Cost of funding earning assets
  • 4.16%Net interest margin
  • 2.87%Noninterest income to earning assets
  • 5.97%Noninterest expense to earning assets
  • 8.42%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 0.20%Return on equity (ROE)
  • 0.99%Retained earnings to average equity (YTD only)
  • 0.99%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 95,207Assets per employee
  • 3.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 13.44%Net loans and leases to core deposits
  • 19.70%Equity capital to assets
  • 11.51%Core capital (leverage) ratio
  • 10.90%Tier 1 risk-based capital ratio
  • 38.01%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $46,125Average earning assets
  • $8,167Average equity
  • $41,515Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Excel Bank, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents