First Federal Savings of Middletown in Middletown, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • First Federal Savings of Middletown in Middletown, New York (NY)
  • Show street view No street view available for this location

First Federal Savings of Middletown - Overview

  • General
  • FDIC Certificate #: 28712
    Status: Active
    Federal Reserve ID: 565170
    Date Established: January 01, 1888
    WWW: http://www.intermonetary.comim/
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 2201
    FDIC's unique #: 41546
    Numeric code: 38
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: 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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: April 05, 1948
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 22 James Street, Middletown, NY 10940
    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 Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $163.4 mil
    Equity capital: $55.9 mil
    Deposits held in domestic offices: $98.5 mil
    Return on assets (ROA): 0.73% ($1.2 mil)
    Quarterly return on assets: -0.67% (-$1.1 mil)
    Return on Equity (ROE): 2.32% ($1.3 mil)
    Quarterly return on equity: -1.96% (-$1.1 mil)
    Net income: $1.3 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: 1.15% ($1,879.3 mil)
    Quarterly Pretax return on assets: -0.77% (-$1,258.3 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, 2011)

  • Dollar figures in thousands
  • 11Total employees (full-time equivalent)
  • $163,416Total assets
  • $78,190Cash and due from depository institutions
  • $77,715Interest-bearing balances
  • $60,062Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $20,777Net loans & leases
  • $60Loan loss allowance
  • $0Trading account assets
  • $271Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $163,416Life insurance assets
  • $4,116All other assets
  • $107,500Total liabilities and capital
  • $98,547Total liabilities
  • $96,942Total deposits
  • $98,547Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $106Trading liabilities
  • $0Other borrowed funds
  • $8,847Subordinated debt
  • $55,916All other liabilities
  • $55,916Total equity capital
  • $55,916Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $55,916Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $717Long-term assets (5+ years)
  • $158,554Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $175,519Volatile liabilities
  • $163,696Insider loans
  • $61,913FHLB advances
  • $162,160Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $54,660Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,770Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,754Total interest income
  • $1,026Total interest expense
  • $3,728Net interest income
  • -$11Provision for loan and lease losses
  • $1,901Total noninterest income
  • $0Fiduciary activities
  • $13Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,888Additional noninterest income
  • $3,623Total noninterest expense
  • $2,102Salaries and employee benefits
  • $491Premises and equipment expense
  • $1,030Additional noninterest expense
  • $2,017Pre-tax net operating income
  • $0Securities gains (losses)
  • $731Applicable income taxes
  • $1,286Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,286Net income attributable to bank
  • $0Net charge-offs
  • $1,286Cash 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)
  • 2.79%Yield on earning assets
  • 0.60%Cost of funding earning assets
  • 2.19%Net interest margin
  • 1.12%Noninterest income to earning assets
  • 2.13%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • 2.32%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
  • 64,363Assets per employee
  • 14.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.29%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
  • 21.08%Net loans and leases to core deposits
  • 22.60%Equity capital to assets
  • 34.22%Core capital (leverage) ratio
  • 33.71%Tier 1 risk-based capital ratio
  • 88.29%Total risk-based capital ratio
  • Memoranda
  • $88Average assets
  • $175,519Average earning assets
  • $55,417Average equity
  • $170,225Average loans

List of branches

  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    041546First Federal Savings Of Middletown22 James Street, Middletown, NY 10940January 01, 1888Full Service Brick and Mortar

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

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Federal Savings of Middletown.
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