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)
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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

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