Fulton Savings Bank in Fulton, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Fulton Savings Bank - Overview

  • General
  • FDIC Certificate #: 15966
    Status: Active
    Federal Reserve ID: 900502
    Date Established: January 01, 1871
    WWW: http://www.fultonsavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 13348
    FDIC's unique #: 10197
    Numeric code: 42
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 75 South First Street, Fulton, NY 13069
    County: Oswego
    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): Syracuse, NY (#8160)
    Combined Statistical Area (CSA): Syracuse-Auburn, NY (#532)
    Core Based Statistical Area (CBSA): Syracuse, NY (#45060)
    CBSA Metro Statistical Area: Syracuse, NY (#45060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $397.2 mil
    Equity capital: $76.2 mil
    Deposits held in domestic offices: $235.1 mil
    Return on assets (ROA): 1.45% ($5.8 mil)
    Quarterly return on assets: 2.07% ($8.2 mil)
    Return on Equity (ROE): 8.28% ($6.3 mil)
    Quarterly return on equity: 11.09% ($8.4 mil)
    Net income: $5.8 mil
    Quarterly Net income: $2.1 mil
    Pretax return on assets: 1.77% ($7,030.8 mil)
    Quarterly Pretax return on assets: 2.35% ($9,334.7 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
  • 101Total employees (full-time equivalent)
  • $397,223Total assets
  • $21,156Cash and due from depository institutions
  • $6,196Interest-bearing balances
  • $117,925Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $230,151Net loans & leases
  • $1,494Loan loss allowance
  • $7,009Trading account assets
  • $1,160Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $397,223Life insurance assets
  • $19,822All other assets
  • $321,019Total liabilities and capital
  • $235,128Total liabilities
  • $193,197Total deposits
  • $235,128Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $78,170Trading liabilities
  • $0Other borrowed funds
  • $7,721Subordinated debt
  • $76,204All other liabilities
  • $76,204Total equity capital
  • $76,204Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $4,126Surplus
  • $72,078Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,721Income earned, not collected on loans
  • $0Earning assets
  • $2,077Long-term assets (5+ years)
  • $361,281Average Assets, year-to-date
  • $250,699Average Assets, quarterly
  • $397,490Volatile liabilities
  • $400,051Insider loans
  • $242,594FHLB advances
  • $405,100Loans and leases held for sale
  • $6,397Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $74,813Tier 2 risk-based capital
  • $6,397Total risk weighted assets
  • $0Total unused commitments
  • $37,342Restructured Loans and leases
  • $303Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,548Total interest income
  • $2,771Total interest expense
  • $15,777Net interest income
  • $418Provision for loan and lease losses
  • $3,817Total noninterest income
  • $0Fiduciary activities
  • $2,723Service charges on deposit accounts
  • -$340Trading account gains & fees
  • $1,434Additional noninterest income
  • $12,278Total noninterest expense
  • $6,730Salaries and employee benefits
  • $1,375Premises and equipment expense
  • $4,173Additional noninterest expense
  • $6,898Pre-tax net operating income
  • $122Securities gains (losses)
  • $1,254Applicable income taxes
  • $5,766Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,766Net income attributable to bank
  • $0Net charge-offs
  • $5,766Cash dividends
  • $372Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 4.42%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 3.44%Noninterest expense to earning assets
  • 1.43%Net operating income to assets
  • 1.45%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 8.28%Return on equity (ROE)
  • 8.28%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 112.37%Credit loss provision to net charge-offs
  • 19.67%Efficiency ratio
  • 62,662Assets per employee
  • 3.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 40.15%Noncurrent assets plus other real estate owned to assets
  • 0.94%Noncurrent loans to loans
  • 1.61%Net loans and leases to deposits
  • 97.88%Net loans and leases to core deposits
  • 104.70%Equity capital to assets
  • 19.18%Core capital (leverage) ratio
  • 18.47%Tier 1 risk-based capital ratio
  • 30.84%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $397,490Average earning assets
  • $69,614Average equity
  • $356,836Average loans

List of branches

  • 7 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010197Fulton Savings Bank75 South First Street, Fulton, NY 13069January 01, 1871Full Service Brick and Mortar
    1236248Village Green BranchState Fair And Village Blvds. South, Van Buren Township, NY 13027July 02, 1973Full Service Brick and Mortar
    2236249Phoenix BranchRoute 57, Phoenix, NY 13135October 02, 1978Full Service Brick and Mortar
    3236250Central Square BranchRoute 49 And Green Acres Drive, Central Square, NY 13036Febuary 19, 1990Full Service Brick and Mortar
    5236252Brewerton Branch5501 Bartell Road, Brewerton, NY 13029March 09, 1998Full Service Brick and Mortar
    7236254Constantia Branch45 Redfield Street, Constantia, NY 13044May 21, 1998Full Service Brick and Mortar
    8453858Fulton Commons Branch1909 State Route 3, Fulton, NY 13069November 14, 2005Full Service Brick and Mortar

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