Geddes Federal Savings and Loan Association in Syracuse, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Geddes Federal Savings and Loan Association in Syracuse, New York (NY)
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Geddes Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30397
    Status: Active
    Federal Reserve ID: 451273
    Date Established: January 01, 1948
    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 #: 5278
    FDIC's unique #: 43231
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: March 30, 1949
    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: 2208 West Genesee St, Syracuse, NY 13219
    County: Onondaga
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $474.4 mil
    Equity capital: $61.2 mil
    Deposits held in domestic offices: $412.9 mil
    Return on assets (ROA): 0.88% ($4.2 mil)
    Quarterly return on assets: 0.77% ($3.6 mil)
    Return on Equity (ROE): 6.96% ($4.2 mil)
    Quarterly return on equity: 5.98% ($3.6 mil)
    Net income: $4.1 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.41% ($6,689.3 mil)
    Quarterly Pretax return on assets: 1.23% ($5,835.3 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
  • 37Total employees (full-time equivalent)
  • $474,417Total assets
  • $22,887Cash and due from depository institutions
  • $5,076Interest-bearing balances
  • $5,480Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $440,255Net loans & leases
  • $612Loan loss allowance
  • $0Trading account assets
  • $409Bank premises and fixed assets
  • $315Other real estate owned
  • $0Goodwill and other intangibles
  • $474,417Life insurance assets
  • $3,071All other assets
  • $413,231Total liabilities and capital
  • $412,910Total liabilities
  • $409,050Total deposits
  • $412,910Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $321Subordinated debt
  • $61,186All other liabilities
  • $61,186Total equity capital
  • $61,186Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $61,186Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,301Income earned, not collected on loans
  • $0Earning assets
  • $1,095Long-term assets (5+ years)
  • $452,811Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $468,247Volatile liabilities
  • $474,016Insider loans
  • $266,192FHLB advances
  • $474,351Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $61,120Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,600Restructured Loans and leases
  • $599Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,295Total interest income
  • $8,373Total interest expense
  • $12,922Net interest income
  • $95Provision for loan and lease losses
  • $294Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $294Additional noninterest income
  • $6,504Total noninterest expense
  • $2,922Salaries and employee benefits
  • $927Premises and equipment expense
  • $2,655Additional noninterest expense
  • $6,617Pre-tax net operating income
  • $0Securities gains (losses)
  • $2,498Applicable income taxes
  • $4,119Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,119Net income attributable to bank
  • $0Net charge-offs
  • $4,119Cash dividends
  • $139Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.77%Yield on earning assets
  • 1.88%Cost of funding earning assets
  • 2.89%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 0.88%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 6.96%Return on equity (ROE)
  • 6.96%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 68.35%Credit loss provision to net charge-offs
  • 48.29%Efficiency ratio
  • 49,213Assets per employee
  • 12.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.14%Loss allowance to noncurrent loans
  • 47.04%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.30%Net loans and leases to deposits
  • 106.62%Net loans and leases to core deposits
  • 121.81%Equity capital to assets
  • 12.90%Core capital (leverage) ratio
  • 12.88%Tier 1 risk-based capital ratio
  • 22.96%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $468,247Average earning assets
  • $59,155Average equity
  • $446,457Average loans

List of branches

  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    043231Geddes Federal Savings And Loan Asso2208 West Genesee St, Syracuse, NY 13219January 01, 1948Full Service Brick and Mortar

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