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)
  • Show street view No street view available for this location

Geddes Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 30397
    Status: Active
    Federal Reserve ID: 451273
    Date Established: January 01, 1948
    WWW: http://www.geddesfederal.com
    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

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 Geddes Federal Savings and Loan 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