Genesee Regional Bank in Rochester, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

Genesee Regional Bank - Overview

  • General
  • FDIC Certificate #: 26333
    Status: Active
    Federal Reserve ID: 852704
    Bank Holding Company (Regulatory Top Holder): Greater Rochester Bancorp, Inc. (RSSDID: 3644722, Location: Rochester, NY)
    Date Established: August 12, 1985
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 32843
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Commercial Lending Specialization
    Date of Deposit Insurance: August 12, 1985
    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: 3380 Monroe Avenue, Rochester, NY 14618
    County: Monroe
    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): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $283.3 mil
    Equity capital: $27.7 mil
    Deposits held in domestic offices: $236.9 mil
    Return on assets (ROA): 0.87% ($2.5 mil)
    Quarterly return on assets: 0.57% ($1.6 mil)
    Return on Equity (ROE): 10.32% ($2.9 mil)
    Quarterly return on equity: 5.70% ($1.6 mil)
    Net income: $2.3 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.35% ($3,825.0 mil)
    Quarterly Pretax return on assets: 0.85% ($2,408.4 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
  • 52Total employees (full-time equivalent)
  • $283,337Total assets
  • $40,071Cash and due from depository institutions
  • $37,796Interest-bearing balances
  • $70,460Securities
  • $750Federal funds sold & reverse repurchase agreements
  • $168,537Net loans & leases
  • $1,479Loan loss allowance
  • $0Trading account assets
  • $919Bank premises and fixed assets
  • $0Other real estate owned
  • $119Goodwill and other intangibles
  • $283,337Life insurance assets
  • $2,481All other assets
  • $255,620Total liabilities and capital
  • $236,949Total liabilities
  • $196,841Total deposits
  • $236,949Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 7608.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $1,063Subordinated debt
  • $27,717All other liabilities
  • $27,717Total equity capital
  • $27,717Total bank equity capital
  • $0Perpetual preferred stock
  • $3,529Common stock
  • $21,212Surplus
  • $2,976Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $994Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $569Income earned, not collected on loans
  • $0Earning assets
  • $841Long-term assets (5+ years)
  • $277,543Average Assets, year-to-date
  • $111,294Average Assets, quarterly
  • $269,061Volatile liabilities
  • $277,583Insider loans
  • $169,272FHLB advances
  • $272,051Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,851Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $54,526Restructured Loans and leases
  • $9,768Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,389Total interest income
  • $2,290Total interest expense
  • $10,099Net interest income
  • $427Provision for loan and lease losses
  • $471Total noninterest income
  • $0Fiduciary activities
  • $347Service charges on deposit accounts
  • $0Trading account gains & fees
  • $124Additional noninterest income
  • $6,560Total noninterest expense
  • $3,857Salaries and employee benefits
  • $793Premises and equipment expense
  • $1,910Additional noninterest expense
  • $3,583Pre-tax net operating income
  • $36Securities gains (losses)
  • $1,289Applicable income taxes
  • $2,330Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,330Net income attributable to bank
  • $0Net charge-offs
  • $2,330Cash dividends
  • $372Sale, conversion, retirement of capital stock, net
  • $565Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.71%Yield on earning assets
  • 0.87%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.49%Noninterest expense to earning assets
  • 0.86%Net operating income to assets
  • 0.87%Return on assets (ROA)
  • 1.35%Pretax return on assets
  • 10.32%Return on equity (ROE)
  • 7.81%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 114.78%Credit loss provision to net charge-offs
  • 10.78%Efficiency ratio
  • 62,062Assets per employee
  • 5.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 24.25%Loss allowance to loans
  • 0.87%Loss allowance to noncurrent loans
  • 259.93%Noncurrent assets plus other real estate owned to assets
  • 0.20%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 71.13%Net loans and leases to core deposits
  • 108.01%Equity capital to assets
  • 9.78%Core capital (leverage) ratio
  • 9.87%Tier 1 risk-based capital ratio
  • 15.86%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $269,061Average earning assets
  • $22,587Average equity
  • $263,140Average loans

List of branches

  • 3 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032843Genesee Regional Bank3380 Monroe Avenue, Rochester, NY 14618August 12, 1985Full Service Brick and Mortar
    1356694Greece Branch2300 West Ridge Road, Rochester, NY 14626April 17, 2000Full Service Brick and Mortar
    5498619Linden Oaks Branch190 Linden Oaks Drive, Suite B, Rochester, NY 14625October 19, 2009Limited Service Administrative

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