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

This bank is inactive as of March 30, 2001

  • Goshen Savings Bank in Goshen, New York (NY)
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Goshen Savings Bank - Overview

  • General
  • FDIC Certificate #: 15967
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Berkshire Bank (#27503)
    Federal Reserve ID: 726506
    Date Established: April 08, 1871
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 14308
    FDIC's unique #: 10198
    Numeric code: 43
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: March 30, 2001
    Last Structure Change Process Date: April 05, 2001
    Last Data Update: April 05, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 1 South Church Street, Goshen, NY 10924
    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)
  • Financial Summary
  • Total assets: $189.4 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 37Total employees (full-time equivalent)
  • $189,374Total assets
  • $3,940Cash and due from depository institutions
  • $341Interest-bearing balances
  • $47,470Securities
  • $525Federal funds sold & reverse repurchase agreements
  • $128,861Net loans & leases
  • $488Loan loss allowance
  • $0Trading account assets
  • $3,244Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $5,334All other assets
  • $189,374Total liabilities and capital
  • $162,869Total liabilities
  • $121,344Total deposits
  • $121,344Interest-bearing deposits
  • $121,344Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $40,169Other borrowed funds
  • $0Subordinated debt
  • $1,356All other liabilities
  • $26,505Total equity capital
  • $26,505Total bank equity capital
  • $26,505Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $10,723Undivided profits
  • Memoranda
  • $15,782Noncurrent loans and leases
  • $13,249Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $704Average Assets, year-to-date
  • $177,197Average Assets, quarterly
  • $0Volatile liabilities
  • $181,767Insider loans
  • $188,588FHLB advances
  • $56,317Loans and leases held for sale
  • $0Unused loan commitments
  • $39,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,249Total unused commitments
  • $0Restructured Loans and leases
  • $488Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $12,641Total interest income
  • $7,139Total interest expense
  • $5,502Net interest income
  • $135Provision for loan and lease losses
  • $714Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $714Additional noninterest income
  • $3,276Total noninterest expense
  • $1,724Salaries and employee benefits
  • $438Premises and equipment expense
  • $1,114Additional noninterest expense
  • $2,805Pre-tax net operating income
  • $138Securities gains (losses)
  • $1,207Applicable income taxes
  • $1,736Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,736Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$2Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.43%Yield on earning assets
  • 4.20%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 0.91%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 7.06%Return on equity (ROE)
  • 7.06%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -6750.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 52,703Assets per employee
  • 5.12%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.38%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
  • 106.19%Net loans and leases to core deposits
  • 122.50%Equity capital to assets
  • 14.00%Core capital (leverage) ratio
  • 14.01%Tier 1 risk-based capital ratio
  • 28.19%Total risk-based capital ratio
  • Memoranda
  • $29Average assets
  • $181,767Average earning assets
  • $24,590Average equity
  • $170,138Average loans

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