Hamptons State Bank in Southampton, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 28, 2011

Hamptons State Bank - Overview

  • General
  • FDIC Certificate #: 34624
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Bridgehampton National Bank (#6976)
    Federal Reserve ID: 2735191
    Date Established: October 01, 1998
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 60847
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 01, 1998
    Last Structure Change Effective Date: May 28, 2011
    Last Structure Change Process Date: June 09, 2011
    Last Data Update: June 09, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 243 Windmill Lane, Southampton, NY 11969
    County: Suffolk
    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): Nassau-Suffolk, NY (#5380)
    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): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Nassau-Suffolk, NY (#35004)
  • Financial Summary
  • Total assets: $68.1 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, 2010)

  • Dollar figures in thousands
  • 13Total employees (full-time equivalent)
  • $67,517Total assets
  • $2,145Cash and due from depository institutions
  • $125Interest-bearing balances
  • $23,538Securities
  • $245Federal funds sold & reverse repurchase agreements
  • $39,782Net loans & leases
  • $675Loan loss allowance
  • $0Trading account assets
  • $632Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,175All other assets
  • $67,517Total liabilities and capital
  • $62,926Total liabilities
  • $56,989Total deposits
  • $40,282Interest-bearing deposits
  • $56,989Deposits held in domestic offices
  • 82.93%% insured (estimated)
  • $2,500Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $0Subordinated debt
  • $437All other liabilities
  • $4,591Total equity capital
  • $4,591Total bank equity capital
  • $4,591Perpetual preferred stock
  • $0Common stock
  • $3,984Surplus
  • $3,583Undivided profits
  • Memoranda
  • $-2,976Noncurrent loans and leases
  • $12,738Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $851Earning assets
  • $0Long-term assets (5+ years)
  • $300Average Assets, year-to-date
  • $63,690Average Assets, quarterly
  • $26,581Volatile liabilities
  • $66,125Insider loans
  • $67,969FHLB advances
  • $21,553Loans and leases held for sale
  • $1,260Unused loan commitments
  • $3,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,738Total unused commitments
  • $0Restructured Loans and leases
  • $591Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $3,191Total interest income
  • $640Total interest expense
  • $2,551Net interest income
  • $144Provision for loan and lease losses
  • $242Total noninterest income
  • $0Fiduciary activities
  • $213Service charges on deposit accounts
  • $0Trading account gains & fees
  • $29Additional noninterest income
  • $2,589Total noninterest expense
  • $1,101Salaries and employee benefits
  • $375Premises and equipment expense
  • $1,113Additional noninterest expense
  • $60Pre-tax net operating income
  • $118Securities gains (losses)
  • $24Applicable income taxes
  • $154Income before extraordinary items
  • $0Extraordinary gains - net
  • $154Net income attributable to bank
  • $0Net charge-offs
  • $154Cash dividends
  • $165Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.39%Noninterest income to earning assets
  • 4.21%Noninterest expense to earning assets
  • 0.08%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.27%Pretax return on assets
  • 3.11%Return on equity (ROE)
  • 3.11%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 87.27%Credit loss provision to net charge-offs
  • 1.24%Efficiency ratio
  • 92,696Assets per employee
  • 5.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.67%Loss allowance to noncurrent loans
  • 79.32%Noncurrent assets plus other real estate owned to assets
  • 1.26%Noncurrent loans to loans
  • 2.10%Net loans and leases to deposits
  • 69.81%Net loans and leases to core deposits
  • 104.87%Equity capital to assets
  • 6.80%Core capital (leverage) ratio
  • 7.38%Tier 1 risk-based capital ratio
  • 10.72%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $66,125Average earning assets
  • $4,946Average equity
  • $61,515Average loans

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