Hudson River Bank & Trust Company in Hudson, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 2005

  • Hudson River Bank & Trust Company in Hudson, New York (NY)
  • Show street view No street view available for this location

Hudson River Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 15968
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Niagara Bank, National Association (#16004)
    Federal Reserve ID: 606309
    Date Established: April 04, 1850
    WWW: http://www.hudsonriverbank.com
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 48 (Interstate: No)
    OTS Docket #: 12063
    FDIC's unique #: 10199
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: January 14, 2005
    Last Structure Change Process Date: January 27, 2005
    Last Data Update: January 27, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: One Hudson City Centre, Hudson, NY 12534
    County: Columbia
    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
    Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
    Core Based Statistical Area (CBSA): Hudson, NY (#26460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $2,496.6 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, 2004)

  • Dollar figures in thousands
  • 631Total employees (full-time equivalent)
  • $2,496,609Total assets
  • $51,471Cash and due from depository institutions
  • $117Interest-bearing balances
  • $599,072Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,674,441Net loans & leases
  • $40,463Loan loss allowance
  • $0Trading account assets
  • $27,815Bank premises and fixed assets
  • $65Other real estate owned
  • $65,604Goodwill and other intangibles
  • $0Life insurance assets
  • $78,141All other assets
  • $2,496,609Total liabilities and capital
  • $2,220,466Total liabilities
  • $1,805,090Total deposits
  • $1,575,118Interest-bearing deposits
  • $1,805,090Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $19,734Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $370,178Other borrowed funds
  • $0Subordinated debt
  • $25,464All other liabilities
  • $276,143Total equity capital
  • $276,143Total bank equity capital
  • $276,143Perpetual preferred stock
  • $0Common stock
  • $202Surplus
  • $117,362Undivided profits
  • Memoranda
  • $158,579Noncurrent loans and leases
  • $262,636Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $13,453Earning assets
  • $0Long-term assets (5+ years)
  • $9,283Average Assets, year-to-date
  • $2,273,630Average Assets, quarterly
  • $1,353,898Volatile liabilities
  • $2,566,101Insider loans
  • $2,516,954FHLB advances
  • $181,369Loans and leases held for sale
  • $3,150Unused loan commitments
  • $359,735Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $262,636Total unused commitments
  • $0Restructured Loans and leases
  • $19,061Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $134,798Total interest income
  • $39,960Total interest expense
  • $94,838Net interest income
  • $3,900Provision for loan and lease losses
  • $14,270Total noninterest income
  • $367Fiduciary activities
  • $8,086Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,817Additional noninterest income
  • $61,433Total noninterest expense
  • $29,608Salaries and employee benefits
  • $8,692Premises and equipment expense
  • $23,133Additional noninterest expense
  • $43,775Pre-tax net operating income
  • $1,599Securities gains (losses)
  • $17,691Applicable income taxes
  • $27,683Income before extraordinary items
  • $0Extraordinary gains - net
  • $27,683Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,039Sale, conversion, retirement of capital stock, net
  • $7,507Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.76%Yield on earning assets
  • 1.71%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.61%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.77%Pretax return on assets
  • 10.41%Return on equity (ROE)
  • 7.58%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 128.33%Credit loss provision to net charge-offs
  • 15.69%Efficiency ratio
  • 55,610Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 27.12%Loss allowance to loans
  • 2.36%Loss allowance to noncurrent loans
  • 300.77%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 0.78%Net loans and leases to deposits
  • 92.76%Net loans and leases to core deposits
  • 96.92%Equity capital to assets
  • 11.06%Core capital (leverage) ratio
  • 8.70%Tier 1 risk-based capital ratio
  • 14.22%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,566,101Average earning assets
  • $266,017Average equity
  • $2,338,551Average loans

Total Fiduciary and Related Assets (December 31, 2004)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $59,009Managed Assets
  • 1Number of Accounts
  • $57,983Personal trust and agency accounts
  • $5,663Employee benefit-defined contribution accounts
  • $24,588Employee benefit-defined benefit accounts
  • $5,599Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $22,133Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 173Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,026Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Hudson River Bank & Trust Company.
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