Hudson River Commercial Bank in Cohoes, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 14, 2005

  • Hudson River Commercial Bank in Cohoes, New York (NY)
  • Show street view No street view available for this location

Hudson River Commercial Bank - Overview

  • General
  • FDIC Certificate #: 57474
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Niagara Commercial Bank (#35591)
    Federal Reserve ID: 3151060
    Date Established: November 15, 2002
    WWW: http://www.hudsonriverbank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 364039
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 15, 2002
    Last Structure Change Effective Date: January 14, 2005
    Last Structure Change Process Date: January 25, 2005
    Last Data Update: January 25, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 75 Remsen Street, Cohoes, NY 12047
    County: Albany
    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): Albany-Schenectady-Troy, NY (#160)
    Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
    Core Based Statistical Area (CBSA): Albany-Schenectady-Troy, NY (#10580)
    CBSA Metro Statistical Area: Albany-Schenectady-Troy, NY (#10580)
  • Financial Summary
  • Total assets: $37.0 mil

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 2004)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $36,994Total assets
  • $1,988Cash and due from depository institutions
  • $0Interest-bearing balances
  • $34,642Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $364All other assets
  • $36,994Total liabilities and capital
  • $32,641Total liabilities
  • $20,204Total deposits
  • $19,355Interest-bearing deposits
  • $20,204Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $12,148Other borrowed funds
  • $0Subordinated debt
  • $289All other liabilities
  • $4,353Total equity capital
  • $4,353Total bank equity capital
  • $4,353Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $3,000Undivided profits
  • Memoranda
  • $353Noncurrent loans and leases
  • $0Noncurrent 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)
  • $221Average Assets, year-to-date
  • $34,642Average Assets, quarterly
  • $0Volatile liabilities
  • $36,036Insider loans
  • $39,040FHLB advances
  • $12,148Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $1,135Total interest income
  • $399Total interest expense
  • $736Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $153Total noninterest expense
  • $0Salaries and employee benefits
  • $0Premises and equipment expense
  • $153Additional noninterest expense
  • $583Pre-tax net operating income
  • $0Securities gains (losses)
  • $195Applicable income taxes
  • $388Income before extraordinary items
  • $0Extraordinary gains - net
  • $388Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.37%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 2.18%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 0.45%Noninterest expense to earning assets
  • 1.08%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.62%Pretax return on assets
  • 9.70%Return on equity (ROE)
  • 9.70%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 20,788Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%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
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 11.77%Core capital (leverage) ratio
  • 11.68%Tier 1 risk-based capital ratio
  • 60.22%Total risk-based capital ratio
  • Memoranda
  • $60Average assets
  • $36,036Average earning assets
  • $4,000Average equity
  • $33,713Average loans

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 Commercial Bank.
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