Interbank of New York in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 23, 2004

  • Interbank of New York in New York City, New York (NY)
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Interbank of New York - Overview

  • General
  • FDIC Certificate #: 33142
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Marathon National Bank of New York (#32698)
    Federal Reserve ID: 1486704
    Date Established: September 27, 1990
    WWW: http://www.interbank-ny.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 14266
    FDIC's unique #: 46377
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 27, 1990
    Last Structure Change Effective Date: January 23, 2004
    Last Structure Change Process Date: Febuary 09, 2004
    Last Data Update: Febuary 09, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 420 Park Avenue South, New York City, NY 10016
    County: New York
    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): New York, NY (#5600)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $270.2 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, 2003)

  • Dollar figures in thousands
  • 62Total employees (full-time equivalent)
  • $270,156Total assets
  • $57,943Cash and due from depository institutions
  • $52,985Interest-bearing balances
  • $45,557Securities
  • $20,000Federal funds sold & reverse repurchase agreements
  • $136,611Net loans & leases
  • $1,865Loan loss allowance
  • $0Trading account assets
  • $4,603Bank premises and fixed assets
  • $0Other real estate owned
  • $3,042Goodwill and other intangibles
  • $0Life insurance assets
  • $2,400All other assets
  • $270,156Total liabilities and capital
  • $245,937Total liabilities
  • $244,200Total deposits
  • $186,962Interest-bearing deposits
  • $244,200Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,737All other liabilities
  • $24,219Total equity capital
  • $24,219Total bank equity capital
  • $24,219Perpetual preferred stock
  • $0Common stock
  • $5,568Surplus
  • $8,352Undivided profits
  • Memoranda
  • $10,299Noncurrent loans and leases
  • $12,210Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,563Earning assets
  • $0Long-term assets (5+ years)
  • $1,075Average Assets, year-to-date
  • $255,153Average Assets, quarterly
  • $29,377Volatile liabilities
  • $274,313Insider loans
  • $276,062FHLB advances
  • $32,171Loans and leases held for sale
  • $4,302Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $12,210Total unused commitments
  • $0Restructured Loans and leases
  • $1,865Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $14,222Total interest income
  • $3,077Total interest expense
  • $11,145Net interest income
  • $398Provision for loan and lease losses
  • $1,721Total noninterest income
  • $0Fiduciary activities
  • $1,260Service charges on deposit accounts
  • $0Trading account gains & fees
  • $461Additional noninterest income
  • $8,691Total noninterest expense
  • $3,730Salaries and employee benefits
  • $1,420Premises and equipment expense
  • $3,541Additional noninterest expense
  • $3,777Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,772Applicable income taxes
  • $2,005Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,005Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $212Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.48%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 4.29%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.38%Pretax return on assets
  • 8.63%Return on equity (ROE)
  • 8.63%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 187.74%Credit loss provision to net charge-offs
  • 19.69%Efficiency ratio
  • 67,550Assets per employee
  • 4.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 119.32%Noncurrent assets plus other real estate owned to assets
  • 0.58%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 55.94%Net loans and leases to core deposits
  • 64.43%Equity capital to assets
  • 8.96%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 13.63%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $274,313Average earning assets
  • $23,228Average equity
  • $259,673Average loans

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