Israel Discount Bank of New York in New York, New York (NY), CA, , FL
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Israel Discount Bank of New York in New York, New York (NY), CA, , FL
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Israel Discount Bank of New York - Overview

  • General
  • FDIC Certificate #: 19977
    Status: Active
    Federal Reserve ID: 320119
    Bank Holding Company (Regulatory Top Holder): Treetops Acquisition Group Ii Ltd. (RSSDID: 3346026, Location: Grand Cayman)
    Date Established: January 01, 1922
    WWW: http://www.idbny.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Domestic: 6, Foreign: 1, Interstate: Yes)
    OTS Docket #: 15515
    FDIC's unique #: 13718
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 01, 1969
    Last Structure Change Effective Date: March 01, 2011
    Last Structure Change Process Date: April 13, 2011
    Last Data Update: April 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 511 Fifth Avenue, New York, NY 10017
    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: $9,488.2 mil
    Equity capital: $683.4 mil
    Deposits held in domestic offices: $4,961.8 mil
    Return on assets (ROA): 0.53% ($50.3 mil)
    Quarterly return on assets: 0.46% ($43.6 mil)
    Return on Equity (ROE): 6.59% ($45.0 mil)
    Quarterly return on equity: 5.92% ($40.4 mil)
    Net income: $50.1 mil
    Quarterly Net income: $10.9 mil
    Pretax return on assets: 0.71% ($67,366.2 mil)
    Quarterly Pretax return on assets: 0.58% ($55,031.6 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, 2011)

  • Dollar figures in thousands
  • 748Total employees (full-time equivalent)
  • $9,488,200Total assets
  • $608,497Cash and due from depository institutions
  • $440,083Interest-bearing balances
  • $4,609,678Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $3,758,511Net loans & leases
  • $66,935Loan loss allowance
  • $104,591Trading account assets
  • $32,785Bank premises and fixed assets
  • $1,100Other real estate owned
  • $0Goodwill and other intangibles
  • $9,488,200Life insurance assets
  • $373,038All other assets
  • $8,804,787Total liabilities and capital
  • $6,711,772Total liabilities
  • $6,325,632Total deposits
  • $4,961,786Interest-bearing deposits
  • $56Deposits held in domestic offices
  • 1747599.00%% insured (estimated)
  • $693Federal funds purchased & repurchase agreements
  • $148,425Trading liabilities
  • $75,000Other borrowed funds
  • $121,298Subordinated debt
  • $683,413All other liabilities
  • $683,413Total equity capital
  • $683,413Total bank equity capital
  • $0Perpetual preferred stock
  • $75,259Common stock
  • $24,393Surplus
  • $583,761Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $700Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $76,545Income earned, not collected on loans
  • $0Earning assets
  • $39,960Long-term assets (5+ years)
  • $8,912,170Average Assets, year-to-date
  • $1,867,272Average Assets, quarterly
  • $9,387,417Volatile liabilities
  • $9,575,436Insider loans
  • $5,748,700FHLB advances
  • $9,589,065Loans and leases held for sale
  • $163,979Unused loan commitments
  • $163,979Tier 1 (core) risk-based capital
  • $718,506Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,609,185Restructured Loans and leases
  • $10,677Derivatives
  • $1,265,954Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $314,341Total interest income
  • $121,541Total interest expense
  • $192,800Net interest income
  • $34,000Provision for loan and lease losses
  • $59,044Total noninterest income
  • $660Fiduciary activities
  • $2,644Service charges on deposit accounts
  • $5,027Trading account gains & fees
  • $50,713Additional noninterest income
  • $171,445Total noninterest expense
  • $95,574Salaries and employee benefits
  • $22,511Premises and equipment expense
  • $53,360Additional noninterest expense
  • $46,399Pre-tax net operating income
  • $20,435Securities gains (losses)
  • $16,702Applicable income taxes
  • $50,132Income before extraordinary items
  • $0Extraordinary gains - net
  • $50,132Net income attributable to bank
  • $0Net charge-offs
  • $50,132Cash dividends
  • $28,879Sale, conversion, retirement of capital stock, net
  • $100,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.56%Yield on earning assets
  • 1.37%Cost of funding earning assets
  • 2.18%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 1.94%Noninterest expense to earning assets
  • 0.37%Net operating income to assets
  • 0.53%Return on assets (ROA)
  • 0.71%Pretax return on assets
  • 6.59%Return on equity (ROE)
  • -6.56%Retained earnings to average equity (YTD only)
  • 0.75%Net charge-offs to loans
  • 117.73%Credit loss provision to net charge-offs
  • 2.78%Efficiency ratio
  • 68,076Assets per employee
  • 12.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 199.47%Loss allowance to loans
  • 1.75%Loss allowance to noncurrent loans
  • 87.45%Noncurrent assets plus other real estate owned to assets
  • 0.82%Noncurrent loans to loans
  • 2.00%Net loans and leases to deposits
  • 56.00%Net loans and leases to core deposits
  • 115.22%Equity capital to assets
  • 7.20%Core capital (leverage) ratio
  • 7.49%Tier 1 risk-based capital ratio
  • 12.50%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $9,387,417Average earning assets
  • $760,487Average equity
  • $8,839,747Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $84,940Managed Assets
  • 1Number of Accounts
  • $84,923Personal trust and agency accounts
  • $5,222Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $17,089Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $60,953Other fiduciary accounts
  • $1,659Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 94Number of Accounts
  • $0Personal trust and agency accounts
  • $17,089Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $17Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2250066Cayman Island Branch (Frgn)Panton Avenue, Georgetown, 0January 01, 1981Full Service Brick and Mortar
  • 2 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    6359697Beverly Hills Branch9401 Wilshire Boulevard Suite 600, Beverly Hills, CA 90212March 19, 2001Full Service Brick and Mortar
    20453753Downtown Los Angeles Branch888 S. Figueroa Street Suite 550, Los Angeles, CA 90017August 15, 2005Full Service Brick and Mortar
  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    18363176Aventura Branch18851 N.E. 29th Avenue, Aventura, FL 33180December 17, 2001Full Service Brick and Mortar
  • 3 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013718Israel Discount Bank Of New York511 Fifth Avenue, New York, NY 10017January 01, 1922Full Service Brick and Mortar
    1250065Broadway Branch1350 Broadway, New York City, NY 10018January 01, 1981Full Service Brick and Mortar
    21521878Staten Island Branch201 Edward Curry Avenue, Staten Island, NY 10314August 02, 2010Full Service Brick and Mortar

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