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



Show street view No street view available for this location

Israel Discount Bank of New York routing number info

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

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $314,341
Total interest expense $121,541
Net interest income $192,800
Provision for loan and lease losses $34,000
Total noninterest income $59,044
Fiduciary activities $660
Service charges on deposit accounts $2,644
Trading account gains & fees $5,027
Additional noninterest income $50,713
Total noninterest expense $171,445
Salaries and employee benefits $95,574
Premises and equipment expense $22,511
Additional noninterest expense $53,360
Pre-tax net operating income $46,399
Securities gains (losses) $20,435
Applicable income taxes $16,702
Income before extraordinary items $50,132
Extraordinary gains - net $0
Net income attributable to bank $50,132
Net charge-offs $0
Cash dividends $50,132
Sale, conversion, retirement of capital stock, net $28,879
Net operating income $100,000
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.56%
Cost of funding earning assets 1.37%
Net interest margin 2.18%
Noninterest income to earning assets 0.67%
Noninterest expense to earning assets 1.94%
Net operating income to assets 0.37%
Return on assets (ROA) 0.53%
Pretax return on assets 0.71%
Return on equity (ROE) 6.59%
Retained earnings to average equity (YTD only) -6.56%
Net charge-offs to loans 0.75%
Credit loss provision to net charge-offs 117.73%
Efficiency ratio2.78%
Assets per employee$68,076
Cash dividends to net income (YTD only)12.68%
Condition Ratios (%)
Loss allowance to loans 199.47%
Loss allowance to noncurrent loans 1.75%
Noncurrent assets plus other real estate owned to assets 87.45%
Noncurrent loans to loans 0.82%
Net loans and leases to deposits2.00%
Net loans and leases to core deposits 56.00%
Equity capital to assets 115.22%
Core capital (leverage) ratio 7.20%
Tier 1 risk-based capital ratio 7.49%
Total risk-based capital ratio 12.50%
Memoranda
Average assets$15
Average earning assets$9,387,417
Average equity $760,487
Average loans $8,839,747
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$84,940
Number of Accounts1
Personal trust and agency accounts$84,923
Employee benefit-defined contribution accounts$5,222
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$17,089
Investment management agency accounts$0
Other fiduciary accounts$60,953
Fiduciary accounts held in foreign offices$1,659
Non-managed Assets$0
Number of Accounts94
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$17,089
Employee benefit-defined benefit accounts$0
Other retirement accounts$17
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

1 Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
2250066Cayman Island Branch (Frgn)Panton Avenue, Georgetown, 0January 01, 1981Full Service Brick and Mortar
Back to page top

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
Back to page top

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
Back to page top

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
Back to page top

User Contributions:

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

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Israel Discount Bank of New York.
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.