Jamestown Savings Bank in Lakewood, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 20, 2005

  • Jamestown Savings Bank in Lakewood, New York (NY)
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Jamestown Savings Bank - Overview

  • General
  • FDIC Certificate #: 34088
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northwest Savings Bank (#28178)
    Federal Reserve ID: 2362168
    Date Established: November 09, 1995
    WWW: http://www.jamestownsavingsbank.com
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 10 (Interstate: No)
    FDIC's unique #: 56226
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 09, 1995
    Last Structure Change Effective Date: May 20, 2005
    Last Structure Change Process Date: June 06, 2005
    Last Data Update: June 06, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 311 East Fairmount Avenue, Lakewood, NY 14750
    County: Chautauqua
    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): Jamestown, NY (#3610)
    Core Based Statistical Area (CBSA): Jamestown-Dunkirk-Fredonia, NY (#27460)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $421.9 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
  • 96Total employees (full-time equivalent)
  • $419,150Total assets
  • $22,018Cash and due from depository institutions
  • $19,549Interest-bearing balances
  • $137,257Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $247,761Net loans & leases
  • $2,382Loan loss allowance
  • $0Trading account assets
  • $9,359Bank premises and fixed assets
  • $177Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,578All other assets
  • $419,150Total liabilities and capital
  • $395,701Total liabilities
  • $394,725Total deposits
  • $369,511Interest-bearing deposits
  • $394,725Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $290Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $686All other liabilities
  • $23,449Total equity capital
  • $23,449Total bank equity capital
  • $23,449Perpetual preferred stock
  • $0Common stock
  • $3,809Surplus
  • $14,683Undivided profits
  • Memoranda
  • $4,957Noncurrent loans and leases
  • $49,244Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $835Earning assets
  • $0Long-term assets (5+ years)
  • $1,013Average Assets, year-to-date
  • $404,567Average Assets, quarterly
  • $235,155Volatile liabilities
  • $391,049Insider loans
  • $413,869FHLB advances
  • $40,860Loans and leases held for sale
  • $959Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $49,244Total unused commitments
  • $0Restructured Loans and leases
  • $2,382Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $19,245Total interest income
  • $8,021Total interest expense
  • $11,224Net interest income
  • $575Provision for loan and lease losses
  • $1,344Total noninterest income
  • $0Fiduciary activities
  • $873Service charges on deposit accounts
  • $0Trading account gains & fees
  • $471Additional noninterest income
  • $7,404Total noninterest expense
  • $3,954Salaries and employee benefits
  • $1,260Premises and equipment expense
  • $2,190Additional noninterest expense
  • $4,589Pre-tax net operating income
  • $250Securities gains (losses)
  • $1,514Applicable income taxes
  • $3,325Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,325Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $45Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.11%Yield on earning assets
  • 2.13%Cost of funding earning assets
  • 2.98%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 1.97%Noninterest expense to earning assets
  • 0.81%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 15.42%Return on equity (ROE)
  • 15.42%Retained earnings to average equity (YTD only)
  • 0.02%Net charge-offs to loans
  • 1277.78%Credit loss provision to net charge-offs
  • 114.76%Efficiency ratio
  • 58,912Assets per employee
  • 4.37%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.95%Loss allowance to noncurrent loans
  • 285.27%Noncurrent assets plus other real estate owned to assets
  • 0.24%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 62.77%Net loans and leases to core deposits
  • 69.96%Equity capital to assets
  • 5.59%Core capital (leverage) ratio
  • 5.71%Tier 1 risk-based capital ratio
  • 9.29%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $391,049Average earning assets
  • $21,560Average equity
  • $376,711Average loans

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