Keybank National Association in Albany, New York (NY)



Show street view No street view available for this location
Table of contents:
Keybank National Association
GeneralFDIC Certificate #: 6937
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: KeyBank National Association (#1254)
Federal Reserve ID: 440503
Date Established: April 01, 1825
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 297 (Interstate: No)
FDIC's unique #: 4659
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 30, 1997
Last Structure Change Process Date: July 15, 1997
Last Data Update: July 21, 1997
Data Source Date: April 05, 2012
LocationAddress: 66 South Pearl Street, Albany, NY 12207
County: Albany
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: Chicago
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 SummaryTotal assets: $15,555.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$11,365
Cash and due from depository institutions$15,486,227
Interest-bearing balances$818,660
Securities$0
Federal funds sold & reverse repurchase agreements$2,888,316
Net loans & leases$149,765
Loan loss allowance $10,517,300
Trading account assets$149,881
Bank premises and fixed assets$3,271
Other real estate owned$333,789
Goodwill and other intangibles$27,092
All other assets$25,308
Life insurance assets$722,726
Total liabilities and capital$0
Total liabilities$15,486,227
Total deposits$14,505,415
Interest-bearing deposits$11,071,003
Deposits held in domestic offices$8,967,774
% insured (estimated)11071003.00%
Federal funds purchased & repurchase agreements $76
Trading liabilities$1,627,659
Other borrowed funds $3,275
Subordinated debt $1,101,805
All other liabilities $165,000
Total equity capital$536,673
Total bank equity capital$536,673
Perpetual preferred stock$980,812
Common stock$28,300
Surplus$39,986
Undivided profits $439,754
Memoranda
Noncurrent loans and leases $472,772
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $158,685
Earning assets $67,473
Long-term assets (5+ years) $13,555,381
Average Assets, year-to-date $3,890,934
Average Assets, quarterly $15,101,951
Volatile liabilities $15,336,367
Insider loans $3,781,079
FHLB advances $22,529
Loans and leases held for sale $0
Unused loan commitments $189,694
Tier 1 (core) risk-based capital $2,074,264
Tier 2 risk-based capital $0
Total risk weighted assets $923,380
Total unused commitments $11,516,814
Restructured Loans and leases $0
Derivatives$3,008,505
Back to page top, Back to table top

Income and Expense (December 31, 1996)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $1,088,546
Net interest income $485,608
Provision for loan and lease losses $602,938
Total noninterest income $58,390
Fiduciary activities $604,727
Service charges on deposit accounts $0
Trading account gains & fees $65,848
Additional noninterest income $1,149
Total noninterest expense $537,730
Salaries and employee benefits $888,053
Premises and equipment expense $401,897
Additional noninterest expense $178,465
Pre-tax net operating income $307,691
Securities gains (losses) $261,222
Applicable income taxes -$682
Income before extraordinary items $80,842
Extraordinary gains - net $179,698
Net income attributable to bank $0
Net charge-offs $179,698
Cash dividends $51,500
Sale, conversion, retirement of capital stock, net $322,128
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 1996)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 8.09%
Net interest margin 3.61%
Noninterest income to earning assets 4.48%
Noninterest expense to earning assets 4.49%
Net operating income to assets 6.60%
Return on assets (ROA) 1.19%
Pretax return on assets 1.19%
Return on equity (ROE) 1.73%
Retained earnings to average equity (YTD only) 16.64%
Net charge-offs to loans -13.19%
Credit loss provision to net charge-offs 0.48%
Efficiency ratio113.38%
Assets per employee$73,015
Cash dividends to net income (YTD only)1.36%
Condition Ratios (%)
Loss allowance to loans 179.26%
Loss allowance to noncurrent loans 1.41%
Noncurrent assets plus other real estate owned to assets 94.45%
Noncurrent loans to loans 1.20%
Net loans and leases to deposits1.49%
Net loans and leases to core deposits 95.00%
Equity capital to assets 104.97%
Core capital (leverage) ratio 6.33%
Tier 1 risk-based capital ratio 6.12%
Total risk-based capital ratio 8.02%
Memoranda
Average assets$11
Average earning assets$15,101,951
Average equity $1,080,118
Average loans $13,459,595
Back to page top, Back to table 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 Keybank National Association.
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.