FDIC Certificate #: 28338 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Dime Savings Bank of New York, FSB (#16011) Federal Reserve ID: 274379 Date Established: January 01, 1922 Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 10 (Interstate: No) OTS Docket #: 1394 FDIC's unique #: 41172 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: October 11, 1938 Last Structure Change Effective Date: May 21, 1999 Last Structure Change Process Date: June 23, 1999 Last Data Update: June 23, 1999 Data Source Date: April 05, 2012
Location
Address: 1117-1119 Main St, Paterson, NJ 7503 County: Passaic Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Jamesburg Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Bergen-Passaic, NJ (#875) 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: $570.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
99Total employees (full-time equivalent)
$572,598Total assets
$14,121Cash and due from depository institutions
$3,947Interest-bearing balances
$229,855Securities
$0Federal funds sold & reverse repurchase agreements
$295,773Net loans & leases
$4,779Loan loss allowance
$1Trading account assets
$4,715Bank premises and fixed assets
$472Other real estate owned
$18,727Goodwill and other intangibles
$0Life insurance assets
$8,934All other assets
$572,598Total liabilities and capital
$524,680Total liabilities
$469,434Total deposits
$459,194Interest-bearing deposits
$469,434Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$53,420Other borrowed funds
$0Subordinated debt
$1,826All other liabilities
$47,918Total equity capital
$47,918Total bank equity capital
$47,918Perpetual preferred stock
$0Common stock
$6,442Surplus
$34,551Undivided profits
Memoranda
$6,925Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,933Earning assets
$0Long-term assets (5+ years)
$1,855Average Assets, year-to-date
$529,576Average Assets, quarterly
$318,803Volatile liabilities
$557,405Insider loans
$573,537FHLB advances
$84,998Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$33,832Total unused commitments
$0Restructured Loans and leases
$314,805Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$39,986Total interest income
$20,288Total interest expense
$19,698Net interest income
$1,374Provision for loan and lease losses
$1,590Total noninterest income
$0Fiduciary activities
$1,232Service charges on deposit accounts
$196Trading account gains & fees
$162Additional noninterest income
$12,130Total noninterest expense
$5,844Salaries and employee benefits
$1,272Premises and equipment expense
$5,014Additional noninterest expense
$7,784Pre-tax net operating income
$9,734Securities gains (losses)
$5,973Applicable income taxes
$11,545Income before extraordinary items
$0Extraordinary gains - net
$11,545Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$522Sale, conversion, retirement of capital stock, net
$14,000Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.76%Yield on earning assets
3.94%Cost of funding earning assets
3.82%Net interest margin
0.31%Noninterest income to earning assets
2.35%Noninterest expense to earning assets
0.92%Net operating income to assets
2.07%Return on assets (ROA)
3.14%Pretax return on assets
23.79%Return on equity (ROE)
-5.06%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
263.22%Credit loss provision to net charge-offs
17.54%Efficiency ratio
47,435Assets per employee
5.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
121.26%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
121.51%Noncurrent assets plus other real estate owned to assets
I have uncovered a passbook issued by Lakeview Savings Bank showing a deposit and a balance of $100.00 made on October 2, 1998. Please let me know what steps must be taken to access these funds.
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