FDIC Certificate #: 26672 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BNY Mellon, National Association (#7946) Federal Reserve ID: 2479691 Date Established: May 14, 1986 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 10 (Interstate: No) FDIC's unique #: 35686 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: May 14, 1986 Last Structure Change Effective Date: April 01, 2000 Last Structure Change Process Date: May 09, 2000 Last Data Update: May 09, 2000 Data Source Date: April 05, 2012
Location
Address: 1901 Research Boulevard, Rockville, MD 20850 County: Montgomery Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Baltimore Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840) Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97) Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548) Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900) CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900) Core Based Statistical Division: Bethesda-Rockville-Frederick, MD (#13644)
Financial Summary
Total assets: $221.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
30Total employees (full-time equivalent)
$239,051Total assets
$2,535Cash and due from depository institutions
$0Interest-bearing balances
$1,499Securities
$7,893Federal funds sold & reverse repurchase agreements
$223,334Net loans & leases
$961Loan loss allowance
$0Trading account assets
$301Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,489All other assets
$239,051Total liabilities and capital
$202,955Total liabilities
$52,462Total deposits
$39,857Interest-bearing deposits
$52,462Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$145,848Other borrowed funds
$0Subordinated debt
$4,645All other liabilities
$36,096Total equity capital
$36,096Total bank equity capital
$36,096Perpetual preferred stock
$0Common stock
$2,000Surplus
$12,970Undivided profits
Memoranda
$21,126Noncurrent loans and leases
$52,128Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,308Earning assets
$4,021Long-term assets (5+ years)
$1,603Average Assets, year-to-date
$232,726Average Assets, quarterly
$112,800Volatile liabilities
$369,747Insider loans
$284,602FHLB advances
$37,472Loans and leases held for sale
$1,718Unused loan commitments
$0Tier 1 (core) risk-based capital
$30,000Tier 2 risk-based capital
$0Total risk weighted assets
$52,128Total unused commitments
$0Restructured Loans and leases
$961Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$30,695Total interest income
$13,877Total interest expense
$16,818Net interest income
$74Provision for loan and lease losses
$18,801Total noninterest income
$0Fiduciary activities
$726Service charges on deposit accounts
$0Trading account gains & fees
$18,075Additional noninterest income
$11,944Total noninterest expense
$3,261Salaries and employee benefits
$3,443Premises and equipment expense
$5,240Additional noninterest expense
$23,601Pre-tax net operating income
$0Securities gains (losses)
$8,183Applicable income taxes
$15,418Income before extraordinary items
$0Extraordinary gains - net
$15,418Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$673Sale, conversion, retirement of capital stock, net
$10,000Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.63%Yield on earning assets
3.90%Cost of funding earning assets
4.73%Net interest margin
5.29%Noninterest income to earning assets
3.36%Noninterest expense to earning assets
4.17%Net operating income to assets
4.17%Return on assets (ROA)
6.38%Pretax return on assets
24.31%Return on equity (ROE)
8.54%Retained earnings to average equity (YTD only)
0.20%Net charge-offs to loans
11.00%Credit loss provision to net charge-offs
35.18%Efficiency ratio
33,075Assets per employee
7.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
64.86%Loss allowance to loans
0.43%Loss allowance to noncurrent loans
15.23%Noncurrent assets plus other real estate owned to assets
2.64%Noncurrent loans to loans
2.81%Net loans and leases to deposits
425.71%Net loans and leases to core deposits
489.87%Equity capital to assets
15.10%Core capital (leverage) ratio
11.38%Tier 1 risk-based capital ratio
17.08%Total risk-based capital ratio
Memoranda
$18Average assets
$369,747Average earning assets
$63,425Average equity
$355,482Average loans
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