New York FSB in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 10, 1997

  • New York FSB in New York City, New York (NY)
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New York FSB - Overview

  • General
  • FDIC Certificate #: 32631
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Flushing Savings Bank, FSB (#16049)
    Federal Reserve ID: 1362291
    Date Established: January 11, 1989
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8549
    FDIC's unique #: 45465
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: January 11, 1989
    Last Structure Change Effective Date: September 10, 1997
    Last Structure Change Process Date: October 07, 1997
    Last Data Update: October 07, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 2 Park Avenue, 24th Floor, New York City, NY 10016
    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 Summary
  • Total assets: $88.4 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
  • 0Total employees (full-time equivalent)
  • $17Total assets
  • $82,249Cash and due from depository institutions
  • $1,289Interest-bearing balances
  • $153Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,405Net loans & leases
  • $69,806Loan loss allowance
  • $923Trading account assets
  • $0Bank premises and fixed assets
  • $113Other real estate owned
  • $151Goodwill and other intangibles
  • $2,423Life insurance assets
  • $62All other assets
  • $0Total liabilities and capital
  • $82,249Total liabilities
  • $74,563Total deposits
  • $59,651Interest-bearing deposits
  • $58,920Deposits held in domestic offices
  • 59651.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $13,912Subordinated debt
  • $0All other liabilities
  • $1,000Total equity capital
  • $1,000Total bank equity capital
  • $7,686Perpetual preferred stock
  • $3,854Common stock
  • $493Surplus
  • $519Undivided profits
  • Memoranda
  • $2,820Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $450Income earned, not collected on loans
  • $660Earning assets
  • $78,364Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $74,878Average Assets, quarterly
  • $82,888Volatile liabilities
  • $22,075Insider loans
  • $0FHLB advances
  • $13,912Loans and leases held for sale
  • $0Unused loan commitments
  • $8,917Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,624Total risk weighted assets
  • $73,423Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,953Total interest expense
  • $3,892Net interest income
  • $4,061Provision for loan and lease losses
  • $45Total noninterest income
  • $164Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $164Total noninterest expense
  • $2,854Salaries and employee benefits
  • $1,315Premises and equipment expense
  • $247Additional noninterest expense
  • $1,292Pre-tax net operating income
  • $1,326Securities gains (losses)
  • $409Applicable income taxes
  • $745Income before extraordinary items
  • $990Extraordinary gains - net
  • $0Net income attributable to bank
  • $990Net charge-offs
  • $0Cash dividends
  • $438Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 11.12%Cost of funding earning assets
  • 5.44%Net interest margin
  • 5.68%Noninterest income to earning assets
  • 0.23%Noninterest expense to earning assets
  • 3.99%Net operating income to assets
  • 0.97%Return on assets (ROA)
  • 1.32%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • 13.55%Retained earnings to average equity (YTD only)
  • 7.56%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 67,101Assets per employee
  • 4.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.24%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 196.22%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 117.02%Net loans and leases to core deposits
  • 135.58%Equity capital to assets
  • 9.34%Core capital (leverage) ratio
  • 9.28%Tier 1 risk-based capital ratio
  • 10.38%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $74,878Average earning assets
  • $7,305Average equity
  • $71,544Average loans

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