OnBank & Trust Co. of Albany in Albany, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 16, 1993

  • OnBank & Trust Co. of Albany in Albany, New York (NY)
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OnBank & Trust Co. of Albany - Overview

  • General
  • FDIC Certificate #: 20601
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: OnBank & Trust Co. (#7319)
    Federal Reserve ID: 249911
    Date Established: January 18, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 10 (Interstate: No)
    FDIC's unique #: 14217
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 18, 1972
    Last Structure Change Effective Date: January 16, 1993
    Last Structure Change Process Date: Febuary 24, 1993
    Last Data Update: Febuary 24, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 80 State Street, Albany, NY 12201
    County: Albany
    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): 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 Summary
  • Total assets: $223.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $122Total assets
  • $223,598Cash and due from depository institutions
  • $14,902Interest-bearing balances
  • $0Securities
  • $25,935Federal funds sold & reverse repurchase agreements
  • $2,900Net loans & leases
  • $170,228Loan loss allowance
  • $4,698Trading account assets
  • $0Bank premises and fixed assets
  • $1,531Other real estate owned
  • $4,470Goodwill and other intangibles
  • $3,632Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $223,598Total liabilities
  • $207,097Total deposits
  • $205,608Interest-bearing deposits
  • $169,942Deposits held in domestic offices
  • 205608.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,489Total equity capital
  • $1,489Total bank equity capital
  • $16,501Perpetual preferred stock
  • $0Common stock
  • $2,087Surplus
  • $2,775Undivided profits
  • Memoranda
  • $11,639Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,322Income earned, not collected on loans
  • $1,310Earning assets
  • $199,063Long-term assets (5+ years)
  • $45,854Average Assets, year-to-date
  • $242,907Average Assets, quarterly
  • $230,957Volatile liabilities
  • $9,142Insider loans
  • $3FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $29,898Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,501Total risk weighted assets
  • $174,181Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $19,991Total interest expense
  • $8,375Net interest income
  • $11,616Provision for loan and lease losses
  • $2,488Total noninterest income
  • $1,840Fiduciary activities
  • $310Service charges on deposit accounts
  • $852Trading account gains & fees
  • $0Additional noninterest income
  • $678Total noninterest expense
  • $9,973Salaries and employee benefits
  • $3,957Premises and equipment expense
  • $1,383Additional noninterest expense
  • $4,633Pre-tax net operating income
  • $995Securities gains (losses)
  • $0Applicable income taxes
  • $75Income before extraordinary items
  • $920Extraordinary gains - net
  • $0Net income attributable to bank
  • $920Net charge-offs
  • $2,454Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.08%Cost of funding earning assets
  • 3.81%Net interest margin
  • 5.28%Noninterest income to earning assets
  • 0.84%Noninterest expense to earning assets
  • 4.53%Net operating income to assets
  • 0.38%Return on assets (ROA)
  • 0.38%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • 5.65%Retained earnings to average equity (YTD only)
  • 5.65%Net charge-offs to loans
  • 1.25%Credit loss provision to net charge-offs
  • 101.39%Efficiency ratio
  • 74,116Assets per employee
  • 1.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.69%Loss allowance to noncurrent loans
  • 88.28%Noncurrent assets plus other real estate owned to assets
  • 4.38%Noncurrent loans to loans
  • 3.04%Net loans and leases to deposits
  • 82.79%Net loans and leases to core deposits
  • 86.65%Equity capital to assets
  • 7.38%Core capital (leverage) ratio
  • 6.96%Tier 1 risk-based capital ratio
  • 9.47%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $242,907Average earning assets
  • $16,273Average equity
  • $220,070Average loans

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