Ontario National Bank in Clifton Springs, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2006

  • Ontario National Bank in Clifton Springs, New York (NY)
  • Show street view No street view available for this location

Ontario National Bank - Overview

  • General
  • FDIC Certificate #: 7005
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank, National Association (#6989)
    Federal Reserve ID: 174406
    Date Established: January 01, 1907
    WWW: http://www.onb-link.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 12337
    FDIC's unique #: 4688
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 01, 2006
    Last Structure Change Process Date: December 08, 2006
    Last Data Update: December 08, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 26 East Main Street, Clifton Springs, NY 14432
    County: Ontario
    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): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • Financial Summary
  • Total assets: $93.2 mil

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

2000 - 2011 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, 2005)

  • Dollar figures in thousands
  • 42Total employees (full-time equivalent)
  • $93,733Total assets
  • $5,678Cash and due from depository institutions
  • $0Interest-bearing balances
  • $15,660Securities
  • $3,038Federal funds sold & reverse repurchase agreements
  • $66,662Net loans & leases
  • $676Loan loss allowance
  • $0Trading account assets
  • $1,046Bank premises and fixed assets
  • $0Other real estate owned
  • $63Goodwill and other intangibles
  • $0Life insurance assets
  • $1,586All other assets
  • $93,733Total liabilities and capital
  • $84,627Total liabilities
  • $78,340Total deposits
  • $64,847Interest-bearing deposits
  • $78,340Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $6,000Other borrowed funds
  • $0Subordinated debt
  • $287All other liabilities
  • $9,106Total equity capital
  • $9,106Total bank equity capital
  • $9,106Perpetual preferred stock
  • $0Common stock
  • $375Surplus
  • $128Undivided profits
  • Memoranda
  • $8,603Noncurrent loans and leases
  • $10,337Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $709Earning assets
  • $0Long-term assets (5+ years)
  • $366Average Assets, year-to-date
  • $85,360Average Assets, quarterly
  • $37,658Volatile liabilities
  • $97,482Insider loans
  • $95,827FHLB advances
  • $9,338Loans and leases held for sale
  • $1,487Unused loan commitments
  • $6,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,337Total unused commitments
  • $0Restructured Loans and leases
  • $825Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $5,521Total interest income
  • $1,467Total interest expense
  • $4,054Net interest income
  • $144Provision for loan and lease losses
  • $844Total noninterest income
  • $0Fiduciary activities
  • $386Service charges on deposit accounts
  • $0Trading account gains & fees
  • $458Additional noninterest income
  • $3,596Total noninterest expense
  • $1,700Salaries and employee benefits
  • $818Premises and equipment expense
  • $1,078Additional noninterest expense
  • $1,158Pre-tax net operating income
  • $6Securities gains (losses)
  • $397Applicable income taxes
  • $767Income before extraordinary items
  • $0Extraordinary gains - net
  • $767Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $145Sale, conversion, retirement of capital stock, net
  • $274Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.07%Yield on earning assets
  • 1.61%Cost of funding earning assets
  • 4.46%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.95%Noninterest expense to earning assets
  • 0.78%Net operating income to assets
  • 0.79%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 8.75%Return on equity (ROE)
  • 5.62%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 99.31%Credit loss provision to net charge-offs
  • 8.98%Efficiency ratio
  • 73,418Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.72%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 95.35%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 1.05%Net loans and leases to deposits
  • 85.09%Net loans and leases to core deposits
  • 92.58%Equity capital to assets
  • 9.71%Core capital (leverage) ratio
  • 9.50%Tier 1 risk-based capital ratio
  • 13.75%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $97,482Average earning assets
  • $8,770Average equity
  • $90,962Average loans

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