PathFinder Bank in Oswego, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


PathFinder Bank - Overview

  • General
  • FDIC Certificate #: 15977
    Status: Active
    Federal Reserve ID: 729310
    Date Established: May 28, 1859
    WWW: http://www.pathfinderbank.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    OTS Docket #: 14133
    FDIC's unique #: 10208
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 214 West First Street, Oswego, NY 13126
    County: Oswego
    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): Syracuse, NY (#8160)
    Combined Statistical Area (CSA): Syracuse-Auburn, NY (#532)
    Core Based Statistical Area (CBSA): Syracuse, NY (#45060)
    CBSA Metro Statistical Area: Syracuse, NY (#45060)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $442.7 mil
    Equity capital: $41.2 mil
    Deposits held in domestic offices: $368.7 mil
    Return on assets (ROA): 0.61% ($2.7 mil)
    Quarterly return on assets: 0.47% ($2.1 mil)
    Return on Equity (ROE): 6.77% ($2.8 mil)
    Quarterly return on equity: 4.80% ($2.0 mil)
    Net income: $2.6 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.89% ($3,939.6 mil)
    Quarterly Pretax return on assets: 0.69% ($3,054.3 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, 2011)

  • Dollar figures in thousands
  • 110Total employees (full-time equivalent)
  • $442,654Total assets
  • $12,021Cash and due from depository institutions
  • $5,036Interest-bearing balances
  • $99,670Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $300,790Net loans & leases
  • $3,980Loan loss allowance
  • $0Trading account assets
  • $10,697Bank premises and fixed assets
  • $536Other real estate owned
  • $3,848Goodwill and other intangibles
  • $442,655Life insurance assets
  • $15,092All other assets
  • $401,442Total liabilities and capital
  • $368,663Total liabilities
  • $330,154Total deposits
  • $368,663Interest-bearing deposits
  • $89Deposits held in domestic offices
  • 5000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,074Trading liabilities
  • $0Other borrowed funds
  • $6,705Subordinated debt
  • $41,213All other liabilities
  • $41,213Total equity capital
  • $41,213Total bank equity capital
  • $10,400Perpetual preferred stock
  • $150Common stock
  • $7,533Surplus
  • $23,130Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,731Income earned, not collected on loans
  • $438Earning assets
  • $1,685Long-term assets (5+ years)
  • $405,496Average Assets, year-to-date
  • $193,530Average Assets, quarterly
  • $420,010Volatile liabilities
  • $431,279Insider loans
  • $292,325FHLB advances
  • $426,023Loans and leases held for sale
  • $7,939Unused loan commitments
  • $7,939Tier 1 (core) risk-based capital
  • $39,917Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,071Restructured Loans and leases
  • $4,123Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,722Total interest income
  • $4,177Total interest expense
  • $14,545Net interest income
  • $940Provision for loan and lease losses
  • $2,090Total noninterest income
  • $0Fiduciary activities
  • $1,040Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,050Additional noninterest income
  • $12,760Total noninterest expense
  • $6,840Salaries and employee benefits
  • $1,720Premises and equipment expense
  • $4,200Additional noninterest expense
  • $2,935Pre-tax net operating income
  • $791Securities gains (losses)
  • $1,152Applicable income taxes
  • $2,574Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,574Net income attributable to bank
  • $0Net charge-offs
  • $2,574Cash dividends
  • $608Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.89%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 3.80%Net interest margin
  • 0.55%Noninterest income to earning assets
  • 3.33%Noninterest expense to earning assets
  • 0.48%Net operating income to assets
  • 0.61%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 6.77%Return on equity (ROE)
  • 6.77%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 154.61%Credit loss provision to net charge-offs
  • 6.37%Efficiency ratio
  • 76,706Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.31%Loss allowance to noncurrent loans
  • 84.13%Noncurrent assets plus other real estate owned to assets
  • 1.19%Noncurrent loans to loans
  • 1.55%Net loans and leases to deposits
  • 81.59%Net loans and leases to core deposits
  • 90.72%Equity capital to assets
  • 9.31%Core capital (leverage) ratio
  • 9.37%Tier 1 risk-based capital ratio
  • 13.66%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $420,010Average earning assets
  • $37,995Average equity
  • $382,865Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,242Managed Assets
  • 1Number of Accounts
  • $1,186Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $136Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $1,043Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 15Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $56Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $56Fiduciary accounts held in foreign offices

List of branches

  • 8 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010208Pathfinder Bank214 West First Street, Oswego, NY 13126May 28, 1859Full Service Brick and Mortar
    1236312Oswego Plaza BranchRoute 104 East, Oswego, NY 13126June 05, 1967Full Service Brick and Mortar
    2236313Mexico BranchMain And Norman Streets, Mexico, NY 13114October 16, 1978Full Service Brick and Mortar
    3277486Oswego Branch34 East Bridge Street, Oswego, NY 13126January 01, 1884Limited Service Facility
    4277488Fulton Branch5 West First Street South, Fulton, NY 13069January 01, 1884Full Service Brick and Mortar
    6215095Lacona Branch1897 Harwood Drive, Lacona, NY 13083Febuary 03, 1964Full Service Brick and Mortar
    7441065Central Square Branch3025 East Avenue, Central Square, NY 13036June 13, 2005Full Service Brick and Mortar
    8516274Cicero Branch6194 State Route 31, Cicero, NY 13039Febuary 01, 2011Full Service Brick and Mortar

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