Pawling Savings Bank in Pawling, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 17, 1998

  • Pawling Savings Bank in Pawling, New York (NY)
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Pawling Savings Bank - Overview

  • General
  • FDIC Certificate #: 15980
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Premier National Bank (#6964)
    Federal Reserve ID: 882019
    Date Established: January 01, 1870
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 21 (Interstate: No)
    OTS Docket #: 12392
    FDIC's unique #: 10211
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: July 17, 1998
    Last Structure Change Process Date: July 27, 1998
    Last Data Update: July 27, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 86 State Route 22, Pawling, NY 12564
    County: Dutchess
    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): Dutchess County, NY (#2281)
    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): Poughkeepsie-Newburgh-Middletown, NY (#39100)
    CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $878.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 258Total employees (full-time equivalent)
  • $877,749Total assets
  • $13,864Cash and due from depository institutions
  • $0Interest-bearing balances
  • $239,100Securities
  • $29,100Federal funds sold & reverse repurchase agreements
  • $565,352Net loans & leases
  • $9,801Loan loss allowance
  • $0Trading account assets
  • $9,726Bank premises and fixed assets
  • $606Other real estate owned
  • $7,375Goodwill and other intangibles
  • $0Life insurance assets
  • $12,626All other assets
  • $877,749Total liabilities and capital
  • $804,979Total liabilities
  • $798,676Total deposits
  • $730,815Interest-bearing deposits
  • $798,676Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $6,303All other liabilities
  • $72,770Total equity capital
  • $72,770Total bank equity capital
  • $72,770Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $37,768Undivided profits
  • Memoranda
  • $35,002Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,922Earning assets
  • $0Long-term assets (5+ years)
  • $3,729Average Assets, year-to-date
  • $833,552Average Assets, quarterly
  • $213,678Volatile liabilities
  • $874,337Insider loans
  • $878,451FHLB advances
  • $55,474Loans and leases held for sale
  • $736Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $463Total risk weighted assets
  • $104,920Total unused commitments
  • $0Restructured Loans and leases
  • $487,975Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $68,367Total interest income
  • $34,743Total interest expense
  • $33,624Net interest income
  • $1,975Provision for loan and lease losses
  • $3,453Total noninterest income
  • $0Fiduciary activities
  • $2,063Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,390Additional noninterest income
  • $20,414Total noninterest expense
  • $10,533Salaries and employee benefits
  • $2,745Premises and equipment expense
  • $7,136Additional noninterest expense
  • $14,688Pre-tax net operating income
  • $15Securities gains (losses)
  • $5,822Applicable income taxes
  • $8,881Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,881Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,405Sale, conversion, retirement of capital stock, net
  • $2,601Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.27%Yield on earning assets
  • 4.20%Cost of funding earning assets
  • 4.06%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 2.47%Noninterest expense to earning assets
  • 1.01%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.68%Pretax return on assets
  • 12.77%Return on equity (ROE)
  • 9.03%Retained earnings to average equity (YTD only)
  • 0.24%Net charge-offs to loans
  • 140.57%Credit loss provision to net charge-offs
  • 11.86%Efficiency ratio
  • 51,280Assets per employee
  • 3.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.29%Loss allowance to loans
  • 1.70%Loss allowance to noncurrent loans
  • 165.50%Noncurrent assets plus other real estate owned to assets
  • 0.74%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 70.79%Net loans and leases to core deposits
  • 76.07%Equity capital to assets
  • 8.29%Core capital (leverage) ratio
  • 7.51%Tier 1 risk-based capital ratio
  • 13.27%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $874,337Average earning assets
  • $69,548Average equity
  • $827,185Average loans
My mother recently passed away & her join savings account with my brother Sidney seems like it was never closed, since I'm Sidney guardian, "How do I check on this situation?" Thank you Michael

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