Pioneer Commercial Bank in Troy, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pioneer Commercial Bank - Overview

  • General
  • FDIC Certificate #: 57849
    Status: Active
    Federal Reserve ID: 3303953
    Date Established: November 08, 2004
    WWW: http://www.pioneersb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 428117
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: 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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: November 08, 2004
    Last Structure Change Effective Date: Febuary 24, 2012
    Last Structure Change Process Date: Febuary 24, 2012
    Last Data Update: Febuary 24, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 21 Second Street, Troy, NY 12180
    County: Rensselaer
    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: $46.0 mil
    Equity capital: $4.7 mil
    Deposits held in domestic offices: $41.2 mil
    Return on assets (ROA): 0.12% ($0.1 mil)
    Quarterly return on assets: 0.14% ($0.1 mil)
    Return on Equity (ROE): 1.33% ($0.1 mil)
    Quarterly return on equity: 1.53% ($0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: 0.09% ($41.4 mil)
    Quarterly Pretax return on assets: 0.15% ($68.9 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
  • 1Total employees (full-time equivalent)
  • $45,958Total assets
  • $6,632Cash and due from depository institutions
  • $6,507Interest-bearing balances
  • $37,120Securities
  • $2,034Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $45,958Life insurance assets
  • $172All other assets
  • $41,229Total liabilities and capital
  • $41,214Total liabilities
  • $32,113Total deposits
  • $41,214Interest-bearing deposits
  • $45Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15Subordinated debt
  • $4,729All other liabilities
  • $4,729Total equity capital
  • $4,729Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $3,000Surplus
  • $729Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $73Long-term assets (5+ years)
  • $45,661Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $49,901Volatile liabilities
  • $50,220Insider loans
  • $7,819FHLB advances
  • $49,654Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $4,684Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $340Total interest income
  • $98Total interest expense
  • $242Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $219Total noninterest expense
  • $114Salaries and employee benefits
  • $1Premises and equipment expense
  • $104Additional noninterest expense
  • $23Pre-tax net operating income
  • $23Securities gains (losses)
  • -$16Applicable income taxes
  • $62Income before extraordinary items
  • $0Extraordinary gains - net
  • $62Net income attributable to bank
  • $0Net charge-offs
  • $62Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.69%Yield on earning assets
  • 0.20%Cost of funding earning assets
  • 0.49%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 0.44%Noninterest expense to earning assets
  • 0.08%Net operating income to assets
  • 0.12%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • 1.33%Return on equity (ROE)
  • 1.33%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 90,496Assets per employee
  • 45.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 10.29%Core capital (leverage) ratio
  • 9.43%Tier 1 risk-based capital ratio
  • 59.91%Total risk-based capital ratio
  • Memoranda
  • $60Average assets
  • $49,901Average earning assets
  • $4,670Average equity
  • $49,472Average loans

List of branches

  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0428117Pioneer Commercial Bank21 Second Street, Troy, NY 12180November 08, 2004Full Service Brick and Mortar

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