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


Rondout Savings Bank - Overview

  • General
  • FDIC Certificate #: 15969
    Status: Active
    Federal Reserve ID: 425108
    Date Established: March 24, 1868
    WWW: http://www.rondoutbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    OTS Docket #: 12781
    FDIC's unique #: 10200
    Numeric code: 42
    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: Commercial Lending Specialization
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: April 02, 2008
    Last Structure Change Process Date: April 02, 2008
    Last Data Update: April 02, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 Broadway, Kingston, NY 12401
    County: Ulster
    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
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): Kingston, NY (#28740)
    CBSA Metro Statistical Area: Kingston, NY (#28740)
  • Financial Summary
  • Total assets: $235.4 mil
    Equity capital: $28.3 mil
    Deposits held in domestic offices: $199.4 mil
    Return on assets (ROA): 0.62% ($1.5 mil)
    Quarterly return on assets: 0.80% ($1.9 mil)
    Return on Equity (ROE): 5.13% ($1.4 mil)
    Quarterly return on equity: 6.64% ($1.9 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.97% ($2,283.4 mil)
    Quarterly Pretax return on assets: 1.25% ($2,942.5 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
  • 60Total employees (full-time equivalent)
  • $235,399Total assets
  • $16,321Cash and due from depository institutions
  • $10,384Interest-bearing balances
  • $41,102Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $163,892Net loans & leases
  • $1,785Loan loss allowance
  • $0Trading account assets
  • $4,659Bank premises and fixed assets
  • $642Other real estate owned
  • $431Goodwill and other intangibles
  • $235,399Life insurance assets
  • $8,352All other assets
  • $207,072Total liabilities and capital
  • $199,383Total liabilities
  • $168,684Total deposits
  • $199,383Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,411Trading liabilities
  • $0Other borrowed funds
  • $3,278Subordinated debt
  • $28,327All other liabilities
  • $28,327Total equity capital
  • $28,327Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $2,280Surplus
  • $26,047Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $199Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,511Income earned, not collected on loans
  • $0Earning assets
  • $930Long-term assets (5+ years)
  • $215,378Average Assets, year-to-date
  • $107,430Average Assets, quarterly
  • $233,008Volatile liabilities
  • $237,098Insider loans
  • $171,715FHLB advances
  • $235,160Loans and leases held for sale
  • $3,071Unused loan commitments
  • $3,071Tier 1 (core) risk-based capital
  • $28,495Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $36,555Restructured Loans and leases
  • $669Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,563Total interest income
  • $1,707Total interest expense
  • $8,856Net interest income
  • $481Provision for loan and lease losses
  • $1,710Total noninterest income
  • $0Fiduciary activities
  • $960Service charges on deposit accounts
  • $0Trading account gains & fees
  • $750Additional noninterest income
  • $7,931Total noninterest expense
  • $4,024Salaries and employee benefits
  • $1,232Premises and equipment expense
  • $2,675Additional noninterest expense
  • $2,154Pre-tax net operating income
  • $95Securities gains (losses)
  • $806Applicable income taxes
  • $1,443Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,443Net income attributable to bank
  • $0Net charge-offs
  • $1,443Cash dividends
  • $295Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 0.80%Cost of funding earning assets
  • 4.18%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.74%Noninterest expense to earning assets
  • 0.59%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.97%Pretax return on assets
  • 5.13%Return on equity (ROE)
  • 5.13%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 163.05%Credit loss provision to net charge-offs
  • 8.93%Efficiency ratio
  • 75,062Assets per employee
  • 3.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.08%Loss allowance to noncurrent loans
  • 71.09%Noncurrent assets plus other real estate owned to assets
  • 1.34%Noncurrent loans to loans
  • 1.52%Net loans and leases to deposits
  • 82.20%Net loans and leases to core deposits
  • 84.46%Equity capital to assets
  • 12.03%Core capital (leverage) ratio
  • 12.12%Tier 1 risk-based capital ratio
  • 16.59%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $233,008Average earning assets
  • $28,129Average equity
  • $212,069Average loans

List of branches

  • 4 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010200Rondout Savings Bank300 Broadway, Kingston, NY 12401March 24, 1868Full Service Brick and Mortar
    1236270Kingston Branch1296 Ulster Avenue, Kingston, NY 12401September 12, 1997Full Service Brick and Mortar
    2363829Uptown Kingston Branch130 Schwenk Drive, Kingston, NY 12401March 11, 2002Full Service Brick and Mortar
    3442636West Hurley Branch295-4 Route 375, West Hurley, NY 12491March 01, 2005Full Service Brick and Mortar

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