Roosevelt Savings Bank in Garden City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 17, 1999

  • Roosevelt Savings Bank in Garden City, New York (NY)
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Roosevelt Savings Bank - Overview

  • General
  • FDIC Certificate #: 15962
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: The Roslyn Savings Bank (#16038)
    Federal Reserve ID: 764508
    Date Established: November 25, 1895
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 17 (Interstate: No)
    OTS Docket #: 7958
    FDIC's unique #: 10193
    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: Febuary 17, 1999
    Last Structure Change Process Date: March 23, 1999
    Last Data Update: July 28, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1122 Franklin Avenue, Garden City, NY 11530
    County: Nassau
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: New York City
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): Nassau-Suffolk, NY (#5380)
    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): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: Nassau-Suffolk, NY (#35004)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $4,079.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 415Total employees (full-time equivalent)
  • $4,079,873Total assets
  • $17,243Cash and due from depository institutions
  • $79Interest-bearing balances
  • $1,619,204Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,394,519Net loans & leases
  • $15,428Loan loss allowance
  • $0Trading account assets
  • $11,933Bank premises and fixed assets
  • $644Other real estate owned
  • $242Goodwill and other intangibles
  • $0Life insurance assets
  • $36,088All other assets
  • $4,079,873Total liabilities and capital
  • $3,814,820Total liabilities
  • $2,195,542Total deposits
  • $2,098,279Interest-bearing deposits
  • $2,195,542Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,135,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $433,378Other borrowed funds
  • $0Subordinated debt
  • $50,900All other liabilities
  • $265,053Total equity capital
  • $265,053Total bank equity capital
  • $265,053Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $101,755Undivided profits
  • Memoranda
  • $163,298Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $15,962Earning assets
  • $9,489Long-term assets (5+ years)
  • $12,832Average Assets, year-to-date
  • $4,013,802Average Assets, quarterly
  • $2,977,320Volatile liabilities
  • $4,039,915Insider loans
  • $4,128,270FHLB advances
  • $1,429,661Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $97,413Total unused commitments
  • $0Restructured Loans and leases
  • $1,530,911Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $288,491Total interest income
  • $186,571Total interest expense
  • $101,920Net interest income
  • $750Provision for loan and lease losses
  • $4,426Total noninterest income
  • $0Fiduciary activities
  • $1,647Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,779Additional noninterest income
  • $45,345Total noninterest expense
  • $31,973Salaries and employee benefits
  • $5,092Premises and equipment expense
  • $8,280Additional noninterest expense
  • $60,251Pre-tax net operating income
  • $10,930Securities gains (losses)
  • $28,248Applicable income taxes
  • $42,933Income before extraordinary items
  • $0Extraordinary gains - net
  • $42,933Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $239Sale, conversion, retirement of capital stock, net
  • $13,500Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.26%Yield on earning assets
  • 4.70%Cost of funding earning assets
  • 2.57%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 1.06%Return on assets (ROA)
  • 1.76%Pretax return on assets
  • 17.35%Return on equity (ROE)
  • 11.90%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 313.81%Credit loss provision to net charge-offs
  • 255.23%Efficiency ratio
  • 42,639Assets per employee
  • 9.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.44%Loss allowance to loans
  • 0.64%Loss allowance to noncurrent loans
  • 96.65%Noncurrent assets plus other real estate owned to assets
  • 0.41%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 109.06%Net loans and leases to core deposits
  • 118.77%Equity capital to assets
  • 6.50%Core capital (leverage) ratio
  • 6.35%Tier 1 risk-based capital ratio
  • 17.21%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $4,039,915Average earning assets
  • $247,402Average equity
  • $3,972,552Average loans

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