Savannah Bank National Association in Savannah, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches


Savannah Bank National Association - Overview

  • General
  • FDIC Certificate #: 14619
    Status: Active
    Federal Reserve ID: 647414
    Date Established: January 01, 1925
    WWW: http://www.savannahbankny.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 9139
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 21, 1934
    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: 1565 Main Street, Savannah, NY 13146
    County: Wayne
    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): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $102.7 mil
    Equity capital: $9.6 mil
    Deposits held in domestic offices: $91.1 mil
    Return on assets (ROA): 0.92% ($0.9 mil)
    Quarterly return on assets: 1.09% ($1.1 mil)
    Return on Equity (ROE): 10.22% ($1.0 mil)
    Quarterly return on equity: 11.94% ($1.2 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.92% ($944.9 mil)
    Quarterly Pretax return on assets: 1.09% ($1,119.5 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
  • 48Total employees (full-time equivalent)
  • $102,711Total assets
  • $5,744Cash and due from depository institutions
  • $3,087Interest-bearing balances
  • $43,651Securities
  • $38Federal funds sold & reverse repurchase agreements
  • $50,787Net loans & leases
  • $756Loan loss allowance
  • $0Trading account assets
  • $1,190Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $102,711Life insurance assets
  • $1,301All other assets
  • $93,123Total liabilities and capital
  • $91,108Total liabilities
  • $73,980Total deposits
  • $91,108Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 1931.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $84Subordinated debt
  • $9,588All other liabilities
  • $9,588Total equity capital
  • $9,588Total bank equity capital
  • $0Perpetual preferred stock
  • $375Common stock
  • $625Surplus
  • $8,588Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $46Income earned, not collected on loans
  • $0Earning assets
  • $489Long-term assets (5+ years)
  • $97,563Average Assets, year-to-date
  • $39,962Average Assets, quarterly
  • $102,170Volatile liabilities
  • $103,779Insider loans
  • $61,148FHLB advances
  • $103,401Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,843Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,096Restructured Loans and leases
  • $123Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,083Total interest income
  • $413Total interest expense
  • $3,670Net interest income
  • $25Provision for loan and lease losses
  • $522Total noninterest income
  • $0Fiduciary activities
  • $302Service charges on deposit accounts
  • $0Trading account gains & fees
  • $220Additional noninterest income
  • $3,224Total noninterest expense
  • $1,675Salaries and employee benefits
  • $305Premises and equipment expense
  • $1,244Additional noninterest expense
  • $943Pre-tax net operating income
  • -$7Securities gains (losses)
  • $0Applicable income taxes
  • $936Income before extraordinary items
  • $0Extraordinary gains - net
  • $936Net income attributable to bank
  • $0Net charge-offs
  • $936Cash dividends
  • $45Sale, conversion, retirement of capital stock, net
  • $503Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.26%Yield on earning assets
  • 0.43%Cost of funding earning assets
  • 3.83%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.36%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 0.92%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 10.22%Return on equity (ROE)
  • 4.73%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 55.56%Credit loss provision to net charge-offs
  • 21.51%Efficiency ratio
  • 76,908Assets per employee
  • 2.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.74%Loss allowance to loans
  • 1.47%Loss allowance to noncurrent loans
  • 1643.48%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 55.74%Net loans and leases to core deposits
  • 62.62%Equity capital to assets
  • 9.33%Core capital (leverage) ratio
  • 8.55%Tier 1 risk-based capital ratio
  • 14.46%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $102,170Average earning assets
  • $9,160Average equity
  • $95,938Average loans

List of branches

  • 5 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    09139Savannah Bank National Association1565 Main Street, Savannah, NY 13146January 01, 1925Full Service Brick and Mortar
    1231828Waterloo Branch35 West Main Street, Waterloo, NY 13165March 31, 1986Full Service Brick and Mortar
    2215054Fair Haven Branch563 Main Street, Fair Haven, NY 13064Febuary 18, 1957Full Service Brick and Mortar
    3231829Fingerlakes Mall Branch1579 Clark Street Road, Auburn, NY 13022December 20, 1999Full Service Brick and Mortar
    5452495Port Byron Branch126 Main Street, Port Byron, NY 13140May 08, 2006Full Service Brick and Mortar

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