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


Sawyer Savings Bank - Overview

  • General
  • FDIC Certificate #: 16039
    Status: Active
    Federal Reserve ID: 605610
    Date Established: April 06, 1871
    WWW: http://www.sawyersavings.com
    Trust Powers Granted: No
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15653
    FDIC's unique #: 10267
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: July 01, 1943
    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: 87 Market Street, Saugerties, NY 12477
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $188.5 mil
    Equity capital: $19.5 mil
    Deposits held in domestic offices: $139.0 mil
    Return on assets (ROA): 0.54% ($1.0 mil)
    Quarterly return on assets: 0.34% ($0.6 mil)
    Return on Equity (ROE): 5.41% ($1.1 mil)
    Quarterly return on equity: 3.31% ($0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.60% ($1,131.1 mil)
    Quarterly Pretax return on assets: 0.26% ($490.1 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
  • 44Total employees (full-time equivalent)
  • $188,515Total assets
  • $5,486Cash and due from depository institutions
  • $708Interest-bearing balances
  • $59,233Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $115,807Net loans & leases
  • $2,125Loan loss allowance
  • $1,880Trading account assets
  • $926Bank premises and fixed assets
  • $76Other real estate owned
  • $14Goodwill and other intangibles
  • $188,515Life insurance assets
  • $5,093All other assets
  • $169,011Total liabilities and capital
  • $139,004Total liabilities
  • $129,198Total deposits
  • $139,004Interest-bearing deposits
  • $80Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $27,500Trading liabilities
  • $0Other borrowed funds
  • $2,507Subordinated debt
  • $19,504All other liabilities
  • $19,504Total equity capital
  • $19,504Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $4,470Surplus
  • $15,034Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,180Income earned, not collected on loans
  • $0Earning assets
  • $829Long-term assets (5+ years)
  • $177,628Average Assets, year-to-date
  • $144,752Average Assets, quarterly
  • $187,929Volatile liabilities
  • $187,902Insider loans
  • $92,593FHLB advances
  • $186,278Loans and leases held for sale
  • $222Unused loan commitments
  • $222Tier 1 (core) risk-based capital
  • $18,736Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,959Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,897Total interest income
  • $2,539Total interest expense
  • $6,358Net interest income
  • $410Provision for loan and lease losses
  • $447Total noninterest income
  • $0Fiduciary activities
  • $303Service charges on deposit accounts
  • -$32Trading account gains & fees
  • $176Additional noninterest income
  • $5,512Total noninterest expense
  • $2,944Salaries and employee benefits
  • $706Premises and equipment expense
  • $1,862Additional noninterest expense
  • $883Pre-tax net operating income
  • $242Securities gains (losses)
  • $119Applicable income taxes
  • $1,006Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,006Net income attributable to bank
  • $0Net charge-offs
  • $1,006Cash dividends
  • $514Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.95%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.25%Noninterest income to earning assets
  • 3.07%Noninterest expense to earning assets
  • 0.42%Net operating income to assets
  • 0.54%Return on assets (ROA)
  • 0.60%Pretax return on assets
  • 5.41%Return on equity (ROE)
  • 5.41%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 79.77%Credit loss provision to net charge-offs
  • 2.52%Efficiency ratio
  • 80,999Assets per employee
  • 4.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 97.48%Noncurrent assets plus other real estate owned to assets
  • 1.20%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 83.31%Net loans and leases to core deposits
  • 102.79%Equity capital to assets
  • 10.35%Core capital (leverage) ratio
  • 10.06%Tier 1 risk-based capital ratio
  • 20.23%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $187,929Average earning assets
  • $18,590Average equity
  • $179,703Average loans

List of branches

  • 3 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    010267Sawyer Savings Bank87 Market Street, Saugerties, NY 12477April 06, 1871Full Service Brick and Mortar
    2236941Riverview Road Branch2 Riverview Road, Marlboro, NY 12542June 01, 1997Full Service Brick and Mortar
    3361132Highland Branch71 Vineyard Ave., Highland, NY 12528May 12, 2001Full Service Brick and Mortar

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