Steuben Trust Company in Hornell, New York (NY)



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Steuben Trust Company routing number info

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Steuben Trust Company
GeneralFDIC Certificate #: 12936
Status: Active
Federal Reserve ID: 929802
Bank Holding Company (Regulatory Top Holder): Steuben Trust Corporation (RSSDID: 1486665, Location: Hornell, NY)
Date Established: August 30, 1902
WWW: http://www.mysteubentrust.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 13 (Domestic: 13, Interstate: No)
OTS Docket #: 11757
FDIC's unique #: 8184
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: All Other Specialization < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: Febuary 20, 2009
Last Structure Change Process Date: March 09, 2009
Last Data Update: March 09, 2009
Data Source Date: April 05, 2012
LocationAddress: One Steuben Square, Hornell, NY 14843
County: Steuben
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
Core Based Statistical Area (CBSA): Corning, NY (#18500)
CBSA Micro Statistical Area: Yes
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $390.7 mil
Equity capital: $40.7 mil
Deposits held in domestic offices: $314.4 mil
Return on assets (ROA): 1.15% ($4.5 mil)
Quarterly return on assets: 1.22% ($4.8 mil)
Return on Equity (ROE): 11.36% ($4.7 mil)
Quarterly return on equity: 11.65% ($4.8 mil)
Net income: $4.3 mil
Quarterly Net income: $1.2 mil
Pretax return on assets: 1.59% ($6,212.0 mil)
Quarterly Pretax return on assets: 1.62% ($6,329.2 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)
Total employees (full-time equivalent)118
Total assets$390,694
Cash and due from depository institutions$17,120
Interest-bearing balances$404
Securities$133,659
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$218,782
Loan loss allowance $2,815
Trading account assets$0
Bank premises and fixed assets$6,561
Other real estate owned$1,109
Goodwill and other intangibles$164
All other assets$13,299
Life insurance assets$390,693
Total liabilities and capital$349,719
Total liabilities$314,441
Total deposits$242,071
Interest-bearing deposits$314,441
Deposits held in domestic offices$78
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$29,250
Other borrowed funds $0
Subordinated debt $6,028
All other liabilities $40,974
Total equity capital$40,660
Total bank equity capital$40,660
Perpetual preferred stock$0
Common stock$1,600
Surplus$11,752
Undivided profits $27,308
Memoranda
Noncurrent loans and leases $314
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $2,275
Earning assets $0
Long-term assets (5+ years) $1,498
Average Assets, year-to-date $352,845
Average Assets, quarterly $182,584
Volatile liabilities $373,983
Insider loans $387,192
FHLB advances $231,641
Loans and leases held for sale $381,368
Unused loan commitments $8,265
Tier 1 (core) risk-based capital $6,840
Tier 2 risk-based capital $38,699
Total risk weighted assets $0
Total unused commitments $1,425
Restructured Loans and leases $36,394
Derivatives$2,290
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $16,039
Total interest expense $1,702
Net interest income $14,337
Provision for loan and lease losses $583
Total noninterest income $4,270
Fiduciary activities $854
Service charges on deposit accounts $1,795
Trading account gains & fees $0
Additional noninterest income $1,621
Total noninterest expense $12,382
Salaries and employee benefits $7,585
Premises and equipment expense $1,747
Additional noninterest expense $3,050
Pre-tax net operating income $5,642
Securities gains (losses) $334
Applicable income taxes $1,636
Income before extraordinary items $4,340
Extraordinary gains - net $0
Net income attributable to bank $4,312
Net charge-offs $28
Cash dividends $4,340
Sale, conversion, retirement of capital stock, net $218
Net operating income $1,699
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.74%
Cost of funding earning assets 0.50%
Net interest margin 4.24%
Noninterest income to earning assets 1.26%
Noninterest expense to earning assets 3.66%
Net operating income to assets 1.10%
Return on assets (ROA) 1.15%
Pretax return on assets 1.59%
Return on equity (ROE) 11.36%
Retained earnings to average equity (YTD only) 6.88%
Net charge-offs to loans 0.10%
Credit loss provision to net charge-offs 267.43%
Efficiency ratio28.56%
Assets per employee$66,507
Cash dividends to net income (YTD only)3.31%
Condition Ratios (%)
Loss allowance to loans 39.40%
Loss allowance to noncurrent loans 1.27%
Noncurrent assets plus other real estate owned to assets 123.74%
Noncurrent loans to loans 0.87%
Net loans and leases to deposits1.03%
Net loans and leases to core deposits 69.58%
Equity capital to assets 81.10%
Core capital (leverage) ratio 10.41%
Tier 1 risk-based capital ratio 10.15%
Total risk-based capital ratio 16.71%
Memoranda
Average assets$18
Average earning assets$373,983
Average equity $37,965
Average loans $338,171
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$118,289
Number of Accounts1
Personal trust and agency accounts$91,657
Employee benefit-defined contribution accounts$45,569
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$16,737
Investment management agency accounts$419
Other fiduciary accounts$28,932
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts444
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$16,737
Employee benefit-defined benefit accounts$0
Other retirement accounts$26,632
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$3,812
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13 New York Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
08184Steuben Trust CompanyOne Steuben Square, Hornell, NY 14843August 30, 1902Full Service Brick and Mortar
2228572Arkport Branch29 Main Street, Arkport, NY 14807May 19, 1969Full Service Brick and Mortar
3228573Alfred Branch928 State Highway Route 244, Alfred, NY 14802July 05, 1988Full Service Brick and Mortar
4218338Canaseraga Branch37 Main Street, Canaseraga, NY 14822June 15, 1957Full Service Brick and Mortar
5228574Wellsville Branch475 North Highland Avenue, Wellsville, NY 14895Febuary 28, 1994Full Service Brick and Mortar
8215266Andover Branch38 South Main Street, Andover, NY 14806Febuary 01, 1956Full Service Brick and Mortar
9215268Whitesville Branch484 Main Street, Whitesville, NY 14897April 01, 1959Full Service Brick and Mortar
10215267Bolivar Branch319 Main Street, Bolivar, NY 14715June 18, 1962Full Service Brick and Mortar
11398Belmont Branch11 Schuyler Street, Belmont, NY 14813January 01, 1888Full Service Brick and Mortar
12365658Bath Plaza Branch201 Bath Plaza, Bath, NY 14810December 16, 2002Full Service Brick and Mortar
13455807Geneseo Branch11 Megan Drive, Geneseo, NY 14454September 11, 2006Full Service Brick and Mortar
14467727Henrietta Branch20 Wildbriar Road, Rochester, NY 14623July 16, 2007Full Service Brick and Mortar
1544059Canisteo Branch1 Main St, Canisteo, NY 14823January 01, 1921Full Service Brick and Mortar
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