Syringa Bank in Boise, Idaho (ID)
Overview, Financial Summary, Detailed Financial Reports, Branches

Syringa Bank - Overview

  • General
  • FDIC Certificate #: 34296
    Status: Active
    Federal Reserve ID: 2540537
    Bank Holding Company (Regulatory Top Holder): Syringa Bancorp (RSSDID: 3338861, Location: Boise, ID)
    Date Established: Febuary 24, 1997
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 57055
    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: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 24, 1997
    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: 1299 North Orchard, Boise, ID 83706
    County: Ada
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Boise City, ID (#1080)
    Core Based Statistical Area (CBSA): Boise City-Nampa, ID (#14260)
    CBSA Metro Statistical Area: Boise City-Nampa, ID (#14260)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $197.4 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $172.5 mil
    Return on assets (ROA): -2.48% (-$4.9 mil)
    Quarterly return on assets: -4.89% (-$9.6 mil)
    Return on Equity (ROE): -47.42% (-$3.8 mil)
    Quarterly return on equity: -103.65% (-$8.3 mil)
    Net income: -$5.3 mil
    Quarterly Net income: -$2.5 mil
    Pretax return on assets: -2.48% (-$4,896.5 mil)
    Quarterly Pretax return on assets: -4.89% (-$9,654.8 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
  • 70Total employees (full-time equivalent)
  • $197,439Total assets
  • $6,041Cash and due from depository institutions
  • $205Interest-bearing balances
  • $12,481Securities
  • $9,311Federal funds sold & reverse repurchase agreements
  • $158,843Net loans & leases
  • $3,801Loan loss allowance
  • $0Trading account assets
  • $2,551Bank premises and fixed assets
  • $4,586Other real estate owned
  • $0Goodwill and other intangibles
  • $197,439Life insurance assets
  • $3,626All other assets
  • $189,155Total liabilities and capital
  • $172,513Total liabilities
  • $138,680Total deposits
  • $172,513Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,000Trading liabilities
  • $0Other borrowed funds
  • $642Subordinated debt
  • $8,284All other liabilities
  • $8,284Total equity capital
  • $8,284Total bank equity capital
  • $0Perpetual preferred stock
  • $5,082Common stock
  • $43,765Surplus
  • $-40,563Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $401Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,514Income earned, not collected on loans
  • $723Earning assets
  • $613Long-term assets (5+ years)
  • $180,840Average Assets, year-to-date
  • $41,369Average Assets, quarterly
  • $213,603Volatile liabilities
  • $202,104Insider loans
  • $166,125FHLB advances
  • $202,140Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,981Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $27,922Restructured Loans and leases
  • $5,037Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,268Total interest income
  • $2,232Total interest expense
  • $8,036Net interest income
  • $3,127Provision for loan and lease losses
  • -$628Total noninterest income
  • $0Fiduciary activities
  • $264Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$892Additional noninterest income
  • $9,588Total noninterest expense
  • $4,778Salaries and employee benefits
  • $1,477Premises and equipment expense
  • $3,333Additional noninterest expense
  • -$5,307Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$5,307Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,307Net income attributable to bank
  • $0Net charge-offs
  • -$5,307Cash dividends
  • $3,616Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.14%Cost of funding earning assets
  • 4.11%Net interest margin
  • -0.32%Noninterest income to earning assets
  • 4.91%Noninterest expense to earning assets
  • -2.48%Net operating income to assets
  • -2.48%Return on assets (ROA)
  • -2.48%Pretax return on assets
  • -47.42%Return on equity (ROE)
  • -47.42%Retained earnings to average equity (YTD only)
  • 2.07%Net charge-offs to loans
  • 86.48%Credit loss provision to net charge-offs
  • -0.60%Efficiency ratio
  • 129,428Assets per employee
  • 2.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.34%Loss allowance to noncurrent loans
  • 50.59%Noncurrent assets plus other real estate owned to assets
  • 6.13%Noncurrent loans to loans
  • 4.62%Net loans and leases to deposits
  • 92.08%Net loans and leases to core deposits
  • 97.63%Equity capital to assets
  • 4.20%Core capital (leverage) ratio
  • 3.95%Tier 1 risk-based capital ratio
  • 4.80%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $213,603Average earning assets
  • $11,192Average equity
  • $195,473Average loans

List of branches

  • 6 Idaho Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057055Syringa Bank1299 North Orchard, Boise, ID 83706Febuary 24, 1997Full Service Brick and Mortar
    1429953Crossroads-Meridian Branch3671 East Fairview Avenue, Meridian, ID 83642January 01, 2002Full Service Brick and Mortar
    2429954One Capital Center Branch999 Main Street, Suite 100, Boise, ID 83702July 04, 2002Full Service Brick and Mortar
    3453078Eagle Promenade Branch3172 E State St, Eagle, ID 83616December 05, 2005Full Service Brick and Mortar
    5457984Middleton Branch1028 W. Main Street, Middleton, ID 83644November 20, 2006Full Service Brick and Mortar
    6476100Lewiston Main Branch1005 Bryden, Lewiston, ID 83501June 02, 2008Full Service Brick and Mortar

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