Tarrytowns Bank, FSB in Tarrytown, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 30, 1999

  • Tarrytowns Bank, FSB in Tarrytown, New York (NY)
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Tarrytowns Bank, FSB - Overview

  • General
  • FDIC Certificate #: 29963
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union State Bank (#20119)
    Federal Reserve ID: 970176
    Date Established: January 01, 1891
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 4436
    FDIC's unique #: 42797
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 15, 1938
    Last Structure Change Effective Date: April 30, 1999
    Last Structure Change Process Date: June 02, 1999
    Last Data Update: June 02, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 75 North Broadway, Tarrytown, NY 10591
    County: Westchester
    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): New York, NY (#5600)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $156.9 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
  • 13Total employees (full-time equivalent)
  • $159,266Total assets
  • $2,312Cash and due from depository institutions
  • $1,492Interest-bearing balances
  • $82,199Securities
  • $15,400Federal funds sold & reverse repurchase agreements
  • $54,625Net loans & leases
  • $715Loan loss allowance
  • $0Trading account assets
  • $576Bank premises and fixed assets
  • $0Other real estate owned
  • $501Goodwill and other intangibles
  • $0Life insurance assets
  • $3,653All other assets
  • $159,266Total liabilities and capital
  • $138,148Total liabilities
  • $106,583Total deposits
  • $102,165Interest-bearing deposits
  • $106,583Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $29,417Other borrowed funds
  • $0Subordinated debt
  • $2,148All other liabilities
  • $21,118Total equity capital
  • $21,118Total bank equity capital
  • $21,118Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $7,445Undivided profits
  • Memoranda
  • $13,672Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $759Earning assets
  • $0Long-term assets (5+ years)
  • $368Average Assets, year-to-date
  • $153,716Average Assets, quarterly
  • $0Volatile liabilities
  • $136,275Insider loans
  • $147,221FHLB advances
  • $45,072Loans and leases held for sale
  • $0Unused loan commitments
  • $29,417Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,251Total unused commitments
  • $0Restructured Loans and leases
  • $46,431Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $10,018Total interest income
  • $5,388Total interest expense
  • $4,630Net interest income
  • $40Provision for loan and lease losses
  • $208Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $208Additional noninterest income
  • $2,706Total noninterest expense
  • $1,650Salaries and employee benefits
  • $400Premises and equipment expense
  • $656Additional noninterest expense
  • $2,092Pre-tax net operating income
  • $167Securities gains (losses)
  • $943Applicable income taxes
  • $1,316Income before extraordinary items
  • -$963Extraordinary gains - net
  • $353Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $16Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.61%Yield on earning assets
  • 4.09%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 2.06%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 0.26%Return on assets (ROA)
  • 0.95%Pretax return on assets
  • 1.94%Return on equity (ROE)
  • -0.26%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 250.00%Credit loss provision to net charge-offs
  • 133.25%Efficiency ratio
  • 55,126Assets per employee
  • 12.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 113.31%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 94.20%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 1.37%Net loans and leases to deposits
  • 51.25%Net loans and leases to core deposits
  • 60.08%Equity capital to assets
  • 13.26%Core capital (leverage) ratio
  • 13.05%Tier 1 risk-based capital ratio
  • 44.64%Total risk-based capital ratio
  • Memoranda
  • $46Average assets
  • $136,275Average earning assets
  • $18,176Average equity
  • $131,631Average loans

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