The Bridgehampton National Bank in Bridgehampton, New York (NY)



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The Bridgehampton National Bank routing number info

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The Bridgehampton National Bank
GeneralFDIC Certificate #: 6976
Status: Active
Federal Reserve ID: 23504
Bank Holding Company (Regulatory Top Holder): Bridge Bancorp, Inc. (RSSDID: 1416523, Location: Bridgehampton, NY)
Date Established: Febuary 19, 1909
WWW: http://www.bridgenb.com
Trust Powers Granted: Yes
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 20 (Domestic: 20, Interstate: No)
OTS Docket #: 9545
FDIC's unique #: 4672
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: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: May 28, 2011
Last Structure Change Process Date: June 09, 2011
Last Data Update: June 09, 2011
Data Source Date: April 05, 2012
LocationAddress: 2200 Montauk Highway, Bridgehampton, NY 11932
County: Suffolk
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): Nassau-Suffolk, NY (#5380)
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: Nassau-Suffolk, NY (#35004)
History of ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $1,333.4 mil
Equity capital: $110.0 mil
Deposits held in domestic offices: $1,201.2 mil
Return on assets (ROA): 0.96% ($12.8 mil)
Quarterly return on assets: 0.98% ($13.1 mil)
Return on Equity (ROE): 12.37% ($13.6 mil)
Quarterly return on equity: 12.39% ($13.6 mil)
Net income: $11.3 mil
Quarterly Net income: $3.2 mil
Pretax return on assets: 1.39% ($18,534.0 mil)
Quarterly Pretax return on assets: 1.42% ($18,934.1 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)
Total employees (full-time equivalent)216
Total assets$1,333,384
Cash and due from depository institutions$79,546
Interest-bearing balances$53,625
Securities$610,592
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$603,606
Loan loss allowance $10,837
Trading account assets$0
Bank premises and fixed assets$24,171
Other real estate owned$0
Goodwill and other intangibles$2,350
All other assets$13,119
Life insurance assets$1,333,384
Total liabilities and capital$1,223,237
Total liabilities$1,201,186
Total deposits$866,689
Interest-bearing deposits$1,201,186
Deposits held in domestic offices$61
% insured (estimated)16897.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $5,154
All other liabilities $110,147
Total equity capital$110,028
Total bank equity capital$110,028
Perpetual preferred stock$0
Common stock$600
Surplus$18,453
Undivided profits $90,975
Memoranda
Noncurrent loans and leases $119
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $2,300
Income earned, not collected on loans $6,872
Earning assets $0
Long-term assets (5+ years) $4,940
Average Assets, year-to-date $1,267,823
Average Assets, quarterly $427,386
Volatile liabilities $1,179,864
Insider loans $1,306,037
FHLB advances $790,162
Loans and leases held for sale $1,275,013
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $105,494
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $201,050
Derivatives$1,238
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $50,426
Total interest expense $6,250
Net interest income $44,176
Provision for loan and lease losses $3,900
Total noninterest income $6,814
Fiduciary activities $0
Service charges on deposit accounts $3,137
Trading account gains & fees $0
Additional noninterest income $3,677
Total noninterest expense $30,769
Salaries and employee benefits $18,036
Premises and equipment expense $4,325
Additional noninterest expense $8,408
Pre-tax net operating income $16,321
Securities gains (losses) $135
Applicable income taxes $5,107
Income before extraordinary items $11,349
Extraordinary gains - net $0
Net income attributable to bank $11,349
Net charge-offs $0
Cash dividends $11,349
Sale, conversion, retirement of capital stock, net $1,560
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.49%
Cost of funding earning assets 0.56%
Net interest margin 3.94%
Noninterest income to earning assets 0.61%
Noninterest expense to earning assets 2.74%
Net operating income to assets 0.95%
Return on assets (ROA) 0.96%
Pretax return on assets 1.39%
Return on equity (ROE) 12.37%
Retained earnings to average equity (YTD only) 12.37%
Net charge-offs to loans 0.28%
Credit loss provision to net charge-offs 250.00%
Efficiency ratio12.96%
Assets per employee$60,261
Cash dividends to net income (YTD only)6.17%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.76%
Noncurrent assets plus other real estate owned to assets 157.70%
Noncurrent loans to loans 0.52%
Net loans and leases to deposits1.12%
Net loans and leases to core deposits 50.25%
Equity capital to assets 54.88%
Core capital (leverage) ratio 8.25%
Tier 1 risk-based capital ratio 8.27%
Total risk-based capital ratio 13.35%
Memoranda
Average assets$15
Average earning assets$1,179,864
Average equity $91,741
Average loans $1,122,440
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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$681
Number of Accounts1
Personal trust and agency accounts$681
Employee benefit-defined contribution accounts$75
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$606
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts3
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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20 New York Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
04672The Bridgehampton National Bank2200 Montauk Highway, Bridgehampton, NY 11932Febuary 19, 1909Full Service Brick and Mortar
2213255East Hampton Branch55 Main Street, East Hampton, NY 11937May 08, 1985Full Service Brick and Mortar
3213256Southampton Branch425 County Road #39, Southampton, NY 11968June 04, 1985Full Service Brick and Mortar
4213257Southold Branch54790 Main Road, Southold, NY 11971May 18, 1990Full Service Brick and Mortar
5213258Mattituck BranchMain Road (Route 25), Mattituck, NY 11952August 13, 1992Full Service Brick and Mortar
6213259Montauk BranchOne The Plaza, Montauk Highway, Montauk, NY 11954Febuary 21, 1995Full Service Brick and Mortar
7213260Southampton Village Branch150 Hampton Road, Southampton, NY 11968November 19, 1997Full Service Brick and Mortar
8358328Greenport Branch218 Front St., Greenport, NY 11944April 06, 2000Full Service Brick and Mortar
9359575Sag Harbor Branch2 Bay Street, Sag Harbor, NY 11963Febuary 06, 2001Full Service Brick and Mortar
10419564Hampton Bays Branch48 E. Montauk Hwy, Hampton Bays, NY 11946July 19, 2002Full Service Brick and Mortar
11419565Peconic Landing Branch1500 Brecknock Rd, Greenport, NY 11944December 20, 2002Limited Service Mobile
12443056Westhampton Beach Branch194 Mill Road, Westhampton Beach, NY 11978June 01, 2005Full Service Brick and Mortar
13461669Cutchogue Branch32845 Main Road, Cutchogue, NY 11935Febuary 12, 2007Full Service Brick and Mortar
14469339Wading River Branch6324 Route 25a, Wading River, NY 11792September 26, 2007Full Service Brick and Mortar
15492978Shirley Branch630 Montauk Hwy., Shirley, NY 11967April 22, 2009Full Service Brick and Mortar
16508864Center Moriches15 Frowein Rd, Center Moriches, NY 11934May 03, 2010Full Service Brick and Mortar
18513385Patchogue Branch41 East Main Street, Patchogue, NY 11772August 16, 2010Full Service Brick and Mortar
19514541Deer Park Branch410 Commack Road, Deer Park, NY 11729October 18, 2010Full Service Brick and Mortar
2060847Windmill Lane Branch243 Windmill Lane, Southampton, NY 11969October 01, 1998Full Service Brick and Mortar
21521840East Hampton Satellite Branch55 Main Street, East Hampton, NY 11937November 01, 2010Limited Service Facility
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