FDIC Certificate #: 7154 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank, National Association (#6989) Federal Reserve ID: 522306 Date Established: December 20, 1920 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 5 (Interstate: No) OTS Docket #: 13320 FDIC's unique #: 4743 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: January 26, 2001 Last Structure Change Process Date: Febuary 16, 2001 Last Data Update: Febuary 16, 2001 Data Source Date: April 05, 2012
Location
Address: 6 Elm Street, Malone, NY 12953 County: Franklin 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): Malone, NY (#31660) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $112.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
50Total employees (full-time equivalent)
$112,612Total assets
$4,257Cash and due from depository institutions
$60Interest-bearing balances
$47,222Securities
$0Federal funds sold & reverse repurchase agreements
$57,790Net loans & leases
$827Loan loss allowance
$0Trading account assets
$1,502Bank premises and fixed assets
$505Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,336All other assets
$112,612Total liabilities and capital
$100,167Total liabilities
$89,711Total deposits
$72,137Interest-bearing deposits
$89,711Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,100Other borrowed funds
$0Subordinated debt
$1,356All other liabilities
$12,445Total equity capital
$12,445Total bank equity capital
$12,445Perpetual preferred stock
$0Common stock
$350Surplus
$350Undivided profits
Memoranda
$11,745Noncurrent loans and leases
$5,594Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$358Earning assets
$168Long-term assets (5+ years)
$343Average Assets, year-to-date
$105,072Average Assets, quarterly
$64,353Volatile liabilities
$115,787Insider loans
$114,545FHLB advances
$17,483Loans and leases held for sale
$587Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,594Total unused commitments
$0Restructured Loans and leases
$800Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$8,446Total interest income
$3,441Total interest expense
$5,005Net interest income
$694Provision for loan and lease losses
$766Total noninterest income
$0Fiduciary activities
$476Service charges on deposit accounts
$0Trading account gains & fees
$290Additional noninterest income
$4,394Total noninterest expense
$1,965Salaries and employee benefits
$750Premises and equipment expense
$1,679Additional noninterest expense
$683Pre-tax net operating income
$10Securities gains (losses)
$86Applicable income taxes
$607Income before extraordinary items
$0Extraordinary gains - net
$607Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$469Sale, conversion, retirement of capital stock, net
$650Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.81%Yield on earning assets
3.18%Cost of funding earning assets
4.63%Net interest margin
0.71%Noninterest income to earning assets
4.06%Noninterest expense to earning assets
0.52%Net operating income to assets
0.52%Return on assets (ROA)
0.60%Pretax return on assets
4.91%Return on equity (ROE)
-0.35%Retained earnings to average equity (YTD only)
0.79%Net charge-offs to loans
147.97%Credit loss provision to net charge-offs
2.94%Efficiency ratio
76,139Assets per employee
2.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
107.08%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
231.01%Noncurrent assets plus other real estate owned to assets
0.77%Noncurrent loans to loans
0.61%Net loans and leases to deposits
64.42%Net loans and leases to core deposits
71.94%Equity capital to assets
11.05%Core capital (leverage) ratio
10.91%Tier 1 risk-based capital ratio
19.35%Total risk-based capital ratio
Memoranda
$21Average assets
$115,787Average earning assets
$12,351Average equity
$108,192Average loans
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