The First National Bank of Downsville in Downsville, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

The First National Bank of Downsville in Downsville, New York (NY)
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The First National Bank of Downsville - Overview

General
FDIC Certificate #: 7030
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wilber National Bank (#7239)
Federal Reserve ID: 118503
Date Established: August 22, 1905
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)
FDIC's unique #: 4699
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 01, 1994
Last Structure Change Process Date: January 24, 1994
Last Data Update: January 24, 1994
Data Source Date: April 05, 2012
Location
Address: 126 Main Street, Downsville, NY 13755
County: Delaware
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
Financial Summary
Total assets: $60.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$46Total assets
$60,227Cash and due from depository institutions
$2,110Interest-bearing balances
$0Securities
$12,096Federal funds sold & reverse repurchase agreements
$15,850Net loans & leases
$27,032Loan loss allowance
$301Trading account assets
$0Bank premises and fixed assets
$1,630Other real estate owned
$1,327Goodwill and other intangibles
$182Life insurance assets
$0All other assets
$0Total liabilities and capital
$60,227Total liabilities
$54,594Total deposits
$54,194Interest-bearing deposits
$47,099Deposits held in domestic offices
54194.00%% insured (estimated)
$91Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$400Total equity capital
$400Total bank equity capital
$5,633Perpetual preferred stock
$0Common stock
$1,450Surplus
$2,711Undivided profits
Memoranda
$1,472Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,657Income earned, not collected on loans
$118Earning assets
$54,978Long-term assets (5+ years)
$5,938Average Assets, year-to-date
$61,674Average Assets, quarterly
$61,333Volatile liabilities
$4,089Insider loans
$508FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$660Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,633Total risk weighted assets
$27,585Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$3,688Total interest expense
$1,564Net interest income
$2,124Provision for loan and lease losses
$240Total noninterest income
$407Fiduciary activities
$0Service charges on deposit accounts
$142Trading account gains & fees
$0Additional noninterest income
$265Total noninterest expense
$4,974Salaries and employee benefits
$1,199Premises and equipment expense
$366Additional noninterest expense
$3,409Pre-tax net operating income
-$2,683Securities gains (losses)
$1,492Applicable income taxes
$56Income before extraordinary items
-$1,247Extraordinary gains - net
$0Net income attributable to bank
-$1,247Net charge-offs
$506Cash dividends
$62Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.95%Cost of funding earning assets
2.95%Net interest margin
4.00%Noninterest income to earning assets
0.77%Noninterest expense to earning assets
9.37%Net operating income to assets
-4.44%Return on assets (ROA)
-2.02%Pretax return on assets
-1.93%Return on equity (ROE)
-18.51%Retained earnings to average equity (YTD only)
-19.44%Net charge-offs to loans
1.76%Credit loss provision to net charge-offs
47.43%Efficiency ratio
139,550Assets per employee
1.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
-4.97%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
11.33%Noncurrent assets plus other real estate owned to assets
6.61%Noncurrent loans to loans
9.72%Net loans and leases to deposits
49.88%Net loans and leases to core deposits
53.95%Equity capital to assets
9.35%Core capital (leverage) ratio
8.88%Tier 1 risk-based capital ratio
20.42%Total risk-based capital ratio
Memoranda
$22Average assets
$61,674Average earning assets
$6,735Average equity
$53,094Average loans

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