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

This bank is inactive as of June 01, 2001

  • The First National Bank of Northern New York in Norfolk, New York (NY)
  • Show street view No street view available for this location

The First National Bank of Northern New York - Overview

  • General
  • FDIC Certificate #: 7224
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: NBT Bank, National Association (#7230)
    Federal Reserve ID: 701213
    Date Established: October 16, 1916
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 6 (Interstate: No)
    OTS Docket #: 13816
    FDIC's unique #: 4762
    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: June 01, 2001
    Last Structure Change Process Date: June 18, 2001
    Last Data Update: June 18, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: Main And Bank Streets, Norfolk, NY 13667
    County: St. Lawrence
    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): Ogdensburg-Massena, NY (#36300)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $123.9 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, 2000)

  • Dollar figures in thousands
  • 58Total employees (full-time equivalent)
  • $114,239Total assets
  • $5,892Cash and due from depository institutions
  • $9Interest-bearing balances
  • $25,784Securities
  • $1,901Federal funds sold & reverse repurchase agreements
  • $71,817Net loans & leases
  • $516Loan loss allowance
  • $0Trading account assets
  • $4,476Bank premises and fixed assets
  • $223Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,146All other assets
  • $114,239Total liabilities and capital
  • $104,290Total liabilities
  • $102,825Total deposits
  • $89,012Interest-bearing deposits
  • $102,825Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,465All other liabilities
  • $9,949Total equity capital
  • $9,949Total bank equity capital
  • $9,949Perpetual preferred stock
  • $0Common stock
  • $933Surplus
  • $2,467Undivided profits
  • Memoranda
  • $6,549Noncurrent loans and leases
  • $6,507Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $527Earning assets
  • $0Long-term assets (5+ years)
  • $261Average Assets, year-to-date
  • $99,511Average Assets, quarterly
  • $27,438Volatile liabilities
  • $111,073Insider loans
  • $113,370FHLB advances
  • $19,883Loans and leases held for sale
  • $1,949Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,507Total unused commitments
  • $0Restructured Loans and leases
  • $516Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $7,635Total interest income
  • $4,217Total interest expense
  • $3,418Net interest income
  • $0Provision for loan and lease losses
  • $753Total noninterest income
  • $0Fiduciary activities
  • $359Service charges on deposit accounts
  • $0Trading account gains & fees
  • $394Additional noninterest income
  • $3,080Total noninterest expense
  • $1,802Salaries and employee benefits
  • $413Premises and equipment expense
  • $865Additional noninterest expense
  • $1,091Pre-tax net operating income
  • $0Securities gains (losses)
  • $169Applicable income taxes
  • $922Income before extraordinary items
  • $0Extraordinary gains - net
  • $922Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $87Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.90%Yield on earning assets
  • 4.36%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.78%Noninterest income to earning assets
  • 3.19%Noninterest expense to earning assets
  • 0.83%Net operating income to assets
  • 0.83%Return on assets (ROA)
  • 0.98%Pretax return on assets
  • 10.09%Return on equity (ROE)
  • 9.14%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 136.38%Efficiency ratio
  • 73,843Assets per employee
  • 1.97%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.44%Loss allowance to loans
  • 0.71%Loss allowance to noncurrent loans
  • 97.91%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 0.73%Net loans and leases to deposits
  • 69.84%Net loans and leases to core deposits
  • 86.59%Equity capital to assets
  • 8.71%Core capital (leverage) ratio
  • 8.92%Tier 1 risk-based capital ratio
  • 14.30%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $111,073Average earning assets
  • $9,135Average equity
  • $96,673Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The First National Bank of Northern New York.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents