The Greater New York Savings Bank in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1997

  • The Greater New York Savings Bank in New York City, New York (NY)
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The Greater New York Savings Bank - Overview

  • General
  • FDIC Certificate #: 16015
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Astoria Federal Savings and Loan Association (#29805)
    Federal Reserve ID: 42309
    Date Established: January 01, 1916
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 14 (Interstate: No)
    OTS Docket #: 7908
    FDIC's unique #: 10245
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: October 01, 1997
    Last Structure Change Process Date: December 29, 1997
    Last Data Update: January 28, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 451 Fifth Avenue, New York City, NY 11215
    County: Kings
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,353.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $570Total assets
  • $2,541,888Cash and due from depository institutions
  • $22,396Interest-bearing balances
  • $1,916Securities
  • $1,413,882Federal funds sold & reverse repurchase agreements
  • $5,750Net loans & leases
  • $941,486Loan loss allowance
  • $17,228Trading account assets
  • $0Bank premises and fixed assets
  • $38,400Other real estate owned
  • $11,898Goodwill and other intangibles
  • $107,909Life insurance assets
  • $167All other assets
  • $0Total liabilities and capital
  • $2,541,888Total liabilities
  • $2,332,240Total deposits
  • $1,680,831Interest-bearing deposits
  • $1,602,918Deposits held in domestic offices
  • 1680831.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $409,500Trading liabilities
  • $0Other borrowed funds
  • $230,884Subordinated debt
  • $0All other liabilities
  • $11,025Total equity capital
  • $11,025Total bank equity capital
  • $209,648Perpetual preferred stock
  • $52,418Common stock
  • $13,534Surplus
  • $125,881Undivided profits
  • Memoranda
  • $17,815Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $43,142Income earned, not collected on loans
  • $5,949Earning assets
  • $2,363,034Long-term assets (5+ years)
  • $503,240Average Assets, year-to-date
  • $2,561,606Average Assets, quarterly
  • $2,554,257Volatile liabilities
  • $482,265Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $498Unused loan commitments
  • $29,974Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $176,932Total risk weighted assets
  • $1,363,104Total unused commitments
  • $0Restructured Loans and leases
  • $120,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $177,903Total interest expense
  • $104,412Net interest income
  • $73,491Provision for loan and lease losses
  • $1,500Total noninterest income
  • $8,924Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,683Trading account gains & fees
  • $0Additional noninterest income
  • $6,241Total noninterest expense
  • $51,389Salaries and employee benefits
  • $23,650Premises and equipment expense
  • $9,117Additional noninterest expense
  • $18,622Pre-tax net operating income
  • $29,526Securities gains (losses)
  • $20Applicable income taxes
  • $11,047Income before extraordinary items
  • $18,499Extraordinary gains - net
  • $0Net income attributable to bank
  • $18,499Net charge-offs
  • $8,265Cash dividends
  • $7,885Sale, conversion, retirement of capital stock, net
  • $3,163Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.49%Cost of funding earning assets
  • 4.40%Net interest margin
  • 3.09%Noninterest income to earning assets
  • 0.38%Noninterest expense to earning assets
  • 2.16%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 0.72%Pretax return on assets
  • 1.15%Return on equity (ROE)
  • 9.17%Retained earnings to average equity (YTD only)
  • 5.26%Net charge-offs to loans
  • 0.80%Credit loss provision to net charge-offs
  • 18.15%Efficiency ratio
  • 62,282Assets per employee
  • 4.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 42.62%Loss allowance to loans
  • 1.80%Loss allowance to noncurrent loans
  • 39.93%Noncurrent assets plus other real estate owned to assets
  • 2.17%Noncurrent loans to loans
  • 4.50%Net loans and leases to deposits
  • 56.01%Net loans and leases to core deposits
  • 58.55%Equity capital to assets
  • 8.25%Core capital (leverage) ratio
  • 7.06%Tier 1 risk-based capital ratio
  • 12.98%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $2,561,606Average earning assets
  • $201,837Average equity
  • $2,374,774Average loans

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