FDIC Certificate #: 29473 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Cayuga Bank (#15956) Federal Reserve ID: 561677 Date Established: January 01, 1884 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 3511 FDIC's unique #: 42307 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: June 19, 1942 Last Structure Change Effective Date: November 03, 2000 Last Structure Change Process Date: December 05, 2000 Last Data Update: December 05, 2000 Data Source Date: April 05, 2012
Location
Address: 283 Genesee Street, Utica, NY 13501 County: Oneida 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 Metropolitan Statistical Area (MSA): Utica-Rome, NY (#8680) Core Based Statistical Area (CBSA): Utica-Rome, NY (#46540) CBSA Metro Statistical Area: Utica-Rome, NY (#46540)
Financial Summary
Total assets: $124.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
40Total employees (full-time equivalent)
$128,207Total assets
$5,430Cash and due from depository institutions
$2,814Interest-bearing balances
$14,398Securities
$0Federal funds sold & reverse repurchase agreements
$102,320Net loans & leases
$170Loan loss allowance
$0Trading account assets
$2,627Bank premises and fixed assets
$79Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,353All other assets
$128,207Total liabilities and capital
$121,013Total liabilities
$93,089Total deposits
$89,650Interest-bearing deposits
$93,089Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$27,500Other borrowed funds
$0Subordinated debt
$424All other liabilities
$7,194Total equity capital
$7,194Total bank equity capital
$7,194Perpetual preferred stock
$0Common stock
$0Surplus
$2,340Undivided profits
Memoranda
$4,854Noncurrent loans and leases
$9,435Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$876Earning assets
$0Long-term assets (5+ years)
$527Average Assets, year-to-date
$119,532Average Assets, quarterly
$0Volatile liabilities
$121,896Insider loans
$127,044FHLB advances
$39,258Loans and leases held for sale
$165Unused loan commitments
$27,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,435Total unused commitments
$489Restructured Loans and leases
$170Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$8,621Total interest income
$4,766Total interest expense
$3,855Net interest income
$187Provision for loan and lease losses
$447Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$447Additional noninterest income
$3,227Total noninterest expense
$1,418Salaries and employee benefits
$669Premises and equipment expense
$1,140Additional noninterest expense
$888Pre-tax net operating income
$3Securities gains (losses)
$342Applicable income taxes
$549Income before extraordinary items
$0Extraordinary gains - net
$549Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$177Sale, conversion, retirement of capital stock, net
$290Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.44%Yield on earning assets
4.11%Cost of funding earning assets
3.33%Net interest margin
0.39%Noninterest income to earning assets
2.79%Noninterest expense to earning assets
0.45%Net operating income to assets
0.45%Return on assets (ROA)
0.73%Pretax return on assets
7.70%Return on equity (ROE)
3.63%Retained earnings to average equity (YTD only)
0.18%Net charge-offs to loans
105.65%Credit loss provision to net charge-offs
6.07%Efficiency ratio
75,012Assets per employee
3.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
52.82%Loss allowance to loans
0.17%Loss allowance to noncurrent loans
19.41%Noncurrent assets plus other real estate owned to assets
0.74%Noncurrent loans to loans
0.85%Net loans and leases to deposits
109.92%Net loans and leases to core deposits
125.81%Equity capital to assets
5.61%Core capital (leverage) ratio
5.69%Tier 1 risk-based capital ratio
10.38%Total risk-based capital ratio
Memoranda
$11Average assets
$121,896Average earning assets
$7,133Average equity
$115,847Average loans
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