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

This bank is inactive as of August 12, 1994

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

  • General
  • FDIC Certificate #: 15961
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Anchor Savings Bank, FSB (#32071)
    Federal Reserve ID: 695808
    Date Established: June 30, 1866
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7408
    FDIC's unique #: 10192
    Numeric code: 44
    Regulator: OTS
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: August 12, 1994
    Last Structure Change Process Date: November 14, 1994
    Last Data Update: November 14, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 99 Park Avenue, 8th Floor, New York City, NY 10016
    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)
  • Financial Summary
  • Total assets: $2,093.6 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)
  • $498Total assets
  • $2,150,361Cash and due from depository institutions
  • $30,569Interest-bearing balances
  • $0Securities
  • $527,731Federal funds sold & reverse repurchase agreements
  • $155,450Net loans & leases
  • $1,225,657Loan loss allowance
  • $43,976Trading account assets
  • $0Bank premises and fixed assets
  • $25,123Other real estate owned
  • $28,062Goodwill and other intangibles
  • $97,391Life insurance assets
  • $60,378All other assets
  • $0Total liabilities and capital
  • $2,150,361Total liabilities
  • $2,024,942Total deposits
  • $1,911,244Interest-bearing deposits
  • $1,861,293Deposits held in domestic offices
  • 1911244.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $73,342Subordinated debt
  • $5,624All other liabilities
  • $34,732Total equity capital
  • $34,732Total bank equity capital
  • $125,419Perpetual preferred stock
  • $21,011Common stock
  • $0Surplus
  • $170,000Undivided profits
  • Memoranda
  • $-65,592Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $107,293Income earned, not collected on loans
  • $6,560Earning assets
  • $1,908,838Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,209,321Average Assets, quarterly
  • $2,162,000Volatile liabilities
  • $227,220Insider loans
  • $1,405FHLB advances
  • $29,365Loans and leases held for sale
  • $0Unused loan commitments
  • $47,449Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $100,081Total risk weighted assets
  • $1,256,977Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $128,764Total interest expense
  • $70,921Net interest income
  • $57,843Provision for loan and lease losses
  • -$4,794Total noninterest income
  • $10,678Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $10,678Total noninterest expense
  • $70,755Salaries and employee benefits
  • $21,373Premises and equipment expense
  • $11,054Additional noninterest expense
  • $38,328Pre-tax net operating income
  • $2,560Securities gains (losses)
  • $2,441Applicable income taxes
  • -$683Income before extraordinary items
  • $5,684Extraordinary gains - net
  • $0Net income attributable to bank
  • $5,684Net charge-offs
  • $12,119Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $21,011Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.67%Cost of funding earning assets
  • 3.67%Net interest margin
  • 3.00%Noninterest income to earning assets
  • 0.55%Noninterest expense to earning assets
  • 3.67%Net operating income to assets
  • 0.15%Return on assets (ROA)
  • 0.26%Pretax return on assets
  • 0.23%Return on equity (ROE)
  • 4.96%Retained earnings to average equity (YTD only)
  • 4.96%Net charge-offs to loans
  • 0.93%Credit loss provision to net charge-offs
  • -39.56%Efficiency ratio
  • 92,245Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.46%Loss allowance to noncurrent loans
  • 40.99%Noncurrent assets plus other real estate owned to assets
  • 6.29%Noncurrent loans to loans
  • 8.45%Net loans and leases to deposits
  • 64.13%Net loans and leases to core deposits
  • 69.74%Equity capital to assets
  • 5.83%Core capital (leverage) ratio
  • 4.78%Tier 1 risk-based capital ratio
  • 7.96%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $2,209,321Average earning assets
  • $114,597Average equity
  • $1,930,051Average loans
1
janiece doherty
⚠
My deceased husband, Joseph M. Doherty, had a life insurance policy with Lincoln Savings Bank in 1989 and 1990, Policy 03-0042762. In going through his papers I discovered this policy. Can you determine the status of it. I understand Lincoln no longer exists and is now a Chase bank which I have accounts.

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