The National Union Bank of Kinderhook in Kinderhook, New York (NY)
| The National Union Bank of Kinderhook | |
|---|---|
| General | FDIC Certificate #: 7128 Status: Active Federal Reserve ID: 313401 Bank Holding Company (Regulatory Top Holder): Kinderhook Bank Corp. (RSSDID: 2589732, Location: Kinderhook, NY) Date Established: October 01, 1853 WWW: http://www.nubk.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Domestic: 6, Interstate: No) OTS Docket #: 16125 FDIC's unique #: 4735 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: June 02, 2010 Last Structure Change Process Date: June 02, 2010 Last Data Update: June 02, 2010 Data Source Date: April 05, 2012 |
| Location | Address: 1 Hudson Street, Kinderhook, NY 12106 County: Columbia 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 Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104) Core Based Statistical Area (CBSA): Hudson, NY (#26460) CBSA Micro Statistical Area: Yes |
| History of Changes | Change in Location |
| Financial Summary | Total assets: $262.9 mil Equity capital: $29.3 mil Deposits held in domestic offices: $231.0 mil Return on assets (ROA): 0.89% ($2.3 mil) Quarterly return on assets: 0.68% ($1.8 mil) Return on Equity (ROE): 9.30% ($2.7 mil) Quarterly return on equity: 6.07% ($1.8 mil) Net income: $2.3 mil Quarterly Net income: $0.4 mil Pretax return on assets: 1.21% ($3,180.5 mil) Quarterly Pretax return on assets: 0.84% ($2,208.0 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 63 |
| Total assets | $262,853 |
| Cash and due from depository institutions | $7,578 |
| Interest-bearing balances | $3,159 |
| Securities | $49,098 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $192,099 |
| Loan loss allowance | $2,019 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $5,811 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $0 |
| All other assets | $8,267 |
| Life insurance assets | $262,853 |
| Total liabilities and capital | $233,508 |
| Total liabilities | $230,996 |
| Total deposits | $200,508 |
| Interest-bearing deposits | $230,996 |
| Deposits held in domestic offices | $82 |
| % insured (estimated) | 889.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,623 |
| All other liabilities | $29,345 |
| Total equity capital | $29,288 |
| Total bank equity capital | $29,288 |
| Perpetual preferred stock | $0 |
| Common stock | $504 |
| Surplus | $14,500 |
| Undivided profits | $14,284 |
| Memoranda | |
| Noncurrent loans and leases | $57 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $339 |
| Income earned, not collected on loans | $1,506 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $916 |
| Average Assets, year-to-date | $244,356 |
| Average Assets, quarterly | $138,749 |
| Volatile liabilities | $256,141 |
| Insider loans | $261,206 |
| FHLB advances | $178,823 |
| Loans and leases held for sale | $261,526 |
| Unused loan commitments | $5,426 |
| Tier 1 (core) risk-based capital | $548 |
| Tier 2 risk-based capital | $28,177 |
| Total risk weighted assets | $0 |
| Total unused commitments | $4,878 |
| Restructured Loans and leases | $38,179 |
| Derivatives | $4,484 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $11,078 |
| Total interest expense | $1,593 |
| Net interest income | $9,485 |
| Provision for loan and lease losses | $435 |
| Total noninterest income | $1,628 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $386 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $1,242 |
| Total noninterest expense | $7,681 |
| Salaries and employee benefits | $4,429 |
| Premises and equipment expense | $1,054 |
| Additional noninterest expense | $2,198 |
| Pre-tax net operating income | $2,997 |
| Securities gains (losses) | $108 |
| Applicable income taxes | $828 |
| Income before extraordinary items | $2,277 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $2,277 |
| Net charge-offs | $0 |
| Cash dividends | $2,277 |
| Sale, conversion, retirement of capital stock, net | -$46 |
| Net operating income | $877 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.65% |
| Cost of funding earning assets | 0.67% |
| Net interest margin | 3.98% |
| Noninterest income to earning assets | 0.68% |
| Noninterest expense to earning assets | 3.22% |
| Net operating income to assets | 0.86% |
| Return on assets (ROA) | 0.89% |
| Pretax return on assets | 1.21% |
| Return on equity (ROE) | 9.30% |
| Retained earnings to average equity (YTD only) | 5.72% |
| Net charge-offs to loans | -0.03% |
| Credit loss provision to net charge-offs | -945.65% |
| Efficiency ratio | 0.00% |
| Assets per employee | $69,117 |
| Cash dividends to net income (YTD only) | 4.17% |
| Condition Ratios (%) | |
| Loss allowance to loans | 38.52% |
| Loss allowance to noncurrent loans | 1.04% |
| Noncurrent assets plus other real estate owned to assets | 134.06% |
| Noncurrent loans to loans | 0.57% |
| Net loans and leases to deposits | 0.78% |
| Net loans and leases to core deposits | 83.16% |
| Equity capital to assets | 87.38% |
| Core capital (leverage) ratio | 11.14% |
| Tier 1 risk-based capital ratio | 10.77% |
| Total risk-based capital ratio | 15.76% |
| Memoranda | |
| Average assets | $17 |
| Average earning assets | $256,141 |
| Average equity | $24,473 |
| Average loans | $238,389 |
| Bank Assets Sold and Securitized (December 31, 2011) (Dollar figures in thousands) | |
| Principal balance with servicing or other recourse retained | |
| 1-4 family residential loans | $71 |
| Home equity lines | $0 |
| Credit cards receivables | $0 |
| Auto loans | $0 |
| Other consumer loans | $0 |
| Commercial and industrial loans | $781 |
| All other loans and all leases | $4,675 |
| Recoveries on Assets Sold and Securitized (included in principal balance and YTD only) | |
| 1-4 family residential loans | $71 |
| Home equity lines | $0 |
| Credit cards receivables | $0 |
| Auto loans | $0 |
| Other consumer loans | $0 |
| Commercial and industrial loans | $0 |
| All other loans and all leases | $0 |
| Established by other institutions | |
| 1-4 family residential loans | $71 |
| Home equity lines | $0 |
| Credit cards receivables | $0 |
| Auto loans | $0 |
| Other consumer loans | $0 |
| Commercial and industrial loans | $0 |
| 6 New York Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 4735 | The National Union Bank Of Kinderhoo | 1 Hudson Street, Kinderhook, NY 12106 | October 01, 1853 | Full Service Brick and Mortar |  |
| 1 | 213921 | Valatie Branch | Route 9, Valatie, NY 12184 | July 15, 1966 | Full Service Brick and Mortar |  |
| 2 | 213922 | Chatham Branch | Main Street And Hudson Avenue And Park Row, Chatham, NY 12037 | Febuary 09, 1998 | Full Service Brick and Mortar | |
| 4 | 364815 | Greenport Branch | 96 Union Turnpike, Hudson, NY 12534 | October 16, 2001 | Full Service Brick and Mortar | |
| 5 | 463524 | The National Union Bank Of Kinderhoo | 1 Hudson Street, Kinderhook, NY 12106 | April 25, 2007 | Limited Service Messenger | |
| 6 | 469110 | East Greenbush Branch | 567 Columbia Turnpike, East Greenbush, NY 12061 | October 11, 2007 | Full Service Brick and Mortar | |
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