The Putnam County National Bank of Carmel in Carmel, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Putnam County National Bank of Carmel in Carmel, New York (NY)
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The Putnam County National Bank of Carmel - Overview

  • General
  • FDIC Certificate #: 6990
    Status: Active
    Federal Reserve ID: 287007
    Date Established: January 01, 1865
    Trust Powers Granted: Yes
    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)
    FDIC's unique #: 4680
    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: 43 Gleneida Avenue, Carmel, NY 10512
    County: Putnam
    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
  • Change in Location
  • Financial Summary
  • Total assets: $160.4 mil
    Equity capital: $41.5 mil
    Deposits held in domestic offices: $118.1 mil
    Return on assets (ROA): 0.27% ($0.4 mil)
    Quarterly return on assets: 0.13% ($0.2 mil)
    Return on Equity (ROE): 1.09% ($0.5 mil)
    Quarterly return on equity: 0.51% ($0.2 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.46% ($737.7 mil)
    Quarterly Pretax return on assets: 0.22% ($352.8 mil)

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

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $160,359Total assets
  • $33,267Cash and due from depository institutions
  • $30,770Interest-bearing balances
  • $24,405Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $92,493Net loans & leases
  • $1,074Loan loss allowance
  • $0Trading account assets
  • $2,036Bank premises and fixed assets
  • $4,076Other real estate owned
  • $0Goodwill and other intangibles
  • $160,359Life insurance assets
  • $4,082All other assets
  • $118,853Total liabilities and capital
  • $118,118Total liabilities
  • $94,926Total deposits
  • $118,118Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $735Subordinated debt
  • $41,506All other liabilities
  • $41,506Total equity capital
  • $41,506Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $1,000Surplus
  • $39,506Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,934Income earned, not collected on loans
  • $0Earning assets
  • $692Long-term assets (5+ years)
  • $147,668Average Assets, year-to-date
  • $4,406Average Assets, quarterly
  • $164,356Volatile liabilities
  • $162,222Insider loans
  • $89,581FHLB advances
  • $161,888Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,490Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $852Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,087Total interest income
  • $706Total interest expense
  • $5,381Net interest income
  • $427Provision for loan and lease losses
  • $275Total noninterest income
  • $0Fiduciary activities
  • $161Service charges on deposit accounts
  • $0Trading account gains & fees
  • $114Additional noninterest income
  • $4,475Total noninterest expense
  • $2,227Salaries and employee benefits
  • $697Premises and equipment expense
  • $1,551Additional noninterest expense
  • $754Pre-tax net operating income
  • $0Securities gains (losses)
  • $303Applicable income taxes
  • $451Income before extraordinary items
  • $0Extraordinary gains - net
  • $451Net income attributable to bank
  • $0Net charge-offs
  • $451Cash dividends
  • $1,020Sale, conversion, retirement of capital stock, net
  • $400Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.00%Yield on earning assets
  • 0.46%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.46%Pretax return on assets
  • 1.09%Return on equity (ROE)
  • 0.12%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 41.86%Credit loss provision to net charge-offs
  • 1.16%Efficiency ratio
  • 79,120Assets per employee
  • 4.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.69%Loss allowance to loans
  • 1.15%Loss allowance to noncurrent loans
  • 21.77%Noncurrent assets plus other real estate owned to assets
  • 5.62%Noncurrent loans to loans
  • 5.27%Net loans and leases to deposits
  • 78.31%Net loans and leases to core deposits
  • 80.81%Equity capital to assets
  • 25.88%Core capital (leverage) ratio
  • 25.01%Tier 1 risk-based capital ratio
  • 45.20%Total risk-based capital ratio
  • Memoranda
  • $46Average assets
  • $164,356Average earning assets
  • $41,409Average equity
  • $152,198Average loans

List of branches

  • 6 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04680The Putnam County National Bank Of C43 Gleneida Avenue, Carmel, NY 10512January 01, 1865Full Service Brick and Mortar
    1213323Lake Carmel Office497 Route 52, Carmel, NY 10512December 13, 1967Full Service Brick and Mortar
    2213324Putnam Plaza Office1872 Route 6, Carmel, NY 10512June 23, 1971Full Service Brick and Mortar
    3213325Croton Falls Office12 Front Street, Croton Falls, NY 10519July 24, 1972Full Service Brick and Mortar
    4213326Patterson Office3061 Route 22, Patterson, NY 12563September 07, 1973Full Service Brick and Mortar
    5213327Putnam Lake Office89 Haviland Drive, Patterson, NY 12563October 05, 1979Full Service Brick and Mortar

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