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

This bank is inactive as of April 01, 2011

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

  • General
  • FDIC Certificate #: 15983
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Berkshire Bank (#23621)
    Federal Reserve ID: 641515
    Date Established: June 30, 1851
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 17970
    FDIC's unique #: 10214
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: April 01, 2011
    Last Structure Change Process Date: April 14, 2011
    Last Data Update: April 14, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 West Dominick Street, Rome, NY 13440
    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: $319.8 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, 2010)

  • Dollar figures in thousands
  • 94Total employees (full-time equivalent)
  • $327,612Total assets
  • $6,690Cash and due from depository institutions
  • $974Interest-bearing balances
  • $14,128Securities
  • $12,124Federal funds sold & reverse repurchase agreements
  • $266,857Net loans & leases
  • $2,490Loan loss allowance
  • $0Trading account assets
  • $5,814Bank premises and fixed assets
  • $0Other real estate owned
  • $270Goodwill and other intangibles
  • $9,812Life insurance assets
  • $21,729All other assets
  • $327,612Total liabilities and capital
  • $271,139Total liabilities
  • $227,061Total deposits
  • $192,559Interest-bearing deposits
  • $227,061Deposits held in domestic offices
  • 83.39%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $35,661Other borrowed funds
  • $0Subordinated debt
  • $8,417All other liabilities
  • $56,473Total equity capital
  • $56,473Total bank equity capital
  • $56,402Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $31,009Undivided profits
  • Memoranda
  • $25,393Noncurrent loans and leases
  • $31,202Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $71Income earned, not collected on loans
  • $3,038Earning assets
  • $0Long-term assets (5+ years)
  • $1,100Average Assets, year-to-date
  • $294,083Average Assets, quarterly
  • $0Volatile liabilities
  • $329,472Insider loans
  • $329,656FHLB advances
  • $54,351Loans and leases held for sale
  • $417Unused loan commitments
  • $35,661Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $31,202Total unused commitments
  • $0Restructured Loans and leases
  • $2,490Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $16,617Total interest income
  • $3,165Total interest expense
  • $13,452Net interest income
  • $1,796Provision for loan and lease losses
  • $3,216Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,216Additional noninterest income
  • $10,413Total noninterest expense
  • $6,343Salaries and employee benefits
  • $1,930Premises and equipment expense
  • $2,140Additional noninterest expense
  • $4,459Pre-tax net operating income
  • $37Securities gains (losses)
  • $1,102Applicable income taxes
  • $3,394Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,394Net income attributable to bank
  • $0Net charge-offs
  • $3,394Cash dividends
  • $1,439Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.60%Yield on earning assets
  • 1.07%Cost of funding earning assets
  • 4.54%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 1.02%Net operating income to assets
  • 1.03%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 6.19%Return on equity (ROE)
  • 6.19%Retained earnings to average equity (YTD only)
  • 0.51%Net charge-offs to loans
  • 124.81%Credit loss provision to net charge-offs
  • 4.35%Efficiency ratio
  • 62,473Assets per employee
  • 3.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 81.96%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.13%Net loans and leases to deposits
  • 117.53%Net loans and leases to core deposits
  • 128.07%Equity capital to assets
  • 17.22%Core capital (leverage) ratio
  • 17.57%Tier 1 risk-based capital ratio
  • 24.36%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $329,472Average earning assets
  • $54,806Average equity
  • $296,560Average loans

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