The Suffolk County National Bank of Riverhead in Riverhead, New York (NY)
Other nearby banks:
Show street view
No street view available for this location
The Suffolk County National Bank of Riverhead routing number info
Table of contents:
| The Suffolk County National Bank of Riverhead | |
|---|---|
| General | FDIC Certificate #: 7278 Status: Active Federal Reserve ID: 799612 Bank Holding Company (Regulatory Top Holder): Suffolk Bancorp (RSSDID: 1130865, Location: Riverhead, NY) Date Established: January 06, 1890 WWW: http://www.scnb.com 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: 30 (Domestic: 30, Interstate: No) OTS Docket #: 15878 FDIC's unique #: 4782 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: January 03, 2012 Last Structure Change Process Date: January 10, 2012 Last Data Update: January 10, 2012 Data Source Date: April 05, 2012 |
| Location | Address: 6 West 2nd Street, Riverhead, NY 11901 County: Suffolk 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): Nassau-Suffolk, NY (#5380) 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: Nassau-Suffolk, NY (#35004) |
| Financial Summary | Total assets: $1,483.9 mil Equity capital: $135.9 mil Deposits held in domestic offices: $1,312.3 mil Return on assets (ROA): 0.02% ($0.3 mil) Quarterly return on assets: 0.33% ($4.9 mil) Return on Equity (ROE): 0.21% ($0.3 mil) Quarterly return on equity: 3.65% ($5.0 mil) Net income: $0.3 mil Quarterly Net income: $1.3 mil Pretax return on assets: -0.25% (-$3,709.7 mil) Quarterly Pretax return on assets: 0.42% ($6,232.4 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 368 |
| Total assets | $1,483,894 |
| Cash and due from depository institutions | $172,559 |
| Interest-bearing balances | $117,224 |
| Securities | $308,597 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $929,697 |
| Loan loss allowance | $39,958 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $27,984 |
| Other real estate owned | $1,800 |
| Goodwill and other intangibles | $2,437 |
| All other assets | $40,820 |
| Life insurance assets | $1,483,894 |
| Total liabilities and capital | $1,347,952 |
| Total liabilities | $1,312,278 |
| Total deposits | $786,493 |
| Interest-bearing deposits | $1,312,278 |
| Deposits held in domestic offices | $83 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $0 |
| Subordinated debt | $35,674 |
| All other liabilities | $135,942 |
| Total equity capital | $135,942 |
| Total bank equity capital | $135,942 |
| Perpetual preferred stock | $0 |
| Common stock | $2,333 |
| Surplus | $21,391 |
| Undivided profits | $112,218 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $775 |
| Income earned, not collected on loans | $80,760 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $6,885 |
| Average Assets, year-to-date | $1,355,518 |
| Average Assets, quarterly | $261,044 |
| Volatile liabilities | $1,560,331 |
| Insider loans | $1,503,188 |
| FHLB advances | $1,034,816 |
| Loans and leases held for sale | $1,518,146 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $133,716 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $118,123 |
| Derivatives | $25,944 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $75,488 |
| Total interest expense | $5,925 |
| Net interest income | $69,563 |
| Provision for loan and lease losses | $24,888 |
| Total noninterest income | $9,434 |
| Fiduciary activities | $853 |
| Service charges on deposit accounts | $3,882 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $4,699 |
| Total noninterest expense | $58,644 |
| Salaries and employee benefits | $30,914 |
| Premises and equipment expense | $7,734 |
| Additional noninterest expense | $19,996 |
| Pre-tax net operating income | -$4,535 |
| Securities gains (losses) | $597 |
| Applicable income taxes | -$4,223 |
| Income before extraordinary items | $285 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $285 |
| Net charge-offs | $0 |
| Cash dividends | $285 |
| Sale, conversion, retirement of capital stock, net | $13,298 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.21% |
| Cost of funding earning assets | 0.41% |
| Net interest margin | 4.80% |
| Noninterest income to earning assets | 0.65% |
| Noninterest expense to earning assets | 4.05% |
| Net operating income to assets | -0.01% |
| Return on assets (ROA) | 0.02% |
| Pretax return on assets | -0.25% |
| Return on equity (ROE) | 0.21% |
| Retained earnings to average equity (YTD only) | 0.21% |
| Net charge-offs to loans | 1.27% |
| Credit loss provision to net charge-offs | 187.16% |
| Efficiency ratio | 1.53% |
| Assets per employee | $74,218 |
| Cash dividends to net income (YTD only) | 4.03% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 4.12% |
| Noncurrent assets plus other real estate owned to assets | 49.48% |
| Noncurrent loans to loans | 5.56% |
| Net loans and leases to deposits | 8.33% |
| Net loans and leases to core deposits | 70.85% |
| Equity capital to assets | 76.99% |
| Core capital (leverage) ratio | 9.16% |
| Tier 1 risk-based capital ratio | 8.81% |
| Total risk-based capital ratio | 12.92% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $1,560,331 |
| Average equity | $134,855 |
| Average loans | $1,449,629 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $149,241 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $129,175 |
| Employee benefit-defined contribution accounts | $50,917 |
| Employee benefit-defined benefit accounts | $6,297 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $10,794 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $61,056 |
| Fiduciary accounts held in foreign offices | $111 |
| Non-managed Assets | $0 |
| Number of Accounts | 256 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $10,794 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $20,066 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $1,627 |
| Fiduciary accounts held in foreign offices | $7,276 |
| 30 New York Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 4782 | The Suffolk County National Bank Of | 6 West 2nd Street, Riverhead, NY 11901 | January 06, 1890 | Full Service Brick and Mortar |  |
| 1 | 214936 | Wading River Branch | 2065 Wading River-Manor Road, Wading River, NY 11792 | June 03, 1967 | Full Service Brick and Mortar |  |
| 2 | 214937 | Hampton Bays Branch | 168 West Montauk Highway, Hampton Bays, NY 11946 | April 04, 1970 | Full Service Brick and Mortar | |
| 3 | 214938 | Westhampton Beach Branch | 144 Sunset Avenue, Westhampton Beach, NY 11978 | March 25, 1972 | Full Service Brick and Mortar | |
| 4 | 214939 | Ostrander Branch | 1201 Ostrander Avenue, Riverhead, NY 11901 | March 23, 1974 | Full Service Brick and Mortar | |
| 5 | 214940 | Cutchogue Branch | 31525 Main Road, Cutchogue, NY 11935 | September 26, 1983 | Full Service Brick and Mortar | |
| 6 | 214941 | Center Moriches Branch | 502 Montauk Highway, Center Moriches, NY 11934 | May 28, 1985 | Full Service Brick and Mortar | |
| 7 | 214942 | Mattituck Branch | 10900 Main Road, Mattituck, NY 11952 | October 23, 1987 | Full Service Brick and Mortar | |
| 8 | 214943 | Medford Branch | 2801 Route 112 - Suite B, Medford, NY 11763 | October 05, 1987 | Full Service Brick and Mortar | |
| 9 | 213827 | Port Jefferson Branch | 228 East Main Street, Port Jefferson, NY 11777 | November 07, 1955 | Full Service Brick and Mortar | |
| 10 | 214944 | Port Jefferson Village Harbor Branch | 135 West Broadway, Port Jefferson, NY 11777 | December 06, 1990 | Full Service Brick and Mortar | |
| 11 | 214945 | Shoreham Branch | 9926 Route 25a, Shoreham, NY 11786 | June 15, 1991 | Full Service Brick and Mortar | |
| 12 | 13147 | East Hampton Branch | 351 Pantigo Road, East Hampton, NY 11937 | January 04, 1965 | Full Service Brick and Mortar | |
| 13 | 247955 | Montauk Branch | 746 Montauk Highway, Montauk, NY 11954 | June 29, 1968 | Full Service Brick and Mortar | |
| 14 | 247956 | Sag Harbor Branch | 17 Main Street, Sag Harbor, NY 11963 | September 12, 1970 | Full Service Brick and Mortar | |
| 15 | 247957 | Water Mill Branch | 828 Montauk Highway, Water Mill, NY 11976 | August 05, 1972 | Full Service Brick and Mortar | |
| 16 | 247958 | Southampton Branch | 295 North Sea Road, Southampton, NY 11968 | June 02, 1973 | Full Service Brick and Mortar | |
| 17 | 247959 | East Hampton Village Branch | 99 Newtown Lane, East Hampton, NY 11937 | July 12, 1975 | Full Service Brick and Mortar | |
| 18 | 247960 | Montauk Dock Branch | 541 West Lake Drive, Montauk, NY 11954 | June 09, 1986 | Full Service Brick and Mortar | |
| 19 | 247961 | Bohemia Branch | 3880 Veterans Memorial Highway, Bohemia, NY 11716 | June 04, 1990 | Full Service Brick and Mortar | |
| 21 | 214946 | Miller Place Branch | 159 Route 25a Unit 21, Miller Place, NY 11764 | Febuary 06, 1995 | Full Service Brick and Mortar | |
| 22 | 214947 | West Babylon Branch | 955 Little East Neck Road, West Babylon, NY 11704 | December 23, 1996 | Full Service Brick and Mortar | |
| 24 | 214949 | Smithtown Branch | 222 Middle Country Rd Ste 108, Smithtown, NY 11787 | April 21, 1997 | Full Service Brick and Mortar | |
| 25 | 214950 | Sayville Branch | 161 North Main Street, Sayville, NY 11782 | June 08, 1998 | Full Service Brick and Mortar | |
| 26 | 365367 | Manorville Branch | 460 County Road 111 Ste 18, Manorville, NY 11949 | June 17, 2002 | Full Service Brick and Mortar | |
| 28 | 419967 | Hauppauge Branch | 110 Marcus Boulevard, Hauppauge, NY 11788 | May 22, 2003 | Full Service Brick and Mortar | |
| 29 | 447192 | Deer Park Branch | 21 East Industry Court, Suite 4, Deer Park, NY 11729 | December 12, 2005 | Full Service Brick and Mortar | |
| 30 | 476952 | Port Jefferson Station Branch | 1500 Route 112, Building 10, Port Jefferson Station, NY 11776 | May 01, 2008 | Full Service Brick and Mortar | |
| 31 | 476954 | Middle Island Branch | 900 Middle Country Road, Middle Island, NY 11953 | April 14, 2008 | Full Service Brick and Mortar | |
| 32 | 514531 | Amityville | 400 Merrick Road, Amityville, NY 11701 | November 01, 2010 | Full Service Brick and Mortar | |
User Contributions:
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with The Suffolk County National Bank of Riverhead.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.