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


  • The Suffolk County National Bank of Riverhead in Riverhead, New York (NY)
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The Suffolk County National Bank of Riverhead - Overview

  • 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)

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
  • 368Total employees (full-time equivalent)
  • $1,483,894Total assets
  • $172,559Cash and due from depository institutions
  • $117,224Interest-bearing balances
  • $308,597Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $929,697Net loans & leases
  • $39,958Loan loss allowance
  • $0Trading account assets
  • $27,984Bank premises and fixed assets
  • $1,800Other real estate owned
  • $2,437Goodwill and other intangibles
  • $1,483,894Life insurance assets
  • $40,820All other assets
  • $1,347,952Total liabilities and capital
  • $1,312,278Total liabilities
  • $786,493Total deposits
  • $1,312,278Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $35,674Subordinated debt
  • $135,942All other liabilities
  • $135,942Total equity capital
  • $135,942Total bank equity capital
  • $0Perpetual preferred stock
  • $2,333Common stock
  • $21,391Surplus
  • $112,218Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $775Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $80,760Income earned, not collected on loans
  • $0Earning assets
  • $6,885Long-term assets (5+ years)
  • $1,355,518Average Assets, year-to-date
  • $261,044Average Assets, quarterly
  • $1,560,331Volatile liabilities
  • $1,503,188Insider loans
  • $1,034,816FHLB advances
  • $1,518,146Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $133,716Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $118,123Restructured Loans and leases
  • $25,944Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $75,488Total interest income
  • $5,925Total interest expense
  • $69,563Net interest income
  • $24,888Provision for loan and lease losses
  • $9,434Total noninterest income
  • $853Fiduciary activities
  • $3,882Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,699Additional noninterest income
  • $58,644Total noninterest expense
  • $30,914Salaries and employee benefits
  • $7,734Premises and equipment expense
  • $19,996Additional noninterest expense
  • -$4,535Pre-tax net operating income
  • $597Securities gains (losses)
  • -$4,223Applicable income taxes
  • $285Income before extraordinary items
  • $0Extraordinary gains - net
  • $285Net income attributable to bank
  • $0Net charge-offs
  • $285Cash dividends
  • $13,298Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 0.41%Cost of funding earning assets
  • 4.80%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 4.05%Noninterest expense to earning assets
  • -0.01%Net operating income to assets
  • 0.02%Return on assets (ROA)
  • -0.25%Pretax return on assets
  • 0.21%Return on equity (ROE)
  • 0.21%Retained earnings to average equity (YTD only)
  • 1.27%Net charge-offs to loans
  • 187.16%Credit loss provision to net charge-offs
  • 1.53%Efficiency ratio
  • 74,218Assets per employee
  • 4.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.12%Loss allowance to noncurrent loans
  • 49.48%Noncurrent assets plus other real estate owned to assets
  • 5.56%Noncurrent loans to loans
  • 8.33%Net loans and leases to deposits
  • 70.85%Net loans and leases to core deposits
  • 76.99%Equity capital to assets
  • 9.16%Core capital (leverage) ratio
  • 8.81%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,560,331Average earning assets
  • $134,855Average equity
  • $1,449,629Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $149,241Managed Assets
  • 1Number of Accounts
  • $129,175Personal trust and agency accounts
  • $50,917Employee benefit-defined contribution accounts
  • $6,297Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $10,794Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $61,056Other fiduciary accounts
  • $111Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 256Number of Accounts
  • $0Personal trust and agency accounts
  • $10,794Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $20,066Other retirement accounts
  • $0Corporate trust and agency accounts
  • $1,627Other fiduciary accounts
  • $7,276Fiduciary accounts held in foreign offices

List of branches

  • 30 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    04782The Suffolk County National Bank Of6 West 2nd Street, Riverhead, NY 11901January 06, 1890Full Service Brick and Mortar
    1214936Wading River Branch2065 Wading River-Manor Road, Wading River, NY 11792June 03, 1967Full Service Brick and Mortar
    2214937Hampton Bays Branch168 West Montauk Highway, Hampton Bays, NY 11946April 04, 1970Full Service Brick and Mortar
    3214938Westhampton Beach Branch144 Sunset Avenue, Westhampton Beach, NY 11978March 25, 1972Full Service Brick and Mortar
    4214939Ostrander Branch1201 Ostrander Avenue, Riverhead, NY 11901March 23, 1974Full Service Brick and Mortar
    5214940Cutchogue Branch31525 Main Road, Cutchogue, NY 11935September 26, 1983Full Service Brick and Mortar
    6214941Center Moriches Branch502 Montauk Highway, Center Moriches, NY 11934May 28, 1985Full Service Brick and Mortar
    7214942Mattituck Branch10900 Main Road, Mattituck, NY 11952October 23, 1987Full Service Brick and Mortar
    8214943Medford Branch2801 Route 112 - Suite B, Medford, NY 11763October 05, 1987Full Service Brick and Mortar
    9213827Port Jefferson Branch228 East Main Street, Port Jefferson, NY 11777November 07, 1955Full Service Brick and Mortar
    10214944Port Jefferson Village Harbor Branch135 West Broadway, Port Jefferson, NY 11777December 06, 1990Full Service Brick and Mortar
    11214945Shoreham Branch9926 Route 25a, Shoreham, NY 11786June 15, 1991Full Service Brick and Mortar
    1213147East Hampton Branch351 Pantigo Road, East Hampton, NY 11937January 04, 1965Full Service Brick and Mortar
    13247955Montauk Branch746 Montauk Highway, Montauk, NY 11954June 29, 1968Full Service Brick and Mortar
    14247956Sag Harbor Branch17 Main Street, Sag Harbor, NY 11963September 12, 1970Full Service Brick and Mortar
    15247957Water Mill Branch828 Montauk Highway, Water Mill, NY 11976August 05, 1972Full Service Brick and Mortar
    16247958Southampton Branch295 North Sea Road, Southampton, NY 11968June 02, 1973Full Service Brick and Mortar
    17247959East Hampton Village Branch99 Newtown Lane, East Hampton, NY 11937July 12, 1975Full Service Brick and Mortar
    18247960Montauk Dock Branch541 West Lake Drive, Montauk, NY 11954June 09, 1986Full Service Brick and Mortar
    19247961Bohemia Branch3880 Veterans Memorial Highway, Bohemia, NY 11716June 04, 1990Full Service Brick and Mortar
    21214946Miller Place Branch159 Route 25a Unit 21, Miller Place, NY 11764Febuary 06, 1995Full Service Brick and Mortar
    22214947West Babylon Branch955 Little East Neck Road, West Babylon, NY 11704December 23, 1996Full Service Brick and Mortar
    24214949Smithtown Branch222 Middle Country Rd Ste 108, Smithtown, NY 11787April 21, 1997Full Service Brick and Mortar
    25214950Sayville Branch161 North Main Street, Sayville, NY 11782June 08, 1998Full Service Brick and Mortar
    26365367Manorville Branch460 County Road 111 Ste 18, Manorville, NY 11949June 17, 2002Full Service Brick and Mortar
    28419967Hauppauge Branch110 Marcus Boulevard, Hauppauge, NY 11788May 22, 2003Full Service Brick and Mortar
    29447192Deer Park Branch21 East Industry Court, Suite 4, Deer Park, NY 11729December 12, 2005Full Service Brick and Mortar
    30476952Port Jefferson Station Branch1500 Route 112, Building 10, Port Jefferson Station, NY 11776May 01, 2008Full Service Brick and Mortar
    31476954Middle Island Branch900 Middle Country Road, Middle Island, NY 11953April 14, 2008Full Service Brick and Mortar
    32514531Amityville400 Merrick Road, Amityville, NY 11701November 01, 2010Full Service Brick and Mortar

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