The Warwick Commercial Bank in Warwick, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 02, 2004

  • The Warwick Commercial Bank in Warwick, New York (NY)
  • Show street view No street view available for this location

The Warwick Commercial Bank - Overview

  • General
  • FDIC Certificate #: 57202
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Provident Municipal Bank (#57339)
    Federal Reserve ID: 3032301
    Date Established: June 18, 2001
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 359432
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 18, 2001
    Last Structure Change Effective Date: October 02, 2004
    Last Structure Change Process Date: January 25, 2005
    Last Data Update: January 25, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 18 Oakland Avenue, Warwick, NY 10990
    County: Orange
    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): Newburgh, NY-PA (#5660)
    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): Poughkeepsie-Newburgh-Middletown, NY (#39100)
    CBSA Metro Statistical Area: Poughkeepsie-Newburgh-Middletown, NY (#39100)
  • Financial Summary
  • Total assets: $11.1 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, 2003)

  • Dollar figures in thousands
  • 1Total employees (full-time equivalent)
  • $18,228Total assets
  • $799Cash and due from depository institutions
  • $331Interest-bearing balances
  • $17,228Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $201All other assets
  • $18,228Total liabilities and capital
  • $14,928Total liabilities
  • $13,095Total deposits
  • $12,625Interest-bearing deposits
  • $13,095Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,815Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $18All other liabilities
  • $3,300Total equity capital
  • $3,300Total bank equity capital
  • $3,300Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $300Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $195Average Assets, year-to-date
  • $17,559Average Assets, quarterly
  • $8,724Volatile liabilities
  • $24,840Insider loans
  • $19,044FHLB advances
  • $2,467Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $604Total interest income
  • $215Total interest expense
  • $389Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $127Total noninterest expense
  • $36Salaries and employee benefits
  • $2Premises and equipment expense
  • $89Additional noninterest expense
  • $262Pre-tax net operating income
  • $0Securities gains (losses)
  • $91Applicable income taxes
  • $171Income before extraordinary items
  • $0Extraordinary gains - net
  • $171Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.57%Yield on earning assets
  • 0.92%Cost of funding earning assets
  • 1.66%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 0.54%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.69%Return on assets (ROA)
  • 1.05%Pretax return on assets
  • 5.25%Return on equity (ROE)
  • 5.25%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 32,648Assets per employee
  • 18.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 18.10%Core capital (leverage) ratio
  • 17.41%Tier 1 risk-based capital ratio
  • 87.78%Total risk-based capital ratio
  • Memoranda
  • $88Average assets
  • $24,840Average earning assets
  • $3,258Average equity
  • $23,463Average loans

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 Warwick Commercial Bank.
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.
Table of Contents