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

This bank is inactive as of October 01, 2004

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

The Warwick Savings Bank - Overview

  • General
  • FDIC Certificate #: 15988
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Provident Bank (#30337)
    Federal Reserve ID: 588517
    Date Established: January 01, 1875
    Bank Charter Class: Savings banks, state charter, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 12905
    FDIC's unique #: 10219
    Numeric code: 41
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: July 01, 1943
    Last Structure Change Effective Date: October 01, 2004
    Last Structure Change Process Date: January 13, 2005
    Last Data Update: January 13, 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: $667.2 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, 2003)

  • Dollar figures in thousands
  • 123Total employees (full-time equivalent)
  • $714,207Total assets
  • $53,888Cash and due from depository institutions
  • $37,467Interest-bearing balances
  • $337,676Securities
  • $2,805Federal funds sold & reverse repurchase agreements
  • $279,196Net loans & leases
  • $4,480Loan loss allowance
  • $0Trading account assets
  • $8,366Bank premises and fixed assets
  • $505Other real estate owned
  • $1,517Goodwill and other intangibles
  • $0Life insurance assets
  • $30,254All other assets
  • $714,207Total liabilities and capital
  • $657,285Total liabilities
  • $462,962Total deposits
  • $431,875Interest-bearing deposits
  • $462,962Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $19,895Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $166,667Other borrowed funds
  • $0Subordinated debt
  • $7,761All other liabilities
  • $56,922Total equity capital
  • $56,922Total bank equity capital
  • $56,922Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $38,525Undivided profits
  • Memoranda
  • $18,397Noncurrent loans and leases
  • $68,628Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,211Earning assets
  • $0Long-term assets (5+ years)
  • $2,987Average Assets, year-to-date
  • $657,144Average Assets, quarterly
  • $326,225Volatile liabilities
  • $747,849Insider loans
  • $719,372FHLB advances
  • $43,392Loans and leases held for sale
  • $191Unused loan commitments
  • $163,600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $445Total risk weighted assets
  • $68,628Total unused commitments
  • $0Restructured Loans and leases
  • $4,396Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $36,644Total interest income
  • $17,053Total interest expense
  • $19,591Net interest income
  • $65Provision for loan and lease losses
  • $4,629Total noninterest income
  • $0Fiduciary activities
  • $1,954Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,675Additional noninterest income
  • $15,559Total noninterest expense
  • $8,741Salaries and employee benefits
  • $1,703Premises and equipment expense
  • $5,115Additional noninterest expense
  • $8,596Pre-tax net operating income
  • $339Securities gains (losses)
  • $3,229Applicable income taxes
  • $5,706Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,706Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $95Sale, conversion, retirement of capital stock, net
  • $12,900Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.31%Yield on earning assets
  • 2.47%Cost of funding earning assets
  • 2.84%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.26%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.19%Pretax return on assets
  • 9.41%Return on equity (ROE)
  • -11.87%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 68.42%Credit loss provision to net charge-offs
  • 91.17%Efficiency ratio
  • 63,386Assets per employee
  • 5.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 226.08%Loss allowance to loans
  • 1.58%Loss allowance to noncurrent loans
  • 202.62%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.78%Net loans and leases to deposits
  • 60.31%Net loans and leases to core deposits
  • 61.91%Equity capital to assets
  • 7.97%Core capital (leverage) ratio
  • 7.77%Tier 1 risk-based capital ratio
  • 15.81%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $747,849Average earning assets
  • $60,616Average equity
  • $689,666Average 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 Savings Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents