USNY Bank in Geneva, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

USNY Bank - Overview

  • General
  • FDIC Certificate #: 58541
    Status: Active
    Federal Reserve ID: 3620922
    Date Established: July 31, 2007
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 455787
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Agricultural lending institution: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Agricultural Specialization
    Date of Deposit Insurance: July 31, 2007
    Last Structure Change Effective Date: July 31, 2007
    Last Structure Change Process Date: August 01, 2007
    Last Data Update: August 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 389 Hamilton Street, Geneva, NY 14456
    County: Ontario
    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): Rochester, NY (#6840)
    Combined Statistical Area (CSA): Rochester-Batavia-Seneca Falls, NY (#464)
    Core Based Statistical Area (CBSA): Rochester, NY (#40380)
    CBSA Metro Statistical Area: Rochester, NY (#40380)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
    New Institution
  • Financial Summary
  • Total assets: $109.5 mil
    Equity capital: $10.7 mil
    Deposits held in domestic offices: $97.0 mil
    Return on assets (ROA): 1.36% ($1.5 mil)
    Quarterly return on assets: 1.22% ($1.3 mil)
    Return on Equity (ROE): 13.02% ($1.4 mil)
    Quarterly return on equity: 12.36% ($1.4 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 2.07% ($2,267.5 mil)
    Quarterly Pretax return on assets: 1.75% ($1,917.0 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
  • 21Total employees (full-time equivalent)
  • $109,542Total assets
  • $10,286Cash and due from depository institutions
  • $7,424Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $96,343Net loans & leases
  • $1,590Loan loss allowance
  • $0Trading account assets
  • $722Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $109,542Life insurance assets
  • $2,191All other assets
  • $98,858Total liabilities and capital
  • $96,997Total liabilities
  • $82,758Total deposits
  • $96,997Interest-bearing deposits
  • $97Deposits held in domestic offices
  • 1500.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $361Subordinated debt
  • $10,684All other liabilities
  • $10,684Total equity capital
  • $10,684Total bank equity capital
  • $0Perpetual preferred stock
  • $4,000Common stock
  • $6,481Surplus
  • $203Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $340Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $405Income earned, not collected on loans
  • $0Earning assets
  • $432Long-term assets (5+ years)
  • $103,767Average Assets, year-to-date
  • $18,017Average Assets, quarterly
  • $96,001Volatile liabilities
  • $106,691Insider loans
  • $90,510FHLB advances
  • $104,660Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,684Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,406Restructured Loans and leases
  • $2,021Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,363Total interest income
  • $924Total interest expense
  • $4,439Net interest income
  • $397Provision for loan and lease losses
  • $610Total noninterest income
  • $0Fiduciary activities
  • $149Service charges on deposit accounts
  • $0Trading account gains & fees
  • $461Additional noninterest income
  • $2,663Total noninterest expense
  • $919Salaries and employee benefits
  • $456Premises and equipment expense
  • $1,288Additional noninterest expense
  • $1,989Pre-tax net operating income
  • $0Securities gains (losses)
  • $684Applicable income taxes
  • $1,305Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,305Net income attributable to bank
  • $0Net charge-offs
  • $1,305Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.91%Yield on earning assets
  • 1.02%Cost of funding earning assets
  • 4.89%Net interest margin
  • 0.67%Noninterest income to earning assets
  • 2.94%Noninterest expense to earning assets
  • 1.36%Net operating income to assets
  • 1.36%Return on assets (ROA)
  • 2.07%Pretax return on assets
  • 13.02%Return on equity (ROE)
  • 13.02%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -13233.33%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 52,743Assets per employee
  • 5.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 392.59%Noncurrent assets plus other real estate owned to assets
  • 0.37%Noncurrent loans to loans
  • 0.41%Net loans and leases to deposits
  • 99.33%Net loans and leases to core deposits
  • 134.56%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 10.21%Tier 1 risk-based capital ratio
  • 11.80%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $96,001Average earning assets
  • $10,027Average equity
  • $90,696Average loans

List of branches

  • 2 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0455787Usny Bank389 Hamilton Street, Geneva, NY 14456July 31, 2007Full Service Brick and Mortar
    1470124Cooperstown Branch73 Chestnut Street, Cooperstown, NY 13326December 19, 2007Full Service Brick and Mortar

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 USNY 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