United Mizrahi Bank and Trust Company in New York, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • United Mizrahi Bank and Trust Company in New York, New York (NY)
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United Mizrahi Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 22645
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Safra National Bank of New York (#26876)
    Federal Reserve ID: 97411
    Date Established: May 02, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15800
    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: May 02, 1978
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 10, 1997
    Last Data Update: January 29, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: One Rockefeller Plaza, 8th Floor, New York, NY 10020
    County: New York
    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): New York, NY (#5600)
    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: New York-White Plains-Wayne, NY-NJ (#35644)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $286.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $38Total assets
  • $286,715Cash and due from depository institutions
  • $127,893Interest-bearing balances
  • $124,942Securities
  • $17,754Federal funds sold & reverse repurchase agreements
  • $10,002Net loans & leases
  • $117,302Loan loss allowance
  • $1,432Trading account assets
  • $0Bank premises and fixed assets
  • $322Other real estate owned
  • $2,870Goodwill and other intangibles
  • $10,572Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $286,715Total liabilities
  • $266,318Total deposits
  • $259,004Interest-bearing deposits
  • $243,425Deposits held in domestic offices
  • 244139.00%% insured (estimated)
  • $60Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $7,314Total equity capital
  • $7,314Total bank equity capital
  • $20,397Perpetual preferred stock
  • $0Common stock
  • $9,193Surplus
  • $20,307Undivided profits
  • Memoranda
  • $-9,103Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,256Income earned, not collected on loans
  • $656Earning assets
  • $270,000Long-term assets (5+ years)
  • $3,361Average Assets, year-to-date
  • $299,191Average Assets, quarterly
  • $292,223Volatile liabilities
  • $135,310Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,813Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,939Total risk weighted assets
  • $170,420Total unused commitments
  • $0Restructured Loans and leases
  • $38,407Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $19,265Total interest expense
  • $12,578Net interest income
  • $6,687Provision for loan and lease losses
  • $1,708Total noninterest income
  • $2,788Fiduciary activities
  • $0Service charges on deposit accounts
  • $202Trading account gains & fees
  • $65Additional noninterest income
  • $2,521Total noninterest expense
  • $8,263Salaries and employee benefits
  • $4,120Premises and equipment expense
  • $947Additional noninterest expense
  • $3,196Pre-tax net operating income
  • -$496Securities gains (losses)
  • -$79Applicable income taxes
  • $66Income before extraordinary items
  • -$641Extraordinary gains - net
  • $0Net income attributable to bank
  • -$641Net charge-offs
  • $3,312Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.88%Cost of funding earning assets
  • 4.49%Net interest margin
  • 2.39%Noninterest income to earning assets
  • 1.00%Noninterest expense to earning assets
  • 2.95%Net operating income to assets
  • -0.19%Return on assets (ROA)
  • -0.21%Pretax return on assets
  • -0.19%Return on equity (ROE)
  • -3.05%Retained earnings to average equity (YTD only)
  • -3.05%Net charge-offs to loans
  • 2.48%Credit loss provision to net charge-offs
  • 51.57%Efficiency ratio
  • 87,208Assets per employee
  • 7.55%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.21%Loss allowance to noncurrent loans
  • 33.65%Noncurrent assets plus other real estate owned to assets
  • 2.49%Noncurrent loans to loans
  • 3.58%Net loans and leases to deposits
  • 45.29%Net loans and leases to core deposits
  • 94.83%Equity capital to assets
  • 7.11%Core capital (leverage) ratio
  • 7.00%Tier 1 risk-based capital ratio
  • 12.29%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $299,191Average earning assets
  • $20,987Average equity
  • $279,935Average loans

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