United Northern Federal Savings Bank in Watertown, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 1995

  • United Northern Federal Savings Bank in Watertown, New York (NY)
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United Northern Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 30597
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: HSBC Bank USA (#589)
    Federal Reserve ID: 597078
    Date Established: January 01, 1888
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5610
    FDIC's unique #: 43431
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 26, 1952
    Last Structure Change Effective Date: October 01, 1995
    Last Structure Change Process Date: October 27, 1995
    Last Data Update: October 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 Washington St, Watertown, NY 13601
    County: Jefferson
    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
    Core Based Statistical Area (CBSA): Watertown-Fort Drum, NY (#48060)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $85.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $51Total assets
  • $85,883Cash and due from depository institutions
  • $4,019Interest-bearing balances
  • $3,508Securities
  • $3,259Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $74,535Loan loss allowance
  • $416Trading account assets
  • $0Bank premises and fixed assets
  • $970Other real estate owned
  • $651Goodwill and other intangibles
  • $2,206Life insurance assets
  • $243All other assets
  • $0Total liabilities and capital
  • $85,883Total liabilities
  • $78,985Total deposits
  • $74,263Interest-bearing deposits
  • $71,884Deposits held in domestic offices
  • 74263.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $4,000Subordinated debt
  • $0All other liabilities
  • $722Total equity capital
  • $722Total bank equity capital
  • $6,898Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $5,017Undivided profits
  • Memoranda
  • $1,881Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,770Income earned, not collected on loans
  • $525Earning assets
  • $81,302Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $92,135Average Assets, quarterly
  • $87,146Volatile liabilities
  • $8,509Insider loans
  • $22FHLB advances
  • $4,000Loans and leases held for sale
  • $0Unused loan commitments
  • $1,571Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,898Total risk weighted assets
  • $47,315Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,203Total interest expense
  • $2,690Net interest income
  • $3,513Provision for loan and lease losses
  • $66Total noninterest income
  • $459Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $459Total noninterest expense
  • $2,929Salaries and employee benefits
  • $1,408Premises and equipment expense
  • $641Additional noninterest expense
  • $880Pre-tax net operating income
  • $977Securities gains (losses)
  • $174Applicable income taxes
  • $499Income before extraordinary items
  • $652Extraordinary gains - net
  • -$162Net income attributable to bank
  • $490Net charge-offs
  • $84Cash dividends
  • $658Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.22%Cost of funding earning assets
  • 3.13%Net interest margin
  • 4.09%Noninterest income to earning assets
  • 0.53%Noninterest expense to earning assets
  • 3.41%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.53%Pretax return on assets
  • 1.07%Return on equity (ROE)
  • 7.05%Retained earnings to average equity (YTD only)
  • -2.42%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 78.57%Efficiency ratio
  • 70,166Assets per employee
  • 1.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 134.29%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 23.50%Noncurrent assets plus other real estate owned to assets
  • 2.82%Noncurrent loans to loans
  • 2.36%Net loans and leases to deposits
  • 100.37%Net loans and leases to core deposits
  • 106.85%Equity capital to assets
  • 8.03%Core capital (leverage) ratio
  • 8.05%Tier 1 risk-based capital ratio
  • 14.58%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $92,135Average earning assets
  • $6,949Average equity
  • $85,934Average loans
1
elizabeth peebles underwood
⚠
I have an old CD booklet from United Northern Federal Savings Bank which was in my deceased father's safe deposit box. How do I find out of this CD has been cashed or if it is valid?

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