United States Trust Company of New York in New York City, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 02, 1995

  • United States Trust Company of New York in New York City, New York (NY)
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United States Trust Company of New York - Overview

  • General
  • FDIC Certificate #: 646
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Chase Manhattan Bank (National Association) (#624)
    Federal Reserve ID: 934011
    Date Established: April 12, 1853
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 6 (Interstate: No)
    FDIC's unique #: 426
    Numeric code: 13
    Regulator: FED
    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: January 01, 1934
    Last Structure Change Effective Date: September 02, 1995
    Last Structure Change Process Date: October 31, 1995
    Last Data Update: October 31, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 114 West 47th Street, New York City, NY 10026
    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)
  • Financial Summary
  • Total assets: $3,065.6 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)
  • $1,933Total assets
  • $2,753,132Cash and due from depository institutions
  • $180,837Interest-bearing balances
  • $20,000Securities
  • $769,554Federal funds sold & reverse repurchase agreements
  • $144,707Net loans & leases
  • $1,431,008Loan loss allowance
  • $12,783Trading account assets
  • $0Bank premises and fixed assets
  • $94,212Other real estate owned
  • $11,883Goodwill and other intangibles
  • $119,188Life insurance assets
  • $1,743All other assets
  • $0Total liabilities and capital
  • $2,753,132Total liabilities
  • $2,566,562Total deposits
  • $2,104,280Interest-bearing deposits
  • $1,257,148Deposits held in domestic offices
  • 2095698.00%% insured (estimated)
  • $29Federal funds purchased & repurchase agreements
  • $229,752Trading liabilities
  • $0Other borrowed funds
  • $127,571Subordinated debt
  • $10,803All other liabilities
  • $94,156Total equity capital
  • $94,156Total bank equity capital
  • $186,570Perpetual preferred stock
  • $0Common stock
  • $14,995Surplus
  • $41,500Undivided profits
  • Memoranda
  • $130,075Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,765Income earned, not collected on loans
  • $7,339Earning assets
  • $2,365,269Long-term assets (5+ years)
  • $403,664Average Assets, year-to-date
  • $3,205,047Average Assets, quarterly
  • $3,143,326Volatile liabilities
  • $420,237Insider loans
  • $10,380FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $117,563Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $185,831Total risk weighted assets
  • $1,432,163Total unused commitments
  • $0Restructured Loans and leases
  • $86,375Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $165,994Total interest expense
  • $70,537Net interest income
  • $95,457Provision for loan and lease losses
  • $1,277Total noninterest income
  • $222,706Fiduciary activities
  • $214,649Service charges on deposit accounts
  • $386Trading account gains & fees
  • $0Additional noninterest income
  • $7,671Total noninterest expense
  • $252,814Salaries and employee benefits
  • $137,264Premises and equipment expense
  • $47,835Additional noninterest expense
  • $67,715Pre-tax net operating income
  • $64,072Securities gains (losses)
  • -$44,902Applicable income taxes
  • $6,946Income before extraordinary items
  • $12,224Extraordinary gains - net
  • $0Net income attributable to bank
  • $12,224Net charge-offs
  • $422Cash dividends
  • $5,000Sale, 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
  • 6.12%Cost of funding earning assets
  • 2.60%Net interest margin
  • 3.52%Noninterest income to earning assets
  • 8.21%Noninterest expense to earning assets
  • 9.32%Net operating income to assets
  • 1.28%Return on assets (ROA)
  • 0.38%Pretax return on assets
  • 0.60%Return on equity (ROE)
  • 6.43%Retained earnings to average equity (YTD only)
  • 3.80%Net charge-offs to loans
  • 0.03%Credit loss provision to net charge-offs
  • 302.61%Efficiency ratio
  • 79,370Assets per employee
  • 1.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 40.90%Loss allowance to loans
  • 0.89%Loss allowance to noncurrent loans
  • 268.27%Noncurrent assets plus other real estate owned to assets
  • 0.60%Noncurrent loans to loans
  • 0.33%Net loans and leases to deposits
  • 68.00%Net loans and leases to core deposits
  • 70.13%Equity capital to assets
  • 6.78%Core capital (leverage) ratio
  • 5.50%Tier 1 risk-based capital ratio
  • 12.98%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $3,205,047Average earning assets
  • $190,255Average equity
  • $2,713,411Average loans

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