Valatie Savings and Loan Association in Valatie, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 20, 1995

Valatie Savings and Loan Association in Valatie, New York (NY)
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Valatie Savings and Loan Association - Overview

General
FDIC Certificate #: 31939
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Hudson River Bank & Trust Company (#15968)
Federal Reserve ID: 862972
Date Established: January 01, 1927
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 7627
FDIC's unique #: 44773
Numeric code: 36
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: Yes
Date of Deposit Insurance: October 02, 1978
Last Structure Change Effective Date: December 20, 1995
Last Structure Change Process Date: January 31, 1996
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012
Location
Address: 3039 Main Street, Valatie, NY 12184
County: Columbia
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
Combined Statistical Area (CSA): Albany-Schenectady-Amsterdam, NY (#104)
Core Based Statistical Area (CBSA): Hudson, NY (#26460)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $4.7 mil

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

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$2Total assets
$4,975Cash and due from depository institutions
$491Interest-bearing balances
$472Securities
$2,189Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$2,261Loan loss allowance
$14Trading account assets
$0Bank premises and fixed assets
$8Other real estate owned
$0Goodwill and other intangibles
$26Life insurance assets
$0All other assets
$0Total liabilities and capital
$4,975Total liabilities
$4,516Total deposits
$4,409Interest-bearing deposits
$4,409Deposits held in domestic offices
4409.00%% insured (estimated)
$100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$107Total equity capital
$107Total bank equity capital
$459Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$459Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$4,922Long-term assets (5+ years)
$0Average Assets, year-to-date
$5,048Average Assets, quarterly
$5,001Volatile liabilities
$201Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$459Total risk weighted assets
$1,491Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$434Total interest expense
$169Net interest income
$265Provision for loan and lease losses
$0Total noninterest income
$4Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$4Total noninterest expense
$139Salaries and employee benefits
$110Premises and equipment expense
$29Additional noninterest expense
$0Pre-tax net operating income
$130Securities gains (losses)
$0Applicable income taxes
$16Income before extraordinary items
$114Extraordinary gains - net
$0Net income attributable to bank
$114Net charge-offs
$0Cash dividends
$0Sale, 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
8.72%Cost of funding earning assets
3.40%Net interest margin
5.33%Noninterest income to earning assets
0.08%Noninterest expense to earning assets
2.79%Net operating income to assets
2.26%Return on assets (ROA)
2.26%Pretax return on assets
2.58%Return on equity (ROE)
25.22%Retained earnings to average equity (YTD only)
25.22%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
51,673Assets per employee
2.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.62%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
51.28%Net loans and leases to core deposits
53.73%Equity capital to assets
9.23%Core capital (leverage) ratio
9.23%Tier 1 risk-based capital ratio
30.78%Total risk-based capital ratio
Memoranda
$31Average assets
$5,048Average earning assets
$452Average equity
$4,976Average loans

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