First Federal Savings and Loan Association of Rochester in Rochester, New York (NY)
Table of contents:
| First Federal Savings and Loan Association of Rochester | |
|---|---|
| General | FDIC Certificate #: 28678 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution: HSBC Bank USA (#589) Federal Reserve ID: 499079 Date Established: January 01, 1896 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2125 FDIC's unique #: 41512 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes Oakar Institutions: Yes State Chartered: No Date of Deposit Insurance: Febuary 04, 1935 Last Structure Change Effective Date: March 01, 1997 Last Structure Change Process Date: March 20, 1997 Last Data Update: March 20, 1997 Data Source Date: April 05, 2012 |
| Location | Address: One First Federal Plaza, Rochester, NY 14614 County: Monroe 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) |
| Financial Summary | Total assets: $7,188.4 mil |
| Assets and Liabilities (December 31, 1996) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 0 |
| Total assets | $1,294 |
| Cash and due from depository institutions | $7,188,401 |
| Interest-bearing balances | $110,828 |
| Securities | $6,179 |
| Federal funds sold & reverse repurchase agreements | $848,852 |
| Net loans & leases | $83,025 |
| Loan loss allowance | $5,831,054 |
| Trading account assets | $40,740 |
| Bank premises and fixed assets | $0 |
| Other real estate owned | $52,844 |
| Goodwill and other intangibles | $10,259 |
| All other assets | $65,715 |
| Life insurance assets | $185,824 |
| Total liabilities and capital | $0 |
| Total liabilities | $7,188,401 |
| Total deposits | $6,754,482 |
| Interest-bearing deposits | $4,516,069 |
| Deposits held in domestic offices | $4,478,818 |
| % insured (estimated) | 4516069.00% |
| Federal funds purchased & repurchase agreements | $99 |
| Trading liabilities | $361,559 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,784,299 |
| All other liabilities | $0 |
| Total equity capital | $92,555 |
| Total bank equity capital | $92,555 |
| Perpetual preferred stock | $433,919 |
| Common stock | $0 |
| Surplus | $231 |
| Undivided profits | $253,599 |
| Memoranda | |
| Noncurrent loans and leases | $180,089 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $41,745 |
| Earning assets | $37,344 |
| Long-term assets (5+ years) | $6,769,110 |
| Average Assets, year-to-date | $0 |
| Average Assets, quarterly | $7,241,243 |
| Volatile liabilities | $7,181,857 |
| Insider loans | $2,218,254 |
| FHLB advances | $362 |
| Loans and leases held for sale | $1,777,134 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $459,670 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $422,164 |
| Total unused commitments | $3,546,262 |
| Restructured Loans and leases | $0 |
| Derivatives | $0 |
| Income and Expense (December 31, 1996) (Dollar figures in thousands) | |
| Total interest income | $0 |
| Total interest expense | $492,851 |
| Net interest income | $315,480 |
| Provision for loan and lease losses | $177,371 |
| Total noninterest income | $12,616 |
| Fiduciary activities | $38,822 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $0 |
| Total noninterest expense | $38,822 |
| Salaries and employee benefits | $142,342 |
| Premises and equipment expense | $58,841 |
| Additional noninterest expense | $24,809 |
| Pre-tax net operating income | $58,692 |
| Securities gains (losses) | $61,235 |
| Applicable income taxes | $3,417 |
| Income before extraordinary items | -$16,868 |
| Extraordinary gains - net | $81,520 |
| Net income attributable to bank | $0 |
| Net charge-offs | $81,520 |
| Cash dividends | $10,943 |
| Sale, conversion, retirement of capital stock, net | $38,999 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 1996) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 0.00% |
| Cost of funding earning assets | 7.21% |
| Net interest margin | 4.61% |
| Noninterest income to earning assets | 2.59% |
| Noninterest expense to earning assets | 0.57% |
| Net operating income to assets | 2.08% |
| Return on assets (ROA) | 1.08% |
| Pretax return on assets | 1.13% |
| Return on equity (ROE) | 0.89% |
| Retained earnings to average equity (YTD only) | 19.23% |
| Net charge-offs to loans | 10.03% |
| Credit loss provision to net charge-offs | 0.19% |
| Efficiency ratio | 115.29% |
| Assets per employee | $64,551 |
| Cash dividends to net income (YTD only) | 5.56% |
| Condition Ratios (%) | |
| Loss allowance to loans | 47.84% |
| Loss allowance to noncurrent loans | 0.69% |
| Noncurrent assets plus other real estate owned to assets | 60.57% |
| Noncurrent loans to loans | 0.71% |
| Net loans and leases to deposits | 0.71% |
| Net loans and leases to core deposits | 129.12% |
| Equity capital to assets | 131.22% |
| Core capital (leverage) ratio | 6.04% |
| Tier 1 risk-based capital ratio | 5.88% |
| Total risk-based capital ratio | 11.90% |
| Memoranda | |
| Average assets | $13 |
| Average earning assets | $7,241,243 |
| Average equity | $423,993 |
| Average loans | $6,838,384 |
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