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Overview / Commentary
631-537-1000
2200 Montauk Highway
Bridgehampton, NY 11932

Bridgehampton National Bank is headquartered in Bridgehampton and is the 30th largest bank in the state of New York. It is also the 335th largest bank in the nation. It was established in 1909 and as of June of 2014, it had grown to 324 employees at 27 locations. Bridgehampton National Bank has a A health rating.

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Health

Data for Q2 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Bridgehampton National Bank had $4.21 million in non-current loans and owned real-estate with $199.2 million in equity and loan loss allowances on hand to cover it. This gives Bridgehampton National Bank a Texas Ratio of 2.11% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Bridgehampton National Bank decreased slightly from 3.01% as of June 30, 2013 to 2.11% as of June 30, 2014, resulting in a positive change of 29.91%.This indicates that the balance sheet and financial strength for Bridgehampton National Bank has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Bridgehampton National Bank has increased its total deposits by $296.66 million, resulting in 20.31% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bridgehampton National Bank has shown is excellent.

Capitalization

GRADE:
C+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bridgehampton National Bank has $2.19 billion in assets with $199.2 million in equity, resulting in a capitalization level of 9.10%, which is average.

Institution Statistics

Overall
FDIC Certificate #6976
Year Established1909
Employees324
Primary RegulatorOCC
Assets and Liabilities
Assets$2.19 billion
Loans$1.18 billion
Deposits$1.76 billion
Equity Capital$182.52 million
Loan Loss Allowance$16.68 million
Unbacked Noncurrent Loans$3.63 million
Real Estate Owned$577,000
Historic Data - June 2013
Assets$1.73 billion
Equity Capital$127.91 million
Loan Loss Allowance$15.13 million
Unbacked Noncurrent Loans$3.63 million
Real Estate Owned$250,000
Profit Margin - Quarterly
Return on Assets0.51%
Return on Equity6.51%
Interest Income$36.09 million
Rates

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Locations

Bridgehampton National Bank has 23 locations. Click to view all Bridgehampton National Bank locations.