Empire State Bank

Empire State Bank is headquartered in Newburgh and is the 138^th largest bank in the state of New York. It is also the 3,683^rd largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 37 employees at 4 locations. Empire State Bank's money market rates are 14% higher than the national average, and it has a 3-star health rating.

Empire State Bank Routing Number: 021913862

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Data for Q1 2012

Institution Statistics Empire State Bank FDIC Certificate # 57672 BankRate Report View Year Established 2004 Employees 37 Primary Regulator FED Assets and Liabilities Assets $161.02 million Loans $125.23 million Deposits $140.34 million Equity Capital $13.93 million Loan Loss Allowance $1.86 million Unbacked Noncurrent Loans $3.46 million Real Estate Owned $1.20 million Historic Data - March 2011 Assets $161.31 million Equity Capital $13.66 million Loan Loss Allowance $1.93 million Unbacked Noncurrent Loans $2.41 million Real Estate Owned $315,000 Profit Margin - Quarterly Net Interest Margin 3.62% Return on Assets -0.04% Return on Equity -0.43% Interest Income $1.78 million

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Empire State Bank had $4.66 million in non-current loans and owned real-estate with $15.79 million in equity and loan loss allowances on hand to cover it. This gives Empire State Bank a Texas Ratio of 29.53% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Empire State Bank increased slightly from 17.45% as of March 31, 2011 to 29.53% as of March 31, 2012, resulting in a negative change of 69.17%. This indicates that the balance sheet and financial strength for Empire State Bank has declined slightly in recent periods. Deposit Growth In the past year, Empire State Bank has increased its total deposits by $546,000, resulting in 0.39% 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 Empire State Bank has shown is average. Capitalization 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. Empire State Bank has $161.02 million in assets with $15.79 million in equity, resulting in a capitalization level of 9.80%, which is average.

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