National Bank of NYC

National Bank of NYC Locations
136-29 38th Avenue
New York City, NY 11352
718-358-4400
www.nbnyc.com
The mission of National Bank of New York City will be to provide premium quality service with enhanced relationships to business owners and business professionals. The bank will provide product lines and services that meet financial and personal needs of the community in an accessible and responsible manner.



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National Bank of NYC Savings Account Rates

ApyMinMaxProduct
0.15%$500$2,500Statement Savings Account

National Bank of NYC Money Market Rates

ApyMinMaxProduct
0.55%$150k-Money Market Account

National Bank of NYC CD Rates

ApyMinMaxProduct
1.35%$2,500-60 + Month CD
1.06%$2,500-48 - 59 Month CD
0.85%$2,500-36 - 47 Month CD
0.50%$2,500-24 - 35 Month CD
0.20%$2,500-12 - 23 Month CD
0.20%$1k-180 - 364 Day CD
0.15%$1k-7 - 89 Day CD
0.15%$1k-90 - 179 Day CD

National Bank of NYC IRA Rates

ApyMinMaxProduct
1.35%$2,500-60 + Month IRA
1.06%$2,500-48 - 59 Month IRA
0.85%$2,500-36 - 47 Month IRA
0.50%$2,500-24 - 35 Month IRA
0.20%$2,500-12 - 23 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


National Bank of New York City
FDIC Certificate #18734
BankRate ReportView
Year Established1963
Employees28
Primary RegulatorOCC

Assets and Liabilities

Assets$224.05 million
Loans$172.71 million
Deposits$137.64 million
Equity Capital$36.63 million
Loan Loss Allowance$3.45 million
Unbacked Noncurrent Loans$8.92 million

Historic Data - March 2011

Assets$255.39 million
Equity Capital$35.14 million
Loan Loss Allowance$3.52 million
Unbacked Noncurrent Loans$12.79 million

Profit Margin - Quarterly

Net Interest Margin3.15%
Return on Assets1.43%
Return on Equity8.85%
Interest Income$2.98 million

Institution Health


Overall Score:
3 out of 5
3
Texas Ratio3
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 National Bank of NYC had $8.92 million in non-current loans and owned real-estate with $40.09 million in equity and loan loss allowances on hand to cover it. This gives National Bank of NYC a Texas Ratio of 22.25% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for National Bank of NYC decreased slightly from 33.09% as of March 31, 2011 to 22.25% as of March 31, 2012, resulting in a positive change of 32.75%.This indicates that the balance sheet and financial strength for National Bank of NYC has improved slightly in recent periods.
Deposit Growth1
In the past year, National Bank of NYC has decreased its total deposits by -$17.55 million, resulting in -11.31% 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 National Bank of NYC has shown is poor.
Capitalization5
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. National Bank of NYC has $224.05 million in assets with $40.09 million in equity, resulting in a capitalization level of 17.89%, which is excellent.
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