New York Community Bank

New York Community Bank Locations
615 Merrick Avenue
Westbury, NY 11590
(888) 550-9888
www.mynycb.com

New York Community Bank is headquartered in Westbury and is the 4th largest bank in the state of New York. It is also the 39th largest bank in the nation. It was established in 1859 and as of March of 2012, it had grown to 2,137 employees at 247 locations. New York Community Bank has a 5-star health rating.

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Data for Q1 2012


Institution Statistics


New York Community Bank
FDIC Certificate #16022
BankRate ReportView
Year Established1859
Employees2137
Primary RegulatorFDIC

Assets and Liabilities

Assets$40.27 billion
Loans$28.93 billion
Deposits$21.27 billion
Equity Capital$5.30 billion
Loan Loss Allowance$157.21 million
Unbacked Noncurrent Loans$635.04 million
Real Estate Owned$59.87 million

Historic Data - March 2011

Assets$38.53 billion
Equity Capital$5.39 billion
Loan Loss Allowance$144.04 million
Unbacked Noncurrent Loans$946.80 million
Real Estate Owned$30.76 million

Profit Margin - Quarterly

Net Interest Margin3.16%
Return on Assets1.19%
Return on Equity8.97%
Interest Income$422.56 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
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 New York Community Bank had $694.91 million in non-current loans and owned real-estate with $5.45 billion in equity and loan loss allowances on hand to cover it. This gives New York Community Bank a Texas Ratio of 12.74% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for New York Community Bank decreased slightly from 17.65% as of March 31, 2011 to 12.74% as of March 31, 2012, resulting in a positive change of 27.80%.This indicates that the balance sheet and financial strength for New York Community Bank has improved slightly in recent periods.
Deposit Growth4
In the past year, New York Community Bank has increased its total deposits by $739.62 million, resulting in 3.6% 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 New York Community Bank has shown is above average.
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. New York Community Bank has $40.27 billion in assets with $5.45 billion in equity, resulting in a capitalization level of 13.54%, which is excellent.
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