Empire State Bank


Overview / Commentary
845-561-0003
68 North Plank Road
Newburgh, NY 12550

Empire State Bank is headquartered in Staten Island and is the 75th largest bank in the state of New York. It is also the 1,727th largest bank in the nation. It was established in 2004 and as of June of 2022, it had grown to 64 employees at 7 locations. Empire State Bank has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #57672
Year Established2004
Employees64
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD15.15%
Annual Interest Income$9.9MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$504.5MM$516.5MM
LoansQ2 2022vs Q2 2021$418.3MM$443.4MM
DepositsQ2 2022vs Q2 2021$403.1MM$428.1MM
Equity CapitalQ2 2022vs Q2 2021$54.5MM$47.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$5.8MM$5.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.5MM$1.7MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Empire State Bank are currently being reviewed.

Locations


Empire State Bank Locations
Railroad Avenue Branch2212 Hylan BoulevardStaten Island, NY 10306
New Paltz Branch275 Main St.New Paltz, NY 12561
Empire State Bank1441 South AveStaten Island, NY 10314
Brooklyn Branch8701 3rd AvenueBrooklyn, NY 11209
Victory Blvd. Banking Center1698 Victory BoulevardStaten Island, NY 10314
18th Avenue Banking Center6923 18th AvenueBrooklyn, NY 11204

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