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 Solvay Bank
Solvay Bank
| RSSD ID 722816 | CERTIFICATE 13297 | ABA NUMBER 21309735 |
| 1537 Milton Ave |
Quarter Ended : |
2025-03-31 |
| Solvay, New York, 13209 |
Updated : |
2025-04-29 |
| www.solvaybank.com |
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| Institution Profile |
| Year Opened : |
1917 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FED |
| Member Federal Reserve : |
Yes |
S-Corp : |
No |
| Fiduciary Powers : |
Yes |
Powers Exercised : |
Yes |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
9 |
Number of Employees : |
151 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 1,174,496 |
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Total Interest Income | 11,328 |
| Total Liabilities | 1,090,403 |
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Total NonInterest Income | 1,343 |
| Total Bank Equity Capital | 84,093 |
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Total Interest Expense | 5,405 |
| Total Deposits | 1,047,427 |
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Total NonInterest Expense | 5,824 |
| Net Loans & Leases | 722,468 |
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Net Income | 1,192 |
| Loan Loss Allowance | 8,124 |
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Net Charge Offs | (11) |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 722,653 |
| Total assets for the leverage ratio | 1,201,599 |
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Loans secured by real estate: | 538,632 |
| Tier 1 Leverage Ratio | 9.26 |
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Commercial and industrial loans | 87,429 |
| Off Balance Sheet Exposures (%) | 10.72 |
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Loans to individuals - Credit Cards | 1,923 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 94,485 |
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:· Solvay Bank
