Vitals
  • Total Assets
    19.6B 7.8 %
  • Total Deposits
    11.4B 8.7 %
  • Total Net Loans
    13.2B 10.6 %
  • Net Income
  • Book Value
    3.7B 67.5 %
  • Book Value x2
    7.3B 67.5 %
  • Book Value x3
    11.0B 67.5 %
ROAA

ROAE

Efficiency Ratio

67.922

Net Interest Margin

2.798

Balance Sheet Highlights
Financial Highlights Independence Community Bank All Insured Savings Banks in New York
Balance Sheet $(000)
Total Assets 19,594,544 2,095,150
Total Net Loans 13,246,310 1,096,353
Total Deposits 11,355,551 1,472,072
Total Equity 3,654,730 267,930
Profitability
Net Income — 14,141
Return on Average Assets — .741
Return on Average Equity — 8.849
Net Interest Margin 2.798 3.188
Efficiency Ratio 67.922 70.466
Noninterest Income/Revenue 7.824 7.324
Balance Sheet Ratios
Loan-to-Deposit 116.651 68.431
Securities/Assets .116 .484
Total Equity/Total Assets .187 .128
Tangible Equity/Tangible Assets .049 -.14
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 989,734 160,061
Tier 2 Capital 502,330 6,216
Total Capital 1,492,064 183,213
Total Risk Weighted Assets 14,388,209 1,196,882
Leverage Ratio 6.01 9.065
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 6.88 17.71
Total Capital Ratio 10.37 18.33

Timeline for Independence Community Bank

Santander Bank, N.A.

Independence Community Bank was acquired by Santander Bank, N.A. 17 years

View Profile Sep 09 2006

Sib Mortgage Corp.

Sib Mortgage Corp. became a new subsidiary organization for Independence Community Bank.

View Profile May 31 2006

Independence Community Investment, Llc

Independence Community Investment, Llc became a new subsidiary organization for Independence Community Bank.

View Profile May 31 2006

Icm Capital Llc

Icm Capital Llc became a new subsidiary organization for Independence Community Bank.

View Profile May 31 2006

Independence Community Commercial Reinvestment Corp.

Independence Community Commercial Reinvestment Corp. became a new subsidiary organization for Independence Community Bank.

View Profile May 31 2006

Want to see more?

Complete timeline for Independence Community Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Santander Bank, N.A. Buyer 85,473,923 Discontinued 9/9/2006
Si Bank & Trust Seller 7,134,164 Acquisition Discontinued 4/13/2004
Statewide Savings Bank, Sla Seller 737,138 Pooling of Interests Discontinued 1/8/2000
Broad National Bank Seller 653,720 Pooling of Interests Discontinued 8/1/1999
Independence Community Bank Corp. Seller Pooling of Interests Discontinued 3/13/1998
Bay Ridge Federal Savings Bank Seller 546,834 Acquisition Discontinued 1/4/1996
The Long Island City Savings And Loan Association Seller 354,001 Discontinued 4/8/1992
Westerleigh Federal Savings And Loan Association Seller 120,526 Failure 3/28/1992
State Savings, Fsb Seller 399,093 Failure 3/28/1992
Relationships Role Relationship Start Relationship End
Independence Community Bank Corp Parent 3/13/1998 9/8/2006
Independence Community Bank Corp. Parent 4/8/1992 3/12/1998
Wiljo Development Corp. Subsidary 5/31/2006 9/8/2006
Sib Mortgage Corp. Subsidary 5/31/2006 9/8/2006
Independence Community Investment, Llc Subsidary 5/31/2006 9/8/2006
Icm Capital Llc Subsidary 5/31/2006 9/8/2006
Independence Community Commercial Reinvestment Corp. Subsidary 5/31/2006 9/8/2006
Independence Community Insurance Agency Subsidary 5/31/2006 9/8/2006
Wiljo Development Corp. Subsidary 5/20/1993 3/12/1998
Zurham Corp. Subsidary 2/1/1988 3/12/1998
Independence Community Realty Corp. Subsidary 10/1/1996 3/12/1998
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