The Park Avenue Bank
New York, NY — Non-member Bank
Acquired Mar 2010
Vitals
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Total Assets520.1M 5.2 %
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Total Deposits494.5M 17.3 %
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Total Net Loans362.0M 1.9 %
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Net Income
-
Book Value
-
Book Value x2
-
Book Value x3
Balance Sheet Highlights
| Financial Highlights | The Park Avenue Bank | All Insured Commercial Banks in New York |
| Balance Sheet $(000) | ||
| Total Assets | 520,146 | 786,129 |
| Total Net Loans | 362,035 | 1,405,503 |
| Total Deposits | 494,505 | 612,614 |
| Total Equity | — | 92,814 |
| Profitability | ||
| Net Income | — | 54,620 |
| Return on Average Assets | — | .804 |
| Return on Average Equity | — | 7.829 |
| Net Interest Margin | 3.002 | 3.401 |
| Efficiency Ratio | 104.745 | 76.908 |
| Noninterest Income/Revenue | 11.159 | 79.808 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 73.212 | 75.986 |
| Securities/Assets | .165 | 1.08 |
| Total Equity/Total Assets | .118 | |
| Tangible Equity/Tangible Assets | -.004 | -1.265 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 1,638 | 74,380 |
| Tier 2 Capital | 1,638 | 112,301 |
| Total Capital | 3,276 | 82,438 |
| Total Risk Weighted Assets | 424,357 | 513,660 |
| Leverage Ratio | .3 | 10.106 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | .39 | 18.343 |
| Total Capital Ratio | .77 | 19.503 |
Timeline for The Park Avenue Bank
The Park Avenue Bank was acquired by 14 years
Mar 13 2010
Valley National Bank
The Park Avenue Bank was acquired by Valley National Bank 14 years
View Profile Mar 13 2010
Park Avenue Bancorp, Inc.
Park Avenue Bancorp, Inc. became a new parent organization for The Park Avenue Bank.
View Profile Jul 14 2006
The Park Avenue Bank
The Park Avenue Bank was established 36 years ago and is currently headquartered in New York, NY.
Nov 06 1987| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Valley National Bank | Buyer | 22,312,256 | Failure | 3/13/2010 |
| Relationships | Role | Relationship Start | Relationship End |
| Park Avenue Bancorp, Inc. | Parent | 11/17/2008 | 3/12/2010 |
| Park Avenue Bancorp, Inc. | Parent | 2/28/2007 | 11/16/2008 |
| Park Avenue Bancorp, Inc. | Parent | 7/14/2006 | 2/27/2007 |
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