Solvay Bank

Solvay, NY
IDRSSD: 722816
Total Assets
$1.27B
Latest filing
Total Deposits
$1.14B
Latest filing
Net Interest Margin
2.28%
Profitability
0

Quarterly Trends

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Total Assets vs Total Liabilities

Loans & Leases vs Deposits

Interest Income vs Expense

Net Interest Income

Noninterest Expense vs Income

Net Income

Institution Profile

Institution ClassCommercial bank, state charter, Fed member, supervised by FRB
Primary RegulatorFED
Established Date03/17/1917
Community BankYes
Ownership TypeNot Mutual
ZIP13209
State and County Number36067
Subchapter S CorporationsNo
Trust PowersFull Trust Powers Granted
Federal Reserve ID Number02
Numeric code13
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameSyracuse, NY

Operational Info

Number of Employees152
Domestic Offices9
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance01/01/1934
Primary Insurance AgencyDIF
Websitewww.solvaybank.com
Data Updated11/14/2025
CERT13297
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$1.27B
Total Deposits$1.14B
Total Liabilities$1.18B
Total Equity Capital$90.40M
Net Income$1.86M
Net Loans and Leases$735.03M
Assets Per Employee ($Millions)$8.37M
Bank Premises and Fixed Assets$12.00M
Cash and Balances due from Depository Institutions$113.16M
Deposits Held in Domestic Offices$1.14B

Key Performance Ratios

Return on Assets (ROA)0.61%
Return on Equity (ROE)8.38%
Net Interest Margin2.28%
Efficiency Ratio72.9%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets7.103%
Earning Assets to total Assets93.83%

Income and Expense

Total Interest Income$12.11M
Total Noninterest Income$1.60M
Total Interest Expense$5.53M
Total Noninterest Expense$5.96M
Net Interest Income$6.58M
Pre-tax Net Operating Income$2.20M
Provision for Credit Losses$13.00k
Discontinued Operations (Extraordinary Gains - Net)$0

Additional Financial Info

Goodwill and Other Intangibles$0
All Other Assets$0
Other Real Estate Owned$0
Other borrowed funds$25.59M
Federal Funds Sold & Reverse Repurchase Agreement$140.00k
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$12.26M
Total Liabilities and Capital$1.27B

Securities

Securities$367.74M
Available-for-sale debt securities$360.93M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$6.81M
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Solvay Bank?
$1.27B as of the latest filing.
How much are Solvay Bank's total deposits?
$1.14B in total deposits.
Where is Solvay Bank located?
Solvay, NY.
What is the Net Interest Margin?
2.28%.
How many domestic offices does it operate?
9.
When was it established?
03/17/1917.
What is the Return on Assets (ROA)?
0.61%.
How much are total loans and leases?
$735.03M (latest filing).
What is the total interest income (latest filing)?
$12.11M.