Spring Bank

Bronx, NY
IDRSSD: 3368925
Total Assets
$542.87M
Latest filing
Total Deposits
$458.53M
Latest filing
Net Interest Margin
4.33%
Profitability

Locations

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Main Office
Spring Bank
69 E 167th St
Bronx, NY 10452
Full Service - Brick and Mortar
Updated 11/14/2025Established 10/26/2007FDIC Certificate 462320

Branches (1)

Page 1 of 1
NameAddressCity / State
Spring Bank (Main)69 E 167th StBronx, NY
RED HOOK BRANCH356 Van Brunt StBrooklyn, NY
Showing 1 of 1

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 non-member, and supervised by the FDIC
Primary RegulatorFDIC
Established Date10/26/2007
Community BankYes
Ownership TypeNot Mutual
ZIP10452
State and County Number36005
Subchapter S CorporationsNo
Trust PowersN/A
Federal Reserve ID Number02
Numeric code21
Insured by FDICInstitutions that are currently open and insured by the FDIC
Federal Reserve DistrictNew York
Core Based Statistical Area NameNew York-Newark-Jersey City, NY-NJ-PA

Operational Info

Number of Employees45
Domestic Offices2
Foreign Offices0
US Offices0
Directly owned by another bank (CERT)No
Last Structure Change Effective Date08/31/2022
Date of Deposit Insurance10/26/2007
Primary Insurance AgencyDIF
Websitewww.spring.bank
Data Updated11/14/2025
CERT58668
Office of The Comptroller District:
Office of Thrift Supervision RegionN/A

Financial Summary

Total Assets$542.87M
Total Deposits$458.53M
Total Liabilities$460.66M
Total Equity Capital$82.21M
Net Income$2.19M
Net Loans and Leases$348.07M
Assets Per Employee ($Millions)$11.8M
Bank Premises and Fixed Assets$1.37M
Cash and Balances due from Depository Institutions$96.16M
Deposits Held in Domestic Offices$458.53M

Key Performance Ratios

Return on Assets (ROA)1.66%
Return on Equity (ROE)10.87%
Net Interest Margin4.33%
Efficiency Ratio46.04%
Tier 1 Risk-Based Capital Ratio0%
Net Loans and Leases to Core Deposits0%
Credit Loss Provision to Assets0.03%
Cash Dividends to Net Income (YTD Only)0%
Equity Capital to Assets15.143%
Earning Assets to total Assets98.31%

Income and Expense

Total Interest Income$8.97M
Total Noninterest Income$71.00k
Total Interest Expense$3.34M
Total Noninterest Expense$2.62M
Net Interest Income$5.63M
Pre-tax Net Operating Income$3.03M
Provision for Credit Losses$42.00k
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$0
Federal Funds Sold & Reverse Repurchase Agreement$0
Federal Funds Purchased and Repurchased Agreement$0
All Other Liabilities$2.13M
Total Liabilities and Capital$542.87M

Securities

Securities$91.36M
Available-for-sale debt securities$91.36M
Equity securities with readily determinable fair values not held for trading$0
Held-to-maturity securities$0
Subordinated Debt$0
Trading Account Assets$0
Trading Liabilities$0

Frequently Asked Questions

What are the total assets of Spring Bank?
$542.87M as of the latest filing.
How much are Spring Bank's total deposits?
$458.53M in total deposits.
Where is Spring Bank located?
Bronx, NY.
What is the Net Interest Margin?
4.33%.
How many domestic offices does it operate?
2.
When was it established?
10/26/2007.
What is the Return on Assets (ROA)?
1.66%.
How much are total loans and leases?
$348.07M (latest filing).
What is the total interest income (latest filing)?
$8.97M.