Safra National Bank of New York


Safra National Bank of New York is an FDIC insured institution headquartered at 546 5th Ave, New York, NY 10036.
It was founded in 1987 and has approximately $11 billion in assets. Customers can open an account at one of its 3 branches.

Deposit Rates - April 25, 2024

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26876
Date Established 1987
Assets $ 10.53 billion
Loans $ 2.85 billion
Deposits $ 8.92 billion
Capital $ 1,165.71 million

Summary Balance Sheet as of June 30, 2023

ASSETS
Cash & Balances due from depository institutions $ 3.82 billion
Interest-bearing balances $ 3.71 billion
Total securities $ 2.74 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.85 billion
Loan loss allowance $ 21.25 million
Trading account assets $ 245.31 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 21.20 million
All other assets $ 572.52 million
     Total Assets $ 9.36 billion

LIABILITIES
Total deposits $ 8.92 billion
      Interest-bearing deposits $ 6.89 billion
      Deposits held in domestic offices $ 8.84 billion
      % insured (estimated) 63.39%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities $ 54.70 million
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 308.31 millionn
      Total Liabilities $ 9.36 billion
      Shareholders’ Equity $ 1,165.71 million

Summary Income Statement as of June 30, 2023

INCOME AND EXPENSES
Total Interest Income $ 490.81 million
Total Interest Expense $ 254.20 million
Net interest income $ 236.61 million
Provision for loan and lease losses $ 58.63 million
Total non interest income $ 150.04 million
Total non interest expense $ 216.61 million
Pre-tax Net Operating Income N.A.

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Branches

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Safra National Bank of New York Locations