The Bank of New York Mellon is an FDIC insured institution headquartered at
240 E Greenwich St, New York, NY 10007.
It was founded in
1851 and has approximately $349 billion in
assets. Customers can open an account at one of its 23 branches.
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Overview 2023
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 639
Date Established
1851
Assets
$ 348.63 billion
Loans
$ 30.22 billion
Deposits
$ 295.29 billion
Capital
$ 27.21 billion
Summary Balance Sheet as of June 30, 2023
ASSETS
Cash & Balances due from depository institutions
$ 130.88 billion
Interest-bearing balances
$ 126.60 billion
Total securities
$ 133.91 billion
Federal funds sold and reverse repurchase
$ 19.34 billion
Net loans and leases
$ 30.22 billion
Loan loss allowance
$ 162.00 million
Trading account assets
$ 4.97 billion
Bank premises and fixed assets
N.A.
Other real estate owned
$ 3.00 million
Goodwill and other intangibles
$ 6.94 billion
All other assets
$ 19.91 billion
Total Assets
$ 321.42 billion
LIABILITIES
Total deposits
$ 295.29 billion
Interest-bearing deposits
$ 223.95 billion
Deposits held in domestic offices
$ 193.69 billion
% insured (estimated)
3.12%
Federal funds purchased and repurchase agreements
$ 12.16 billion
Trading liabilities
$ 2.64 billion
Other borrowed funds
$ 520.00 million
Subordinated debt
N.A.
All other liabilities
$ 8.23 billionn
Total Liabilities
$ 321.42 billion
Shareholders’ Equity
$ 27.21 billion
Summary Income Statement as of June 30, 2023
INCOME AND EXPENSES
Total Interest Income
$ 7.46 billion
Total Interest Expense
$ 5.35 billion
Net interest income
$ 2.11 billion
Provision for loan and lease losses
$ 26.00 million
Total non interest income
$ 4.48 billion
Total non interest expense
$ 4.51 billion
Pre-tax Net Operating Income
$ 1,244.00 million
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