The National Bank of Coxsackie, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The National Bank of Coxsackie is an independent, locally owned, community commercial bank founded in 1852 as the State chartered Bank of Coxsackie. In 1865 the bank took a Federal charter and its present name of National Bank of Coxsackie.

The bank first opened for business in 1853 in space it purchased and renovated at the end of Reed Street at the right hand side of the building that currently houses the Heermance Memorial Library. The bank moved to its present location at 5 Reed Street in 1869 (presently addressed as 3-7 Reed Street.)

The bank opened its first branch office in Greenville in 1966; its second location (drive-in facility only) in West Coxsackie in 1975; its third branch office in Ravena in 1976; a new full-service office with new drive-in facility in West Coxsackie in 1985 (to replace the 1975 structure); a fourth branch office in Catskill in 1987 (subsequently closed in 1993); a fifth branch office in Athens in 1992 as an acquisition from Key Bank of Eastern New York; and a sixth branch office in Cairo opened in May of 2006.

3-7 Reed Street
Coxsackie NY 12051-0400
518-731-6161
1-888-731-6161 (if outside of the 518 calling area)
518-731-2870
518-731-8499
Monday-Friday: 8:30am - 5:00pm