What is Oneida Financial Net Interest Margin (Bank Only) %?
Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Oneida Financial's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2015 was $20.34 Mil. Oneida Financial's average earning assets for the quarter that ended in Sep. 2015 was $694.89 Mil. Therefore, Oneida Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2015 was 2.93%.
Oneida Financial Net Interest Margin (Bank Only) % Historical Data
The historical data trend for Oneida Financial's Net Interest Margin (Bank Only) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Oneida Financial Net Interest Margin (Bank Only) % Chart
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Oneida Financial Annual Data
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Dec05 |
Dec06 |
Dec07 |
Dec08 |
Dec09 |
Dec10 |
Dec11 |
Dec12 |
Dec13 |
Dec14 |
| Net Interest Margin (Bank Only) % |
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3.51 |
3.55 |
3.47 |
3.30 |
3.04 |
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Oneida Financial Quarterly Data
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Dec10 |
Mar11 |
Jun11 |
Sep11 |
Dec11 |
Mar12 |
Jun12 |
Sep12 |
Dec12 |
Mar13 |
Jun13 |
Sep13 |
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Mar14 |
Jun14 |
Sep14 |
Dec14 |
Mar15 |
Jun15 |
Sep15 |
| Net Interest Margin (Bank Only) % |
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3.01 |
2.99 |
2.90 |
2.84 |
2.93 |
Competitive Comparison of Oneida Financial's Net Interest Margin (Bank Only) %
For the Banks - Regional subindustry, Oneida Financial's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Oneida Financial's Net Interest Margin (Bank Only) % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Oneida Financial's Net Interest Margin (Bank Only) % distribution charts can be found below:
* The bar in red indicates where Oneida Financial's Net Interest Margin (Bank Only) % falls into.
Oneida Financial Net Interest Margin (Bank Only) % Calculation
Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
Oneida Financial's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2014 is calculated as
where
Oneida Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2015 is calculated as
where
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: Interest Expense is the negative value.
In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data,
the Net Interest Income (for Banks) data used here is four times the quarterly (Sep. 2015) net interest income data.
Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.
Oneida Financial (Oneida Financial) Business Description
Traded in Other Exchanges
N/A
Address
Oneida Financial Corp is a Maryland corporation. The Company is the holding Company of The Oneida Savings Bank, a New York-chartered savings bank. Oneida Savings Bank's deposits are insured by the FDIC up to the maximum amount permitted by law. The Bank is a community bank engaged in the business of accepting deposits from customers through its main office and 10 full service branch offices and using those deposits, together with funds generated from operations and borrowings to make one-to-four family residential and commercial real estate loans, consumer loans and commercial business loans and to invest in mortgage-backed and other securities. Municipal deposit banking services are provided through a limited purpose commercial bank subsidiary, The State Bank of Chittenango. The Bank also sells insurance and other commercial services and products, provides employee benefit services and offers risk management services to help mitigate and prevent work related injuries through Bailey & Haskell Associates, Inc., a wholly owned subsidiary, and provides financial and investment advisory services through Oneida Wealth Management Inc., a wholly owned subsidiary. Its deposit accounts consist of savings, interest-bearing demand accounts, non-interest-bearing checking accounts, money market accounts and certificates of deposit. It also offers IRAs and other qualified plan accounts. Its primary lending area is Madison and Oneida Counties in New York and the surrounding counties and its deposit customers reside in the same area. It competes with commercial banks, savings institutions, mortgage banking firms, credit unions, finance companies, mutual funds, insurance companies, and brokerage and investment banking firms operating locally and elsewhere. The Company subject to extensive regulation, supervision and examination by the Federal Deposit Insurance Corporation, the New York State Department of Financial Services and the Federal Reserve Board.
Executives
| R Kallet Michael |
director, officer: Chairman and CEO |
182 MAIN STREET, ONEIDA NY 13421 |
| Eric Stickels |
director, officer: President and COO |
182 MAIN STREET, ONEIDA NY 13421 |
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