Ulster Savings Bank
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Data as of · sourced from FFIEC call reports. How we update
Ulster Savings Bank is an FDIC-insured savings bank headquartered in Kingston, NY, established in 1851 (FDIC certificate 15970), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $1.39B, up 0.7% from Q2 2025, the 45th largest of 105 banks headquartered in New York. Its CET1 capital ratio was 13.97% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 15970
- Headquarters
- Kingston, NY
- Established
- 1851
- Total assets, Q2 2026
- $1.39B
- Assets vs Q2 2025
- +0.7%
- CET1 ratio, Q2 2026
- 13.97%
- Domestic offices
- 15 FDIC institution directory, current count
- Routing number
- 221971264
- Latest call report
- Q2 2026, FFIEC 041 · Ulster Savings Bank call report
- Asset rank in state
- 45th of 105 in New York
Ulster Savings Bank spends more to run itself than most banks of its size. It reported $1.4 billion in assets at June 30, 2026. It earns about $0.51 a year on every $100 of assets, about a third the median of $1.29 for the 895 banks with $1 billion to $10 billion in assets. It also spends about 83 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 58 cents).
Earnings jumped: net income for the quarter was $1.8 million, 32% above the same quarter a year earlier. Unrealized losses on its securities total $24 million, equal to 17% of Tier 1 capital, against 21% a year earlier. Credit is the area to watch: it carries problem assets equal to 12.1% of the capital and reserves that would absorb them, about triple the median of 3.6% for banks its size.
As of June 30, 2026, Ulster Savings Bank reported a CET1 capital ratio of 13.97%, a return on assets of 0.51%, a nonperforming-loan ratio of 1.54% and a Texas ratio of 12.06%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Ulster Savings Bank is the 45th largest of the 105 banks headquartered in New York. From Q1 2026 to Q2 2026, its total assets rose 1.5% to $1.39B, loans fell 0.1% and deposits rose 1.4%. 1-4 family residential loans made up 57.4% of its total loans on June 30, 2026, its largest category; next came owner-occupied commercial real estate loans at 13.1%. The FDIC Summary of Deposits lists 15 offices for it, in 13 cities in NY; its Kingston 2 offices book 26% of its branch deposits. Judged on its Q2 2026 call report, Ulster Savings Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 180 Schwenk Dr, Kingston, NY 12401
- County
- Ulster
- Metro Area
- Kingston, NY
- Charter
- State-chartered stock savings bank, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 2, New York
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- April 13, 1851
- Former names
- Ulster County Savings Bank (1971-1972)
- Domestic offices
- 15 FDIC institution directory, current count
- Employees (FTE)
- 236
- Domestic deposits
- $1.24B
- Allowance for credit losses
- $11.4M
- Net charge-offs (YTD)
- $162K
- Average total assets
- $1.41B
- Average total loans
- $1.05B
- Average interest-bearing deposits
- $1.18B
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- July 1, 1943
- FDIC Cert
- 15970
- Fed RSSD
- 301800
- Website
- www.ulstersavings.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Ulster Savings Bank's total assets ran between $1.30B (Q3 2023) and $1.39B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$1.39B total assets against $1.38B; $1.27B total liabilities against $1.27B.
$1.03B net loans and leases against $1.01B; $1.24B total deposits against $1.22B.
$152.1M securities against $174.2M; $114.4M cash and balances due against $109.9M.
$15.5M total interest income against $14.9M; $5.0M total interest expense against $5.5M.
$10.5M net interest income against $9.4M.
$3.9M total noninterest income against $3.7M; $12.0M total noninterest expense against $11.4M.
$176K provision for credit losses against $0.
$1.8M net income against $1.4M.
0.51% return on assets against 0.39%; 3.19% net interest margin against 2.90%.
13.97% CET1 capital ratio against 13.68%; 9.79% tier 1 leverage ratio against 9.40%.
Inside the full Ulster Savings Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeUlster Savings Bank rankings
Its closest position to the top of a national ranking is 473 of 3,640, for Texas Ratio; its furthest is 3,336 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 0.24% (Q3 2024) to 0.59% (Q1 2026) and its net interest margin ran from 2.60% (Q4 2024) to 3.19% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.97% | 0.51% | 1.54% | 12.06% | 3.19% |
| Q1 2026 | 14.24% | 0.59% | 1.37% | 10.87% | 3.18% |
| Q4 2025 | 13.84% | 0.55% | 1.35% | 10.91% | 3.11% |
| Q3 2025 | 13.92% | 0.48% | 1.43% | 11.47% | 2.96% |
| Q2 2025 | 13.68% | 0.39% | 1.42% | 11.68% | 2.90% |
| Q1 2025 | 13.58% | 0.28% | 1.64% | 13.81% | 2.75% |
| Q4 2024 | 13.54% | 0.31% | 1.02% | 8.86% | 2.60% |
| Q3 2024 | 13.45% | 0.24% | 0.77% | 6.59% | 2.62% |
Swipe the table sideways to see every column.
Branch Network
View all 15 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Ulster Savings Bank (main office) | Kingston , NY | 12401 | $216.9M |
| New Paltz Branch | New Paltz , NY | 12561 | $199.4M |
| Stone Ridge Branch | Stone Ridge , NY | 12484 | $147.5M |
| Wall Street Branch | Kingston , NY | 12401 | $105.1M |
| Poughkeepsie Ii Branch | Poughkeepsie , NY | 12601 | $80.5M |
| Woodstock Branch | Woodstock , NY | 12498 | $67.3M |
| Phoenicia Branch | Phoenicia , NY | 12464 | $66.0M |
| Saugerties Branch | Saugerties , NY | 12477 | $60.3M |
| Gardiner Branch | Gardiner , NY | 12525 | $55.7M |
| Poughkeepsie Branch | Poughkeepsie , NY | 12603 | $53.2M |
| Newburgh Office Branch | Newburgh , NY | 12550 | $52.7M |
| Red Hook Branch | Red Hook , NY | 12571 | $50.0M |
| Lake Katrine Branch | Lake Katrine , NY | 12449 | $33.5M |
| Wappingers Falls Branch | Wappingers Falls , NY | 12590 | $28.6M |
| Hyde Park Branch Office | Hyde Park , NY | 12538 | $20.4M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in NY, rank 70 of 176 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $3.5M approved, $3.5M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2021 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Ulster Savings Bank
What are Ulster Savings Bank's total assets?
As of the Q2 2026 filing, Ulster Savings Bank reported total assets of $1.39 billion in its FFIEC call report.
Where is Ulster Savings Bank headquartered?
It is headquartered in Kingston, NY, United States.
When was Ulster Savings Bank founded?
It was established in 1851, per the FDIC institution directory.
Is Ulster Savings Bank FDIC-insured?
Yes. It is an FDIC-insured savings bank (FDIC Certificate #15970). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Ulster Savings Bank?
Ulster Savings Bank's primary federal regulator is the FDIC.
What is Ulster Savings Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.97% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Ulster Savings Bank operate?
It operates 15 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Ulster Savings Bank's Texas Ratio?
Its Texas Ratio is 12.06% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Ulster Savings Bank previously called?
The charter now named Ulster Savings Bank has also operated as Ulster County Savings Bank (1971-1972), per FDIC structure-change records.
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