Financial Institutions Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

Financial Institutions Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between Financial Institutions Inc. and its competitors. This provides our Clients with a clear understanding of Financial Institutions Inc. position in the Banks and Thrifts Industry.

• The report contains detailed information about Financial Institutions Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for Financial Institutions Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The Financial Institutions Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes Financial Institutions Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Financial Institutions Inc. business.

About Financial Institutions Inc.

Financial Institutions, Inc. operates as the holding company for Five Star Bank that provides consumer and commercial banking, and financial services to individuals, municipalities, and businesses in central and western New York.

The company provides services through a network of 51 offices and approximately 70 ATMs in 14 contiguous counties of western and central New York, including Allegany, Cattaraugus, Cayuga, Chautauqua, Chemung, Erie, Genesee, Livingston, Monroe, Ontario, Seneca, Steuben, Wyoming, and Yates Counties.

Lending Activities

The company offers a range of loans, including commercial and agricultural working capital and revolving lines of credit, commercial and agricultural mortgages, equipment loans, crop and livestock loans, residential mortgage loans and home equity loans and lines of credit, home improvement loans, automobile loans, and personal loans.

Commercial, Commercial Real Estate, and Agricultural Lending

The company originates commercial loans in its primary market areas and underwrites them based on the borrower’s ability to service the loan from operating income. It offers a range of commercial lending products, including term loans and lines of credit. Short and medium-term commercial loans, primarily collateralized, are made available to businesses for working capital (including inventory and receivables), business expansion (including acquisition of real estate, expansion and improvements) and the purchase of equipment.

In addition to commercial loans secured by real estate, the company makes commercial real estate loans to finance the purchase of real property, which generally consists of real estate with completed structures. Agricultural loans are offered for short-term crop production, farm equipment and livestock financing and agricultural real estate financing, including term loans and lines of credit. Short and medium-term agricultural loans, primarily collateralized, are made available for working capital (crops and livestock), business expansion (including acquisition of real estate, expansion and improvement), and the purchase of equipment.

Government Guarantee Programs

The company participates in government loan guarantee programs offered by the Small Business Administration (SBA), the U.S. Department of Agriculture, Rural Economic and Community Development, and Farm Service Agency.

Consumer Lending

The company offers various loan products to its consumer customers located in Western and Central New York, including home equity loans and lines of credit, automobile loans, secured installment loans and various other types of secured and unsecured personal loans. It indirectly originates, through dealers, consumer indirect automobile loans. The consumer indirect loan portfolio consists of new and used automobile loans with terms that typically range from 36 to 84 months.

The company also originates, independently of the indirect loans, consumer automobile loans, recreational vehicle loans, boat loans, home improvement loans, closed-end home equity loans, home equity lines of credit, personal loans (collateralized and uncollateralized), and deposit account collateralized loans. The majority of the consumer lending program is underwritten on a secured basis using the customer’s home or the financed automobile, mobile home, boat or recreational vehicle as collateral.

Residential Mortgage Lending

The company originates fixed and variable rate one-to-four family residential mortgages collateralized by owner-occupied properties located in its market areas. It offers various real estate loan products, which are generally amortized for periods of approximately 30 years. The company sells certain one-to-four family residential mortgages to the secondary mortgage market and typically retains the right to service the mortgages.

Investment Activities

The company’s investment portfolio includes the U.S. treasury securities; U.S. government agency securities and U.S. government-sponsored enterprise (GSE) securities; mortgage-backed securities (MBS), including mortgage-backed pass-through securities (pass-throughs) and collateralized mortgage obligations (CMO); investment grade municipal securities, including revenue, tax and bond anticipation notes, statutory installment notes and general obligation bonds; un-rated securities issued by municipalities; certificates of deposit; equity securities at the holding company level; and limited partnership investments in small business investment companies (SBIC).

Deposits

The company’s deposits include noninterest-bearing demand, interest-bearing demand, savings, money market, club accounts, and certificates of deposit.

History

Financial Institutions, Inc. was founded in 1931.