Associated Card Services Bank, National Association - Overview
General
FDIC Certificate #: 34208 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Associated Bank, National Association (#5296) Federal Reserve ID: 2482730 Date Established: July 19, 1996 WWW:http://www.associatedbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 56966 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: July 19, 1996 Last Structure Change Effective Date: September 12, 2003 Last Structure Change Process Date: October 28, 2003 Last Data Update: October 28, 2003 Data Source Date: April 05, 2012
Location
Address: 1305 Main Street, Stevens Point, WI 54481 County: Portage Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Appleton Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Core Based Statistical Area (CBSA): Stevens Point, WI (#44620) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $26.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2002)
Dollar figures in thousands
61Total employees (full-time equivalent)
$23,017Total assets
$14,815Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$4,730Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,472All other assets
$23,017Total liabilities and capital
$14,827Total liabilities
$500Total deposits
$0Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$14,327All other liabilities
$8,190Total equity capital
$8,190Total bank equity capital
$8,190Perpetual preferred stock
$0Common stock
$108Surplus
$6,892Undivided profits
Memoranda
$1,190Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$4,730Average Assets, quarterly
$0Volatile liabilities
$29,076Insider loans
$28,964FHLB advances
$500Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$137Total interest income
$30Total interest expense
$107Net interest income
$0Provision for loan and lease losses
$22,409Total noninterest income
$0Fiduciary activities
$1Service charges on deposit accounts
$0Trading account gains & fees
$22,408Additional noninterest income
$17,404Total noninterest expense
$1,575Salaries and employee benefits
$114Premises and equipment expense
$15,715Additional noninterest expense
$5,112Pre-tax net operating income
$0Securities gains (losses)
$1,868Applicable income taxes
$3,244Income before extraordinary items
$0Extraordinary gains - net
$3,244Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$5,000Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.44%Yield on earning assets
0.32%Cost of funding earning assets
1.13%Net interest margin
236.12%Noninterest income to earning assets
183.38%Noninterest expense to earning assets
11.16%Net operating income to assets
11.16%Return on assets (ROA)
17.58%Pretax return on assets
30.67%Return on equity (ROE)
-16.60%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
77,296Assets per employee
0.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
154.13%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
35.58%Core capital (leverage) ratio
24.42%Tier 1 risk-based capital ratio
114.21%Total risk-based capital ratio
Memoranda
$114Average assets
$29,076Average earning assets
$10,577Average equity
$9,491Average loans
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Associated Card Services Bank, National Association
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