Bank of America-Alaska, National Association in Anchorage, Alaska (AK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • Bank of America-Alaska, National Association in Anchorage, Alaska (AK)
  • Show street view No street view available for this location

Bank of America-Alaska, National Association - Overview

  • General
  • FDIC Certificate #: 20209
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#3510)
    Federal Reserve ID: 387868
    Date Established: July 01, 1970
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 13892
    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 01, 1970
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 10, 1997
    Last Data Update: January 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 550 West Seventh Avenue, Anchorage, AK 99510
    County: Anchorage
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Seattle
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Anchorage, AK (#380)
    Core Based Statistical Area (CBSA): Anchorage, AK (#11260)
    CBSA Metro Statistical Area: Anchorage, AK (#11260)
  • Financial Summary
  • Total assets: $224.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $91Total assets
  • $224,533Cash and due from depository institutions
  • $16,569Interest-bearing balances
  • $0Securities
  • $899Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $195,765Loan loss allowance
  • $5,389Trading account assets
  • $0Bank premises and fixed assets
  • $5,442Other real estate owned
  • $0Goodwill and other intangibles
  • $3,265Life insurance assets
  • $2,593All other assets
  • $0Total liabilities and capital
  • $224,533Total liabilities
  • $191,454Total deposits
  • $175,062Interest-bearing deposits
  • $132,622Deposits held in domestic offices
  • 175062.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $14,273Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,119Total equity capital
  • $2,119Total bank equity capital
  • $33,079Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $27,962Undivided profits
  • Memoranda
  • $3,117Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,013Income earned, not collected on loans
  • $1,276Earning assets
  • $196,664Long-term assets (5+ years)
  • $25,444Average Assets, year-to-date
  • $235,184Average Assets, quarterly
  • $229,160Volatile liabilities
  • $23,959Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $24,674Unused loan commitments
  • $21,993Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $28,880Total risk weighted assets
  • $189,685Total unused commitments
  • $0Restructured Loans and leases
  • $386,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,581Total interest expense
  • $6,555Net interest income
  • $11,026Provision for loan and lease losses
  • $4,150Total noninterest income
  • $3,823Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,079Trading account gains & fees
  • $0Additional noninterest income
  • $1,744Total noninterest expense
  • $13,462Salaries and employee benefits
  • $5,759Premises and equipment expense
  • $2,454Additional noninterest expense
  • $5,249Pre-tax net operating income
  • -$2,763Securities gains (losses)
  • $0Applicable income taxes
  • -$1,261Income before extraordinary items
  • -$1,502Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,502Net charge-offs
  • $2,861Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.51%Cost of funding earning assets
  • 3.17%Net interest margin
  • 5.34%Noninterest income to earning assets
  • 1.85%Noninterest expense to earning assets
  • 6.52%Net operating income to assets
  • -0.64%Return on assets (ROA)
  • -0.64%Pretax return on assets
  • -1.17%Return on equity (ROE)
  • -4.59%Retained earnings to average equity (YTD only)
  • -4.59%Net charge-offs to loans
  • 1.36%Credit loss provision to net charge-offs
  • 145.05%Efficiency ratio
  • 87,824Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 134.29%Noncurrent assets plus other real estate owned to assets
  • 1.79%Noncurrent loans to loans
  • 1.99%Net loans and leases to deposits
  • 111.83%Net loans and leases to core deposits
  • 118.38%Equity capital to assets
  • 14.73%Core capital (leverage) ratio
  • 13.00%Tier 1 risk-based capital ratio
  • 15.23%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $235,184Average earning assets
  • $32,752Average equity
  • $206,605Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Bank of America-Alaska, National Association.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents