Bank of America, Federal Savings Bank in city_name, state_name

Bank of America, Federal Savings Bank in Honolulu, Hawaii (HI)
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Bank of America, Federal Savings Bank - Overview

General
FDIC Certificate #: 33151
Status: Inactive
Closing history: Corrections
Acquiring institution: Bank of America Utah, National Association (#9575)
Federal Reserve ID: 2131775
Date Established: September 07, 1990
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8939
FDIC's unique #: 46388
Numeric code: 34
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: September 07, 1990
Last Structure Change Effective Date: January 01, 1995
Last Structure Change Process Date: Febuary 27, 1995
Last Data Update: March 25, 1996
Data Source Date: April 05, 2012
Location
Address: 1099 Alakea Street, Honolulu, HI 96813
County: Honolulu
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: San Francisco
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Honolulu, HI (#3320)
Core Based Statistical Area (CBSA): Honolulu, HI (#26180)
CBSA Metro Statistical Area: Honolulu, HI (#26180)
History of Changes
Merger - Without Assistance
Corrections
Office Sold
Financial Summary
Total assets: $4,478.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$2,599Total assets
$4,478,937Cash and due from depository institutions
$108,092Interest-bearing balances
$727Securities
$236,637Federal funds sold & reverse repurchase agreements
$85,000Net loans & leases
$3,612,062Loan loss allowance
$133,182Trading account assets
$0Bank premises and fixed assets
$56,563Other real estate owned
$130Goodwill and other intangibles
$100,986Life insurance assets
$279,467All other assets
$0Total liabilities and capital
$4,478,937Total liabilities
$3,997,078Total deposits
$1,615,837Interest-bearing deposits
$1,471,264Deposits held in domestic offices
1615837.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,203,812Subordinated debt
$60,000All other liabilities
$117,429Total equity capital
$117,429Total bank equity capital
$481,859Perpetual preferred stock
$0Common stock
$5Surplus
$458,971Undivided profits
Memoranda
$22,883Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$38,852Income earned, not collected on loans
$24,385Earning assets
$3,934,426Long-term assets (5+ years)
$0Average Assets, year-to-date
$3,931,681Average Assets, quarterly
$4,424,187Volatile liabilities
$2,503,105Insider loans
$0FHLB advances
$2,172Loans and leases held for sale
$0Unused loan commitments
$351,782Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$366,271Total risk weighted assets
$3,638,524Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$300,050Total interest expense
$121,236Net interest income
$178,814Provision for loan and lease losses
$59,103Total noninterest income
$87,045Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$87,045Total noninterest expense
$200,405Salaries and employee benefits
$87,322Premises and equipment expense
$36,512Additional noninterest expense
$76,571Pre-tax net operating income
$6,351Securities gains (losses)
$15,945Applicable income taxes
$10,709Income before extraordinary items
$11,587Extraordinary gains - net
$0Net income attributable to bank
$11,587Net charge-offs
$20,726Cash dividends
$0Sale, conversion, retirement of capital stock, net
$20,299Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.66%Cost of funding earning assets
3.50%Net interest margin
5.16%Noninterest income to earning assets
2.51%Noninterest expense to earning assets
5.79%Net operating income to assets
0.04%Return on assets (ROA)
0.29%Pretax return on assets
0.57%Return on equity (ROE)
2.48%Retained earnings to average equity (YTD only)
2.48%Net charge-offs to loans
0.64%Credit loss provision to net charge-offs
285.16%Efficiency ratio
71,714Assets per employee
1.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.56%Loss allowance to noncurrent loans
342.79%Noncurrent assets plus other real estate owned to assets
0.87%Noncurrent loans to loans
1.04%Net loans and leases to deposits
223.54%Net loans and leases to core deposits
274.36%Equity capital to assets
10.76%Core capital (leverage) ratio
8.40%Tier 1 risk-based capital ratio
10.07%Total risk-based capital ratio
Memoranda
$13Average assets
$3,931,681Average earning assets
$466,502Average equity
$3,463,629Average loans

Bank of America, Federal Savings Bank in Honolulu, Hawaii (HI)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of America, Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Bank of America, Federal Savings Bank in Honolulu, Hawaii (HI)Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of America, Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

Bank of America, Federal Savings Bank in Honolulu, Hawaii (HI)
Overview, Financial Summary, Detailed Financial Reports, Branches