CFSB, National Association in Reston, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2006

  • CFSB, National Association in Reston, Virginia (VA)
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CFSB, National Association - Overview

  • General
  • FDIC Certificate #: 28251
    Status: Inactive
    Closing history: Name Change
    Acquiring institution: Citibank, National Association (#7213)
    Federal Reserve ID: 2132660
    Date Established: January 01, 1921
    WWW: http://www.citigroup.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 137 (Interstate: No)
    OTS Docket #: 1235
    FDIC's unique #: 41085
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: December 28, 1936
    Last Structure Change Effective Date: October 01, 2006
    Last Structure Change Process Date: November 09, 2006
    Last Data Update: November 09, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 11800 Spectrum Center, Reston, VA 20190
    County: Fairfax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: New York
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Merger - Without Assistance
    Name Change
  • Financial Summary
  • Total assets: $41,361.6 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, 2005)

  • Dollar figures in thousands
  • 3,762Total employees (full-time equivalent)
  • $32,934,572Total assets
  • $709,997Cash and due from depository institutions
  • $39Interest-bearing balances
  • $1,083,206Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $30,332,962Net loans & leases
  • $66,269Loan loss allowance
  • $0Trading account assets
  • $73,482Bank premises and fixed assets
  • $3,229Other real estate owned
  • $46,245Goodwill and other intangibles
  • $617Life insurance assets
  • $685,451All other assets
  • $32,934,571Total liabilities and capital
  • $30,259,557Total liabilities
  • $21,551,698Total deposits
  • $20,311,201Interest-bearing deposits
  • $21,551,698Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,482,368Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $5,664,402Other borrowed funds
  • $600,000Subordinated debt
  • $961,089All other liabilities
  • $2,675,014Total equity capital
  • $2,675,014Total bank equity capital
  • $2,675,014Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $1,790,854Undivided profits
  • Memoranda
  • $884,159Noncurrent loans and leases
  • $10,244,515Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $65,654Earning assets
  • $314Long-term assets (5+ years)
  • $159,546Average Assets, year-to-date
  • $31,416,207Average Assets, quarterly
  • $0Volatile liabilities
  • $30,341,231Insider loans
  • $32,028,974FHLB advances
  • $17,041,838Loans and leases held for sale
  • $11,060Unused loan commitments
  • $2,600,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $10,244,515Total unused commitments
  • $4,977Restructured Loans and leases
  • $666,269Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,510,118Total interest income
  • $536,893Total interest expense
  • $973,225Net interest income
  • $43,931Provision for loan and lease losses
  • $187,798Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $187,798Additional noninterest income
  • $572,206Total noninterest expense
  • $230,673Salaries and employee benefits
  • $74,115Premises and equipment expense
  • $267,418Additional noninterest expense
  • $544,886Pre-tax net operating income
  • $735Securities gains (losses)
  • $197,802Applicable income taxes
  • $347,819Income before extraordinary items
  • $0Extraordinary gains - net
  • $347,819Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $16,930Sale, conversion, retirement of capital stock, net
  • $400,000Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.25%Yield on earning assets
  • 1.87%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 1.99%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.15%Return on assets (ROA)
  • 1.80%Pretax return on assets
  • 12.83%Return on equity (ROE)
  • -1.92%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 259.49%Credit loss provision to net charge-offs
  • 34.78%Efficiency ratio
  • 49,088Assets per employee
  • 8.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 115.00%Loss allowance to loans
  • 0.22%Loss allowance to noncurrent loans
  • 100.94%Noncurrent assets plus other real estate owned to assets
  • 0.21%Noncurrent loans to loans
  • 0.22%Net loans and leases to deposits
  • 140.75%Net loans and leases to core deposits
  • 260.22%Equity capital to assets
  • 8.12%Core capital (leverage) ratio
  • 8.11%Tier 1 risk-based capital ratio
  • 10.39%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $30,341,231Average earning assets
  • $2,710,752Average equity
  • $28,765,289Average loans

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