Charter One Bank, National Association in city_name, state_name

Charter One Bank, National Association in Cleveland, Ohio (OH)
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Charter One Bank, National Association - Overview

General
FDIC Certificate #: 28932
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: RBS Citizens, National Association (#57957)
Federal Reserve ID: 897273
Date Established: May 01, 1934
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 495 (Interstate: No)
OTS Docket #: 2641
FDIC's unique #: 41766
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: October 30, 1934
Last Structure Change Effective Date: September 01, 2007
Last Structure Change Process Date: September 19, 2007
Last Data Update: September 19, 2007
Data Source Date: April 05, 2012
Location
Address: 1215 Superior Avenue, Cleveland, OH 44114
County: Cuyahoga
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: New York
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Cleveland-Lorain-Elyria, OH (#1680)
Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460)
CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
Financial Summary
Total assets: $46,376.3 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, 2006)

Dollar figures in thousands
5,380Total employees (full-time equivalent)
$45,991,789Total assets
$886,259Cash and due from depository institutions
$27,305Interest-bearing balances
$4,319,787Securities
$1,500,000Federal funds sold & reverse repurchase agreements
$31,257,482Net loans & leases
$213,839Loan loss allowance
$23,182Trading account assets
$245,254Bank premises and fixed assets
$89,575Other real estate owned
$5,589,952Goodwill and other intangibles
$100,077Life insurance assets
$2,080,298All other assets
$45,991,789Total liabilities and capital
$37,966,577Total liabilities
$21,276,266Total deposits
$20,020,882Interest-bearing deposits
$20,372,137Deposits held in domestic offices
0.00%% insured (estimated)
$530,289Federal funds purchased & repurchase agreements
$10,133Trading liabilities
$14,201,273Other borrowed funds
$625,244Subordinated debt
$1,323,372All other liabilities
$8,025,212Total equity capital
$8,025,212Total bank equity capital
$8,025,212Perpetual preferred stock
$0Common stock
$0Surplus
$7,254,176Undivided profits
Memoranda
$771,036Noncurrent loans and leases
$8,549,235Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$135,119Earning assets
$13,724Long-term assets (5+ years)
$184,703Average Assets, year-to-date
$37,104,574Average Assets, quarterly
$18,062,195Volatile liabilities
$44,731,942Insider loans
$46,180,481FHLB advances
$8,404,421Loans and leases held for sale
$1,019Unused loan commitments
$12,676,964Tier 1 (core) risk-based capital
$17,073,032Tier 2 risk-based capital
$620,914Total risk weighted assets
$8,549,235Total unused commitments
$0Restructured Loans and leases
$789,934Derivatives

Income and Expense (December 31, 2006)

Dollar figures in thousands
$2,203,966Total interest income
$1,266,616Total interest expense
$937,350Net interest income
$48,301Provision for loan and lease losses
$579,231Total noninterest income
$28Fiduciary activities
$196,040Service charges on deposit accounts
$9,678Trading account gains & fees
$373,485Additional noninterest income
$872,653Total noninterest expense
$391,723Salaries and employee benefits
$145,701Premises and equipment expense
$335,229Additional noninterest expense
$595,627Pre-tax net operating income
-$7,494Securities gains (losses)
$191,653Applicable income taxes
$396,480Income before extraordinary items
$0Extraordinary gains - net
$396,480Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$71,517Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2006)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
3.52%Cost of funding earning assets
2.60%Net interest margin
1.61%Noninterest income to earning assets
2.43%Noninterest expense to earning assets
0.90%Net operating income to assets
0.89%Return on assets (ROA)
1.31%Pretax return on assets
5.06%Return on equity (ROE)
5.06%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
67.54%Credit loss provision to net charge-offs
9.00%Efficiency ratio
53,720Assets per employee
8.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.68%Loss allowance to noncurrent loans
158.26%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.43%Net loans and leases to deposits
146.91%Net loans and leases to core deposits
197.14%Equity capital to assets
17.45%Core capital (leverage) ratio
6.51%Tier 1 risk-based capital ratio
9.00%Total risk-based capital ratio
Memoranda
$12Average assets
$44,731,942Average earning assets
$7,841,389Average equity
$35,985,214Average loans

Total Fiduciary and Related Assets (December 31, 2006)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$383Managed Assets
1Number of Accounts
$383Personal trust and agency accounts
$383Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
6Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices

Charter One Bank, National Association in Cleveland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

Charter One Bank, National Association - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2006)

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

Charter One Bank, National Association in Cleveland, Ohio (OH)Overview, Financial Summary, Detailed Financial Reports, Branches

Charter One Bank, National Association - Overview

Assets and Liabilities (December 31, 2006)

Income and Expense (December 31, 2006)

Performance and Condition Ratios (December 31, 2006)

Total Fiduciary and Related Assets (December 31, 2006)

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

Charter One Bank, National Association in Cleveland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches