Citibank (Nevada), National Association in Las Vegas, Nevada (NV)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2006

  • Citibank (Nevada), National Association in Las Vegas, Nevada (NV)
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Citibank (Nevada), National Association - Overview

  • General
  • FDIC Certificate #: 26211
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citibank (South Dakota), N.A. (#23360)
    Federal Reserve ID: 455365
    Date Established: April 15, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 32541
    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: April 15, 1985
    Last Structure Change Effective Date: October 01, 2006
    Last Structure Change Process Date: October 18, 2006
    Last Data Update: October 18, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 8725 West Sahara, Las Vegas, NV 89109
    County: Clark
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120)
    Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332)
    Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820)
    CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
  • Financial Summary
  • Total assets: $13,949.1 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
  • 1,546Total employees (full-time equivalent)
  • $16,548,136Total assets
  • $514,942Cash and due from depository institutions
  • $100Interest-bearing balances
  • $815,577Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $12,726,124Net loans & leases
  • $510,080Loan loss allowance
  • $0Trading account assets
  • $19,277Bank premises and fixed assets
  • $0Other real estate owned
  • $1,561,187Goodwill and other intangibles
  • $0Life insurance assets
  • $911,029All other assets
  • $16,548,136Total liabilities and capital
  • $13,156,971Total liabilities
  • $6,055,011Total deposits
  • $6,016,316Interest-bearing deposits
  • $6,055,011Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $532,555Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,650,000Other borrowed funds
  • $700,000Subordinated debt
  • $1,219,405All other liabilities
  • $3,391,165Total equity capital
  • $3,391,165Total bank equity capital
  • $3,391,165Perpetual preferred stock
  • $0Common stock
  • $75,000Surplus
  • $928,771Undivided profits
  • Memoranda
  • $2,387,394Noncurrent loans and leases
  • $678,233Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $300,213Earning assets
  • $0Long-term assets (5+ years)
  • $219,482Average Assets, year-to-date
  • $13,541,801Average Assets, quarterly
  • $1,831Volatile liabilities
  • $17,245,433Insider loans
  • $16,444,176FHLB advances
  • $1,092,555Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $5,428,512Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $678,233Total unused commitments
  • $0Restructured Loans and leases
  • $1,007,881Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $1,996,921Total interest income
  • $376,220Total interest expense
  • $1,620,701Net interest income
  • $800,455Provision for loan and lease losses
  • $2,128,665Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • -$26,906Trading account gains & fees
  • $2,155,571Additional noninterest income
  • $1,644,144Total noninterest expense
  • $74,029Salaries and employee benefits
  • $23,763Premises and equipment expense
  • $1,546,352Additional noninterest expense
  • $1,304,767Pre-tax net operating income
  • $0Securities gains (losses)
  • $457,661Applicable income taxes
  • $847,106Income before extraordinary items
  • $0Extraordinary gains - net
  • $847,106Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $794,955Sale, conversion, retirement of capital stock, net
  • $2,300,000Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 14.14%Yield on earning assets
  • 2.66%Cost of funding earning assets
  • 11.48%Net interest margin
  • 15.08%Noninterest income to earning assets
  • 11.64%Noninterest expense to earning assets
  • 4.91%Net operating income to assets
  • 4.91%Return on assets (ROA)
  • 7.57%Pretax return on assets
  • 21.29%Return on equity (ROE)
  • -36.51%Retained earnings to average equity (YTD only)
  • 5.89%Net charge-offs to loans
  • 100.69%Credit loss provision to net charge-offs
  • 2.65%Efficiency ratio
  • 41,764Assets per employee
  • 10.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 271.51%Loss allowance to loans
  • 3.85%Loss allowance to noncurrent loans
  • 169.91%Noncurrent assets plus other real estate owned to assets
  • 1.81%Noncurrent loans to loans
  • 2.27%Net loans and leases to deposits
  • 210.18%Net loans and leases to core deposits
  • 210.52%Equity capital to assets
  • 20.49%Core capital (leverage) ratio
  • 15.16%Tier 1 risk-based capital ratio
  • 12.31%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $17,245,433Average earning assets
  • $3,979,594Average equity
  • $14,120,018Average loans

Bank Assets Sold and Securitized (December 31, 2005)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $27,786,494Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

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