First USA Federal Savings Bank in city_name, state_name - Detailed Financial Reports, Location

First USA Federal Savings Bank in Wilmington, Delaware (DE)
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First USA Federal Savings Bank - Overview

General
FDIC Certificate #: 34168
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Bank One, National Association (#6559)
Federal Reserve ID: 2457484
Date Established: May 03, 1996
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 13363
FDIC's unique #: 56825
Numeric code: 33
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: May 03, 1996
Last Structure Change Effective Date: April 01, 1998
Last Structure Change Process Date: April 22, 1998
Last Data Update: April 22, 1998
Data Source Date: April 05, 2012
Location
Address: Three Christiana Center, 201 North Walnut Street, Wilmington, DE 19801
County: New Castle
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: Chicago
FDIC Field Office: Claymont
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Wilmington-Newark, DE-MD (#9160)
Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77)
Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428)
Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980)
Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864)
Financial Summary
Total assets: $1,049.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
240Total employees (full-time equivalent)
$1,017,429Total assets
$5,383Cash and due from depository institutions
$173Interest-bearing balances
$481,150Securities
$0Federal funds sold & reverse repurchase agreements
$508,431Net loans & leases
$10,586Loan loss allowance
$0Trading account assets
$5,610Bank premises and fixed assets
$0Other real estate owned
$222Goodwill and other intangibles
$0Life insurance assets
$16,633All other assets
$1,017,429Total liabilities and capital
$954,855Total liabilities
$658,559Total deposits
$658,559Interest-bearing deposits
$658,559Deposits held in domestic offices
0.00%% insured (estimated)
$152,464Federal funds purchased & repurchase agreements
$0Trading liabilities
$133,700Other borrowed funds
$0Subordinated debt
$10,132All other liabilities
$62,574Total equity capital
$62,574Total bank equity capital
$62,574Perpetual preferred stock
$0Common stock
$1Surplus
$79,249Undivided profits
Memoranda
$-16,676Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,414Earning assets
$0Long-term assets (5+ years)
$3,285Average Assets, year-to-date
$989,754Average Assets, quarterly
$0Volatile liabilities
$639,542Insider loans
$970,193FHLB advances
$887,892Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,593Total unused commitments
$0Restructured Loans and leases
$645,471Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$56,869Total interest income
$31,129Total interest expense
$25,740Net interest income
$11,746Provision for loan and lease losses
$2,888Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2,888Additional noninterest income
$42,509Total noninterest expense
$11,194Salaries and employee benefits
$9,680Premises and equipment expense
$21,635Additional noninterest expense
-$25,627Pre-tax net operating income
$3,111Securities gains (losses)
-$7,878Applicable income taxes
-$14,638Income before extraordinary items
$0Extraordinary gains - net
-$14,638Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,747Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.23%Yield on earning assets
5.05%Cost of funding earning assets
4.18%Net interest margin
0.47%Noninterest income to earning assets
6.90%Noninterest expense to earning assets
-2.61%Net operating income to assets
-2.29%Return on assets (ROA)
-3.52%Pretax return on assets
-33.74%Return on equity (ROE)
-33.74%Retained earnings to average equity (YTD only)
0.92%Net charge-offs to loans
427.59%Credit loss provision to net charge-offs
-5.05%Efficiency ratio
148,487Assets per employee
4.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.04%Loss allowance to noncurrent loans
748.66%Noncurrent assets plus other real estate owned to assets
0.14%Noncurrent loans to loans
0.27%Net loans and leases to deposits
77.20%Net loans and leases to core deposits
894.64%Equity capital to assets
6.15%Core capital (leverage) ratio
6.07%Tier 1 risk-based capital ratio
9.56%Total risk-based capital ratio
Memoranda
$11Average assets
$639,542Average earning assets
$43,385Average equity
$616,273Average loans

First USA Federal Savings Bank in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches

First USA Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First USA Federal Savings Bank in Wilmington, Delaware (DE)Overview, Financial Summary, Detailed Financial Reports, Branches

First USA Federal Savings Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

First USA Federal Savings Bank in Wilmington, Delaware (DE)
Overview, Financial Summary, Detailed Financial Reports, Branches