Magna Bank, National Association in Brentwood, Missouri (MO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 09, 1998

  • Magna Bank, National Association in Brentwood, Missouri (MO)
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Magna Bank, National Association - Overview

  • General
  • FDIC Certificate #: 20606
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 203940
    Date Established: January 31, 1972
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 151 (Interstate: No)
    OTS Docket #: 11328
    FDIC's unique #: 14221
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 31, 1972
    Last Structure Change Effective Date: October 09, 1998
    Last Structure Change Process Date: October 20, 1998
    Last Data Update: October 20, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1401 South Brentwood Boulevard, Brentwood, MO 63144
    County: St. Louis
    Quarterly Banking Profile Region: Kansas City
    FDIC Geographic Region: Kansas City
    FDIC Supervisory Region: Dallas
    FDIC Field Office: St. Louis
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): St. Louis, MO-IL (#7040)
    Combined Statistical Area (CSA): St. Louis-St. Charles-Farmington, MO-IL (#476)
    Core Based Statistical Area (CBSA): St. Louis, MO-IL (#41180)
    CBSA Metro Statistical Area: St. Louis, MO-IL (#41180)
  • Financial Summary
  • Total assets: $7,184.6 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
  • 1,679Total employees (full-time equivalent)
  • $7,041,024Total assets
  • $256,159Cash and due from depository institutions
  • $8,227Interest-bearing balances
  • $1,984,622Securities
  • $39,975Federal funds sold & reverse repurchase agreements
  • $4,424,373Net loans & leases
  • $59,439Loan loss allowance
  • $0Trading account assets
  • $114,466Bank premises and fixed assets
  • $1,950Other real estate owned
  • $121,815Goodwill and other intangibles
  • $0Life insurance assets
  • $97,664All other assets
  • $7,041,024Total liabilities and capital
  • $6,429,352Total liabilities
  • $5,446,798Total deposits
  • $4,732,398Interest-bearing deposits
  • $5,446,798Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $744,293Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $178,616Other borrowed funds
  • $0Subordinated debt
  • $59,645All other liabilities
  • $611,672Total equity capital
  • $611,672Total bank equity capital
  • $611,672Perpetual preferred stock
  • $0Common stock
  • $54,505Surplus
  • $432,861Undivided profits
  • Memoranda
  • $124,306Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $46,099Earning assets
  • $570Long-term assets (5+ years)
  • $29,738Average Assets, year-to-date
  • $6,457,197Average Assets, quarterly
  • $1,406,282Volatile liabilities
  • $6,970,541Insider loans
  • $7,022,731FHLB advances
  • $1,540,553Loans and leases held for sale
  • $88,529Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,505Total risk weighted assets
  • $834,414Total unused commitments
  • $0Restructured Loans and leases
  • $4,487,526Derivatives
  • $151,908Total assets and liabilities in foreign offices

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $489,738Total interest income
  • $250,320Total interest expense
  • $239,418Net interest income
  • $28,947Provision for loan and lease losses
  • $69,266Total noninterest income
  • $12,860Fiduciary activities
  • $26,104Service charges on deposit accounts
  • -$5Trading account gains & fees
  • $30,307Additional noninterest income
  • $167,986Total noninterest expense
  • $61,678Salaries and employee benefits
  • $24,556Premises and equipment expense
  • $81,752Additional noninterest expense
  • $111,751Pre-tax net operating income
  • $2,583Securities gains (losses)
  • $38,793Applicable income taxes
  • $75,541Income before extraordinary items
  • $0Extraordinary gains - net
  • $75,541Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $28,036Sale, conversion, retirement of capital stock, net
  • $28,522Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.66%Yield on earning assets
  • 3.92%Cost of funding earning assets
  • 3.75%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • 1.06%Net operating income to assets
  • 1.08%Return on assets (ROA)
  • 1.64%Pretax return on assets
  • 13.34%Return on equity (ROE)
  • 8.30%Retained earnings to average equity (YTD only)
  • 0.63%Net charge-offs to loans
  • 103.25%Credit loss provision to net charge-offs
  • 5.02%Efficiency ratio
  • 51,696Assets per employee
  • 4.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 37.76%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 128.94%Noncurrent assets plus other real estate owned to assets
  • 0.68%Noncurrent loans to loans
  • 1.03%Net loans and leases to deposits
  • 81.23%Net loans and leases to core deposits
  • 93.98%Equity capital to assets
  • 8.69%Core capital (leverage) ratio
  • 7.07%Tier 1 risk-based capital ratio
  • 10.87%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $6,970,541Average earning assets
  • $566,436Average equity
  • $6,392,607Average loans

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