Nationsbank of DC, National Association in Washington, District Of Columbia (DC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 29, 1994

  • Nationsbank of DC, National Association in Washington, District Of Columbia (DC)
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Nationsbank of DC, National Association - Overview

  • General
  • FDIC Certificate #: 18603
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Maryland National Bank (#23761)
    Federal Reserve ID: 684820
    Date Established: October 02, 1962
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    FDIC's unique #: 12489
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 02, 1962
    Last Structure Change Effective Date: April 29, 1994
    Last Structure Change Process Date: May 19, 1994
    Last Data Update: May 19, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1801 K Street, N.W., Washington, DC 20006
    County: District Of Columbia
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: Baltimore
    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)
  • Financial Summary
  • Total assets: $711.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $195Total assets
  • $726,101Cash and due from depository institutions
  • $49,636Interest-bearing balances
  • $0Securities
  • $57,244Federal funds sold & reverse repurchase agreements
  • $108,000Net loans & leases
  • $462,537Loan loss allowance
  • $70,995Trading account assets
  • $0Bank premises and fixed assets
  • $6,359Other real estate owned
  • $10,898Goodwill and other intangibles
  • $31,427Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $726,101Total liabilities
  • $666,046Total deposits
  • $643,950Interest-bearing deposits
  • $367,598Deposits held in domestic offices
  • 643950.00%% insured (estimated)
  • $57Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $8,261Subordinated debt
  • $0All other liabilities
  • $13,835Total equity capital
  • $13,835Total bank equity capital
  • $60,055Perpetual preferred stock
  • $0Common stock
  • $2,184Surplus
  • $149,568Undivided profits
  • Memoranda
  • $-91,697Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $31,913Income earned, not collected on loans
  • $1,907Earning assets
  • $627,781Long-term assets (5+ years)
  • $49,184Average Assets, year-to-date
  • $706,919Average Assets, quarterly
  • $694,380Volatile liabilities
  • $25,640Insider loans
  • $16,884FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $189,313Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $59,997Total risk weighted assets
  • $622,008Total unused commitments
  • $0Restructured Loans and leases
  • $756Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $42,403Total interest expense
  • $10,507Net interest income
  • $31,896Provision for loan and lease losses
  • $140Total noninterest income
  • $8,504Fiduciary activities
  • $1,844Service charges on deposit accounts
  • $4,794Trading account gains & fees
  • -$2Additional noninterest income
  • $1,868Total noninterest expense
  • $36,880Salaries and employee benefits
  • $7,012Premises and equipment expense
  • $4,600Additional noninterest expense
  • $25,268Pre-tax net operating income
  • $3,380Securities gains (losses)
  • $0Applicable income taxes
  • $1,394Income before extraordinary items
  • $1,986Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,986Net charge-offs
  • -$7,754Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.04%Cost of funding earning assets
  • 1.74%Net interest margin
  • 5.30%Noninterest income to earning assets
  • 1.41%Noninterest expense to earning assets
  • 6.12%Net operating income to assets
  • 0.28%Return on assets (ROA)
  • 0.28%Pretax return on assets
  • 0.48%Return on equity (ROE)
  • 3.30%Retained earnings to average equity (YTD only)
  • 3.30%Net charge-offs to loans
  • -1.52%Credit loss provision to net charge-offs
  • -1.81%Efficiency ratio
  • 91,287Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 13.31%Loss allowance to noncurrent loans
  • 222.46%Noncurrent assets plus other real estate owned to assets
  • 5.90%Noncurrent loans to loans
  • 5.98%Net loans and leases to deposits
  • 71.83%Net loans and leases to core deposits
  • 73.82%Equity capital to assets
  • 8.27%Core capital (leverage) ratio
  • 8.97%Tier 1 risk-based capital ratio
  • 9.65%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $706,919Average earning assets
  • $60,270Average equity
  • $602,323Average loans

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