The Chase Manhattan Bank of Connecticut, National Association in city_name, state_name

The Chase Manhattan Bank of Connecticut, National Association in Bridgeport, Connecticut (CT)
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The Chase Manhattan Bank of Connecticut, National Association - Overview

General
FDIC Certificate #: 33477
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Chase Manhattan Bank (National Association) (#624)
Federal Reserve ID: 1879221
Date Established: August 09, 1991
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 53 (Interstate: No)
OTS Docket #: 11428
FDIC's unique #: 47184
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: August 09, 1991
Last Structure Change Effective Date: May 01, 1995
Last Structure Change Process Date: May 15, 1995
Last Data Update: May 15, 1995
Data Source Date: April 05, 2012
Location
Address: 999 Broad Street, Bridgeport, CT 6604
County: Fairfield
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: New York
FDIC Field Office: Hartford
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Bridgeport, CT (#1160)
Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
Core Based Statistical Area (CBSA): Bridgeport-Stamford-Norwalk, CT (#14860)
CBSA Metro Statistical Area: Bridgeport-Stamford-Norwalk, CT (#14860)
Financial Summary
Total assets: $2,132.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$670Total assets
$2,318,883Cash and due from depository institutions
$106,333Interest-bearing balances
$371Securities
$312,661Federal funds sold & reverse repurchase agreements
$340,000Net loans & leases
$1,472,161Loan loss allowance
$13,577Trading account assets
$0Bank premises and fixed assets
$17,030Other real estate owned
$1,036Goodwill and other intangibles
$38,154Life insurance assets
$31,508All other assets
$0Total liabilities and capital
$2,318,883Total liabilities
$2,119,212Total deposits
$1,932,701Interest-bearing deposits
$1,584,940Deposits held in domestic offices
1932701.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$149,138Trading liabilities
$0Other borrowed funds
$17,562Subordinated debt
$0All other liabilities
$19,811Total equity capital
$19,811Total bank equity capital
$199,671Perpetual preferred stock
$0Common stock
$45,000Surplus
$121,000Undivided profits
Memoranda
$33,671Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,709Income earned, not collected on loans
$9,065Earning assets
$2,125,193Long-term assets (5+ years)
$280,568Average Assets, year-to-date
$2,298,069Average Assets, quarterly
$2,306,659Volatile liabilities
$272,903Insider loans
$337FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$290,994Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$173,633Total risk weighted assets
$1,411,994Total unused commitments
$0Restructured Loans and leases
$210,000Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$127,367Total interest expense
$54,039Net interest income
$73,328Provision for loan and lease losses
$0Total noninterest income
$30,278Fiduciary activities
$8,918Service charges on deposit accounts
$6,428Trading account gains & fees
$147Additional noninterest income
$14,785Total noninterest expense
$78,048Salaries and employee benefits
$33,996Premises and equipment expense
$10,701Additional noninterest expense
$33,351Pre-tax net operating income
$25,558Securities gains (losses)
$27Applicable income taxes
$11,271Income before extraordinary items
$14,314Extraordinary gains - net
$0Net income attributable to bank
$14,314Net charge-offs
$1,598Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.10%Cost of funding earning assets
2.59%Net interest margin
3.51%Noninterest income to earning assets
1.45%Noninterest expense to earning assets
3.74%Net operating income to assets
0.62%Return on assets (ROA)
0.62%Pretax return on assets
1.11%Return on equity (ROE)
7.44%Retained earnings to average equity (YTD only)
7.44%Net charge-offs to loans
0.11%Credit loss provision to net charge-offs
0.00%Efficiency ratio
70,064Assets per employee
3.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.91%Loss allowance to noncurrent loans
288.32%Noncurrent assets plus other real estate owned to assets
0.25%Noncurrent loans to loans
0.32%Net loans and leases to deposits
76.17%Net loans and leases to core deposits
80.89%Equity capital to assets
8.61%Core capital (leverage) ratio
7.79%Tier 1 risk-based capital ratio
12.30%Total risk-based capital ratio
Memoranda
$13Average assets
$2,298,069Average earning assets
$192,320Average equity
$2,087,491Average loans

The Chase Manhattan Bank of Connecticut, National Association in Bridgeport, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Chase Manhattan Bank of Connecticut, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

The Chase Manhattan Bank of Connecticut, National Association in Bridgeport, Connecticut (CT)Overview, Financial Summary, Detailed Financial Reports, Branches

The Chase Manhattan Bank of Connecticut, National Association - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

The Chase Manhattan Bank of Connecticut, National Association in Bridgeport, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches