U.S. Trust Company, National Association in city_name, state_name

U.S. Trust Company, National Association in Greenwich, Connecticut (CT)
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U.S. Trust Company, National Association - Overview

General
FDIC Certificate #: 33332
Status: Inactive
Closing history: Merge BIF and SAIF Funds into DIF
Acquiring institution: United States Trust Company , National Association (#34061)
Federal Reserve ID: 1853856
Date Established: March 08, 1991
WWW: http://www.ustrust.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 22 (Interstate: No)
OTS Docket #: 10339
FDIC's unique #: 46910
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: March 08, 1991
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: April 20, 2006
Last Data Update: April 20, 2006
Data Source Date: April 05, 2012
Location
Address: One Pickwick Plaza, Greenwich, CT 6830
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): Stamford-Norwalk, CT (#8040)
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)
History of Changes
Merger - Without Assistance
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $3,880.6 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
883Total employees (full-time equivalent)
$3,880,574Total assets
$87,379Cash and due from depository institutions
$353Interest-bearing balances
$1,341,901Securities
$955,174Federal funds sold & reverse repurchase agreements
$884,743Net loans & leases
$4,041Loan loss allowance
$0Trading account assets
$21,708Bank premises and fixed assets
$0Other real estate owned
$491,695Goodwill and other intangibles
$0Life insurance assets
$97,974All other assets
$3,880,574Total liabilities and capital
$3,102,935Total liabilities
$2,475,588Total deposits
$2,311,776Interest-bearing deposits
$2,475,588Deposits held in domestic offices
0.00%% insured (estimated)
$525,000Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$102,347All other liabilities
$777,639Total equity capital
$777,639Total bank equity capital
$777,639Perpetual preferred stock
$5,000Common stock
$2,112Surplus
$679,041Undivided profits
Memoranda
$91,486Noncurrent loans and leases
$575,579Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,398Earning assets
$0Long-term assets (5+ years)
$9,439Average Assets, year-to-date
$3,182,171Average Assets, quarterly
$949,780Volatile liabilities
$3,484,460Insider loans
$3,709,821FHLB advances
$694,938Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$575,579Total unused commitments
$0Restructured Loans and leases
$4,041Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$126,808Total interest income
$48,718Total interest expense
$78,090Net interest income
$1,900Provision for loan and lease losses
$347,576Total noninterest income
$340,243Fiduciary activities
$38Service charges on deposit accounts
$0Trading account gains & fees
$7,295Additional noninterest income
$312,426Total noninterest expense
$182,877Salaries and employee benefits
$26,453Premises and equipment expense
$103,096Additional noninterest expense
$111,340Pre-tax net operating income
$918Securities gains (losses)
$42,614Applicable income taxes
$69,644Income before extraordinary items
$0Extraordinary gains - net
$69,644Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,087Sale, conversion, retirement of capital stock, net
$50,000Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.50%Yield on earning assets
1.73%Cost of funding earning assets
2.77%Net interest margin
12.34%Noninterest income to earning assets
11.10%Noninterest expense to earning assets
1.98%Net operating income to assets
2.00%Return on assets (ROA)
3.22%Pretax return on assets
9.00%Return on equity (ROE)
2.54%Retained earnings to average equity (YTD only)
0.13%Net charge-offs to loans
174.79%Credit loss provision to net charge-offs
104.18%Efficiency ratio
71,825Assets per employee
4.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.79%Loss allowance to loans
0.45%Loss allowance to noncurrent loans
289.06%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.16%Net loans and leases to deposits
35.74%Net loans and leases to core deposits
38.37%Equity capital to assets
20.04%Core capital (leverage) ratio
9.43%Tier 1 risk-based capital ratio
22.47%Total risk-based capital ratio
Memoranda
$23Average assets
$3,484,460Average earning assets
$774,223Average equity
$2,815,628Average loans

Total Fiduciary and Related Assets (December 31, 2005)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$63,445,338Managed Assets
1Number of Accounts
$53,750,508Personal trust and agency accounts
$12,463,359Employee benefit-defined contribution accounts
$12,382,392Employee benefit-defined benefit accounts
$2,676,632Other retirement accounts
$2,887,036Corporate trust and agency accounts
$0Investment management agency accounts
$20,986,698Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$2,354,391Non-managed Assets
23798Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$9,694,830Other retirement accounts
$527,449Corporate trust and agency accounts
$2,544,993Other fiduciary accounts
$2,901,981Fiduciary accounts held in foreign offices

U.S. Trust Company, National Association in Greenwich, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches

U.S. Trust Company, National Association - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

Total Fiduciary and Related Assets (December 31, 2005)

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

U.S. Trust Company, National Association in Greenwich, Connecticut (CT)Overview, Financial Summary, Detailed Financial Reports, Branches

U.S. Trust Company, National Association - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

Total Fiduciary and Related Assets (December 31, 2005)

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

U.S. Trust Company, National Association in Greenwich, Connecticut (CT)
Overview, Financial Summary, Detailed Financial Reports, Branches