FDIC Certificate #: 34351 Status: Active Federal Reserve ID: 2502656 Date Established: September 27, 1996 WWW:http://www.usaa.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 57110 Numeric code: 23 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Credit Card Institutions: Yes Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Directly owned by another bank (CERT):#34351 Asset Concentration Hierarchy: Credit-Card Specialization Date of Deposit Insurance: September 27, 1996 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 3773 Howard Hughes Parkway, #190n, Las Vegas, NV 89109 County: Clark Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Dallas FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Las Vegas, NV-AZ (#4120) Combined Statistical Area (CSA): Las Vegas-Paradise-Pahrump, NV (#332) Core Based Statistical Area (CBSA): Las Vegas-Paradise, NV (#29820) CBSA Metro Statistical Area: Las Vegas-Paradise, NV (#29820)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $15,279.5 mil Equity capital: $3,514.2 mil Deposits held in domestic offices: $730.8 mil Return on assets (ROA): 3.52% ($537.9 mil) Quarterly return on assets: 2.77% ($423.3 mil) Return on Equity (ROE): 15.58% ($547.5 mil) Quarterly return on equity: 11.91% ($418.5 mil) Net income: $507.3 mil Quarterly Net income: $103.1 mil Pretax return on assets: 5.46% ($834,262.3 mil) Quarterly Pretax return on assets: 4.23% ($646,324.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
10Total employees (full-time equivalent)
$15,279,530Total assets
$329,569Cash and due from depository institutions
$295,489Interest-bearing balances
$157,868Securities
$0Federal funds sold & reverse repurchase agreements
$14,487,488Net loans & leases
$465,416Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$15,279,530Life insurance assets
$304,605All other assets
$11,765,368Total liabilities and capital
$730,801Total liabilities
$716,472Total deposits
$730,801Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$10,383,081Trading liabilities
$0Other borrowed funds
$651,486Subordinated debt
$3,514,162All other liabilities
$3,514,162Total equity capital
$3,514,162Total bank equity capital
$0Perpetual preferred stock
$1Common stock
$1,467,160Surplus
$2,047,001Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$128,109Income earned, not collected on loans
$0Earning assets
$48,125Long-term assets (5+ years)
$14,940,845Average Assets, year-to-date
$93,842Average Assets, quarterly
$14,392,348Volatile liabilities
$14,894,730Insider loans
$15,073,514FHLB advances
$14,561,821Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,514,162Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$38,317,526Restructured Loans and leases
$3,923Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,133,782Total interest income
$94,034Total interest expense
$1,039,748Net interest income
$302,051Provision for loan and lease losses
$587,554Total noninterest income
$0Fiduciary activities
$101Service charges on deposit accounts
$0Trading account gains & fees
$587,453Additional noninterest income
$539,636Total noninterest expense
$2,638Salaries and employee benefits
$149Premises and equipment expense
$536,849Additional noninterest expense
$785,615Pre-tax net operating income
$0Securities gains (losses)
$278,352Applicable income taxes
$507,263Income before extraordinary items
$0Extraordinary gains - net
$507,263Net income attributable to bank
$0Net charge-offs
$507,263Cash dividends
$390,535Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.05%Yield on earning assets
0.67%Cost of funding earning assets
7.39%Net interest margin
4.17%Noninterest income to earning assets
3.83%Noninterest expense to earning assets
3.52%Net operating income to assets
3.52%Return on assets (ROA)
5.46%Pretax return on assets
15.58%Return on equity (ROE)
15.58%Retained earnings to average equity (YTD only)
2.73%Net charge-offs to loans
77.34%Credit loss provision to net charge-offs
2.79%Efficiency ratio
33,161Assets per employee
1527.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.11%Loss allowance to noncurrent loans
363.30%Noncurrent assets plus other real estate owned to assets
0.84%Noncurrent loans to loans
0.86%Net loans and leases to deposits
1982.41%Net loans and leases to core deposits
32483.16%Equity capital to assets
23.00%Core capital (leverage) ratio
24.13%Tier 1 risk-based capital ratio
23.31%Total risk-based capital ratio
Memoranda
$25Average assets
$14,392,348Average earning assets
$3,255,719Average equity
$14,078,445Average loans
Bank Assets Sold and Securitized (December 31, 2009)
Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$4,022,989Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
List of branches
1 Nevada Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
57110
Usaa Savings Bank
3773 Howard Hughes Parkway, #190n, Las Vegas, NV 89109
September 27, 1996
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with USAA Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: