Ally Bank in Midvale, Utah (UT), PA
Overview, Financial Summary, Detailed Financial Reports, Branches


Ally Bank - Overview

  • General
  • FDIC Certificate #: 57803
    Status: Active
    Federal Reserve ID: 3284070
    Bank Holding Company (Regulatory Top Holder): Ally Financial Inc. (RSSDID: 1562859, Location: Detroit, MI)
    Date Established: August 02, 2004
    WWW: http://www.ally.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: Yes)
    FDIC's unique #: 425730
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    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
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 02, 2004
    Last Structure Change Effective Date: October 01, 2009
    Last Structure Change Process Date: October 28, 2009
    Last Data Update: October 28, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 6985 Union Park Center Suite 435, Midvale, UT 84047
    County: Salt Lake
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
    CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
  • History of Changes
  • Change in Location
    Change in Entity Type
  • Financial Summary
  • Total assets: $85,331.9 mil
    Equity capital: $13,061.4 mil
    Deposits held in domestic offices: $41,264.3 mil
    Return on assets (ROA): 1.59% ($1,356.8 mil)
    Quarterly return on assets: 1.75% ($1,493.3 mil)
    Return on Equity (ROE): 10.22% ($1,334.8 mil)
    Quarterly return on equity: 11.16% ($1,457.6 mil)
    Net income: $1,222.0 mil
    Quarterly Net income: $359.6 mil
    Pretax return on assets: 1.66% ($1,416,509.3 mil)
    Quarterly Pretax return on assets: 1.92% ($1,638,372.2 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
  • 1,033Total employees (full-time equivalent)
  • $85,331,885Total assets
  • $3,647,173Cash and due from depository institutions
  • $3,594,957Interest-bearing balances
  • $9,443,480Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $65,288,616Net loans & leases
  • $722,389Loan loss allowance
  • $0Trading account assets
  • $17Bank premises and fixed assets
  • $8,269Other real estate owned
  • $1,286,061Goodwill and other intangibles
  • $85,331,886Life insurance assets
  • $5,658,269All other assets
  • $72,270,458Total liabilities and capital
  • $41,264,280Total liabilities
  • $39,206,078Total deposits
  • $41,264,280Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $30,454,692Trading liabilities
  • $0Other borrowed funds
  • $551,486Subordinated debt
  • $13,061,428All other liabilities
  • $13,061,428Total equity capital
  • $13,061,428Total bank equity capital
  • $0Perpetual preferred stock
  • $1,000Common stock
  • $12,600,264Surplus
  • $460,164Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $3,861,923Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $314,765Income earned, not collected on loans
  • $0Earning assets
  • $154,673Long-term assets (5+ years)
  • $78,327,053Average Assets, year-to-date
  • $19,722,642Average Assets, quarterly
  • $76,995,810Volatile liabilities
  • $82,353,730Insider loans
  • $74,284,296FHLB advances
  • $83,539,023Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,920,468Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,332,213Restructured Loans and leases
  • $511Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,148,994Total interest income
  • $1,049,489Total interest expense
  • $2,099,505Net interest income
  • $182,007Provision for loan and lease losses
  • $676,836Total noninterest income
  • $0Fiduciary activities
  • $168Service charges on deposit accounts
  • $0Trading account gains & fees
  • $676,668Additional noninterest income
  • $1,357,349Total noninterest expense
  • $114,023Salaries and employee benefits
  • $599Premises and equipment expense
  • $1,242,727Additional noninterest expense
  • $1,236,985Pre-tax net operating income
  • $40,989Securities gains (losses)
  • $56,019Applicable income taxes
  • $1,221,955Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,221,955Net income attributable to bank
  • $0Net charge-offs
  • $1,221,955Cash dividends
  • $231,983Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.44%Yield on earning assets
  • 1.48%Cost of funding earning assets
  • 2.96%Net interest margin
  • 0.96%Noninterest income to earning assets
  • 1.92%Noninterest expense to earning assets
  • 1.54%Net operating income to assets
  • 1.59%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 10.22%Return on equity (ROE)
  • 10.22%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 78.46%Credit loss provision to net charge-offs
  • 6.12%Efficiency ratio
  • 48,890Assets per employee
  • 82.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 229.50%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.48%Net loans and leases to deposits
  • 158.22%Net loans and leases to core deposits
  • 235.27%Equity capital to assets
  • 15.31%Core capital (leverage) ratio
  • 15.47%Tier 1 risk-based capital ratio
  • 17.39%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $76,995,810Average earning assets
  • $11,951,873Average equity
  • $70,870,094Average loans

List of branches

  • 1 Pennsylvania Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1361255Ft Washington Branch1100 Virginia Drive, Fort Washington, PA 19034August 22, 2001Limited Service Administrative
  • 1 Utah Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0425730Ally Bank6985 Union Park Center Suite 435, Midvale, UT 84047August 02, 2004Full Service Brick and Mortar

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