American General Bank, FSB in Midvale, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 29, 2001

  • American General Bank, FSB in Midvale, Utah (UT)
  • Show street view No street view available for this location

American General Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32525
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: AIG Federal Savings Bank (#35267)
    Federal Reserve ID: 938073
    Date Established: March 03, 1987
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8383
    FDIC's unique #: 45359
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: March 03, 1987
    Last Structure Change Effective Date: August 29, 2001
    Last Structure Change Process Date: September 14, 2001
    Last Data Update: September 14, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 7070 Union Park Avenue, Suite 300, 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)
  • Financial Summary
  • Total assets: $121.3 mil

1992 - 1999 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, 2000)

  • Dollar figures in thousands
  • 28Total employees (full-time equivalent)
  • $90,787Total assets
  • $2,514Cash and due from depository institutions
  • $1,157Interest-bearing balances
  • $1,911Securities
  • $13,491Federal funds sold & reverse repurchase agreements
  • $67,235Net loans & leases
  • $165Loan loss allowance
  • $0Trading account assets
  • $260Bank premises and fixed assets
  • $0Other real estate owned
  • $3,320Goodwill and other intangibles
  • $0Life insurance assets
  • $2,056All other assets
  • $90,787Total liabilities and capital
  • $75,559Total liabilities
  • $73,985Total deposits
  • $73,985Interest-bearing deposits
  • $73,985Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,574All other liabilities
  • $15,228Total equity capital
  • $15,228Total bank equity capital
  • $15,228Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $22,461Undivided profits
  • Memoranda
  • $-9,233Noncurrent loans and leases
  • $2,332,297Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $32Earning assets
  • $0Long-term assets (5+ years)
  • $415Average Assets, year-to-date
  • $83,794Average Assets, quarterly
  • $0Volatile liabilities
  • $62,900Insider loans
  • $81,443FHLB advances
  • $14,268Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,332,297Total unused commitments
  • $0Restructured Loans and leases
  • $165Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $4,144Total interest income
  • $2,594Total interest expense
  • $1,550Net interest income
  • $105Provision for loan and lease losses
  • $9,214Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $9,214Additional noninterest income
  • $10,357Total noninterest expense
  • $1,676Salaries and employee benefits
  • $582Premises and equipment expense
  • $8,099Additional noninterest expense
  • $302Pre-tax net operating income
  • $0Securities gains (losses)
  • $130Applicable income taxes
  • $172Income before extraordinary items
  • $0Extraordinary gains - net
  • $172Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.31%Yield on earning assets
  • 4.58%Cost of funding earning assets
  • 2.73%Net interest margin
  • 16.25%Noninterest income to earning assets
  • 18.27%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.48%Pretax return on assets
  • 1.13%Return on equity (ROE)
  • 1.13%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,567Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.24%Loss allowance to noncurrent loans
  • 515.63%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.05%Net loans and leases to deposits
  • 90.88%Net loans and leases to core deposits
  • 112.59%Equity capital to assets
  • 16.77%Core capital (leverage) ratio
  • 15.59%Tier 1 risk-based capital ratio
  • 26.26%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $62,900Average earning assets
  • $15,243Average equity
  • $56,692Average loans

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 American General Bank, FSB.
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.
Table of Contents