American Investment Financial in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 2004

  • American Investment Financial in Salt Lake City, Utah (UT)
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American Investment Financial - Overview

  • General
  • FDIC Certificate #: 26764
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: American Investment Bank, National Association (#25192)
    Federal Reserve ID: 496573
    Date Established: September 21, 1981
    WWW: http://www.aifusa.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 35881
    Numeric code: 23
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 20, 1986
    Last Structure Change Effective Date: April 01, 2004
    Last Structure Change Process Date: August 04, 2004
    Last Data Update: August 04, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 222 East South Temple, Salt Lake City, UT 84111
    County: Salt Lake
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    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: $66.8 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, 2003)

  • Dollar figures in thousands
  • 8Total employees (full-time equivalent)
  • $73,199Total assets
  • $3,625Cash and due from depository institutions
  • $3,072Interest-bearing balances
  • $31Securities
  • $2,230Federal funds sold & reverse repurchase agreements
  • $62,439Net loans & leases
  • $6,131Loan loss allowance
  • $0Trading account assets
  • $298Bank premises and fixed assets
  • $162Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,414All other assets
  • $73,199Total liabilities and capital
  • $54,269Total liabilities
  • $53,199Total deposits
  • $53,198Interest-bearing deposits
  • $53,199Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,070All other liabilities
  • $18,930Total equity capital
  • $18,930Total bank equity capital
  • $18,930Perpetual preferred stock
  • $0Common stock
  • $8Surplus
  • $4,342Undivided profits
  • Memoranda
  • $14,580Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,168Earning assets
  • $1,760Long-term assets (5+ years)
  • $906Average Assets, year-to-date
  • $67,772Average Assets, quarterly
  • $44,431Volatile liabilities
  • $95,864Insider loans
  • $79,572FHLB advances
  • $8,798Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,501Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $889Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $15,134Total interest income
  • $2,653Total interest expense
  • $12,481Net interest income
  • $7,014Provision for loan and lease losses
  • $867Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $867Additional noninterest income
  • $4,023Total noninterest expense
  • $807Salaries and employee benefits
  • $288Premises and equipment expense
  • $2,928Additional noninterest expense
  • $2,311Pre-tax net operating income
  • $0Securities gains (losses)
  • $680Applicable income taxes
  • $1,631Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,631Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $5,518Sale, conversion, retirement of capital stock, net
  • $2,000Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 16.57%Yield on earning assets
  • 2.90%Cost of funding earning assets
  • 13.66%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 4.40%Noninterest expense to earning assets
  • 1.70%Net operating income to assets
  • 1.70%Return on assets (ROA)
  • 2.41%Pretax return on assets
  • 8.58%Return on equity (ROE)
  • -1.94%Retained earnings to average equity (YTD only)
  • 6.17%Net charge-offs to loans
  • 127.11%Credit loss provision to net charge-offs
  • 1.69%Efficiency ratio
  • 30,139Assets per employee
  • 9.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 122.62%Loss allowance to loans
  • 8.94%Loss allowance to noncurrent loans
  • 193.53%Noncurrent assets plus other real estate owned to assets
  • 4.55%Noncurrent loans to loans
  • 4.62%Net loans and leases to deposits
  • 117.37%Net loans and leases to core deposits
  • 140.63%Equity capital to assets
  • 25.86%Core capital (leverage) ratio
  • 24.41%Tier 1 risk-based capital ratio
  • 28.74%Total risk-based capital ratio
  • Memoranda
  • $30Average assets
  • $95,864Average earning assets
  • $19,017Average equity
  • $91,345Average loans

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