FDIC Certificate #: 33367 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citibank (South Dakota), N.A. (#23360) Federal Reserve ID: 1833063 Date Established: April 05, 1991 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 46946 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: April 05, 1991 Last Structure Change Effective Date: January 07, 2002 Last Structure Change Process Date: January 29, 2002 Last Data Update: January 29, 2002 Data Source Date: April 05, 2012
Location
Address: 4550 New Linden Hill Road, Wilmington, DE 19808 County: New Castle Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Claymont Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): Wilmington-Newark, DE-MD (#9160) Consolidated Metropolitan Statistical Area (CMSA): Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD (#77) Combined Statistical Area (CSA): Philadelphia-Camden-Vineland, PA-NJ-DE-MD (#428) Core Based Statistical Area (CBSA): Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) CBSA Metro Statistical Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (#37980) Core Based Statistical Division: Wilmington, DE-MD-NJ (#48864)
Financial Summary
Total assets: $287.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
563Total employees (full-time equivalent)
$287,913Total assets
$65,006Cash and due from depository institutions
$796Interest-bearing balances
$0Securities
$84,600Federal funds sold & reverse repurchase agreements
$66,869Net loans & leases
$5,227Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$3,383Goodwill and other intangibles
$0Life insurance assets
$68,055All other assets
$287,913Total liabilities and capital
$203,427Total liabilities
$60,093Total deposits
$53,899Interest-bearing deposits
$60,093Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$143,334All other liabilities
$84,486Total equity capital
$84,486Total bank equity capital
$84,486Perpetual preferred stock
$0Common stock
$18,000Surplus
$15,188Undivided profits
Memoranda
$51,298Noncurrent loans and leases
$315,971Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,117Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$152,265Average Assets, quarterly
$0Volatile liabilities
$385,864Insider loans
$357,247FHLB advances
$53,899Loans and leases held for sale
$6Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$315,971Total unused commitments
$0Restructured Loans and leases
$2,142Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$29,843Total interest income
$6,969Total interest expense
$22,874Net interest income
$7,092Provision for loan and lease losses
$107,861Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$107,861Additional noninterest income
$102,002Total noninterest expense
$6,820Salaries and employee benefits
$1,205Premises and equipment expense
$93,977Additional noninterest expense
$21,641Pre-tax net operating income
$0Securities gains (losses)
$8,092Applicable income taxes
$13,549Income before extraordinary items
$0Extraordinary gains - net
$13,549Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$6,892Sale, conversion, retirement of capital stock, net
$5,167Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.70%Yield on earning assets
2.50%Cost of funding earning assets
8.21%Net interest margin
38.69%Noninterest income to earning assets
36.59%Noninterest expense to earning assets
3.51%Net operating income to assets
3.51%Return on assets (ROA)
5.61%Pretax return on assets
17.07%Return on equity (ROE)
10.56%Retained earnings to average equity (YTD only)
9.31%Net charge-offs to loans
102.90%Credit loss provision to net charge-offs
4.17%Efficiency ratio
77,584Assets per employee
0.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.14%Loss allowance to loans
7.25%Loss allowance to noncurrent loans
126.96%Noncurrent assets plus other real estate owned to assets
1.43%Noncurrent loans to loans
5.71%Net loans and leases to deposits
111.28%Net loans and leases to core deposits
1079.58%Equity capital to assets
29.34%Core capital (leverage) ratio
31.55%Tier 1 risk-based capital ratio
49.56%Total risk-based capital ratio
Memoranda
$51Average assets
$385,864Average earning assets
$79,393Average equity
$278,780Average loans
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