Aurora Bank FSB in Wilmington, Delaware (DE), NJ
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| Aurora Bank FSB | |
|---|---|
| General | FDIC Certificate #: 30890 Status: Active Federal Reserve ID: 759072 Date Established: January 01, 1921 WWW: http://www.aurorabankfsb.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 2 (Domestic: 2, Interstate: Yes) OTS Docket #: 6069 FDIC's unique #: 43724 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization > 1 Billion Date of Deposit Insurance: January 02, 1958 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012 |
| Location | Address: 1000 N. West Street, Suite 200, Wilmington, DE 19801 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) |
| History of Changes | Change in Primary Regulatory Agency |
| Financial Summary | Total assets: $4,334.7 mil Equity capital: $782.7 mil Deposits held in domestic offices: $3,296.4 mil Return on assets (ROA): -1.86% (-$80.6 mil) Quarterly return on assets: -6.56% (-$284.4 mil) Return on Equity (ROE): -9.72% (-$76.1 mil) Quarterly return on equity: -35.65% (-$279.1 mil) Net income: -$83.2 mil Quarterly Net income: -$73.0 mil Pretax return on assets: -1.91% (-$82,792.4 mil) Quarterly Pretax return on assets: -6.69% (-$289,990.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 1,939 |
| Total assets | $4,334,681 |
| Cash and due from depository institutions | $1,037,458 |
| Interest-bearing balances | $975,152 |
| Securities | $179,223 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $881,246 |
| Loan loss allowance | $0 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $42,617 |
| Other real estate owned | $14,871 |
| Goodwill and other intangibles | $285,640 |
| All other assets | $1,893,626 |
| Life insurance assets | $4,334,681 |
| Total liabilities and capital | $3,552,004 |
| Total liabilities | $3,296,357 |
| Total deposits | $3,197,414 |
| Interest-bearing deposits | $3,296,357 |
| Deposits held in domestic offices | $94 |
| % insured (estimated) | 0.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $937 |
| Subordinated debt | $254,710 |
| All other liabilities | $782,677 |
| Total equity capital | $782,677 |
| Total bank equity capital | $782,677 |
| Perpetual preferred stock | $35,259 |
| Common stock | $1 |
| Surplus | $1,475,207 |
| Undivided profits | $-727,790 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $153,039 |
| Earning assets | $6,439 |
| Long-term assets (5+ years) | $7,104 |
| Average Assets, year-to-date | $2,035,621 |
| Average Assets, quarterly | $0 |
| Volatile liabilities | $4,460,211 |
| Insider loans | $4,455,386 |
| FHLB advances | $3,148,792 |
| Loans and leases held for sale | $4,305,940 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $753,936 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $149,679 |
| Derivatives | $0 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $97,259 |
| Total interest expense | $70,761 |
| Net interest income | $26,498 |
| Provision for loan and lease losses | $0 |
| Total noninterest income | $255,945 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $0 |
| Trading account gains & fees | $57,200 |
| Additional noninterest income | $198,745 |
| Total noninterest expense | $367,591 |
| Salaries and employee benefits | $189,155 |
| Premises and equipment expense | $32,370 |
| Additional noninterest expense | $146,066 |
| Pre-tax net operating income | -$85,148 |
| Securities gains (losses) | $110 |
| Applicable income taxes | -$1,861 |
| Income before extraordinary items | -$83,177 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$83,177 |
| Net charge-offs | $0 |
| Cash dividends | -$83,177 |
| Sale, conversion, retirement of capital stock, net | $0 |
| Net operating income | $1,596 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 4.40% |
| Cost of funding earning assets | 3.20% |
| Net interest margin | 1.20% |
| Noninterest income to earning assets | 11.59% |
| Noninterest expense to earning assets | 16.65% |
| Net operating income to assets | -1.87% |
| Return on assets (ROA) | -1.86% |
| Pretax return on assets | -1.91% |
| Return on equity (ROE) | -9.72% |
| Retained earnings to average equity (YTD only) | -9.90% |
| Net charge-offs to loans | 0.00% |
| Credit loss provision to net charge-offs | 0.00% |
| Efficiency ratio | 0.00% |
| Assets per employee | $126,820 |
| Cash dividends to net income (YTD only) | 2.24% |
| Condition Ratios (%) | |
| Loss allowance to loans | -1.92% |
| Loss allowance to noncurrent loans | 0.00% |
| Noncurrent assets plus other real estate owned to assets | 0.00% |
| Noncurrent loans to loans | 3.87% |
| Net loans and leases to deposits | 17.37% |
| Net loans and leases to core deposits | 26.73% |
| Equity capital to assets | 71.06% |
| Core capital (leverage) ratio | 18.06% |
| Tier 1 risk-based capital ratio | 17.51% |
| Total risk-based capital ratio | 23.94% |
| Memoranda | |
| Average assets | $24 |
| Average earning assets | $4,460,211 |
| Average equity | $855,926 |
| Average loans | $2,208,194 |
| Total Fiduciary and Related Assets (December 31, 2006) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $11,768 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $11,768 |
| Employee benefit-defined contribution accounts | $3,969 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Investment management agency accounts | $7,799 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 17 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| 1 Delaware Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 43724 | Aurora Bank Fsb | 1000 N. West Street, Suite 200, Wilmington, DE 19801 | January 01, 1921 | Full Service Brick and Mortar |  |
| 1 New Jersey Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 4 | 495498 | Jersey City Branch | 70 Hudson St, Jersey City, NJ 7302 | January 26, 2004 | Full Service Brick and Mortar |  |
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BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.