Banco Popular North America in New York, New York (NY), CA, FL, IL, NJ
Overview, Financial Summary, Detailed Financial Reports, Branches


Banco Popular North America - Overview

  • General
  • FDIC Certificate #: 34967
    Status: Active
    Federal Reserve ID: 2736291
    Bank Holding Company (Regulatory Top Holder): Popular, Inc. (RSSDID: 1129382, Location: San Juan, PR)
    Date Established: January 02, 1999
    WWW: http://www.bancopopular.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 97 (Domestic: 97, Interstate: Yes)
    FDIC's unique #: 62141
    Numeric code: 13
    Regulator: FED
    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: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 02, 1999
    Last Structure Change Effective Date: January 01, 2012
    Last Structure Change Process Date: January 27, 2012
    Last Data Update: January 27, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 7 West 51st Street, New York, NY 10019
    County: New York
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: New York City
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): New York, NY (#5600)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $8,605.3 mil
    Equity capital: $1,630.6 mil
    Deposits held in domestic offices: $6,167.7 mil
    Return on assets (ROA): 0.20% ($17.2 mil)
    Quarterly return on assets: -0.30% (-$25.8 mil)
    Return on Equity (ROE): 1.09% ($17.8 mil)
    Quarterly return on equity: -1.59% (-$25.9 mil)
    Net income: $17.5 mil
    Quarterly Net income: -$6.5 mil
    Pretax return on assets: 0.24% ($20,652.8 mil)
    Quarterly Pretax return on assets: -0.26% (-$22,373.9 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
  • 1,386Total employees (full-time equivalent)
  • $8,605,345Total assets
  • $224,235Cash and due from depository institutions
  • $91,644Interest-bearing balances
  • $1,905,750Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,540,576Net loans & leases
  • $236,957Loan loss allowance
  • $0Trading account assets
  • $63,011Bank premises and fixed assets
  • $32,351Other real estate owned
  • $416,489Goodwill and other intangibles
  • $8,605,345Life insurance assets
  • $422,933All other assets
  • $6,974,720Total liabilities and capital
  • $6,167,740Total liabilities
  • $5,912,836Total deposits
  • $6,167,740Interest-bearing deposits
  • $94Deposits held in domestic offices
  • 655758.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $38,473Trading liabilities
  • $0Other borrowed funds
  • $112,749Subordinated debt
  • $1,630,625All other liabilities
  • $1,630,625Total equity capital
  • $1,630,625Total bank equity capital
  • $0Perpetual preferred stock
  • $40,000Common stock
  • $3,049,039Surplus
  • $-1,458,414Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $15,076Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $379,682Income earned, not collected on loans
  • $16,802Earning assets
  • $30,741Long-term assets (5+ years)
  • $7,537,970Average Assets, year-to-date
  • $3,333,596Average Assets, quarterly
  • $8,851,876Volatile liabilities
  • $8,674,519Insider loans
  • $5,777,149FHLB advances
  • $8,208,518Loans and leases held for sale
  • $238,077Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,182,642Tier 2 risk-based capital
  • $238,077Total risk weighted assets
  • $0Total unused commitments
  • $452,574Restructured Loans and leases
  • $765Derivatives
  • $5,457Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $404,267Total interest income
  • $108,541Total interest expense
  • $295,726Net interest income
  • $88,482Provision for loan and lease losses
  • $73,674Total noninterest income
  • $0Fiduciary activities
  • $34,170Service charges on deposit accounts
  • $0Trading account gains & fees
  • $39,504Additional noninterest income
  • $262,442Total noninterest expense
  • $99,456Salaries and employee benefits
  • $48,358Premises and equipment expense
  • $114,628Additional noninterest expense
  • $18,476Pre-tax net operating income
  • $2,800Securities gains (losses)
  • $3,745Applicable income taxes
  • $17,531Income before extraordinary items
  • $0Extraordinary gains - net
  • $17,531Net income attributable to bank
  • $0Net charge-offs
  • $17,531Cash dividends
  • $189,322Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.20%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 3.81%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 3.38%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.20%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 1.09%Return on equity (ROE)
  • 1.09%Retained earnings to average equity (YTD only)
  • 3.03%Net charge-offs to loans
  • 46.74%Credit loss provision to net charge-offs
  • 0.56%Efficiency ratio
  • 70,309Assets per employee
  • 6.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.10%Loss allowance to noncurrent loans
  • 62.41%Noncurrent assets plus other real estate owned to assets
  • 4.79%Noncurrent loans to loans
  • 6.57%Net loans and leases to deposits
  • 89.83%Net loans and leases to core deposits
  • 98.25%Equity capital to assets
  • 18.95%Core capital (leverage) ratio
  • 14.41%Tier 1 risk-based capital ratio
  • 20.47%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $8,851,876Average earning assets
  • $1,613,612Average equity
  • $7,770,335Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $218,693Managed Assets
  • 1Number of Accounts
  • $94,406Personal trust and agency accounts
  • $66,184Employee benefit-defined contribution accounts
  • $12,936Employee benefit-defined benefit accounts
  • $1,943Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $13,343Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 446Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $124,287Other retirement accounts
  • $2,550Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $114Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2001)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $43,2051-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

List of branches

  • 25 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1017058City Of Commerce Branch6001 East Washington Boulevard, Commerce, CA 90091June 16, 1983Full Service Brick and Mortar
    11257501Montebello Branch2133 West Beverly Boulevard, Montebello, CA 90640June 12, 1989Full Service Brick and Mortar
    122227Downey Branch11101 La Reina Avenue, Downey, CA 90241April 03, 1926Full Service Brick and Mortar
    13257502Los Angeles Branch515 West 6th Street, Los Angeles, CA 90013November 15, 1996Full Service Brick and Mortar
    1441342Wilmington Branch131 West Anaheim Street, Wilmington, CA 90744January 01, 1920Full Service Brick and Mortar
    15257503El Monte Branch11840 East Valley Boulevard, El Monte, CA 91732December 29, 1997Full Service Brick and Mortar
    4510949Sante Fe Springs Branch10400 South Norwalk Boulevard, Santa Fe Springs, CA 90670October 31, 1949Full Service Brick and Mortar
    46239016Paramount Branch15950 Paramount Boulevard, Paramount, CA 90723October 01, 1962Full Service Brick and Mortar
    47239017Lynwood Branch3180 E. Imperial Hi-Way, Lynwood, CA 90262August 09, 1982Full Service Brick and Mortar
    48239018Garden Grove Branch13011 Brookhurst Street, Garden Grove, CA 92843June 05, 1984Full Service Brick and Mortar
    49239019Olympic Boulevard Branch3360 West Olympic Boulevard, Los Angeles, CA 90670April 29, 1991Full Service Brick and Mortar
    91290866Chula Vista Branch246 H Street, Chula Vista, CA 91910September 17, 1999Full Service Brick and Mortar
    11241106Whittier/Quaker City Bank Branch7021 Greenleaf Ave, Whittier, CA 90602January 01, 1920Full Service Brick and Mortar
    113266388East Whittier Branch15175 Whittier Boulevard, Whittier, CA 90603January 01, 1920Full Service Brick and Mortar
    114266389La Habra Branch401 E Whittier Blvd, La Habra, CA 90631January 01, 1920Full Service Brick and Mortar
    115266391Fullerton Branch1701 N Euclid St, Fullerton, CA 92831January 01, 1920Full Service Brick and Mortar
    116266394Loan Production Office3101 Colima Rd, Hacienda Heights, CA 91745January 01, 1920Limited Service Loan Production
    117273595Hacienda Heights Branch3160 South Colima Road, Hacienda Heights, CA 91745October 30, 1934Full Service Brick and Mortar
    118273973La Mirada Branch12333 South La Mirada Boulevard, La Mirada, CA 90638December 17, 1934Full Service Brick and Mortar
    119273982Brea Branch220 S State College Blvd, Brea, CA 92821June 30, 1988Full Service Brick and Mortar
    120266395Fashion Square Branch1921 West Imperial Boulevard, Suite A, La Habra, CA 90631December 13, 1994Full Service Brick and Mortar
    121266396Anaheim Hills Branch191 S. Imperial Highway, Anaheim, CA 92808Febuary 04, 1998Full Service Brick and Mortar
    122266397Alta Vista Branch870 North Rose Drive, Placentia, CA 92870Febuary 16, 1998Full Service Brick and Mortar
    123266876Rowland Heights Branch18220 Colima Road, Rowland Heights, CA 91748January 01, 1892Full Service Brick and Mortar
    155467728Anaheim Branch888 Disneyland Drive, Anaheim, CA 92802July 01, 2006Full Service Brick and Mortar
  • 20 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    20260157First Street BranchFirst Street And Myrtle Avenue, Sanford, FL 32773May 16, 1988Full Service Brick and Mortar
    22260159Semoran Boulevard Branch430 North Semoran Boulevard, Orlando, FL 32807December 30, 1997Full Service Brick and Mortar
    23260160West Vine Street Branch100 Park Place Blvd., Suite 101, Kissimmee, FL 34741July 30, 1998Full Service Brick and Mortar
    24260161Oakridge Road Branch2300 Oakridge Road, Orlando, FL 32809July 03, 1997Full Service Brick and Mortar
    25260162Orange Ave. Branch2320 So. Orange Avenue, Orlando, FL 32806September 09, 1997Full Service Brick and Mortar
    26260163Boggy Creek Branch2590 Boggy Creek Road, Kissimmee, FL 34743November 21, 1997Full Service Brick and Mortar
    28260165Altamonte Springs Branch450 East Altamonte Drive, Altamonte Springs, FL 32701November 23, 1998Full Service Brick and Mortar
    100358324Whisper Lake Branch11681 S. Orange Blossom Trail, Orlando, FL 32837June 23, 2000Full Service Brick and Mortar
    105360995Miami Sw 8th St Branch7500 S.W. 8th Street, Miami, FL 33144January 23, 2001Full Service Brick and Mortar
    12912765Miami Gardens7900 Miami Lakes Drive West, Miami Lakes, FL 33016October 21, 1963Full Service Brick and Mortar
    130246815Miami Beach Branch13490 Northwest 7th Avenue, North Miami, FL 33168April 29, 1987Full Service Brick and Mortar
    131360835North Miami Branch1550 Northeast Miami Gardens Drive, North Miami Beach, FL 33169December 31, 1999Full Service Brick and Mortar
    132251266Miami Lakes Branch301 71st Street, Miami Beach, FL 33139August 08, 1979Full Service Brick and Mortar
    134359313Doral Branch8180 Northwest 36th Street, Miami, FL 33172January 31, 2001Full Service Brick and Mortar
    135419122Sunrise Branch8401 West Oakland Park Boulevard, Sunrise, FL 33351April 28, 2003Full Service Brick and Mortar
    156467729Downtown Branch2 South Orange Avenue, Orlando, FL 32801March 14, 2007Full Service Brick and Mortar
    157467730Brickell Branch1221 Brickell Avenue, Miami, FL 33131March 26, 2007Full Service Brick and Mortar
    158467731Hialeah Branch1620 West 49th Street, Hialeah, FL 33012July 10, 2006Full Service Brick and Mortar
    160478487Dadeland Branch8885 Dadeland Blvd, Miami, FL 33156September 27, 2007Full Service Brick and Mortar
    161478488Coral Gables Branch2317 Ponce De Leon Blvd, Coral Gables, FL 33134July 23, 2007Full Service Brick and Mortar
  • 12 Illinois Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    291197Lake Street Branch1600 West Lake Street, Melrose Park, IL 60160January 01, 1914Full Service Brick and Mortar
    3215296River Grove Branch8383 West Belmont Avenue, River Grove, IL 60171June 19, 1975Full Service Brick and Mortar
    333904West North Avenue Branch4000 West North Avenue, Chicago, IL 60639January 02, 1913Full Service Brick and Mortar
    35239458Logan Square Branch2525 North Kedzie Avenue, Chicago, IL 60647December 01, 1988Full Service Brick and Mortar
    36253954Irving Park Road Branch7181 West Irving Park Road, Chicago, IL 60634March 18, 1996Full Service Brick and Mortar
    3812518Cicero Branch4801 West Fullerton Avenue, Chicago, IL 60639November 27, 1962Full Service Brick and Mortar
    4115429Westmont Branch100 East Ogden Avenue, Westmont, IL 60559January 19, 1976Full Service Brick and Mortar
    43190174Little Village Branch3220 W. 26th Street, Chicago, IL 60623December 01, 1997Full Service Brick and Mortar
    8314905Erie Branch1 E. Erie Street, Chicago, IL 60611April 29, 1974Full Service Brick and Mortar
    8515192Prospect Heights Branch606 Milwaukee Avenue, Prospect Heights, IL 60070Febuary 10, 1975Full Service Brick and Mortar
    88290863Chicago Avenue Branch1445 West Chicago Avenue, Chicago, IL 60622January 04, 1999Full Service Brick and Mortar
    1029009Broadway Branch2 South Broadway, Aurora, IL 60507June 11, 1934Full Service Brick and Mortar
  • 8 New Jersey Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    155350Bloomfield Branch500 Bloomfield Avenue, Newark, NJ 7107January 20, 1995Full Service Brick and Mortar
    5290259North Bergen Branch85-01 Kennedy Boulevard, North Bergen, NJ 7047June 30, 1996Full Service Brick and Mortar
    6290260Bergenline Branch53-10 Bergen Line Avenue, West New York, NJ 7093June 30, 1996Full Service Brick and Mortar
    7290261Elizabeth Avenue Branch817 Elizabeth Avenue, Elizabeth, NJ 7201October 12, 1997Full Service Brick and Mortar
    8290262Journal Square Branch1 Journal Square Plaza, Jersey City, NJ 7306December 19, 1997Full Service Retail
    92902638th Street Branch122 8th Street, Passaic, NJ 7055April 10, 1998Full Service Retail
    99358323Columbia Park Branch3123 Kennedy Blvd, North Bergen, NJ 7047June 29, 2000Full Service Brick and Mortar
    104359506Perth Amboy Branch633 State Street, Perth Amboy, NJ 8861December 29, 2000Full Service Brick and Mortar
  • 32 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    062141Banco Popular North America7 West 51st Street, New York, NY 10019January 02, 1999Full Service Brick and Mortar
    51239276Graham Avenue Branch15-25a Graham Avenue, New York City, NY 11206August 29, 1963Full Service Brick and Mortar
    52239277116th Street Branch164 East 116th Street, New York City, NY 10029June 08, 1950Full Service Brick and Mortar
    53239284Jackson Heights Branch83-20/22 Baxter Avenue, New York City, NY 11373January 05, 1970Full Service Brick and Mortar
    54239285Washington Heights Branch615 West 181st Street, New York City, NY 10033January 30, 1970Full Service Brick and Mortar
    55239287Court Street Branch66 Court Street, Brooklyn, NY 11201April 20, 1971Full Service Brick and Mortar
    56239290Columbus Avenue Branch90 West 96th Street, New York, NY 10025January 03, 1973Full Service Brick and Mortar
    57239292East Tremont Branch752 East Tremont Ave And Prospect Av, New York, NY 10460March 25, 1974Full Service Brick and Mortar
    58239303145th Street3540 Broadway And 145th Street, New York City, NY 10031September 22, 1982Full Service Brick and Mortar
    59237096Delancey Street Branch134 Delancey Street, New York City, NY 10002December 17, 1952Full Service Brick and Mortar
    60236695Pitkin Avenue Branch1620 Pitkin Avenue, New York City, NY 11212June 07, 1931Full Service Brick and Mortar
    61236697Eastern Parkway Branch1117 Eastern Parkway, New York City, NY 11213May 08, 1868Full Service Brick and Mortar
    62239406Third Avenue Branch2923 Third Avenue, New York City, NY 10455November 20, 1961Full Service Brick and Mortar
    63239407Rockefeller Center Branch7 West 51st Street, New York City, NY 10019December 02, 1964Full Service Brick and Mortar
    64239409170th Street Broadway4043 Broadway, New York City, NY 10032August 15, 1966Full Service Brick and Mortar
    65239417Junction Boulevard Branch35-30 Junction Boulevard, New York City, NY 11368June 26, 1970Full Service Brick and Mortar
    66239419Fifth Avenue Branch5216 Fifth Avenue, New York City, NY 11220December 04, 1970Full Service Brick and Mortar
    67239443Steinway St Branch28-36 Steinway Street, New York City, NY 11103August 23, 1984Full Service Brick and Mortar
    68239456Seneca Avenue Branch918 Seneca Avenue, Ridgewood, NY 11385September 08, 1988Full Service Brick and Mortar
    69236731Sheepshead Bay Branch1619 Sheepshead Bay Road, New York City, NY 11235May 06, 1949Full Service Brick and Mortar
    7023673225th St Second Avenue Branch441 Second Avenue, New York City, NY 10010Febuary 06, 1965Full Service Brick and Mortar
    71222967Dyckman Branch175 Dyckman Street, New York City, NY 10040September 09, 1965Full Service Brick and Mortar
    72236738Flatlands/Canarsie Branch8020 Flatlands Avenue, Brooklyn, NY 11236June 06, 1977Full Service Brick and Mortar
    73235817111th Street Branch2852 Broadway, New York City, NY 10025October 30, 1946Full Service Brick and Mortar
    74236300West 125th Street Branch231 West 125th Street, New York City, NY 10027July 03, 1967Full Service Brick and Mortar
    75235962E Parkway/Nostrand Branch539 Eastern Parkway, New York City, NY 11216January 02, 1969Full Service Brick and Mortar
    76183516Fordham Branch301 East Fordham Road, New York City, NY 10460November 16, 1942Full Service Brick and Mortar
    77182509Nostrand Branch3851 Nostrand Avenue, New York City, NY 11235December 21, 1959Full Service Brick and Mortar
    78182585Ralph Avenue Branch2095 Ralph Avenue, New York City, NY 11234October 17, 1970Full Service Brick and Mortar
    79235740Southern Boulevard Branch1046-48 Southern Boulevard, New York City, NY 10459December 03, 1948Full Service Brick and Mortar
    98357134Castle Hill Branch1170 Castle Hill Avenue, Bronx, NY 10462December 27, 1999Full Service Brick and Mortar
    159467732East Houston Branch310 East Houston Street, New York, NY 10002April 09, 2007Full Service Brick and Mortar

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