Bank One, Utah, National Association in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 09, 2001

  • Bank One, Utah, National Association in Salt Lake City, Utah (UT)
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Bank One, Utah, National Association - Overview

  • General
  • FDIC Certificate #: 16703
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank One, National Association (#3618)
    Federal Reserve ID: 294872
    Date Established: June 01, 1948
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 25 (Interstate: No)
    FDIC's unique #: 10826
    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: June 01, 1948
    Last Structure Change Effective Date: November 09, 2001
    Last Structure Change Process Date: December 12, 2001
    Last Data Update: December 12, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 50 West Broadway, Suite 200, Salt Lake City, UT 84101
    County: Salt Lake
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Chicago
    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: $1,266.0 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
  • 296Total employees (full-time equivalent)
  • $1,150,419Total assets
  • $89,418Cash and due from depository institutions
  • $0Interest-bearing balances
  • $76,450Securities
  • $255,000Federal funds sold & reverse repurchase agreements
  • $692,869Net loans & leases
  • $6,837Loan loss allowance
  • $89Trading account assets
  • $14,095Bank premises and fixed assets
  • $184Other real estate owned
  • $1,110Goodwill and other intangibles
  • $0Life insurance assets
  • $21,204All other assets
  • $1,150,419Total liabilities and capital
  • $1,058,913Total liabilities
  • $1,004,770Total deposits
  • $749,980Interest-bearing deposits
  • $1,004,770Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,771Federal funds purchased & repurchase agreements
  • $4,383Trading liabilities
  • $1,780Other borrowed funds
  • $20,000Subordinated debt
  • $14,209All other liabilities
  • $91,506Total equity capital
  • $91,506Total bank equity capital
  • $91,506Perpetual preferred stock
  • $0Common stock
  • $28,282Surplus
  • $88,636Undivided profits
  • Memoranda
  • $-25,412Noncurrent loans and leases
  • $278,481Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $15,032Earning assets
  • $30Long-term assets (5+ years)
  • $5,897Average Assets, year-to-date
  • $1,024,319Average Assets, quarterly
  • $77,885Volatile liabilities
  • $1,148,718Insider loans
  • $1,157,028FHLB advances
  • $111,594Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $265,242Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $278,481Total unused commitments
  • $0Restructured Loans and leases
  • $26,837Derivatives
  • $486Total assets and liabilities in foreign offices

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $87,518Total interest income
  • $34,656Total interest expense
  • $52,862Net interest income
  • $6,967Provision for loan and lease losses
  • $48,340Total noninterest income
  • $164Fiduciary activities
  • $8,908Service charges on deposit accounts
  • -$272Trading account gains & fees
  • $39,540Additional noninterest income
  • $75,997Total noninterest expense
  • $12,559Salaries and employee benefits
  • $21,934Premises and equipment expense
  • $41,504Additional noninterest expense
  • $18,238Pre-tax net operating income
  • -$707Securities gains (losses)
  • $6,123Applicable income taxes
  • $11,408Income before extraordinary items
  • $0Extraordinary gains - net
  • $11,408Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7,470Sale, conversion, retirement of capital stock, net
  • $10,000Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.83%Yield on earning assets
  • 3.50%Cost of funding earning assets
  • 5.34%Net interest margin
  • 4.88%Noninterest income to earning assets
  • 7.67%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 0.99%Return on assets (ROA)
  • 1.53%Pretax return on assets
  • 11.46%Return on equity (ROE)
  • 1.41%Retained earnings to average equity (YTD only)
  • 1.01%Net charge-offs to loans
  • 93.27%Credit loss provision to net charge-offs
  • 3.37%Efficiency ratio
  • 74,952Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 87.66%Loss allowance to loans
  • 0.98%Loss allowance to noncurrent loans
  • 45.48%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 68.96%Net loans and leases to core deposits
  • 76.28%Equity capital to assets
  • 7.95%Core capital (leverage) ratio
  • 8.00%Tier 1 risk-based capital ratio
  • 11.04%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $1,148,718Average earning assets
  • $99,523Average equity
  • $990,725Average loans

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