Bank of America-Alaska, National Association in Anchorage, Alaska (AK)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • Bank of America-Alaska, National Association in Anchorage, Alaska (AK)
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Bank of America-Alaska, National Association - Overview

  • General
  • FDIC Certificate #: 20209
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#3510)
    Federal Reserve ID: 387868
    Date Established: July 01, 1970
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 13892
    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: July 01, 1970
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 10, 1997
    Last Data Update: January 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 550 West Seventh Avenue, Anchorage, AK 99510
    County: Anchorage
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Seattle
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Anchorage, AK (#380)
    Core Based Statistical Area (CBSA): Anchorage, AK (#11260)
    CBSA Metro Statistical Area: Anchorage, AK (#11260)
  • Financial Summary
  • Total assets: $224.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $91Total assets
  • $224,533Cash and due from depository institutions
  • $16,569Interest-bearing balances
  • $0Securities
  • $899Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $195,765Loan loss allowance
  • $5,389Trading account assets
  • $0Bank premises and fixed assets
  • $5,442Other real estate owned
  • $0Goodwill and other intangibles
  • $3,265Life insurance assets
  • $2,593All other assets
  • $0Total liabilities and capital
  • $224,533Total liabilities
  • $191,454Total deposits
  • $175,062Interest-bearing deposits
  • $132,622Deposits held in domestic offices
  • 175062.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $14,273Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,119Total equity capital
  • $2,119Total bank equity capital
  • $33,079Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $27,962Undivided profits
  • Memoranda
  • $3,117Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,013Income earned, not collected on loans
  • $1,276Earning assets
  • $196,664Long-term assets (5+ years)
  • $25,444Average Assets, year-to-date
  • $235,184Average Assets, quarterly
  • $229,160Volatile liabilities
  • $23,959Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $24,674Unused loan commitments
  • $21,993Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $28,880Total risk weighted assets
  • $189,685Total unused commitments
  • $0Restructured Loans and leases
  • $386,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,581Total interest expense
  • $6,555Net interest income
  • $11,026Provision for loan and lease losses
  • $4,150Total noninterest income
  • $3,823Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,079Trading account gains & fees
  • $0Additional noninterest income
  • $1,744Total noninterest expense
  • $13,462Salaries and employee benefits
  • $5,759Premises and equipment expense
  • $2,454Additional noninterest expense
  • $5,249Pre-tax net operating income
  • -$2,763Securities gains (losses)
  • $0Applicable income taxes
  • -$1,261Income before extraordinary items
  • -$1,502Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,502Net charge-offs
  • $2,861Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.51%Cost of funding earning assets
  • 3.17%Net interest margin
  • 5.34%Noninterest income to earning assets
  • 1.85%Noninterest expense to earning assets
  • 6.52%Net operating income to assets
  • -0.64%Return on assets (ROA)
  • -0.64%Pretax return on assets
  • -1.17%Return on equity (ROE)
  • -4.59%Retained earnings to average equity (YTD only)
  • -4.59%Net charge-offs to loans
  • 1.36%Credit loss provision to net charge-offs
  • 145.05%Efficiency ratio
  • 87,824Assets per employee
  • 2.47%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 134.29%Noncurrent assets plus other real estate owned to assets
  • 1.79%Noncurrent loans to loans
  • 1.99%Net loans and leases to deposits
  • 111.83%Net loans and leases to core deposits
  • 118.38%Equity capital to assets
  • 14.73%Core capital (leverage) ratio
  • 13.00%Tier 1 risk-based capital ratio
  • 15.23%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $235,184Average earning assets
  • $32,752Average equity
  • $206,605Average loans

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