Chase Bank USA, National Association in Newark, Delaware (DE)
| Chase Bank USA, National Association | |
|---|---|
| General | FDIC Certificate #: 23702 Status: Active Federal Reserve ID: 489913 Bank Holding Company (Regulatory Top Holder): Jpmorgan Chase & Co. (RSSDID: 1039502, Location: New York, NY) Date Established: Febuary 11, 1982 WWW: http://www.chase.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 4 (Domestic: 3, Foreign: 1, Interstate: No) FDIC's unique #: 16580 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Credit Card Institutions: Yes Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: Yes State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Credit-Card Specialization Date of Deposit Insurance: Febuary 11, 1982 Last Structure Change Effective Date: May 30, 2007 Last Structure Change Process Date: June 12, 2007 Last Data Update: June 12, 2007 Data Source Date: April 05, 2012 |
| Location | Address: 200 White Clay Center Drive, Newark, DE 19711 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: $121,748.6 mil Equity capital: $24,111.0 mil Deposits held in domestic offices: $27,492.8 mil Return on assets (ROA): 3.25% ($3,956.8 mil) Quarterly return on assets: 2.80% ($3,409.0 mil) Return on Equity (ROE): 15.78% ($3,804.7 mil) Quarterly return on equity: 13.76% ($3,317.7 mil) Net income: $3,947.3 mil Quarterly Net income: $834.1 mil Pretax return on assets: 5.05% ($6,148,302.8 mil) Quarterly Pretax return on assets: 4.26% ($5,186,489.1 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 12,329 |
| Total assets | $121,748,570 |
| Cash and due from depository institutions | $2,844,888 |
| Interest-bearing balances | $1,068,262 |
| Securities | $1,075 |
| Federal funds sold & reverse repurchase agreements | $283,477 |
| Net loans & leases | $97,622,733 |
| Loan loss allowance | $5,527,774 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $271,893 |
| Other real estate owned | $0 |
| Goodwill and other intangibles | $12,922,068 |
| All other assets | $7,802,436 |
| Life insurance assets | $121,748,570 |
| Total liabilities and capital | $97,637,551 |
| Total liabilities | $48,797,419 |
| Total deposits | $48,631,089 |
| Interest-bearing deposits | $27,492,775 |
| Deposits held in domestic offices | $14 |
| % insured (estimated) | 454000.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $41,186,539 |
| Other borrowed funds | $2,150,000 |
| Subordinated debt | $5,049,593 |
| All other liabilities | $24,111,019 |
| Total equity capital | $24,111,019 |
| Total bank equity capital | $24,111,019 |
| Perpetual preferred stock | $0 |
| Common stock | $49,000 |
| Surplus | $22,258,172 |
| Undivided profits | $1,803,847 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $100,001 |
| Income earned, not collected on loans | $1,406,304 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $493,232 |
| Average Assets, year-to-date | $98,975,547 |
| Average Assets, quarterly | $2,070 |
| Volatile liabilities | $121,435,156 |
| Insider loans | $119,368,472 |
| FHLB advances | $107,421,116 |
| Loans and leases held for sale | $106,311,643 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $11,903,393 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $503,029,502 |
| Derivatives | $4,172 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $12,133,834 |
| Total interest expense | $620,862 |
| Net interest income | $11,512,972 |
| Provision for loan and lease losses | $1,953,374 |
| Total noninterest income | $3,707,938 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $304 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $3,707,634 |
| Total noninterest expense | $7,239,515 |
| Salaries and employee benefits | $947,392 |
| Premises and equipment expense | $131,717 |
| Additional noninterest expense | $6,160,406 |
| Pre-tax net operating income | $6,028,021 |
| Securities gains (losses) | $107,350 |
| Applicable income taxes | $2,188,119 |
| Income before extraordinary items | $3,947,252 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $3,947,252 |
| Net charge-offs | $0 |
| Cash dividends | $3,947,252 |
| Sale, conversion, retirement of capital stock, net | $4,382,089 |
| Net operating income | $5,000,000 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 12.21% |
| Cost of funding earning assets | 0.62% |
| Net interest margin | 11.59% |
| Noninterest income to earning assets | 3.73% |
| Noninterest expense to earning assets | 7.29% |
| Net operating income to assets | 3.19% |
| Return on assets (ROA) | 3.25% |
| Pretax return on assets | 5.05% |
| Return on equity (ROE) | 15.78% |
| Retained earnings to average equity (YTD only) | -4.21% |
| Net charge-offs to loans | 4.21% |
| Credit loss provision to net charge-offs | 44.58% |
| Efficiency ratio | 1.82% |
| Assets per employee | $45,740 |
| Cash dividends to net income (YTD only) | 9.87% |
| Condition Ratios (%) | |
| Loss allowance to loans | 126.67% |
| Loss allowance to noncurrent loans | 5.36% |
| Noncurrent assets plus other real estate owned to assets | 393.07% |
| Noncurrent loans to loans | 1.16% |
| Net loans and leases to deposits | 1.36% |
| Net loans and leases to core deposits | 200.06% |
| Equity capital to assets | 2756.84% |
| Core capital (leverage) ratio | 19.80% |
| Tier 1 risk-based capital ratio | 11.20% |
| Total risk-based capital ratio | 11.08% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $121,435,156 |
| Average equity | $25,016,958 |
| Average loans | $99,352,505 |
| Total Fiduciary and Related Assets (December 31, 2005) (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 | $1,663,752 |
| Number of Accounts | 1 |
| 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 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 139 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $1,663,752 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| Bank Assets Sold and Securitized (December 31, 2011) (Dollar figures in thousands) | |
| Principal balance with servicing or other recourse retained | |
| 1-4 family residential loans | $0 |
| Home equity lines | $0 |
| Credit cards receivables | $0 |
| Auto loans | $0 |
| Other consumer loans | $437 |
| Commercial and industrial loans | $0 |
| 1 Branch as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 6 | 257088 | Cayman Islands Branch Frgn | Main Street, George Town, 0 | October 13, 1983 | Full Service Brick and Mortar |  |
| 3 Delaware Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 16580 | Chase Bank Usa, National Association | 200 White Clay Center Drive, Newark, DE 19711 | Febuary 11, 1982 | Full Service Brick and Mortar |  |
| 8 | 17030 | Bank One Delaware N.A. Branch | 201 Walnut Street, Wilmington, DE 19801 | May 11, 1983 | Limited Service Administrative | |
| 9 | 444137 | Chase Usa Na Branch | 301 North Walnut St, Wilmington, DE 19810 | October 01, 2004 | Limited Service Administrative | |
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