Citibank (South Dakota), N.A. in Sioux Falls, South Dakota (SD)



Show street view No street view available for this location

Citibank (South Dakota), N.A. routing number info

Table of contents:
Citibank (South Dakota), N.A.
GeneralFDIC Certificate #: 23360
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citibank, National Association (#7213)
Federal Reserve ID: 486752
Date Established: Febuary 19, 1981
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Interstate: No)
FDIC's unique #: 16378
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 19, 1981
Last Structure Change Effective Date: July 01, 2011
Last Structure Change Process Date: July 06, 2011
Last Data Update: July 06, 2011
Data Source Date: April 05, 2012
LocationAddress: 701 East 60th Street North, Sioux Falls, SD 57104
County: Minnehaha
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: New York
FDIC Field Office: Sioux Falls
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Sioux Falls, SD (#7760)
Core Based Statistical Area (CBSA): Sioux Falls, SD (#43620)
CBSA Metro Statistical Area: Sioux Falls, SD (#43620)
Financial SummaryTotal assets: $119,842.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
(Dollar figures in thousands)
Total employees (full-time equivalent)21,382
Total assets$142,350,173
Cash and due from depository institutions$1,556,372
Interest-bearing balances$167,588
Securities$66,430
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$124,680,300
Loan loss allowance $14,568,605
Trading account assets$2,491,292
Bank premises and fixed assets$361,108
Other real estate owned$0
Goodwill and other intangibles$6,035,009
All other assets$7,159,662
Life insurance assets$0
Total liabilities and capital$142,350,173
Total liabilities$118,634,376
Total deposits$50,203,216
Interest-bearing deposits$49,611,442
Deposits held in domestic offices$50,203,216
% insured (estimated)84.65%
Federal funds purchased & repurchase agreements $3,276,500
Trading liabilities$1,054,382
Other borrowed funds $60,080,063
Subordinated debt $0
All other liabilities $4,020,215
Total equity capital$23,715,797
Total bank equity capital$23,715,797
Perpetual preferred stock$23,715,797
Common stock$0
Surplus$113,000
Undivided profits $27,754,342
Memoranda
Noncurrent loans and leases $-4,151,545
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $570,456,087
Income earned, not collected on loans $0
Earning assets $3,136,651
Long-term assets (5+ years) $9,133
Average Assets, year-to-date $1,299
Average Assets, quarterly $124,914,318
Volatile liabilities $3,819
Insider loans $137,545,955
FHLB advances $142,979,548
Loans and leases held for sale $17,230,703
Unused loan commitments $3,765
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $19,814,856
Total risk weighted assets $0
Total unused commitments $570,456,087
Restructured Loans and leases $0
Derivatives$1,684,391
Back to page top, Back to table top

Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $17,715,039
Total interest expense $2,076,381
Net interest income $15,638,658
Provision for loan and lease losses $12,064,513
Total noninterest income $2,777,636
Fiduciary activities $7,634
Service charges on deposit accounts $0
Trading account gains & fees $3,195
Additional noninterest income $2,766,807
Total noninterest expense $5,503,225
Salaries and employee benefits $1,250,496
Premises and equipment expense $257,353
Additional noninterest expense $3,995,376
Pre-tax net operating income $848,556
Securities gains (losses) $0
Applicable income taxes $302,355
Income before extraordinary items $546,201
Extraordinary gains - net $0
Net income attributable to bank $546,201
Net charge-offs $0
Cash dividends $546,201
Sale, conversion, retirement of capital stock, net $13,956,251
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets14.74%
Cost of funding earning assets 1.73%
Net interest margin 13.02%
Noninterest income to earning assets 2.31%
Noninterest expense to earning assets 4.58%
Net operating income to assets 0.40%
Return on assets (ROA) 0.40%
Pretax return on assets 0.62%
Return on equity (ROE) 2.35%
Retained earnings to average equity (YTD only) 2.35%
Net charge-offs to loans 11.52%
Credit loss provision to net charge-offs 86.45%
Efficiency ratio0.93%
Assets per employee$26,636
Cash dividends to net income (YTD only)6.66%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 10.46%
Noncurrent assets plus other real estate owned to assets 464.46%
Noncurrent loans to loans 2.20%
Net loans and leases to deposits2.25%
Net loans and leases to core deposits 248.35%
Equity capital to assets 249.87%
Core capital (leverage) ratio 16.66%
Tier 1 risk-based capital ratio 12.96%
Total risk-based capital ratio 14.44%
Memoranda
Average assets$16
Average earning assets$137,545,955
Average equity $23,219,479
Average loans $120,144,207
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2010)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$2,784,597
Number of Accounts1
Personal trust and agency accounts$1,607,725
Employee benefit-defined contribution accounts$1,572,454
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$35,271
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts1616
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$1,176,872
Corporate trust and agency accounts$1,174,143
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

Bank Assets Sold and Securitized (December 31, 2009)
(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$109,403,172
Auto loans$0
Other consumer loans$0
Commercial and industrial loans$1,649,756
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citibank (South Dakota), N.A..
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.