Citibank (South Dakota), N.A. in Sioux Falls, South Dakota (SD)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 2011

Citibank (South Dakota), N.A. - Overview

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

Income and Expense (December 31, 2010)

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

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 14.74%Yield on earning assets
  • 1.73%Cost of funding earning assets
  • 13.02%Net interest margin
  • 2.31%Noninterest income to earning assets
  • 4.58%Noninterest expense to earning assets
  • 0.40%Net operating income to assets
  • 0.40%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 2.35%Return on equity (ROE)
  • 2.35%Retained earnings to average equity (YTD only)
  • 11.52%Net charge-offs to loans
  • 86.45%Credit loss provision to net charge-offs
  • 0.93%Efficiency ratio
  • 26,636Assets per employee
  • 6.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.46%Loss allowance to noncurrent loans
  • 464.46%Noncurrent assets plus other real estate owned to assets
  • 2.20%Noncurrent loans to loans
  • 2.25%Net loans and leases to deposits
  • 248.35%Net loans and leases to core deposits
  • 249.87%Equity capital to assets
  • 16.66%Core capital (leverage) ratio
  • 12.96%Tier 1 risk-based capital ratio
  • 14.44%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $137,545,955Average earning assets
  • $23,219,479Average equity
  • $120,144,207Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $2,784,597Managed Assets
  • 1Number of Accounts
  • $1,607,725Personal trust and agency accounts
  • $1,572,454Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $35,271Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 1616Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,176,872Other retirement accounts
  • $1,174,143Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2009)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $109,403,172Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $1,649,756Commercial and industrial loans

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