FDIC Certificate #: 18708 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citibank, National Association (#7213) Federal Reserve ID: 374112 Bank Holding Company (Regulatory Top Holder): Citigroup Inc. (RSSDID: 1951350, Location: New York, NY) Date Established: Febuary 25, 1963 WWW:http://www.citicorptrustbank.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14470 FDIC's unique #: 12577 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Mortgage Lending Specialization Date of Deposit Insurance: Febuary 25, 1963 Last Structure Change Effective Date: January 01, 2012 Last Structure Change Process Date: January 10, 2012 Last Data Update: January 10, 2012 Data Source Date: April 05, 2012
Location
Address: 4500 New Linden Hill Road, Wilmington, DE 19808 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: $11,818.1 mil Equity capital: $1,308.1 mil Deposits held in domestic offices: $132.0 mil Return on assets (ROA): 0.02% ($2.4 mil) Quarterly return on assets: 0.98% ($115.8 mil) Return on Equity (ROE): 0.21% ($2.7 mil) Quarterly return on equity: 8.99% ($117.6 mil) Net income: $2.8 mil Quarterly Net income: $28.9 mil Pretax return on assets: -0.08% (-$9,454.5 mil) Quarterly Pretax return on assets: 0.98% ($115,817.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
48Total employees (full-time equivalent)
$11,818,068Total assets
$5,771Cash and due from depository institutions
$4,738Interest-bearing balances
$49Securities
$1,879,000Federal funds sold & reverse repurchase agreements
$9,272,987Net loans & leases
$632,677Loan loss allowance
$0Trading account assets
$86Bank premises and fixed assets
$11,032Other real estate owned
$1,050Goodwill and other intangibles
$11,818,068Life insurance assets
$648,093All other assets
$10,509,989Total liabilities and capital
$132,049Total liabilities
$127,829Total deposits
$132,049Interest-bearing deposits
$3Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$9,932,000Trading liabilities
$0Other borrowed funds
$445,940Subordinated debt
$1,308,079All other liabilities
$1,308,079Total equity capital
$1,308,079Total bank equity capital
$0Perpetual preferred stock
$7,600Common stock
$577,587Surplus
$722,892Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$485,953Income earned, not collected on loans
$1,293Earning assets
$37,436Long-term assets (5+ years)
$11,156,774Average Assets, year-to-date
$0Average Assets, quarterly
$12,437,508Volatile liabilities
$11,753,811Insider loans
$5,939,019FHLB advances
$11,818,068Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,400,956Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$7,526Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$720,212Total interest income
$382,240Total interest expense
$337,972Net interest income
$483,050Provision for loan and lease losses
$289,529Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$289,529Additional noninterest income
$154,104Total noninterest expense
$7,134Salaries and employee benefits
$437Premises and equipment expense
$146,533Additional noninterest expense
-$9,653Pre-tax net operating income
$0Securities gains (losses)
-$12,443Applicable income taxes
$2,790Income before extraordinary items
$0Extraordinary gains - net
$2,790Net income attributable to bank
$0Net charge-offs
$2,790Cash dividends
$205,050Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.08%Yield on earning assets
3.23%Cost of funding earning assets
2.85%Net interest margin
2.44%Noninterest income to earning assets
1.30%Noninterest expense to earning assets
0.02%Net operating income to assets
0.02%Return on assets (ROA)
-0.08%Pretax return on assets
0.21%Return on equity (ROE)
0.21%Retained earnings to average equity (YTD only)
1.86%Net charge-offs to loans
235.58%Credit loss provision to net charge-offs
2.31%Efficiency ratio
24,492Assets per employee
246.21%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
6.39%Loss allowance to noncurrent loans
130.19%Noncurrent assets plus other real estate owned to assets
4.21%Noncurrent loans to loans
4.91%Net loans and leases to deposits
7022.38%Net loans and leases to core deposits
219739.03%Equity capital to assets
11.07%Core capital (leverage) ratio
11.85%Tier 1 risk-based capital ratio
23.59%Total risk-based capital ratio
Memoranda
$25Average assets
$12,437,508Average earning assets
$1,300,604Average equity
$11,842,353Average loans
Total Fiduciary and Related Assets (December 31, 2006)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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