E*TRADE Bank in city_name, state_name - Detailed Financial Reports, Location

E*TRADE Bank in Arlington, Virginia (VA)
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E*TRADE Bank - Overview

General
FDIC Certificate #: 30746
Status: Active
Federal Reserve ID: 370271
Date Established: January 01, 1933
WWW: http://www.etrade.com
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 5848
FDIC's unique #: 43580
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: June 23, 1955
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
Location
Address: 671 North Glebe Road, 16th Floor, Arlington, VA 22203
County: Arlington
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Richmond
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $45,806.4 mil
Equity capital: $5,445.2 mil
Deposits held in domestic offices: $32,016.6 mil
Return on assets (ROA): 0.67% ($306.9 mil)
Quarterly return on assets: 0.72% ($329.8 mil)
Return on Equity (ROE): 5.68% ($309.3 mil)
Quarterly return on equity: 6.02% ($327.8 mil)
Net income: $301.8 mil
Quarterly Net income: $81.4 mil
Pretax return on assets: 0.99% ($453,483.0 mil)
Quarterly Pretax return on assets: 0.75% ($343,547.7 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
1,198Total employees (full-time equivalent)
$45,806,360Total assets
$2,805,359Cash and due from depository institutions
$2,787,613Interest-bearing balances
$21,407,871Securities
$261,072Federal funds sold & reverse repurchase agreements
$17,007,189Net loans & leases
$502,673Loan loss allowance
$747Trading account assets
$2,653Bank premises and fixed assets
$79,777Other real estate owned
$2,030,979Goodwill and other intangibles
$45,806,360Life insurance assets
$2,210,713All other assets
$40,361,126Total liabilities and capital
$32,016,560Total liabilities
$31,756,041Total deposits
$32,016,560Interest-bearing deposits
$75Deposits held in domestic offices
5010489.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,395,927Trading liabilities
$0Other borrowed funds
$938,150Subordinated debt
$5,445,234All other liabilities
$5,445,234Total equity capital
$5,445,234Total bank equity capital
$0Perpetual preferred stock
$19Common stock
$6,408,464Surplus
$-963,249Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,073,056Income earned, not collected on loans
$0Earning assets
$158,718Long-term assets (5+ years)
$41,464,492Average Assets, year-to-date
$0Average Assets, quarterly
$44,968,755Volatile liabilities
$45,124,234Insider loans
$20,862,432FHLB advances
$43,275,696Loans and leases held for sale
$287,129Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,338,618Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$872,301Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$1,510,102Total interest income
$295,846Total interest expense
$1,214,256Net interest income
$440,613Provision for loan and lease losses
$543,442Total noninterest income
$0Fiduciary activities
$12,785Service charges on deposit accounts
-$3,365Trading account gains & fees
$534,022Additional noninterest income
$979,930Total noninterest expense
$118,045Salaries and employee benefits
$12,958Premises and equipment expense
$848,927Additional noninterest expense
$337,155Pre-tax net operating income
$107,247Securities gains (losses)
$142,629Applicable income taxes
$301,773Income before extraordinary items
$0Extraordinary gains - net
$301,773Net income attributable to bank
$0Net charge-offs
$301,773Cash dividends
$612,142Sale, conversion, retirement of capital stock, net
$62,000Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
3.72%Yield on earning assets
0.73%Cost of funding earning assets
2.99%Net interest margin
1.34%Noninterest income to earning assets
2.41%Noninterest expense to earning assets
0.51%Net operating income to assets
0.67%Return on assets (ROA)
0.99%Pretax return on assets
5.68%Return on equity (ROE)
4.51%Retained earnings to average equity (YTD only)
3.16%Net charge-offs to loans
71.98%Credit loss provision to net charge-offs
1.27%Efficiency ratio
53,717Assets per employee
38.24%Cash dividends to net income (YTD only)
Condition Ratios (%)
20.55%Loss allowance to loans
2.87%Loss allowance to noncurrent loans
46.84%Noncurrent assets plus other real estate owned to assets
2.52%Noncurrent loans to loans
6.13%Net loans and leases to deposits
53.12%Net loans and leases to core deposits
102.86%Equity capital to assets
11.89%Core capital (leverage) ratio
7.75%Tier 1 risk-based capital ratio
16.00%Total risk-based capital ratio
Memoranda
$17Average assets
$44,968,755Average earning assets
$5,311,442Average equity
$40,589,938Average loans

List of branches

2 Virginia Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	43580	E*trade Bank	671 North Glebe Road, 16th Floor, Arlington, VA 22203	January 01, 1933	Full Service Brick and Mortar
5	363578	North Glebe Road Teller Station Bran	671 North Glebe Road, Arlington, VA 22203	June 12, 2001	Limited Service Facility

E*TRADE Bank in Arlington, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

E*TRADE Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

E*TRADE Bank in Arlington, Virginia (VA)Overview, Financial Summary, Detailed Financial Reports, Branches

E*TRADE Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

E*TRADE Bank in Arlington, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches