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

  • E*TRADE United Bank in Arlington, Virginia (VA)
  • Show street view No street view available for this location

E*TRADE United Bank - Overview

  • General
  • FDIC Certificate #: 32477
    Status: Active
    Federal Reserve ID: 648877
    Date Established: June 04, 1986
    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: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 8308
    FDIC's unique #: 45311
    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 04, 1986
    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, 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: $421.2 mil
    Equity capital: $48.8 mil
    Deposits held in domestic offices: $362.2 mil
    Return on assets (ROA): 1.43% ($6.0 mil)
    Quarterly return on assets: 1.16% ($4.9 mil)
    Return on Equity (ROE): 12.03% ($5.9 mil)
    Quarterly return on equity: 9.66% ($4.7 mil)
    Net income: $5.3 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 1.87% ($7,877.2 mil)
    Quarterly Pretax return on assets: 0.96% ($4,043.9 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
  • 0Total employees (full-time equivalent)
  • $421,238Total assets
  • $35Cash and due from depository institutions
  • $29Interest-bearing balances
  • $323,132Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $90,972Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $1,460Goodwill and other intangibles
  • $421,238Life insurance assets
  • $5,639All other assets
  • $372,472Total liabilities and capital
  • $362,152Total liabilities
  • $362,152Total deposits
  • $362,152Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,794Trading liabilities
  • $0Other borrowed funds
  • $526Subordinated debt
  • $48,766All other liabilities
  • $48,766Total equity capital
  • $48,766Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $50,985Surplus
  • $-2,219Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,098Long-term assets (5+ years)
  • $414,133Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $372,339Volatile liabilities
  • $400,307Insider loans
  • $105,764FHLB advances
  • $414,258Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $40,345Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,531Total interest income
  • $316Total interest expense
  • $9,215Net interest income
  • $0Provision for loan and lease losses
  • $0Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $4,348Total noninterest expense
  • $60Salaries and employee benefits
  • $0Premises and equipment expense
  • $4,288Additional noninterest expense
  • $4,867Pre-tax net operating income
  • $2,094Securities gains (losses)
  • $1,623Applicable income taxes
  • $5,338Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,338Net income attributable to bank
  • $0Net charge-offs
  • $5,338Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.61%Yield on earning assets
  • 0.09%Cost of funding earning assets
  • 2.53%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 1.19%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.43%Return on assets (ROA)
  • 1.87%Pretax return on assets
  • 12.03%Return on equity (ROE)
  • 12.03%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 47,184Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 25.12%Net loans and leases to core deposits
  • -606480.00%Equity capital to assets
  • 11.58%Core capital (leverage) ratio
  • 10.09%Tier 1 risk-based capital ratio
  • 38.15%Total risk-based capital ratio
  • Memoranda
  • $38Average assets
  • $372,339Average earning assets
  • $44,356Average equity
  • $364,568Average loans

List of branches

  • 1 Virginia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    045311E*trade United Bank671 North Glebe Road, Arlington, VA 22203June 04, 1986Full Service Brick and Mortar

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with E*TRADE United Bank.
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.
Table of Contents