EnerBank USA in Salt Lake City, Utah (UT)



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EnerBank USA routing number info

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EnerBank USA
GeneralFDIC Certificate #: 57293
Status: Active
Federal Reserve ID: 3121072
Date Established: June 03, 2002
WWW: http://www.enerbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 360710
Numeric code: 23
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Consumer Lending Specialization
Date of Deposit Insurance: June 03, 2002
Last Structure Change Effective Date: September 05, 2006
Last Structure Change Process Date: October 06, 2006
Last Data Update: October 06, 2006
Data Source Date: April 05, 2012
LocationAddress: 1245 E. Brickyard Road, Suite 640, Salt Lake City, UT 84106
County: Salt Lake
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
History of ChangesChange in Location
Financial SummaryTotal assets: $522.9 mil
Equity capital: $50.8 mil
Deposits held in domestic offices: $462.2 mil
Return on assets (ROA): 2.29% ($12.0 mil)
Quarterly return on assets: 2.32% ($12.1 mil)
Return on Equity (ROE): 23.19% ($11.8 mil)
Quarterly return on equity: 23.72% ($12.1 mil)
Net income: $10.4 mil
Quarterly Net income: $2.9 mil
Pretax return on assets: 3.67% ($19,190.6 mil)
Quarterly Pretax return on assets: 3.78% ($19,765.8 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)
Total employees (full-time equivalent)119
Total assets$522,905
Cash and due from depository institutions$19,309
Interest-bearing balances$0
Securities$6,959
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$481,113
Loan loss allowance $4,856
Trading account assets$0
Bank premises and fixed assets$1,447
Other real estate owned$0
Goodwill and other intangibles$1,232
All other assets$12,845
Life insurance assets$522,905
Total liabilities and capital$472,094
Total liabilities$462,221
Total deposits$462,221
Interest-bearing deposits$462,221
Deposits held in domestic offices$100
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $9,873
All other liabilities $50,811
Total equity capital$50,811
Total bank equity capital$50,811
Perpetual preferred stock$0
Common stock$1
Surplus$29,409
Undivided profits $21,401
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $668
Earning assets $0
Long-term assets (5+ years) $6,291
Average Assets, year-to-date $488,072
Average Assets, quarterly $441,933
Volatile liabilities $454,249
Insider loans $500,056
FHLB advances $506,103
Loans and leases held for sale $498,759
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $49,579
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $96,603
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $43,632
Total interest expense $6,299
Net interest income $37,333
Provision for loan and lease losses $4,199
Total noninterest income $336
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $336
Total noninterest expense $16,791
Salaries and employee benefits $11,540
Premises and equipment expense $1,922
Additional noninterest expense $3,329
Pre-tax net operating income $16,679
Securities gains (losses) $0
Applicable income taxes $6,288
Income before extraordinary items $10,391
Extraordinary gains - net $0
Net income attributable to bank $10,391
Net charge-offs $0
Cash dividends $10,391
Sale, conversion, retirement of capital stock, net $3,960
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets10.30%
Cost of funding earning assets 1.49%
Net interest margin 8.81%
Noninterest income to earning assets 0.08%
Noninterest expense to earning assets 3.96%
Net operating income to assets 2.29%
Return on assets (ROA) 2.29%
Pretax return on assets 3.67%
Return on equity (ROE) 23.19%
Retained earnings to average equity (YTD only) 23.19%
Net charge-offs to loans 0.94%
Credit loss provision to net charge-offs 106.04%
Efficiency ratio5.27%
Assets per employee$43,487
Cash dividends to net income (YTD only)4.39%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.00%
Noncurrent assets plus other real estate owned to assets 726.95%
Noncurrent loans to loans 0.13%
Net loans and leases to deposits0.14%
Net loans and leases to core deposits 104.09%
Equity capital to assets 3084.45%
Core capital (leverage) ratio 9.72%
Tier 1 risk-based capital ratio 9.94%
Total risk-based capital ratio 9.80%
Memoranda
Average assets$11
Average earning assets$454,249
Average equity $44,813
Average loans $423,623
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1 Utah Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0360710Enerbank Usa1245 E. Brickyard Road, Suite 640, Salt Lake City, UT 84106June 03, 2002Full Service Brick and Mortar
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