EnerBank USA in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • EnerBank USA in Salt Lake City, Utah (UT)
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EnerBank USA - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Location
  • Financial Summary
  • Total 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
  • 119Total employees (full-time equivalent)
  • $522,905Total assets
  • $19,309Cash and due from depository institutions
  • $0Interest-bearing balances
  • $6,959Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $481,113Net loans & leases
  • $4,856Loan loss allowance
  • $0Trading account assets
  • $1,447Bank premises and fixed assets
  • $0Other real estate owned
  • $1,232Goodwill and other intangibles
  • $522,905Life insurance assets
  • $12,845All other assets
  • $472,094Total liabilities and capital
  • $462,221Total liabilities
  • $462,221Total deposits
  • $462,221Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $9,873Subordinated debt
  • $50,811All other liabilities
  • $50,811Total equity capital
  • $50,811Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $29,409Surplus
  • $21,401Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $668Income earned, not collected on loans
  • $0Earning assets
  • $6,291Long-term assets (5+ years)
  • $488,072Average Assets, year-to-date
  • $441,933Average Assets, quarterly
  • $454,249Volatile liabilities
  • $500,056Insider loans
  • $506,103FHLB advances
  • $498,759Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $49,579Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $96,603Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $43,632Total interest income
  • $6,299Total interest expense
  • $37,333Net interest income
  • $4,199Provision for loan and lease losses
  • $336Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $336Additional noninterest income
  • $16,791Total noninterest expense
  • $11,540Salaries and employee benefits
  • $1,922Premises and equipment expense
  • $3,329Additional noninterest expense
  • $16,679Pre-tax net operating income
  • $0Securities gains (losses)
  • $6,288Applicable income taxes
  • $10,391Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,391Net income attributable to bank
  • $0Net charge-offs
  • $10,391Cash dividends
  • $3,960Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.30%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 8.81%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 3.96%Noninterest expense to earning assets
  • 2.29%Net operating income to assets
  • 2.29%Return on assets (ROA)
  • 3.67%Pretax return on assets
  • 23.19%Return on equity (ROE)
  • 23.19%Retained earnings to average equity (YTD only)
  • 0.94%Net charge-offs to loans
  • 106.04%Credit loss provision to net charge-offs
  • 5.27%Efficiency ratio
  • 43,487Assets per employee
  • 4.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 726.95%Noncurrent assets plus other real estate owned to assets
  • 0.13%Noncurrent loans to loans
  • 0.14%Net loans and leases to deposits
  • 104.09%Net loans and leases to core deposits
  • 3084.45%Equity capital to assets
  • 9.72%Core capital (leverage) ratio
  • 9.94%Tier 1 risk-based capital ratio
  • 9.80%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $454,249Average earning assets
  • $44,813Average equity
  • $423,623Average loans

List of branches

  • 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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