FIA Card Services, National Association in Wilmington, Delaware (DE)



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FIA Card Services, National Association routing number info

Table of contents:
FIA Card Services, National Association
GeneralFDIC Certificate #: 33318
Status: Active
Federal Reserve ID: 1830035
Bank Holding Company (Regulatory Top Holder): Bank Of America Corporation (RSSDID: 1073757, Location: Charlotte, NC)
Date Established: January 29, 1991
WWW: http://www.bankofamerica.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 2 (Domestic: 1, Foreign: 1, Interstate: No)
FDIC's unique #: 46868
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Credit Card Institutions: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: Yes
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Credit-Card Specialization
Date of Deposit Insurance: January 29, 1991
Last Structure Change Effective Date: January 16, 2009
Last Structure Change Process Date: November 24, 2009
Last Data Update: November 24, 2009
Data Source Date: April 05, 2012
LocationAddress: 1100 North King Street, Wilmington, DE 19801
County: New Castle
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: Washington
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)
History of ChangesParticipated in Open Bank Assistance
Financial SummaryTotal assets: $167,004.8 mil
Equity capital: $23,839.6 mil
Deposits held in domestic offices: $92,673.7 mil
Return on assets (ROA): 3.11% ($5,193.9 mil)
Quarterly return on assets: 3.09% ($5,160.5 mil)
Return on Equity (ROE): 21.86% ($5,211.4 mil)
Quarterly return on equity: 21.28% ($5,073.2 mil)
Net income: $5,706.4 mil
Quarterly Net income: $1,325.7 mil
Pretax return on assets: 4.89% ($8,166,534.0 mil)
Quarterly Pretax return on assets: 4.92% ($8,216,635.5 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)
Total employees (full-time equivalent)16,809
Total assets$167,004,786
Cash and due from depository institutions$27,618,490
Interest-bearing balances$25,689,579
Securities$2,827,250
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$127,039,906
Loan loss allowance $8,722,573
Trading account assets$0
Bank premises and fixed assets$410,782
Other real estate owned$0
Goodwill and other intangibles$3,246,386
All other assets$5,861,972
Life insurance assets$167,004,786
Total liabilities and capital$141,884,174
Total liabilities$95,154,699
Total deposits$94,235,943
Interest-bearing deposits$92,673,672
Deposits held in domestic offices$78
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$40,108,071
Other borrowed funds $1,933,298
Subordinated debt $4,688,106
All other liabilities $25,120,612
Total equity capital$23,839,556
Total bank equity capital$23,839,556
Perpetual preferred stock$0
Common stock$940,600
Surplus$42,257,533
Undivided profits $-19,358,577
Memoranda
Noncurrent loans and leases $1,281,056
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,256,822
Income earned, not collected on loans $2,970,274
Earning assets $0
Long-term assets (5+ years) $688,545
Average Assets, year-to-date $155,556,735
Average Assets, quarterly $230,507
Volatile liabilities $183,229,722
Insider loans $171,736,009
FHLB advances $139,883,340
Loans and leases held for sale $173,350,151
Unused loan commitments $586,856
Tier 1 (core) risk-based capital $421,762
Tier 2 risk-based capital $24,645,640
Total risk weighted assets $165,094
Total unused commitments $0
Restructured Loans and leases $455,607,728
Derivatives$1,304
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,239,842
Total interest expense $1,119,296
Net interest income $16,120,546
Provision for loan and lease losses $3,777,821
Total noninterest income $3,221,081
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $3,221,081
Total noninterest expense $6,477,588
Salaries and employee benefits $1,416,635
Premises and equipment expense $195,750
Additional noninterest expense $4,865,203
Pre-tax net operating income $9,086,218
Securities gains (losses) $5,235
Applicable income taxes $3,253,152
Income before extraordinary items $5,838,301
Extraordinary gains - net $0
Net income attributable to bank $5,706,406
Net charge-offs $131,895
Cash dividends $5,838,301
Sale, conversion, retirement of capital stock, net $11,161,062
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 0.67%
Net interest margin 9.64%
Noninterest income to earning assets 1.93%
Noninterest expense to earning assets 3.87%
Net operating income to assets 3.18%
Return on assets (ROA) 3.11%
Pretax return on assets 4.89%
Return on equity (ROE) 21.86%
Retained earnings to average equity (YTD only) 21.86%
Net charge-offs to loans 7.39%
Credit loss provision to net charge-offs 33.85%
Efficiency ratio1.15%
Assets per employee$29,420
Cash dividends to net income (YTD only)9.94%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 6.42%
Noncurrent assets plus other real estate owned to assets 293.66%
Noncurrent loans to loans 1.78%
Net loans and leases to deposits2.19%
Net loans and leases to core deposits 133.51%
Equity capital to assets 154.45%
Core capital (leverage) ratio 14.27%
Tier 1 risk-based capital ratio 14.22%
Total risk-based capital ratio 17.62%
Memoranda
Average assets$19
Average earning assets$183,229,722
Average equity $26,107,136
Average loans $167,296,865
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Bank Assets Sold and Securitized (December 31, 2009)
(Dollar figures in thousands)
Principal balance with servicing or other recourse retained
1-4 family residential loans $0
Home equity lines$0
Credit cards receivables$89,715,859
Auto loans$0
Other consumer loans$0
Commercial and industrial loans$0
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1 Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
4360124Mbna American Bank Cayman Island BraP.O. Box 501, George Town, 0January 29, 1991Full Service Brick and Mortar
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1 Delaware Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
046868Fia Card Services, National Association1100 North King Street, Wilmington, DE 19801January 29, 1991Full Service Brick and Mortar
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