First-Citizens Bank, National Association - Overview
General
FDIC Certificate #: 34453 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First-Citizens Bank & Trust Company (#11063) Federal Reserve ID: 2580506 Date Established: June 02, 1997 WWW:http://www.firstcitizens.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) OTS Docket #: 15991 FDIC's unique #: 57217 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: June 02, 1997 Last Structure Change Effective Date: June 15, 2006 Last Structure Change Process Date: July 11, 2006 Last Data Update: July 11, 2006 Data Source Date: April 05, 2012
Location
Address: 110 Church Avenue , Suite 310, Roanoke, VA 24011 County: Roanoke City 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): Roanoke, VA (#6800) Core Based Statistical Area (CBSA): Roanoke, VA (#40220) CBSA Metro Statistical Area: Roanoke, VA (#40220)
Financial Summary
Total assets: $204.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
63Total employees (full-time equivalent)
$222,092Total assets
$6,293Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$203,189Net loans & leases
$14,921Loan loss allowance
$0Trading account assets
$87Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$12,523All other assets
$222,092Total liabilities and capital
$155,378Total liabilities
$1,034Total deposits
$500Interest-bearing deposits
$1,034Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$146,362Other borrowed funds
$0Subordinated debt
$7,982All other liabilities
$66,714Total equity capital
$66,714Total bank equity capital
$66,714Perpetual preferred stock
$0Common stock
$6,000Surplus
$8,100Undivided profits
Memoranda
$52,614Noncurrent loans and leases
$698,229Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$509Earning assets
$0Long-term assets (5+ years)
$537Average Assets, year-to-date
$203,189Average Assets, quarterly
$0Volatile liabilities
$211,802Insider loans
$213,410FHLB advances
$146,862Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$698,229Total unused commitments
$0Restructured Loans and leases
$2,900Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$17,709Total interest income
$8,363Total interest expense
$9,346Net interest income
$5,242Provision for loan and lease losses
$49,848Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$49,848Additional noninterest income
$40,657Total noninterest expense
$3,389Salaries and employee benefits
$390Premises and equipment expense
$36,878Additional noninterest expense
$13,295Pre-tax net operating income
$0Securities gains (losses)
$5,172Applicable income taxes
$8,123Income before extraordinary items
$0Extraordinary gains - net
$8,123Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4,842Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.30%Yield on earning assets
4.39%Cost of funding earning assets
4.91%Net interest margin
26.17%Noninterest income to earning assets
21.35%Noninterest expense to earning assets
3.84%Net operating income to assets
3.84%Return on assets (ROA)
6.28%Pretax return on assets
13.02%Return on equity (ROE)
13.02%Retained earnings to average equity (YTD only)
2.36%Net charge-offs to loans
108.26%Credit loss provision to net charge-offs
3.83%Efficiency ratio
68,684Assets per employee
3.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
6.84%Loss allowance to noncurrent loans
2931.43%Noncurrent assets plus other real estate owned to assets
0.23%Noncurrent loans to loans
0.23%Net loans and leases to deposits
19650.77%Net loans and leases to core deposits
38050.37%Equity capital to assets
30.04%Core capital (leverage) ratio
32.25%Tier 1 risk-based capital ratio
30.58%Total risk-based capital ratio
Memoranda
$32Average assets
$211,802Average earning assets
$62,391Average equity
$190,451Average loans
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