First Security Bank of Idaho, National Association in Boise, Idaho (ID)



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First Security Bank of Idaho, National Association
GeneralFDIC Certificate #: 13791
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Northwest, National Association (#13718)
Federal Reserve ID: 637068
Date Established: January 01, 1865
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 95 (Interstate: No)
OTS Docket #: 9581
FDIC's unique #: 8623
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 21, 1996
Last Structure Change Process Date: June 27, 1996
Last Data Update: June 27, 1996
Data Source Date: April 05, 2012
LocationAddress: 119 North Ninth Street, Boise, ID 83702
County: Ada
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: Western
Metropolitan Statistical Area (MSA): Boise City, ID (#1080)
Core Based Statistical Area (CBSA): Boise City-Nampa, ID (#14260)
CBSA Metro Statistical Area: Boise City-Nampa, ID (#14260)
Financial SummaryTotal assets: $3,906.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$1,342
Cash and due from depository institutions$3,991,969
Interest-bearing balances$113,545
Securities$3,789
Federal funds sold & reverse repurchase agreements$544,277
Net loans & leases$99,049
Loan loss allowance $2,923,234
Trading account assets$36,476
Bank premises and fixed assets$190,823
Other real estate owned$53,580
Goodwill and other intangibles$807
All other assets$14,165
Life insurance assets$52,489
Total liabilities and capital$0
Total liabilities$3,991,969
Total deposits$3,700,605
Interest-bearing deposits$2,701,267
Deposits held in domestic offices$2,217,025
% insured (estimated)2701267.00%
Federal funds purchased & repurchase agreements $87
Trading liabilities$474,101
Other borrowed funds $17,119
Subordinated debt $396,823
All other liabilities $30,000
Total equity capital$81,295
Total bank equity capital$81,295
Perpetual preferred stock$291,364
Common stock$0
Surplus$15,277
Undivided profits $92,120
Memoranda
Noncurrent loans and leases $183,967
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $12,575
Earning assets $23,389
Long-term assets (5+ years) $3,761,172
Average Assets, year-to-date $620,455
Average Assets, quarterly $3,833,620
Volatile liabilities $3,900,038
Insider loans $838,639
FHLB advances $424
Loans and leases held for sale $0
Unused loan commitments $3,132
Tier 1 (core) risk-based capital $1,013,519
Tier 2 risk-based capital $0
Total risk weighted assets $275,013
Total unused commitments $3,027,908
Restructured Loans and leases $0
Derivatives$4,017,493
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Income and Expense (December 31, 1995)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $301,077
Net interest income $156,736
Provision for loan and lease losses $144,341
Total noninterest income $7,954
Fiduciary activities $41,713
Service charges on deposit accounts $4,043
Trading account gains & fees $17,577
Additional noninterest income $2,680
Total noninterest expense $17,413
Salaries and employee benefits $133,484
Premises and equipment expense $41,435
Additional noninterest expense $9,711
Pre-tax net operating income $82,338
Securities gains (losses) $44,616
Applicable income taxes -$454
Income before extraordinary items $16,758
Extraordinary gains - net $27,404
Net income attributable to bank $0
Net charge-offs $27,404
Cash dividends $7,204
Sale, conversion, retirement of capital stock, net $9,095
Net operating income $0
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Performance and Condition Ratios (December 31, 1995)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 8.37%
Net interest margin 4.36%
Noninterest income to earning assets 4.01%
Noninterest expense to earning assets 1.16%
Net operating income to assets 3.71%
Return on assets (ROA) 0.72%
Pretax return on assets 0.71%
Return on equity (ROE) 1.15%
Retained earnings to average equity (YTD only) 9.88%
Net charge-offs to loans 6.60%
Credit loss provision to net charge-offs 0.24%
Efficiency ratio110.41%
Assets per employee$71,169
Cash dividends to net income (YTD only)2.97%
Condition Ratios (%)
Loss allowance to loans 33.19%
Loss allowance to noncurrent loans 1.23%
Noncurrent assets plus other real estate owned to assets 290.07%
Noncurrent loans to loans 0.34%
Net loans and leases to deposits0.42%
Net loans and leases to core deposits 108.22%
Equity capital to assets 118.98%
Core capital (leverage) ratio 7.30%
Tier 1 risk-based capital ratio 7.09%
Total risk-based capital ratio 9.08%
Memoranda
Average assets$11
Average earning assets$3,833,620
Average equity $277,386
Average loans $3,597,249
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