Firstar Metropolitan Bank & Trust in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 12, 1999

Firstar Metropolitan Bank & Trust in Phoenix, Arizona (AZ)
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Firstar Metropolitan Bank & Trust - Overview

General
FDIC Certificate #: 24426
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: U.S. Bank National Association (#6548)
Federal Reserve ID: 360263
Date Established: April 11, 1983
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 16985
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 11, 1983
Last Structure Change Effective Date: November 12, 1999
Last Structure Change Process Date: December 02, 1999
Last Data Update: December 02, 1999
Data Source Date: April 05, 2012
Location
Address: 3800 North Central Avenue, Phoenix, AZ 85012
County: Maricopa
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Chicago
FDIC Field Office: Phoenix
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
Financial Summary
Total assets: $210.7 mil

1992 - 1999 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, 1998)

Dollar figures in thousands
42Total employees (full-time equivalent)
$256,845Total assets
$39,026Cash and due from depository institutions
$100Interest-bearing balances
$55,208Securities
$93,077Federal funds sold & reverse repurchase agreements
$66,494Net loans & leases
$1,014Loan loss allowance
$0Trading account assets
$785Bank premises and fixed assets
$638Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,617All other assets
$256,845Total liabilities and capital
$238,777Total liabilities
$234,835Total deposits
$200,774Interest-bearing deposits
$234,835Deposits held in domestic offices
0.00%% insured (estimated)
$2,957Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$985All other liabilities
$18,068Total equity capital
$18,068Total bank equity capital
$18,068Perpetual preferred stock
$0Common stock
$1,714Surplus
$4,701Undivided profits
Memoranda
$11,653Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$28Earning assets
$0Long-term assets (5+ years)
$415Average Assets, year-to-date
$214,879Average Assets, quarterly
$23,134Volatile liabilities
$230,746Insider loans
$245,906FHLB advances
$7,012Loans and leases held for sale
$1,795Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$23,142Total unused commitments
$0Restructured Loans and leases
$99,110Derivatives

Income and Expense (December 31, 1998)

Dollar figures in thousands
$11,935Total interest income
$3,491Total interest expense
$8,444Net interest income
$36Provision for loan and lease losses
$2,127Total noninterest income
$1,441Fiduciary activities
$310Service charges on deposit accounts
$0Trading account gains & fees
$376Additional noninterest income
$6,591Total noninterest expense
$2,321Salaries and employee benefits
$760Premises and equipment expense
$3,510Additional noninterest expense
$3,944Pre-tax net operating income
$88Securities gains (losses)
$1,174Applicable income taxes
$2,858Income before extraordinary items
$0Extraordinary gains - net
$2,858Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$36Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1998)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.26%Yield on earning assets
1.83%Cost of funding earning assets
4.43%Net interest margin
1.12%Noninterest income to earning assets
3.46%Noninterest expense to earning assets
1.21%Net operating income to assets
1.24%Return on assets (ROA)
1.75%Pretax return on assets
17.77%Return on equity (ROE)
17.77%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
100.00%Credit loss provision to net charge-offs
110.56%Efficiency ratio
62,151Assets per employee
6.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.50%Loss allowance to noncurrent loans
3621.43%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.04%Net loans and leases to deposits
28.32%Net loans and leases to core deposits
28.81%Equity capital to assets
7.03%Core capital (leverage) ratio
7.60%Tier 1 risk-based capital ratio
17.18%Total risk-based capital ratio
Memoranda
$18Average assets
$230,746Average earning assets
$16,087Average equity
$190,545Average loans

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