FDIC Certificate #: 57485 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Goldman Sachs Bank USA (#33124) Federal Reserve ID: 3278305 Date Established: July 06, 2004 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 364200 Numeric code: 15 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: July 06, 2004 Last Structure Change Effective Date: November 28, 2008 Last Structure Change Process Date: September 11, 2009 Last Data Update: September 11, 2009 Data Source Date: April 05, 2012
Location
Address: 295 Chipeta Way, 4th Floor, Salt Lake City, UT 84108 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: New York 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)
Financial Summary
Total assets: $21,630.3 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
1,334Total employees (full-time equivalent)
$19,127,078Total assets
$80,913Cash and due from depository institutions
$12,977Interest-bearing balances
$0Securities
$6,904,807Federal funds sold & reverse repurchase agreements
$1,748,819Net loans & leases
$1,191Loan loss allowance
$8,780,946Trading account assets
$30,525Bank premises and fixed assets
$0Other real estate owned
$412,287Goodwill and other intangibles
$0Life insurance assets
$1,168,781All other assets
$19,127,078Total liabilities and capital
$17,691,416Total liabilities
$17,495,214Total deposits
$17,495,214Interest-bearing deposits
$17,495,214Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$196,202All other liabilities
$1,435,662Total equity capital
$1,435,662Total bank equity capital
$1,435,662Perpetual preferred stock
$0Common stock
$2,260Surplus
$1,520,250Undivided profits
Memoranda
$-86,848Noncurrent loans and leases
$3,773,733Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$49,561Average Assets, year-to-date
$17,447,549Average Assets, quarterly
$27,954Volatile liabilities
$15,348,211Insider loans
$17,046,314FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,007,684Tier 2 risk-based capital
$0Total risk weighted assets
$3,773,733Total unused commitments
$0Restructured Loans and leases
$1,191Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$791,360Total interest income
$693,310Total interest expense
$98,050Net interest income
$1,128Provision for loan and lease losses
-$252,858Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
-$164,003Trading account gains & fees
-$88,855Additional noninterest income
$40,871Total noninterest expense
$10,383Salaries and employee benefits
$1,337Premises and equipment expense
$29,151Additional noninterest expense
-$196,807Pre-tax net operating income
$0Securities gains (losses)
-$75,072Applicable income taxes
-$121,735Income before extraordinary items
$0Extraordinary gains - net
-$121,735Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
4.64%Cost of funding earning assets
0.66%Net interest margin
-1.69%Noninterest income to earning assets
0.27%Noninterest expense to earning assets
-0.79%Net operating income to assets
-0.79%Return on assets (ROA)
-1.28%Pretax return on assets
-7.94%Return on equity (ROE)
-7.94%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
-26,288Assets per employee
14.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.07%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
10.00%Net loans and leases to core deposits
10.00%Equity capital to assets
7.51%Core capital (leverage) ratio
7.36%Tier 1 risk-based capital ratio
13.14%Total risk-based capital ratio
Memoranda
$13Average assets
$15,348,211Average earning assets
$1,532,707Average equity
$14,930,147Average loans
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