Key Bank USA, National Association in Cleveland, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 01, 2004

  • Key Bank USA, National Association in Cleveland, Ohio (OH)
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Key Bank USA, National Association - Overview

  • General
  • FDIC Certificate #: 34055
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: KeyBank National Association (#17534)
    Federal Reserve ID: 2332602
    Date Established: September 05, 1995
    WWW: http://www.keybankusa.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 #: 14641
    FDIC's unique #: 56134
    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: September 05, 1995
    Last Structure Change Effective Date: October 01, 2004
    Last Structure Change Process Date: October 19, 2004
    Last Data Update: October 19, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 127 Public Square, Cleveland, OH 44114
    County: Cuyahoga
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Cleveland-Lorain-Elyria, OH (#1680)
    Consolidated Metropolitan Statistical Area (CMSA): Cleveland-Akron, OH (#28)
    Combined Statistical Area (CSA): Cleveland-Akron-Elyria, OH (#184)
    Core Based Statistical Area (CBSA): Cleveland-Elyria-Mentor, OH (#17460)
    CBSA Metro Statistical Area: Cleveland-Elyria-Mentor, OH (#17460)
  • Financial Summary
  • Total assets: $10,366.1 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, 2003)

  • Dollar figures in thousands
  • 1,765Total employees (full-time equivalent)
  • $10,350,425Total assets
  • $58,052Cash and due from depository institutions
  • $100Interest-bearing balances
  • $4,966Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $9,507,125Net loans & leases
  • $148,000Loan loss allowance
  • $61,352Trading account assets
  • $16,121Bank premises and fixed assets
  • $31,199Other real estate owned
  • $236,215Goodwill and other intangibles
  • $0Life insurance assets
  • $435,395All other assets
  • $10,350,425Total liabilities and capital
  • $9,264,813Total liabilities
  • $3,520,272Total deposits
  • $3,414,720Interest-bearing deposits
  • $3,520,272Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,671,141Federal funds purchased & repurchase agreements
  • $2,967Trading liabilities
  • $878,003Other borrowed funds
  • $74,851Subordinated debt
  • $117,579All other liabilities
  • $1,085,612Total equity capital
  • $1,085,612Total bank equity capital
  • $1,085,612Perpetual preferred stock
  • $0Common stock
  • $65,931Surplus
  • $813,434Undivided profits
  • Memoranda
  • $206,247Noncurrent loans and leases
  • $359,658Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $175,486Earning assets
  • $0Long-term assets (5+ years)
  • $125,134Average Assets, year-to-date
  • $9,554,399Average Assets, quarterly
  • $5,555,030Volatile liabilities
  • $9,660,460Insider loans
  • $10,191,765FHLB advances
  • $6,438,895Loans and leases held for sale
  • $6Unused loan commitments
  • $860,886Tier 1 (core) risk-based capital
  • $2,452,392Tier 2 risk-based capital
  • $39,079Total risk weighted assets
  • $359,658Total unused commitments
  • $0Restructured Loans and leases
  • $137,815Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $718,991Total interest income
  • $214,191Total interest expense
  • $504,800Net interest income
  • $119,190Provision for loan and lease losses
  • $205,079Total noninterest income
  • $0Fiduciary activities
  • $16,162Service charges on deposit accounts
  • -$14,351Trading account gains & fees
  • $203,268Additional noninterest income
  • $344,909Total noninterest expense
  • $101,635Salaries and employee benefits
  • $29,596Premises and equipment expense
  • $213,678Additional noninterest expense
  • $245,780Pre-tax net operating income
  • $0Securities gains (losses)
  • $88,805Applicable income taxes
  • $156,975Income before extraordinary items
  • $0Extraordinary gains - net
  • $156,975Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $94,190Sale, conversion, retirement of capital stock, net
  • $20,000Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.14%Yield on earning assets
  • 2.43%Cost of funding earning assets
  • 5.72%Net interest margin
  • 2.32%Noninterest income to earning assets
  • 3.91%Noninterest expense to earning assets
  • 1.62%Net operating income to assets
  • 1.62%Return on assets (ROA)
  • 2.54%Pretax return on assets
  • 15.47%Return on equity (ROE)
  • 13.50%Retained earnings to average equity (YTD only)
  • 1.06%Net charge-offs to loans
  • 126.54%Credit loss provision to net charge-offs
  • 3.87%Efficiency ratio
  • 48,585Assets per employee
  • 5.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.74%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 84.34%Noncurrent assets plus other real estate owned to assets
  • 2.00%Noncurrent loans to loans
  • 1.82%Net loans and leases to deposits
  • 270.07%Net loans and leases to core deposits
  • 536.34%Equity capital to assets
  • 10.49%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 10.09%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $9,660,460Average earning assets
  • $1,014,415Average equity
  • $8,827,786Average loans

Bank Assets Sold and Securitized (December 31, 2003)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $204,4271-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

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