Keybank National Association in Portland, Maine (ME)

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Keybank National Association
GeneralFDIC Certificate #: 11970
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: KeyBank National Association (#1254)
Federal Reserve ID: 458209
Date Established: October 09, 1933
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 97 (Interstate: No)
OTS Docket #: 11545
FDIC's unique #: 7639
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 30, 1997
Last Structure Change Process Date: July 14, 1997
Last Data Update: July 21, 1997
Data Source Date: April 05, 2012
LocationAddress: One Canal Plaza, Portland, ME 4112
County: Cumberland
Quarterly Banking Profile Region: New York
FDIC Geographic Region: New York
FDIC Supervisory Region: Chicago
FDIC Field Office: Concord
Office of the Comptroller the Currency (OCC) District: Northeast
Office of Thrift Supervision Region: Northeast
Metropolitan Statistical Area (MSA): Portland, ME (#6400)
Combined Statistical Area (CSA): Portland-Lewiston-South Portland, ME (#438)
Core Based Statistical Area (CBSA): Portland-South Portland-Biddeford, ME (#38860)
CBSA Metro Statistical Area: Portland-South Portland-Biddeford, ME (#38860)
Financial SummaryTotal assets: $3,772.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$1,086
Cash and due from depository institutions$3,878,738
Interest-bearing balances$215,213
Federal funds sold & reverse repurchase agreements$723,148
Net loans & leases$790
Loan loss allowance $2,672,921
Trading account assets$52,791
Bank premises and fixed assets$401
Other real estate owned$55,256
Goodwill and other intangibles$935
All other assets$90,399
Life insurance assets$119,675
Total liabilities and capital$0
Total liabilities$3,878,738
Total deposits$3,497,718
Interest-bearing deposits$2,462,084
Deposits held in domestic offices$2,010,541
% insured (estimated)2462084.00%
Federal funds purchased & repurchase agreements $77
Trading liabilities$860,191
Other borrowed funds $401
Subordinated debt $150,000
All other liabilities $2,320
Total equity capital$22,722
Total bank equity capital$22,722
Perpetual preferred stock$381,020
Common stock$475
Undivided profits $223,252
Noncurrent loans and leases $152,293
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $34,285
Earning assets $16,012
Long-term assets (5+ years) $3,402,820
Average Assets, year-to-date $677,193
Average Assets, quarterly $3,740,926
Volatile liabilities $3,835,294
Insider loans $1,099,851
FHLB advances $59,513
Loans and leases held for sale $0
Unused loan commitments $282,598
Tier 1 (core) risk-based capital $778,778
Tier 2 risk-based capital $0
Total risk weighted assets $289,602
Total unused commitments $2,790,806
Restructured Loans and leases $0
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Income and Expense (December 31, 1996)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $287,430
Net interest income $124,038
Provision for loan and lease losses $163,392
Total noninterest income $5,741
Fiduciary activities $54,780
Service charges on deposit accounts $11,702
Trading account gains & fees $15,940
Additional noninterest income $194
Total noninterest expense $26,944
Salaries and employee benefits $136,320
Premises and equipment expense $42,385
Additional noninterest expense $15,280
Pre-tax net operating income $78,655
Securities gains (losses) $76,111
Applicable income taxes -$1,268
Income before extraordinary items $24,950
Extraordinary gains - net $49,893
Net income attributable to bank $0
Net charge-offs $49,893
Cash dividends $6,858
Sale, conversion, retirement of capital stock, net $45,279
Net operating income $0
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Performance and Condition Ratios (December 31, 1996)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 8.73%
Net interest margin 3.77%
Noninterest income to earning assets 4.96%
Noninterest expense to earning assets 1.66%
Net operating income to assets 4.14%
Return on assets (ROA) 1.36%
Pretax return on assets 1.33%
Return on equity (ROE) 2.00%
Retained earnings to average equity (YTD only) 13.16%
Net charge-offs to loans 1.22%
Credit loss provision to net charge-offs 0.25%
Efficiency ratio83.71%
Assets per employee$59,316
Cash dividends to net income (YTD only)3.57%
Condition Ratios (%)
Loss allowance to loans 90.75%
Loss allowance to noncurrent loans 1.94%
Noncurrent assets plus other real estate owned to assets 153.98%
Noncurrent loans to loans 0.91%
Net loans and leases to deposits1.26%
Net loans and leases to core deposits 108.56%
Equity capital to assets 115.09%
Core capital (leverage) ratio 9.82%
Tier 1 risk-based capital ratio 7.94%
Total risk-based capital ratio 10.38%
Average assets$12
Average earning assets$3,740,926
Average equity $379,187
Average loans $3,293,523
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