Mizuho Corporate Bank (USA) in New York, New York (NY), , NJ
Overview, Financial Summary, Detailed Financial Reports, Branches


Mizuho Corporate Bank (USA) - Overview

  • General
  • FDIC Certificate #: 21843
    Status: Active
    Federal Reserve ID: 229913
    Bank Holding Company (Regulatory Top Holder): Mizuho Financial Group, Inc. (RSSDID: 3185355, Location: Tokyo)
    Date Established: November 29, 1974
    WWW: http://www.mizuhocbk.co.jp
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Domestic: 2, Foreign: 2, Interstate: Yes)
    FDIC's unique #: 15132
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 29, 1974
    Last Structure Change Effective Date: Febuary 15, 2012
    Last Structure Change Process Date: Febuary 15, 2012
    Last Data Update: Febuary 15, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 1251 Avenue Of The Americas, New York, NY 10020
    County: New York
    Quarterly Banking Profile Region: New York
    FDIC Geographic Region: New York
    FDIC Supervisory Region: New York
    FDIC Field Office: New York City
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Northeast
    Metropolitan Statistical Area (MSA): New York, NY (#5600)
    Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70)
    Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408)
    Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620)
    Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
  • Financial Summary
  • Total assets: $3,371.3 mil
    Equity capital: $1,062.7 mil
    Deposits held in domestic offices: $410.6 mil
    Return on assets (ROA): 0.74% ($24.9 mil)
    Quarterly return on assets: 1.25% ($42.1 mil)
    Return on Equity (ROE): 2.32% ($24.7 mil)
    Quarterly return on equity: 4.10% ($43.6 mil)
    Net income: $24.4 mil
    Quarterly Net income: $10.8 mil
    Pretax return on assets: 0.79% ($26,633.2 mil)
    Quarterly Pretax return on assets: 0.19% ($6,405.5 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, 2011)

  • Dollar figures in thousands
  • 219Total employees (full-time equivalent)
  • $3,371,294Total assets
  • $106,372Cash and due from depository institutions
  • $76,121Interest-bearing balances
  • $267,981Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $2,817,813Net loans & leases
  • $3,841Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $3,371,294Life insurance assets
  • $179,128All other assets
  • $2,308,629Total liabilities and capital
  • $1,560,347Total liabilities
  • $1,291,529Total deposits
  • $410,565Interest-bearing deposits
  • $2Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $856Federal funds purchased & repurchase agreements
  • $560,188Trading liabilities
  • $0Other borrowed funds
  • $187,238Subordinated debt
  • $1,062,665All other liabilities
  • $1,062,665Total equity capital
  • $1,062,665Total bank equity capital
  • $0Perpetual preferred stock
  • $98,474Common stock
  • $1,222,036Surplus
  • $-257,845Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $39Income earned, not collected on loans
  • $0Earning assets
  • $4,726Long-term assets (5+ years)
  • $3,161,915Average Assets, year-to-date
  • $202,756Average Assets, quarterly
  • $3,282,408Volatile liabilities
  • $3,458,058Insider loans
  • $6,393,192FHLB advances
  • $3,511,317Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,036,290Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $5,919,421Restructured Loans and leases
  • $0Derivatives
  • $3,003Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $62,300Total interest income
  • $6,856Total interest expense
  • $55,444Net interest income
  • $18Provision for loan and lease losses
  • $16,435Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $16,435Additional noninterest income
  • $45,589Total noninterest expense
  • $24,319Salaries and employee benefits
  • $3,490Premises and equipment expense
  • $17,780Additional noninterest expense
  • $26,272Pre-tax net operating income
  • -$426Securities gains (losses)
  • $1,435Applicable income taxes
  • $24,411Income before extraordinary items
  • $0Extraordinary gains - net
  • $24,411Net income attributable to bank
  • $0Net charge-offs
  • $24,411Cash dividends
  • -$141Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.00%Yield on earning assets
  • 0.22%Cost of funding earning assets
  • 1.78%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.74%Return on assets (ROA)
  • 0.79%Pretax return on assets
  • 2.32%Return on equity (ROE)
  • 2.32%Retained earnings to average equity (YTD only)
  • -0.01%Net charge-offs to loans
  • -12.77%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 63,425Assets per employee
  • 15.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.14%Loss allowance to noncurrent loans
  • 9848.72%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 180.59%Net loans and leases to core deposits
  • 947.58%Equity capital to assets
  • 31.52%Core capital (leverage) ratio
  • 29.51%Tier 1 risk-based capital ratio
  • 16.21%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $3,282,408Average earning assets
  • $1,052,182Average equity
  • $3,115,090Average loans

Total Fiduciary and Related Assets (December 31, 2008)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $265,141Managed Assets
  • 1Number of Accounts
  • $265,141Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $265,141Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 2 Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    4253606Nassau Branch (Frgn)West Bay Street, Nassau, 0July 19, 1976Full Service Brick and Mortar
    6183573Georgetown Branch (Frgn)West Wind Building, Georgetown, 0January 01, 1978Full Service Brick and Mortar
  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7419925Harborside BranchHarborside Fin Ctr, 1800 Plaza Ten, Jersey City, NJ 7311September 02, 2002Limited Service Administrative
  • 1 New York Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015132Mizuho Corporate Bank (Usa)1251 Avenue Of The Americas, New York, NY 10020November 29, 1974Full Service Brick and Mortar

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