NationsBank, National Association in Mclean, Virginia (VA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 08, 1995

  • NationsBank, National Association in Mclean, Virginia (VA)
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NationsBank, National Association - Overview

  • General
  • FDIC Certificate #: 12883
    Status: Inactive
    Closing history: Change NONGEOFLDOFF from Default
    Acquiring institution: NationsBank, National Association (#6886)
    Federal Reserve ID: 834821
    Date Established: October 01, 1915
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 327 (Interstate: No)
    FDIC's unique #: 8155
    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: March 08, 1995
    Last Structure Change Process Date: March 22, 1995
    Last Data Update: December 27, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 8300 Greensboro Drive, Mclean, VA 22102
    County: Fairfax
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Richmond
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Washington, DC-MD-VA-WV (#8840)
    Consolidated Metropolitan Statistical Area (CMSA): Washington-Baltimore, DC-MD-VA-WV (#97)
    Combined Statistical Area (CSA): Washington-Baltimore-Northern Virginia, DC-MD-VA-WV (#548)
    Core Based Statistical Area (CBSA): Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    CBSA Metro Statistical Area: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47900)
    Core Based Statistical Division: Washington-Arlington-Alexandria, DC-VA-MD-WV (#47894)
  • History of Changes
  • Merger - Without Assistance
    Change NONGEOFLDOFF from Default
  • Financial Summary
  • Total assets: $18,018.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $6,679Total assets
  • $18,018,348Cash and due from depository institutions
  • $793,971Interest-bearing balances
  • $0Securities
  • $4,743,432Federal funds sold & reverse repurchase agreements
  • $418,025Net loans & leases
  • $11,080,787Loan loss allowance
  • $560,076Trading account assets
  • $637Bank premises and fixed assets
  • $246,724Other real estate owned
  • $113,040Goodwill and other intangibles
  • $327,649Life insurance assets
  • $294,083All other assets
  • $0Total liabilities and capital
  • $18,018,348Total liabilities
  • $16,571,121Total deposits
  • $12,389,984Interest-bearing deposits
  • $9,001,054Deposits held in domestic offices
  • 12082649.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $3,142,828Trading liabilities
  • $1,234Other borrowed funds
  • $731,732Subordinated debt
  • $0All other liabilities
  • $305,343Total equity capital
  • $305,343Total bank equity capital
  • $1,447,227Perpetual preferred stock
  • $0Common stock
  • $432,891Surplus
  • $1,117,375Undivided profits
  • Memoranda
  • $-103,039Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $186,635Income earned, not collected on loans
  • $68,515Earning assets
  • $16,242,244Long-term assets (5+ years)
  • $1,780,237Average Assets, year-to-date
  • $18,827,093Average Assets, quarterly
  • $18,211,387Volatile liabilities
  • $4,193,265Insider loans
  • $6,895FHLB advances
  • $0Loans and leases held for sale
  • $642Unused loan commitments
  • $3,791,833Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,166,169Total risk weighted assets
  • $12,073,836Total unused commitments
  • $0Restructured Loans and leases
  • $4,991,667Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,190,170Total interest expense
  • $433,584Net interest income
  • $756,586Provision for loan and lease losses
  • -$114,400Total noninterest income
  • $303,756Fiduciary activities
  • $44,804Service charges on deposit accounts
  • $126,715Trading account gains & fees
  • $1,538Additional noninterest income
  • $130,699Total noninterest expense
  • $731,379Salaries and employee benefits
  • $279,232Premises and equipment expense
  • $95,167Additional noninterest expense
  • $356,980Pre-tax net operating income
  • $443,363Securities gains (losses)
  • -$1,214Applicable income taxes
  • $176,383Income before extraordinary items
  • $265,766Extraordinary gains - net
  • $0Net income attributable to bank
  • $265,766Net charge-offs
  • $10,742Cash dividends
  • $804,174Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.11%Cost of funding earning assets
  • 2.59%Net interest margin
  • 4.52%Noninterest income to earning assets
  • 1.81%Noninterest expense to earning assets
  • 4.37%Net operating income to assets
  • 1.42%Return on assets (ROA)
  • 1.41%Pretax return on assets
  • 2.35%Return on equity (ROE)
  • 14.40%Retained earnings to average equity (YTD only)
  • -29.18%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • -1064.98%Efficiency ratio
  • 65,650Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 302.59%Loss allowance to loans
  • 4.81%Loss allowance to noncurrent loans
  • 300.09%Noncurrent assets plus other real estate owned to assets
  • 1.66%Noncurrent loans to loans
  • 1.60%Net loans and leases to deposits
  • 89.43%Net loans and leases to core deposits
  • 95.62%Equity capital to assets
  • 8.03%Core capital (leverage) ratio
  • 6.52%Tier 1 risk-based capital ratio
  • 9.66%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $18,827,093Average earning assets
  • $1,845,424Average equity
  • $16,743,097Average loans

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