RBC Bank (USA) in Raleigh, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 02, 2012

  • RBC Bank (USA) in Raleigh, North Carolina (NC)
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RBC Bank (USA) - Overview

  • General
  • FDIC Certificate #: 33184
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PNC Bank, National Association (#6384)
    Federal Reserve ID: 1494240
    Bank Holding Company (Regulatory Top Holder): Royal Bank Of Canada (RSSDID: 1232497, Location: Montreal)
    Date Established: November 03, 1990
    WWW: http://www.rbcbankusa.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 427 (Domestic: 426, Foreign: 1, Interstate: Yes)
    OTS Docket #: 9555
    FDIC's unique #: 46421
    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 03, 1990
    Last Structure Change Effective Date: March 02, 2012
    Last Structure Change Process Date: March 20, 2012
    Last Data Update: March 20, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Fayetteville St, Raleigh, NC 27601
    County: Wake
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Raleigh-Durham-Chapel Hill, NC (#6640)
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Raleigh-Cary, NC (#39580)
    CBSA Metro Statistical Area: Raleigh-Cary, NC (#39580)
  • Financial Summary
  • Total assets: $27,169.5 mil
    Equity capital: $3,659.1 mil
    Deposits held in domestic offices: $20,714.5 mil
    Return on assets (ROA): -1.62% (-$440.1 mil)
    Quarterly return on assets: -0.25% (-$67.9 mil)
    Return on Equity (ROE): -11.71% (-$428.5 mil)
    Quarterly return on equity: -1.88% (-$68.8 mil)
    Net income: -$446.0 mil
    Quarterly Net income: -$17.3 mil
    Pretax return on assets: -2.71% (-$736,293.4 mil)
    Quarterly Pretax return on assets: -0.67% (-$182,035.6 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
  • 4,764Total employees (full-time equivalent)
  • $27,169,497Total assets
  • $2,905,412Cash and due from depository institutions
  • $2,537,682Interest-bearing balances
  • $4,621,295Securities
  • $25,000Federal funds sold & reverse repurchase agreements
  • $16,675,400Net loans & leases
  • $630,403Loan loss allowance
  • $52,182Trading account assets
  • $335,399Bank premises and fixed assets
  • $240,425Other real estate owned
  • $117,412Goodwill and other intangibles
  • $27,169,497Life insurance assets
  • $2,196,972All other assets
  • $23,510,422Total liabilities and capital
  • $21,249,390Total liabilities
  • $20,673,335Total deposits
  • $20,714,468Interest-bearing deposits
  • $66Deposits held in domestic offices
  • 521394.00%% insured (estimated)
  • $56,238Federal funds purchased & repurchase agreements
  • $875,754Trading liabilities
  • $500,000Other borrowed funds
  • $307,646Subordinated debt
  • $3,659,075All other liabilities
  • $3,659,075Total equity capital
  • $3,659,075Total bank equity capital
  • $0Perpetual preferred stock
  • $262,193Common stock
  • $6,829,732Surplus
  • $-3,432,850Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $106,455Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,165,798Income earned, not collected on loans
  • $15,964Earning assets
  • $75,281Long-term assets (5+ years)
  • $23,859,377Average Assets, year-to-date
  • $5,918,759Average Assets, quarterly
  • $27,462,531Volatile liabilities
  • $27,527,042Insider loans
  • $19,975,369FHLB advances
  • $26,370,923Loans and leases held for sale
  • $711,457Unused loan commitments
  • $229,627Tier 1 (core) risk-based capital
  • $2,581,199Tier 2 risk-based capital
  • $278,719Total risk weighted assets
  • $203,111Total unused commitments
  • $5,424,818Restructured Loans and leases
  • $4,152Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $853,980Total interest income
  • $177,447Total interest expense
  • $676,533Net interest income
  • $265,585Provision for loan and lease losses
  • $150,249Total noninterest income
  • $1,489Fiduciary activities
  • $80,264Service charges on deposit accounts
  • $224Trading account gains & fees
  • $68,272Additional noninterest income
  • $1,094,147Total noninterest expense
  • $375,050Salaries and employee benefits
  • $109,508Premises and equipment expense
  • $609,589Additional noninterest expense
  • -$532,950Pre-tax net operating income
  • -$211,176Securities gains (losses)
  • -$298,137Applicable income taxes
  • -$445,989Income before extraordinary items
  • $0Extraordinary gains - net
  • -$445,989Net income attributable to bank
  • $0Net charge-offs
  • -$445,989Cash dividends
  • $408,366Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.54%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 2.80%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 4.53%Noninterest expense to earning assets
  • -1.13%Net operating income to assets
  • -1.62%Return on assets (ROA)
  • -2.71%Pretax return on assets
  • -11.71%Return on equity (ROE)
  • -11.71%Retained earnings to average equity (YTD only)
  • 2.27%Net charge-offs to loans
  • 65.04%Credit loss provision to net charge-offs
  • -0.65%Efficiency ratio
  • 94,140Assets per employee
  • 5.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.64%Loss allowance to noncurrent loans
  • 54.07%Noncurrent assets plus other real estate owned to assets
  • 5.18%Noncurrent loans to loans
  • 6.74%Net loans and leases to deposits
  • 78.47%Net loans and leases to core deposits
  • 83.00%Equity capital to assets
  • 13.47%Core capital (leverage) ratio
  • 9.79%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $27,462,531Average earning assets
  • $3,807,171Average equity
  • $24,128,296Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $607,540Managed Assets
  • 1Number of Accounts
  • $519,952Personal trust and agency accounts
  • $124,136Employee benefit-defined contribution accounts
  • $71,946Employee benefit-defined benefit accounts
  • $55,138Other retirement accounts
  • $7,004Corporate trust and agency accounts
  • $23Investment management agency accounts
  • $261,705Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 180Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $87,588Other retirement accounts
  • $9,426Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $4,278Fiduciary accounts held in foreign offices

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