SouthTrust Bank in city_name, state_name - Detailed Financial Reports, Location

SouthTrust Bank in Birmingham, Alabama (AL)
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SouthTrust Bank - Overview

General
FDIC Certificate #: 849
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wachovia Bank, National Association (#33869)
Federal Reserve ID: 817833
Date Established: November 09, 1887
WWW: http://www.southtrust.com
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 727 (Interstate: No)
OTS Docket #: 9688
FDIC's unique #: 535
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: January 03, 2005
Last Structure Change Process Date: Febuary 10, 2005
Last Data Update: Febuary 10, 2005
Data Source Date: April 05, 2012
Location
Address: 420 North 20th Street, Birmingham, AL 35230
County: Jefferson
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Shelby
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Birmingham, AL (#1000)
Combined Statistical Area (CSA): Birmingham-Hoover-Cullman, AL (#142)
Core Based Statistical Area (CBSA): Birmingham-Hoover, AL (#13820)
CBSA Metro Statistical Area: Birmingham-Hoover, AL (#13820)
Financial Summary
Total assets: $59,720.2 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, 2004)

Dollar figures in thousands
11,515Total employees (full-time equivalent)
$59,720,179Total assets
$1,041,689Cash and due from depository institutions
$750Interest-bearing balances
$6,265,463Securities
$2,408,009Federal funds sold & reverse repurchase agreements
$36,480,471Net loans & leases
$433,898Loan loss allowance
$50,075Trading account assets
$932,693Bank premises and fixed assets
$29,886Other real estate owned
$10,655,977Goodwill and other intangibles
$0Life insurance assets
$1,855,916All other assets
$59,720,179Total liabilities and capital
$45,845,533Total liabilities
$32,232,002Total deposits
$28,320,664Interest-bearing deposits
$31,555,229Deposits held in domestic offices
0.00%% insured (estimated)
$7,241,181Federal funds purchased & repurchase agreements
$50,562Trading liabilities
$3,853,315Other borrowed funds
$1,325,000Subordinated debt
$1,143,473All other liabilities
$13,874,646Total equity capital
$13,874,646Total bank equity capital
$13,874,646Perpetual preferred stock
$0Common stock
$9,007Surplus
$12,891,475Undivided profits
Memoranda
$974,164Noncurrent loans and leases
$13,475,593Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$228,480Earning assets
$2,356Long-term assets (5+ years)
$245,340Average Assets, year-to-date
$45,154,693Average Assets, quarterly
$9,858,555Volatile liabilities
$54,152,100Insider loans
$56,691,677FHLB advances
$14,747,273Loans and leases held for sale
$104,908Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,129,167Tier 2 risk-based capital
$1,239,517Total risk weighted assets
$13,475,593Total unused commitments
$0Restructured Loans and leases
$1,388,898Derivatives
$1Total assets and liabilities in foreign offices

Income and Expense (December 31, 2004)

Dollar figures in thousands
$2,325,895Total interest income
$665,449Total interest expense
$1,660,446Net interest income
$127,129Provision for loan and lease losses
$629,896Total noninterest income
$32,399Fiduciary activities
$344,670Service charges on deposit accounts
$4,138Trading account gains & fees
$248,689Additional noninterest income
$1,195,046Total noninterest expense
$689,023Salaries and employee benefits
$173,824Premises and equipment expense
$332,199Additional noninterest expense
$968,167Pre-tax net operating income
$1,522Securities gains (losses)
$314,128Applicable income taxes
$655,561Income before extraordinary items
$0Extraordinary gains - net
$655,561Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$123,820Sale, conversion, retirement of capital stock, net
$460,080Net operating income

Performance and Condition Ratios (December 31, 2004)

Dollar figures in thousands
Performance Ratios (%, annualized)
4.93%Yield on earning assets
1.41%Cost of funding earning assets
3.52%Net interest margin
1.34%Noninterest income to earning assets
2.53%Noninterest expense to earning assets
1.21%Net operating income to assets
1.21%Return on assets (ROA)
1.79%Pretax return on assets
10.35%Return on equity (ROE)
3.09%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
102.67%Credit loss provision to net charge-offs
8.85%Efficiency ratio
50,563Assets per employee
5.19%Cash dividends to net income (YTD only)
Condition Ratios (%)
70.18%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
189.91%Noncurrent assets plus other real estate owned to assets
0.43%Noncurrent loans to loans
0.62%Net loans and leases to deposits
113.18%Net loans and leases to core deposits
131.81%Equity capital to assets
23.23%Core capital (leverage) ratio
7.27%Tier 1 risk-based capital ratio
7.91%Total risk-based capital ratio
Memoranda
$11Average assets
$54,152,100Average earning assets
$6,331,914Average equity
$47,169,955Average loans

Total Fiduciary and Related Assets (December 31, 2004)

Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$14,745,451Managed Assets
1Number of Accounts
$5,142,065Personal trust and agency accounts
$1,548,459Employee benefit-defined contribution accounts
$65,657Employee benefit-defined benefit accounts
$336,614Other retirement accounts
$175,647Corporate trust and agency accounts
$2,521Investment management agency accounts
$2,995,199Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$17,968Non-managed Assets
6793Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$9,603,386Other retirement accounts
$159,211Corporate trust and agency accounts
$1,162,122Other fiduciary accounts
$2,733,949Fiduciary accounts held in foreign offices

Bank Assets Sold and Securitized (December 31, 2003)

Dollar figures in thousands
Principal balance with servicing or other recourse retained
$721,8041-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans

SouthTrust Bank in Birmingham, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches

SouthTrust Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Total Fiduciary and Related Assets (December 31, 2004)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

SouthTrust Bank in Birmingham, Alabama (AL)Overview, Financial Summary, Detailed Financial Reports, Branches

SouthTrust Bank - Overview

Assets and Liabilities (December 31, 2004)

Income and Expense (December 31, 2004)

Performance and Condition Ratios (December 31, 2004)

Total Fiduciary and Related Assets (December 31, 2004)

Bank Assets Sold and Securitized (December 31, 2003)

Comment about this bank, ask questions, or add new information about it:

SouthTrust Bank in Birmingham, Alabama (AL)
Overview, Financial Summary, Detailed Financial Reports, Branches