Sumitomo Trust and Banking Co. (U.S.A.) in Hoboken, New Jersey (NJ)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Sumitomo Trust and Banking Co. (U.S.A.) in Hoboken, New Jersey (NJ)
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Sumitomo Trust and Banking Co. (U.S.A.) - Overview

  • General
  • FDIC Certificate #: 27054
    Status: Active
    Federal Reserve ID: 925411
    Bank Holding Company (Regulatory Top Holder): Sumitomo Mitsui Trust Holdings, Inc. (RSSDID: 4224297, Location: Tokyo)
    Date Established: September 21, 1987
    WWW: http://www.sumitomotrustusa.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 1, Foreign: 1, Interstate: No)
    FDIC's unique #: 38653
    Numeric code: 21
    Regulator: FDIC
    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: All Other Specialization > 1 Billion
    Date of Deposit Insurance: September 21, 1987
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 River Street, Hoboken, NJ 7030
    County: Hudson
    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): Jersey City, NJ (#3640)
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $1,231.3 mil
    Equity capital: $129.3 mil
    Deposits held in domestic offices: $228.3 mil
    Return on assets (ROA): 0.94% ($11.6 mil)
    Quarterly return on assets: 0.80% ($9.8 mil)
    Return on Equity (ROE): 9.98% ($12.9 mil)
    Quarterly return on equity: 8.57% ($11.1 mil)
    Net income: $12.3 mil
    Quarterly Net income: $2.7 mil
    Pretax return on assets: 1.55% ($19,084.8 mil)
    Quarterly Pretax return on assets: 1.23% ($15,144.7 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
  • 191Total employees (full-time equivalent)
  • $1,231,277Total assets
  • $1,193,306Cash and due from depository institutions
  • $1,189,529Interest-bearing balances
  • $5,050Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $6,281Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $1,231,277Life insurance assets
  • $26,640All other assets
  • $1,102,018Total liabilities and capital
  • $1,090,227Total liabilities
  • $861,970Total deposits
  • $228,257Interest-bearing deposits
  • $5Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,791Subordinated debt
  • $129,259All other liabilities
  • $129,259Total equity capital
  • $129,259Total bank equity capital
  • $0Perpetual preferred stock
  • $56,000Common stock
  • $26,400Surplus
  • $46,859Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $151Long-term assets (5+ years)
  • $1,194,579Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $1,315,878Volatile liabilities
  • $1,371,488Insider loans
  • $203,802FHLB advances
  • $1,353,302Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $128,419Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives
  • $2,261Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,477Total interest income
  • $1,410Total interest expense
  • $1,067Net interest income
  • $0Provision for loan and lease losses
  • $88,721Total noninterest income
  • $86,778Fiduciary activities
  • $50Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,893Additional noninterest income
  • $69,422Total noninterest expense
  • $32,365Salaries and employee benefits
  • $10,600Premises and equipment expense
  • $26,457Additional noninterest expense
  • $20,366Pre-tax net operating income
  • $0Securities gains (losses)
  • $8,054Applicable income taxes
  • $12,312Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,312Net income attributable to bank
  • $0Net charge-offs
  • $12,312Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.19%Yield on earning assets
  • 0.11%Cost of funding earning assets
  • 0.08%Net interest margin
  • 6.93%Noninterest income to earning assets
  • 5.42%Noninterest expense to earning assets
  • 0.94%Net operating income to assets
  • 0.94%Return on assets (ROA)
  • 1.55%Pretax return on assets
  • 9.98%Return on equity (ROE)
  • 9.98%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 77,318Assets per employee
  • 6.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 10.50%Core capital (leverage) ratio
  • 9.49%Tier 1 risk-based capital ratio
  • 63.01%Total risk-based capital ratio
  • Memoranda
  • $63Average assets
  • $1,315,878Average earning assets
  • $123,322Average equity
  • $1,279,691Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $3,170Managed Assets
  • 1Number 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
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 5Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $3,170Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    2260722Cayman Islands BranchGeorge Town, Grand Cayman, 0May 12, 1990Full Service Brick and Mortar
  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    038653Sumitomo Trust And Banking Co. (U.S.111 River Street, Hoboken, NJ 7030September 21, 1987Full Service Brick and Mortar

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