The Industrial Bank of Japan Trust Company in New York, New York (NY)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 2002

  • The Industrial Bank of Japan Trust Company in New York, New York (NY)
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The Industrial Bank of Japan Trust Company - Overview

  • General
  • FDIC Certificate #: 21844
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mizuho Corporate Bank (USA) (#21843)
    Federal Reserve ID: 132415
    Date Established: November 29, 1974
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 15133
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 29, 1974
    Last Structure Change Effective Date: December 01, 2002
    Last Structure Change Process Date: January 16, 2003
    Last Data Update: January 16, 2003
    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: $2,639.7 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, 2001)

  • Dollar figures in thousands
  • 114Total employees (full-time equivalent)
  • $1,662,300Total assets
  • $6,083Cash and due from depository institutions
  • $2,603Interest-bearing balances
  • $145,787Securities
  • $280,500Federal funds sold & reverse repurchase agreements
  • $1,208,128Net loans & leases
  • $53,862Loan loss allowance
  • $0Trading account assets
  • $545Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $21,257All other assets
  • $1,662,300Total liabilities and capital
  • $1,300,339Total liabilities
  • $861,968Total deposits
  • $830,321Interest-bearing deposits
  • $48,246Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $202,783Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $14,763Other borrowed funds
  • $152,000Subordinated debt
  • $68,825All other liabilities
  • $361,961Total equity capital
  • $361,961Total bank equity capital
  • $361,961Perpetual preferred stock
  • $0Common stock
  • $140,433Surplus
  • $177,259Undivided profits
  • Memoranda
  • $44,269Noncurrent loans and leases
  • $705,354Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $71,480Earning assets
  • $0Long-term assets (5+ years)
  • $5,914Average Assets, year-to-date
  • $1,637,018Average Assets, quarterly
  • $190,236Volatile liabilities
  • $1,860,259Insider loans
  • $1,891,862FHLB advances
  • $1,037,604Loans and leases held for sale
  • $0Unused loan commitments
  • $14,763Tier 1 (core) risk-based capital
  • $2,324,186Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $705,354Total unused commitments
  • $0Restructured Loans and leases
  • $76,139Derivatives
  • $61,606Total assets and liabilities in foreign offices

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $105,449Total interest income
  • $62,843Total interest expense
  • $42,606Net interest income
  • $25,638Provision for loan and lease losses
  • $20,441Total noninterest income
  • $1,682Fiduciary activities
  • $142Service charges on deposit accounts
  • $0Trading account gains & fees
  • $18,617Additional noninterest income
  • $30,891Total noninterest expense
  • $6,517Salaries and employee benefits
  • $4,038Premises and equipment expense
  • $20,336Additional noninterest expense
  • $6,518Pre-tax net operating income
  • -$52Securities gains (losses)
  • -$155Applicable income taxes
  • $6,621Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,621Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$51Sale, conversion, retirement of capital stock, net
  • $26,000Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.75%Yield on earning assets
  • 3.43%Cost of funding earning assets
  • 2.32%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 1.68%Noninterest expense to earning assets
  • 0.36%Net operating income to assets
  • 0.36%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 1.77%Return on equity (ROE)
  • -5.18%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -50270.59%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 48,997Assets per employee
  • 14.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 392.69%Loss allowance to loans
  • 4.27%Loss allowance to noncurrent loans
  • 75.35%Noncurrent assets plus other real estate owned to assets
  • 4.30%Noncurrent loans to loans
  • 5.66%Net loans and leases to deposits
  • 140.16%Net loans and leases to core deposits
  • 3662.66%Equity capital to assets
  • 21.77%Core capital (leverage) ratio
  • 17.51%Tier 1 risk-based capital ratio
  • 22.74%Total risk-based capital ratio
  • Memoranda
  • $28Average assets
  • $1,860,259Average earning assets
  • $374,133Average equity
  • $1,834,416Average loans

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