U.S. Bank National Association in Minneapolis, Minnesota (MN)



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U.S. Bank National Association
GeneralFDIC Certificate #: 5134
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: U.S. Bank National Association (#6548)
Federal Reserve ID: 66855
Date Established: January 01, 1929
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1096 (Interstate: No)
OTS Docket #: 14565
FDIC's unique #: 3435
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: August 09, 2001
Last Structure Change Process Date: August 29, 2001
Last Data Update: August 29, 2001
Data Source Date: April 05, 2012
LocationAddress: 601 Second Avenue South, Minneapolis, MN 55402
County: Hennepin
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Kansas City
FDIC Field Office: Minneapolis
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Minneapolis-St. Paul, MN-WI (#5120)
Combined Statistical Area (CSA): Minneapolis-St. Paul-St. Cloud, MN-WI (#378)
Core Based Statistical Area (CBSA): Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
CBSA Metro Statistical Area: Minneapolis-St. Paul-Bloomington, MN-WI (#33460)
Financial SummaryTotal assets: $80,451.7 mil

1992 - 1999 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, 2000)
(Dollar figures in thousands)
Total employees (full-time equivalent)18,535
Total assets$82,023,123
Cash and due from depository institutions$3,997,544
Interest-bearing balances$12,133
Securities$4,294,532
Federal funds sold & reverse repurchase agreements$108,145
Net loans & leases$65,294,831
Loan loss allowance $979,414
Trading account assets$78,143
Bank premises and fixed assets$526,992
Other real estate owned$39,866
Goodwill and other intangibles$4,680,106
All other assets$3,002,964
Life insurance assets$0
Total liabilities and capital$82,023,123
Total liabilities$71,371,492
Total deposits$53,492,767
Interest-bearing deposits$37,796,582
Deposits held in domestic offices$51,456,929
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $2,007,939
Trading liabilities$81,395
Other borrowed funds $11,526,690
Subordinated debt $2,442,450
All other liabilities $1,820,251
Total equity capital$10,651,631
Total bank equity capital$10,651,631
Perpetual preferred stock$10,651,631
Common stock$0
Surplus$310,004
Undivided profits $6,467,394
Memoranda
Noncurrent loans and leases $3,874,554
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $63,779,838
Income earned, not collected on loans $0
Earning assets $548,707
Long-term assets (5+ years) $14,773
Average Assets, year-to-date $455,201
Average Assets, quarterly $69,709,641
Volatile liabilities $14,186,911
Insider loans $79,011,700
FHLB advances $81,459,498
Loans and leases held for sale $15,911,165
Unused loan commitments $1,090
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $11,931,367
Total risk weighted assets $534,204
Total unused commitments $63,779,838
Restructured Loans and leases $0
Derivatives$3,245,864
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Income and Expense (December 31, 2000)
(Dollar figures in thousands)
Total interest income $6,234,280
Total interest expense $2,800,857
Net interest income $3,433,423
Provision for loan and lease losses $593,185
Total noninterest income $1,950,878
Fiduciary activities $329,304
Service charges on deposit accounts $463,503
Trading account gains & fees $23,580
Additional noninterest income $1,134,491
Total noninterest expense $2,565,304
Salaries and employee benefits $935,579
Premises and equipment expense $239,201
Additional noninterest expense $1,390,524
Pre-tax net operating income $2,225,812
Securities gains (losses) $7,403
Applicable income taxes $797,151
Income before extraordinary items $1,436,064
Extraordinary gains - net $0
Net income attributable to bank $1,436,064
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $593,227
Net operating income $895,000
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Performance and Condition Ratios (December 31, 2000)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets9.14%
Cost of funding earning assets 4.11%
Net interest margin 5.03%
Noninterest income to earning assets 2.86%
Noninterest expense to earning assets 3.76%
Net operating income to assets 1.81%
Return on assets (ROA) 1.82%
Pretax return on assets 2.83%
Return on equity (ROE) 15.40%
Retained earnings to average equity (YTD only) 5.80%
Net charge-offs to loans 0.93%
Credit loss provision to net charge-offs 99.99%
Efficiency ratio4.75%
Assets per employee$42,514
Cash dividends to net income (YTD only)4.43%
Condition Ratios (%)
Loss allowance to loans 62.32%
Loss allowance to noncurrent loans 1.48%
Noncurrent assets plus other real estate owned to assets 178.49%
Noncurrent loans to loans 0.72%
Net loans and leases to deposits0.83%
Net loans and leases to core deposits 122.06%
Equity capital to assets 143.79%
Core capital (leverage) ratio 12.99%
Tier 1 risk-based capital ratio 7.89%
Total risk-based capital ratio 7.29%
Memoranda
Average assets$11
Average earning assets$79,011,700
Average equity $9,326,531
Average loans $68,217,003
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