U.S. Bank National Association ND in Fargo, North Dakota (ND)

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U.S. Bank National Association ND routing number info

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U.S. Bank National Association ND
GeneralFDIC Certificate #: 34590
Status: Active
Federal Reserve ID: 2582023
Bank Holding Company (Regulatory Top Holder): U.S. Bancorp (RSSDID: 1119794, Location: Minneapolis, MN)
Date Established: July 31, 1997
WWW: http://www.usbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 1 (Domestic: 1, Interstate: No)
FDIC's unique #: 60754
Numeric code: 3
Regulator: OCC
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: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 31, 1997
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
LocationAddress: 4325 17th Avenue, S.W., Fargo, ND 58103
County: Cass
Quarterly Banking Profile Region: Kansas City
FDIC Geographic Region: Kansas City
FDIC Supervisory Region: Washington
FDIC Field Office: Fargo
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Fargo-Moorhead, ND-MN (#2520)
Combined Statistical Area (CSA): Fargo-Wahpeton, ND-MN (#244)
Core Based Statistical Area (CBSA): Fargo, ND-MN (#22020)
CBSA Metro Statistical Area: Fargo, ND-MN (#22020)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $5,997.9 mil
Equity capital: $789.8 mil
Deposits held in domestic offices: $53.5 mil
Return on assets (ROA): 1.93% ($115.8 mil)
Quarterly return on assets: 0.10% ($6.0 mil)
Return on Equity (ROE): 13.88% ($109.7 mil)
Quarterly return on equity: 0.75% ($5.9 mil)
Net income: $113.4 mil
Quarterly Net income: $1.6 mil
Pretax return on assets: 2.99% ($179,338.1 mil)
Quarterly Pretax return on assets: 0.18% ($10,796.3 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)
Total employees (full-time equivalent)914
Total assets$5,997,931
Cash and due from depository institutions$73,877
Interest-bearing balances$50
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$5,589,096
Loan loss allowance $194,826
Trading account assets$0
Bank premises and fixed assets$6,017
Other real estate owned$3,114
Goodwill and other intangibles$45,232
All other assets$280,460
Life insurance assets$5,997,931
Total liabilities and capital$5,208,147
Total liabilities$53,470
Total deposits$27,564
Interest-bearing deposits$53,470
Deposits held in domestic offices$88
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,689,560
Other borrowed funds $100,000
Subordinated debt $365,117
All other liabilities $789,784
Total equity capital$789,784
Total bank equity capital$789,784
Perpetual preferred stock$0
Common stock$2,000
Undivided profits $706,943
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $37
Income earned, not collected on loans $81,407
Earning assets $0
Long-term assets (5+ years) $37,664
Average Assets, year-to-date $5,589,281
Average Assets, quarterly $1,155,849
Volatile liabilities $5,873,287
Insider loans $6,048,376
FHLB advances $5,732,050
Loans and leases held for sale $5,964,038
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $767,196
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $12,902,093
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $259,465
Total interest expense $7,399
Net interest income $252,066
Provision for loan and lease losses $78,202
Total noninterest income $347,841
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $347,841
Total noninterest expense $346,035
Salaries and employee benefits $42,424
Premises and equipment expense $3,223
Additional noninterest expense $300,388
Pre-tax net operating income $175,670
Securities gains (losses) $30
Applicable income taxes $62,293
Income before extraordinary items $113,407
Extraordinary gains - net $0
Net income attributable to bank $113,407
Net charge-offs $0
Cash dividends $113,407
Sale, conversion, retirement of capital stock, net $117,846
Net operating income $100,000
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.68%
Cost of funding earning assets 0.13%
Net interest margin 4.55%
Noninterest income to earning assets 6.28%
Noninterest expense to earning assets 6.25%
Net operating income to assets 1.93%
Return on assets (ROA) 1.93%
Pretax return on assets 2.99%
Return on equity (ROE) 13.88%
Retained earnings to average equity (YTD only) 1.64%
Net charge-offs to loans 2.05%
Credit loss provision to net charge-offs 66.36%
Efficiency ratio2.15%
Assets per employee$57,057
Cash dividends to net income (YTD only)6.56%
Condition Ratios (%)
Loss allowance to loans 88.18%
Loss allowance to noncurrent loans 3.37%
Noncurrent assets plus other real estate owned to assets 239.32%
Noncurrent loans to loans 1.41%
Net loans and leases to deposits1.41%
Net loans and leases to core deposits 10452.77%
Equity capital to assets 15174.57%
Core capital (leverage) ratio 13.17%
Tier 1 risk-based capital ratio 12.86%
Total risk-based capital ratio 13.38%
Average assets$16
Average earning assets$5,873,287
Average equity $817,131
Average loans $5,539,337
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Bank Assets Sold and Securitized (December 31, 2001)
(Dollar figures in thousands)
Principal balance with servicing or other recourse retained
1-4 family residential loans $0
Home equity lines$0
Credit cards receivables$0
Auto loans$0
Other consumer loans$0
Commercial and industrial loans$213,717
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1 North Dakota Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
060754U.S. Bank National Association Nd4325 17th Avenue, S.W., Fargo, ND 58103July 31, 1997Full Service Brick and Mortar
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