U.S. Bank National Association ND in Fargo, North Dakota (ND)
Overview, Financial Summary, Detailed Financial Reports, Branches

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

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total 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
  • 914Total employees (full-time equivalent)
  • $5,997,931Total assets
  • $73,877Cash and due from depository institutions
  • $50Interest-bearing balances
  • $135Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $5,589,096Net loans & leases
  • $194,826Loan loss allowance
  • $0Trading account assets
  • $6,017Bank premises and fixed assets
  • $3,114Other real estate owned
  • $45,232Goodwill and other intangibles
  • $5,997,931Life insurance assets
  • $280,460All other assets
  • $5,208,147Total liabilities and capital
  • $53,470Total liabilities
  • $27,564Total deposits
  • $53,470Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,689,560Trading liabilities
  • $100,000Other borrowed funds
  • $365,117Subordinated debt
  • $789,784All other liabilities
  • $789,784Total equity capital
  • $789,784Total bank equity capital
  • $0Perpetual preferred stock
  • $2,000Common stock
  • $80,841Surplus
  • $706,943Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $37Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $81,407Income earned, not collected on loans
  • $0Earning assets
  • $37,664Long-term assets (5+ years)
  • $5,589,281Average Assets, year-to-date
  • $1,155,849Average Assets, quarterly
  • $5,873,287Volatile liabilities
  • $6,048,376Insider loans
  • $5,732,050FHLB advances
  • $5,964,038Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $767,196Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $12,902,093Restructured Loans and leases
  • $44Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $259,465Total interest income
  • $7,399Total interest expense
  • $252,066Net interest income
  • $78,202Provision for loan and lease losses
  • $347,841Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $347,841Additional noninterest income
  • $346,035Total noninterest expense
  • $42,424Salaries and employee benefits
  • $3,223Premises and equipment expense
  • $300,388Additional noninterest expense
  • $175,670Pre-tax net operating income
  • $30Securities gains (losses)
  • $62,293Applicable income taxes
  • $113,407Income before extraordinary items
  • $0Extraordinary gains - net
  • $113,407Net income attributable to bank
  • $0Net charge-offs
  • $113,407Cash dividends
  • $117,846Sale, conversion, retirement of capital stock, net
  • $100,000Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.68%Yield on earning assets
  • 0.13%Cost of funding earning assets
  • 4.55%Net interest margin
  • 6.28%Noninterest income to earning assets
  • 6.25%Noninterest expense to earning assets
  • 1.93%Net operating income to assets
  • 1.93%Return on assets (ROA)
  • 2.99%Pretax return on assets
  • 13.88%Return on equity (ROE)
  • 1.64%Retained earnings to average equity (YTD only)
  • 2.05%Net charge-offs to loans
  • 66.36%Credit loss provision to net charge-offs
  • 2.15%Efficiency ratio
  • 57,057Assets per employee
  • 6.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 88.18%Loss allowance to loans
  • 3.37%Loss allowance to noncurrent loans
  • 239.32%Noncurrent assets plus other real estate owned to assets
  • 1.41%Noncurrent loans to loans
  • 1.41%Net loans and leases to deposits
  • 10452.77%Net loans and leases to core deposits
  • 15174.57%Equity capital to assets
  • 13.17%Core capital (leverage) ratio
  • 12.86%Tier 1 risk-based capital ratio
  • 13.38%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $5,873,287Average earning assets
  • $817,131Average equity
  • $5,539,337Average loans

Bank Assets Sold and Securitized (December 31, 2001)

  • Dollar figures in thousands
  • Principal balance with servicing or other recourse retained
  • $01-4 family residential loans
  • $0Home equity lines
  • $0Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $213,717Commercial and industrial loans

List of branches

  • 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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