USAA Federal Savings Bank in San Antonio, Texas (TX)



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USAA Federal Savings Bank
GeneralFDIC Certificate #: 32188
Status: Active
Federal Reserve ID: 619877
Date Established: December 30, 1983
WWW: http://www.usaa.com
Trust Powers Granted: Yes
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 11 (Domestic: 11, Interstate: No)
OTS Docket #: 7975
FDIC's unique #: 45022
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: 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: Consumer Lending Specialization
Date of Deposit Insurance: December 30, 1983
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: 10750 Mcdermott Freeway, San Antonio, TX 78288
County: Bexar
Quarterly Banking Profile Region: Dallas
FDIC Geographic Region: Dallas
FDIC Supervisory Region: Dallas
FDIC Field Office: Austin
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): San Antonio, TX (#7240)
Core Based Statistical Area (CBSA): San Antonio-New Braunfels, TX (#41700)
CBSA Metro Statistical Area: San Antonio-New Braunfels, TX (#41700)
History of ChangesCorrections
Change in Primary Regulatory Agency
Financial SummaryTotal assets: $52,181.7 mil
Equity capital: $4,373.4 mil
Deposits held in domestic offices: $46,613.9 mil
Return on assets (ROA): 1.33% ($694.0 mil)
Quarterly return on assets: 0.99% ($516.6 mil)
Return on Equity (ROE): 15.67% ($685.2 mil)
Quarterly return on equity: 11.66% ($509.9 mil)
Net income: $646.9 mil
Quarterly Net income: $127.2 mil
Pretax return on assets: 2.04% ($1,064,506.4 mil)
Quarterly Pretax return on assets: 1.44% ($751,416.3 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)2,499
Total assets$52,181,685
Cash and due from depository institutions$9,158,521
Interest-bearing balances$8,649,634
Securities$4,976,516
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$37,086,991
Loan loss allowance $815,561
Trading account assets$1,039
Bank premises and fixed assets$5,263
Other real estate owned$3,215
Goodwill and other intangibles$120,113
All other assets$830,027
Life insurance assets$52,181,685
Total liabilities and capital$47,808,317
Total liabilities$46,613,888
Total deposits$46,439,070
Interest-bearing deposits$46,613,888
Deposits held in domestic offices$89
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,194,429
All other liabilities $4,373,368
Total equity capital$4,373,368
Total bank equity capital$4,373,368
Perpetual preferred stock$275,100
Common stock$18,000
Surplus$947,696
Undivided profits $3,132,572
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $218,406
Earning assets $0
Long-term assets (5+ years) $143,078
Average Assets, year-to-date $50,714,180
Average Assets, quarterly $0
Volatile liabilities $48,807,469
Insider loans $51,243,123
FHLB advances $37,689,503
Loans and leases held for sale $52,178,371
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $4,363,877
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $46,344,801
Derivatives$7,777
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $2,263,244
Total interest expense $393,295
Net interest income $1,869,949
Provision for loan and lease losses $494,486
Total noninterest income $1,574,007
Fiduciary activities $0
Service charges on deposit accounts $126,443
Trading account gains & fees $61,736
Additional noninterest income $1,385,828
Total noninterest expense $1,952,852
Salaries and employee benefits $596,061
Premises and equipment expense $333,935
Additional noninterest expense $1,022,856
Pre-tax net operating income $996,618
Securities gains (losses) $0
Applicable income taxes $349,744
Income before extraordinary items $646,874
Extraordinary gains - net $0
Net income attributable to bank $646,874
Net charge-offs $0
Cash dividends $646,874
Sale, conversion, retirement of capital stock, net $651,497
Net operating income $116,196
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.87%
Cost of funding earning assets 0.85%
Net interest margin 4.02%
Noninterest income to earning assets 3.38%
Noninterest expense to earning assets 4.20%
Net operating income to assets 1.33%
Return on assets (ROA) 1.33%
Pretax return on assets 2.04%
Return on equity (ROE) 15.67%
Retained earnings to average equity (YTD only) 12.86%
Net charge-offs to loans 1.81%
Credit loss provision to net charge-offs 75.90%
Efficiency ratio2.29%
Assets per employee$55,733
Cash dividends to net income (YTD only)20.88%
Condition Ratios (%)
Loss allowance to loans 17.96%
Loss allowance to noncurrent loans 2.15%
Noncurrent assets plus other real estate owned to assets 373.42%
Noncurrent loans to loans 0.42%
Net loans and leases to deposits0.58%
Net loans and leases to core deposits 79.56%
Equity capital to assets 94.93%
Core capital (leverage) ratio 8.38%
Tier 1 risk-based capital ratio 8.37%
Total risk-based capital ratio 11.58%
Memoranda
Average assets$13
Average earning assets$48,807,469
Average equity $4,128,006
Average loans $46,515,767
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Total Fiduciary and Related Assets (December 31, 2011)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$750,544
Number of Accounts1
Personal trust and agency accounts$750,544
Employee benefit-defined contribution accounts$287,037
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$192,459
Investment management agency accounts$0
Other fiduciary accounts$271,048
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts1051
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$229,176
Other retirement accounts$0
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
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11 Texas Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
045022Usaa Federal Savings Bank10750 Mcdermott Freeway, San Antonio, TX 78288December 30, 1983Full Service Brick and Mortar
103518093Usaa Fsb - Colorado Springs10750 Mcdermott Freeway, San Antonio, TX 78288May 24, 2010Full Service Cyber
104518094Usaa Fsb - Killeen Branch10750 Mcdermott Freeway, San Antonio, TX 78288March 08, 2010Full Service Cyber
105518095Usaa Fsb - San Antonio West Loop10750 Mcdermott Freeway, San Antonio, TX 78288September 15, 2009Full Service Cyber
106522107Usaa Fsb - Forum Branch10750 Mcdermott Freeway, San Antonio, TX 78288July 26, 2010Full Service Cyber
107522108Usaa Fsb - Annapolis Branch10750 Mcdermott Freeway, San Antonio, TX 78288August 23, 2010Full Service Cyber
108522109Usaa Fsb - Oceanside Branch10750 Mcdermott Freeway, San Antonio, TX 78288November 08, 2010Full Service Cyber
109522110Usaa Fsb - West Point Branch10750 Mcdermott Freeway, San Antonio, TX 78288December 06, 2010Full Service Cyber
110522111Usaa Fsb - Ft. Hood St. Branch10750 Mcdermott Freeway, San Antonio, TX 78288December 20, 2010Full Service Cyber
111522112Usaa Fsb - Arlington Branch10750 Mcdermott Freeway, San Antonio, TX 78288March 14, 2011Full Service Cyber
112522113Usaa Fsb - San Diego Branch10750 Mcdermott Freeway, San Antonio, TX 78288June 20, 2011Full Service Cyber
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