United Credit Card Bank, National Association - Overview
General
FDIC Certificate #: 34293 Status: Inactive Federal Reserve ID: 2699752 Date Established: June 01, 1998 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 57052 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: June 01, 1998 Last Structure Change Effective Date: September 30, 1999 Last Structure Change Process Date: October 28, 1999 Last Data Update: October 28, 1999 Data Source Date: April 05, 2012
Location
Address: 8550 United Plaza Boulevard, Suite 203, Baton Rouge, LA 70809 County: East Baton Rouge Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Baton Rouge Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Baton Rouge, LA (#760) Combined Statistical Area (CSA): Baton Rouge-Pierre Part, LA (#132) Core Based Statistical Area (CBSA): Baton Rouge, LA (#12940) CBSA Metro Statistical Area: Baton Rouge, LA (#12940)
History of Changes
Other Liquidations and Closings
Financial Summary
Total assets: $2.5 mil
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
6Total employees (full-time equivalent)
$2,472Total assets
$292Cash and due from depository institutions
$0Interest-bearing balances
$1,668Securities
$400Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$112All other assets
$2,472Total liabilities and capital
$551Total liabilities
$500Total deposits
$500Interest-bearing deposits
$500Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$51All other liabilities
$1,921Total equity capital
$1,921Total bank equity capital
$1,921Perpetual preferred stock
$0Common stock
$1,000Surplus
$1,000Undivided profits
Memoranda
$-79Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$5Average Assets, year-to-date
$2,068Average Assets, quarterly
$51Volatile liabilities
$2,506Insider loans
$2,473FHLB advances
$500Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,802Total unused commitments
$0Restructured Loans and leases
$632Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$106Total interest income
$15Total interest expense
$91Net interest income
$0Provision for loan and lease losses
$422Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$422Additional noninterest income
$636Total noninterest expense
$183Salaries and employee benefits
$18Premises and equipment expense
$435Additional noninterest expense
-$123Pre-tax net operating income
$0Securities gains (losses)
-$44Applicable income taxes
-$79Income before extraordinary items
$0Extraordinary gains - net
-$79Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.85%Yield on earning assets
0.69%Cost of funding earning assets
4.16%Net interest margin
19.31%Noninterest income to earning assets
29.11%Noninterest expense to earning assets
-3.15%Net operating income to assets
-3.15%Return on assets (ROA)
-4.91%Pretax return on assets
-4.05%Return on equity (ROE)
-4.05%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
123,977Assets per employee
0.41%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
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