Universal Bank, National Association in Columbus, Georgia (GA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 07, 2002

  • Universal Bank, National Association in Columbus, Georgia (GA)
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Universal Bank, National Association - Overview

  • General
  • FDIC Certificate #: 32897
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citibank (South Dakota), N.A. (#23360)
    Federal Reserve ID: 1442380
    Date Established: March 26, 1990
    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 #: 45809
    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: March 26, 1990
    Last Structure Change Effective Date: January 07, 2002
    Last Structure Change Process Date: January 29, 2002
    Last Data Update: January 29, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 Bookstone Centre, Suite 100, Columbus, GA 31904
    County: Muscogee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: New York
    FDIC Field Office: Atlanta
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Columbus, GA-AL (#1800)
    Combined Statistical Area (CSA): Columbus-Auburn-Opelika, GA-AL (#194)
    Core Based Statistical Area (CBSA): Columbus, GA-AL (#17980)
    CBSA Metro Statistical Area: Columbus, GA-AL (#17980)
  • Financial Summary
  • Total assets: $11,094.2 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, 2001)

  • Dollar figures in thousands
  • 3,402Total employees (full-time equivalent)
  • $11,094,204Total assets
  • $9,949Cash and due from depository institutions
  • $900Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $8,619,337Net loans & leases
  • $229,280Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $1,862,064Goodwill and other intangibles
  • $0Life insurance assets
  • $602,854All other assets
  • $11,094,204Total liabilities and capital
  • $7,655,346Total liabilities
  • $52,771Total deposits
  • $10,000Interest-bearing deposits
  • $52,771Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $7,143,270Other borrowed funds
  • $0Subordinated debt
  • $459,305All other liabilities
  • $3,438,858Total equity capital
  • $3,438,858Total bank equity capital
  • $3,438,858Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $2,832,070Undivided profits
  • Memoranda
  • $604,788Noncurrent loans and leases
  • $79,815,516Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $119,238Earning assets
  • $0Long-term assets (5+ years)
  • $279,551Average Assets, year-to-date
  • $8,620,237Average Assets, quarterly
  • $0Volatile liabilities
  • $13,972,692Insider loans
  • $13,978,109FHLB advances
  • $7,153,270Loans and leases held for sale
  • $450Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $79,815,516Total unused commitments
  • $0Restructured Loans and leases
  • $129,390Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $1,357,789Total interest income
  • $469,011Total interest expense
  • $888,778Net interest income
  • $352,994Provision for loan and lease losses
  • $545,620Total noninterest income
  • $0Fiduciary activities
  • $4,121Service charges on deposit accounts
  • $0Trading account gains & fees
  • $541,499Additional noninterest income
  • $585,969Total noninterest expense
  • $399Salaries and employee benefits
  • $83Premises and equipment expense
  • $585,487Additional noninterest expense
  • $495,435Pre-tax net operating income
  • $0Securities gains (losses)
  • $183,527Applicable income taxes
  • $311,908Income before extraordinary items
  • $0Extraordinary gains - net
  • $311,908Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $415,816Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 11.87%Yield on earning assets
  • 4.10%Cost of funding earning assets
  • 7.77%Net interest margin
  • 4.77%Noninterest income to earning assets
  • 5.12%Noninterest expense to earning assets
  • 2.23%Net operating income to assets
  • 2.23%Return on assets (ROA)
  • 3.55%Pretax return on assets
  • 9.59%Return on equity (ROE)
  • 9.59%Retained earnings to average equity (YTD only)
  • 3.56%Net charge-offs to loans
  • 84.89%Credit loss provision to net charge-offs
  • 2.04%Efficiency ratio
  • 26,015Assets per employee
  • 3.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.59%Loss allowance to noncurrent loans
  • 192.29%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 16333.47%Net loans and leases to core deposits
  • 20152.29%Equity capital to assets
  • 31.00%Core capital (leverage) ratio
  • 25.67%Tier 1 risk-based capital ratio
  • 23.77%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $13,972,692Average earning assets
  • $3,253,111Average equity
  • $11,437,160Average 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
  • $6,603,000Credit cards receivables
  • $0Auto loans
  • $0Other consumer loans
  • $0Commercial and industrial loans

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