Whitney National Bank in New Orleans, Louisiana (LA)



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Whitney National Bank routing number info

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Whitney National Bank
GeneralFDIC Certificate #: 18538
Status: Inactive
Acquiring institution: Whitney Bank (#33029)
Federal Reserve ID: 873138
Date Established: October 26, 1883
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 172 (Interstate: No)
FDIC's unique #: 12428
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 06, 2011
Last Structure Change Process Date: June 14, 2011
Last Data Update: June 14, 2011
Data Source Date: April 05, 2012
LocationAddress: 228 St. Charles Avenue, New Orleans, LA 70161
County: Orleans
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): New Orleans, LA (#5560)
Combined Statistical Area (CSA): New Orleans-Metairie-Bogalusa, LA (#406)
Core Based Statistical Area (CBSA): New Orleans-Metairie-Kenner, LA (#35380)
CBSA Metro Statistical Area: New Orleans-Metairie-Kenner, LA (#35380)
History of ChangesMerger - Without Assistance
Financial SummaryTotal assets: $11,477.6 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, 2010)
(Dollar figures in thousands)
Total employees (full-time equivalent)2,672
Total assets$11,780,660
Cash and due from depository institutions$636,760
Interest-bearing balances$426,392
Securities$2,564,526
Federal funds sold & reverse repurchase agreements$19,000
Net loans & leases$7,213,103
Loan loss allowance $216,590
Trading account assets$3,718
Bank premises and fixed assets$232,475
Other real estate owned$87,696
Goodwill and other intangibles$444,600
All other assets$578,782
Life insurance assets$180,329
Total liabilities and capital$11,780,660
Total liabilities$10,298,955
Total deposits$9,406,321
Interest-bearing deposits$5,879,402
Deposits held in domestic offices$9,218,195
% insured (estimated)65.49%
Federal funds purchased & repurchase agreements $537,292
Trading liabilities$3,794
Other borrowed funds $112,949
Subordinated debt $149,836
All other liabilities $88,763
Total equity capital$1,481,705
Total bank equity capital$1,481,705
Perpetual preferred stock$1,481,705
Common stock$0
Surplus$3,358
Undivided profits $1,390,084
Memoranda
Noncurrent loans and leases $88,263
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,230,470
Income earned, not collected on loans $0
Earning assets $312,336
Long-term assets (5+ years) $1,619
Average Assets, year-to-date $29,026
Average Assets, quarterly $10,223,021
Volatile liabilities $2,747,830
Insider loans $11,624,504
FHLB advances $11,640,059
Loans and leases held for sale $1,664,814
Unused loan commitments $144,639
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $307,291
Total risk weighted assets $198,351
Total unused commitments $3,230,470
Restructured Loans and leases $0
Derivatives$261,711
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Income and Expense (December 31, 2010)
(Dollar figures in thousands)
Total interest income $472,841
Total interest expense $52,018
Net interest income $420,823
Provision for loan and lease losses $315,370
Total noninterest income $97,665
Fiduciary activities $11,868
Service charges on deposit accounts $33,734
Trading account gains & fees $1,863
Additional noninterest income $50,200
Total noninterest expense $431,714
Salaries and employee benefits $201,935
Premises and equipment expense $68,287
Additional noninterest expense $161,492
Pre-tax net operating income -$228,596
Securities gains (losses) $0
Applicable income taxes -$93,277
Income before extraordinary items -$135,319
Extraordinary gains - net $0
Net income attributable to bank -$135,319
Net charge-offs $0
Cash dividends -$135,319
Sale, conversion, retirement of capital stock, net $322,317
Net operating income $0
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Performance and Condition Ratios (December 31, 2010)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.67%
Cost of funding earning assets 0.51%
Net interest margin 4.15%
Noninterest income to earning assets 0.96%
Noninterest expense to earning assets 4.26%
Net operating income to assets -1.16%
Return on assets (ROA) -1.16%
Pretax return on assets -1.97%
Return on equity (ROE) -9.28%
Retained earnings to average equity (YTD only) -9.28%
Net charge-offs to loans 4.06%
Credit loss provision to net charge-offs 97.84%
Efficiency ratio0.27%
Assets per employee$82,262
Cash dividends to net income (YTD only)4.41%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.92%
Noncurrent assets plus other real estate owned to assets 69.35%
Noncurrent loans to loans 3.40%
Net loans and leases to deposits4.20%
Net loans and leases to core deposits 76.68%
Equity capital to assets 86.50%
Core capital (leverage) ratio 12.58%
Tier 1 risk-based capital ratio 8.21%
Total risk-based capital ratio 10.37%
Memoranda
Average assets$13
Average earning assets$11,624,504
Average equity $1,458,086
Average loans $10,134,819
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Total Fiduciary and Related Assets (December 31, 2010)
(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$2,563,683
Number of Accounts1
Personal trust and agency accounts$2,202,627
Employee benefit-defined contribution accounts$285,870
Employee benefit-defined benefit accounts$36,399
Other retirement accounts$229,373
Corporate trust and agency accounts$132,421
Investment management agency accounts$822
Other fiduciary accounts$1,134,109
Fiduciary accounts held in foreign offices$297,840
Non-managed Assets$85,793
Number of Accounts1628
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$107,039
Employee benefit-defined benefit accounts$0
Other retirement accounts$361,056
Corporate trust and agency accounts$50,246
Other fiduciary accounts$201,497
Fiduciary accounts held in foreign offices$6,247
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