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Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 24387
Date Established
1983
Assets
$ 2.91 billion
Loans
$ 2.63 billion
Deposits
$ 2.31 billion
Capital
$ 396.60 million
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 168.70 million
Interest-bearing balances
$ 163.43 million
Total securities
$ 9.38 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 2.63 billion
Loan loss allowance
$ 31.18 million
Trading account assets
N.A.
Bank premises and fixed assets
N.A.
Other real estate owned
N.A.
Goodwill and other intangibles
N.A.
All other assets
$ 50.14 million
Total Assets
$ 2.52 billion
LIABILITIES
Total deposits
$ 2.31 billion
Interest-bearing deposits
$ 1,880.18 million
Deposits held in domestic offices
$ 2.31 billion
% insured (estimated)
73.13%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 130.00 million
Subordinated debt
N.A.
All other liabilities
$ 76.27 millionn
Total Liabilities
$ 2.52 billion
Shareholders’ Equity
$ 396.60 million
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 23.44 million
Total Interest Expense
$ 4.33 million
Net interest income
$ 19.11 million
Provision for loan and lease losses
$ 0.01 million
Total non interest income
$ 1.69 million
Total non interest expense
$ 14.75 million
Pre-tax Net Operating Income
$ 6.03 million
Industrial and Commercial Bank of China USA, National Association is an FDIC insured institution headquartered at
1185 Avenue Of The Americas, New York, NY 10036.
It was founded in
1983 and has approximately $3 billion in
assets. Customers can open an account at one of its 13 branches.
Customer Reviews for Industrial and Commercial Bank of China USA, National Association
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