TBTFery
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

View only
 
 
ABCDEFGHIJKLMNOPQRST
1
2
CY/YE 2012, $ in mmJPMWFCBACCGSTBTF AverageASBCTCBFHNFNFGZIONNon-TBTF AverageTBTF Bonus/ (Penalty) (bps)
3
Assets2,359,1411,422,9682,209,9741,864,660939,0001,759,14923,48818,22625,52036,80655,51231,910
4
Liabilities2,155,0721,264,0571,973,0181,673,663863,2801,585,81820,55116,34923,01131,88049,46328,251
5
Preferred9,05812,88318,7682,5626,2009,8946326303381,128359
6
Stockholders' equity204,069157,554236,956189,04975,720172,6702,9361,8772,5094,9276,0493,659
7
Common Equity195,011144,671218,188186,48769,520162,7752,8731,6132,5094,5894,9203,301
8
9
Interest expense11,1535,16116,74420,5351,89111,0979210511015368106
10
Pref dividends6538981,4283559615560282312
11
12
Deposits1,193,5981,002,8351,105,261930,5601,058,06416,94014,05116,63027,67746,13324,286
13
Long-term debt249,024127,379275,585239,463167,300211,7501,0151,9312,2267322,3371,649
14
15
16
Interest expense % of assets0.47%0.36%0.76%1.10%0.20%0.58%0.39%0.57%0.43%0.42%0.12%0.39%(19)
17
Total fixed charges % of assets0.50%0.43%0.82%1.10%0.21%0.61%0.42%0.60%0.43%0.49%0.16%0.42%(19)
18
Interest expense % of liabilities0.52%0.41%0.85%1.23%0.22%0.64%0.45%0.64%0.48%0.48%0.14%0.44%(21)
19
Total fixed charges % of liab + pref0.55%0.47%0.91%1.23%0.22%0.68%0.47%0.66%0.48%0.56%0.18%0.47%(21)
20
21
Common equity / assets8.27%10.17%9.87%10.00%7.40%9.14%12.23%8.85%9.83%12.47%8.86%10.45%131
22
Equity / assets9.03%11.98%11.57%10.28%8.72%10.32%12.77%11.74%9.83%14.30%12.93%12.32%200
23
Equity + LTD / assets19.21%20.02%23.19%22.98%25.88%22.26%16.82%20.89%18.56%15.38%15.11%17.35%(491)
24
25
Fitch holdco long-term rating, "Support Rating" and "Support Rating Floor"(A+)AA-/1/A(A)A/1/AA/1/ABBB-/5/NFBBB-/5/NFBBB-/5/NFBBB-/5/NFBBB-/5/NF
26
27
Source
http://www.sec.gov/Archives/edgar/data/19617/000001961713000075/a4q12erfexhibit992suppleme.htm
http://www.sec.gov/Archives/edgar/data/72971/000119312513010112/d450286dex991.htm
http://www.sec.gov/Archives/edgar/data/70858/000007085813000005/bac-12312012xexhibit993.htm
http://www.sec.gov/Archives/edgar/data/831001/000110465913003060/a13-3021_1ex99d2.htm
http://www.sec.gov/Archives/edgar/data/886982/000119312513013894/d466260dex991.htm
http://www.sec.gov/Archives/edgar/data/7789/000119312513062681/d486140d10k.htm
http://www.sec.gov/Archives/edgar/data/814184/000110465913013187/a13-1276_110k.htm
http://files.shareholder.com/downloads/FTEN/2340234672x0x629160/da0f66f8-b456-4fd1-ad54-8f2750ca357f/4Q12_FHN_Supplement.pdf
http://www.sec.gov/Archives/edgar/data/1051741/000105174113000014/fnfg10-kfy2012.htm
http://www.sec.gov/Archives/edgar/data/109380/000010938013000027/a4q20128-kex991.htm
28
Fitch source
http://www.fitchratings.com/gws/en/sector/entity/banks?Ne=421&N=1154+416+4294965174+4293330851+1211&Ns=issuerMaxDate|1
http://www.fitchratings.com/gws/en/sector/entity/banks?Ne=421&N=1155+416+4294965174+4293330851+1211&Ns=issuerMaxDate|1
29
30
31
Summary
32
33
TBTF BanksNon-TBTF BanksTBTF Bonus/ (Penalty) (bps)
34
Cost of funding
35
Interest expense as % of total liabilities0.64%0.44%(21)
36
Interest plus preferred dividends, as % of liabilities plus preferred stock0.68%0.47%(21)
37
Interest plus preferred dividends, as % of assets0.61%0.42%(19)
38
39
Leverage
40
Common equity as % of assets9.14%10.45%131
41
Common + preferred equity as % of assets10.32%12.32%200
42
Equity + long-term debt as % of assets22.26%17.35%(491)
43
44
Other
45
Total assets ($bn)1,759.131.9
46
Fitch holdco ratingA to AA-BBB-4-6 notches
47
48
49
50
Common equity penalty:TBTFNon-TBTF
51
Common equity as % of assets9.14%10.45%
52
Cost of common equity 10%10%
53
Cost of common equity as % of assets0.91%1.04%
54
Cash cost of debt/pref funds as % of assets0.61%0.42%
55
Total cost of funds as % of assets1.53%1.47%
56
57
58
59
TBTF cost-0.19%
60
In dollars, per bank ($bn)3.35
61
In dollars per year, total ($bn)16.76
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Loading...