Mizuho Corporate Bank (USA)

Mizuho Corporate Bank (USA) Locations
1251 Avenue Of The Americas
New York, NY 10020
www.mizuhocbk.co.jp



Mizuho Corporate Bank (USA) is headquartered in New York and is the 23rd largest bank in the state of New York. It is also the 221st largest bank in the nation. It was established in 1974 and as of March of 2012, it had grown to 224 employees at 2 locations. Mizuho Corporate Bank (USA) has a 5-star health rating.


Data for Q1 2012


Institution Statistics


Mizuho Corporate Bank (USA)
FDIC Certificate #21843
BankRate ReportView
Year Established1974
Employees224
Primary RegulatorFED

Assets and Liabilities

Assets$3.49 billion
Loans$2.82 billion
Deposits$2.11 billion
Equity Capital$1.06 billion
Loan Loss Allowance$3.33 million
Unbacked Noncurrent Loans$25.53 million

Historic Data - March 2011

Assets$2.91 billion
Equity Capital$1.05 billion
Loan Loss Allowance$3.92 million

Profit Margin - Quarterly

Net Interest Margin1.77%
Return on Assets0.62%
Return on Equity1.99%
Interest Income$16.78 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Mizuho Corporate Bank (USA) had $25.53 million in non-current loans and owned real-estate with $1.07 billion in equity and loan loss allowances on hand to cover it. This gives Mizuho Corporate Bank (USA) a Texas Ratio of 2.40% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Mizuho Corporate Bank (USA) has increased its total deposits by $451.21 million, resulting in 27.17% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mizuho Corporate Bank (USA) has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mizuho Corporate Bank (USA) has $3.49 billion in assets with $1.07 billion in equity, resulting in a capitalization level of 30.56%, which is excellent.
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