SEI Private Trust Company Reports – 2973386

SEI Private Trust Company Financial Reports

Quarter Ended: 2024-09-30

Data Updated on: 11/22/2024

SEI Private Trust Company is a N/A located in Oaks, PA. Established on 01/02/2001, the bank is regulated by the OCC and has 1 domestic offices. It operates in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

The bank has 756 employees and holds $266,750k in total assets. With a focus on community banking, the bank has been serving its customers since 01/02/2001.

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SEI Private Trust Company Institution Profile

Established Date01/02/2001Institution ClassN/A
Primary RegulatorOCCNumber of Domestic Offices1
Number of Foreign Offices0Number of US Offices0
Number of Employees756Directly owned by another bank (CERT)No
Community BankNoZIP19456
Ownership TypeNot MutualCityOaks
State Alpha codePAState and County Number42091
Subchapter S CorporationsNoTrust PowersN/A
Federal Reserve ID Number3Federal Reserve ID Number DescriptionPHILADELPHIA
Office of The Comptroller District:NORTHEAST DISTRICTOffice of Thrift Supervision RegionNortheast
Last Structure Change Effective Date08/31/2022Date of Deposit Insurance01/02/2001
Primary Insurance AgencyDIF

Institution Profile Overview

Delve into the foundational details of SEI Private Trust Company with our “Institution Profile” table. The 01/02/2001 marks the bank’s inception, providing historical context. Categorized as a N/A, the bank operates under the oversight of OCC, ensuring compliance and regulatory adherence.

1 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Oaks, PA, and 19456 provide geographic context. Explore these attributes to gain a holistic view of SEI Private Trust Company in the financial landscape.

SEI Private Trust Company Financials

(USD, in thousands)

Total Assets$266,750Total Liabilities$17,576
Total Equity Capital$249,174Total Deposits$500
Net Loans and Leases$0Total Interest Income$2,090
Total Noninterest Income$79,480Total Interest Expense$7
Total Noninterest Expense$47,461Tier 1 Risk-Based Capital Ratio351.76%
Net Loans and Leases to Core DepositsN/AReturn on Assets40.09%
Return on Equity42.91%Efficiency Ratio58.19%

Financial Performance Overview

Gain a comprehensive perspective on SEI Private Trust Company’s financial landscape through our “Financials” table. The bank boasts total assets of $266,750k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $17,576k and total equity capital at $249,174k.

Delve into key operational metrics, including total deposits of $500k, net loans and leases at $0k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 351.7633, and Return on Assets at 40.09. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of SEI Private Trust Company’s performance and competitive positioning within the financial industry.

SEI Private Trust Company Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x)N/ANet Loans and Leases to Core DepositsN/A
Tier 1 Risk-Based Capital Ratio351.76%Securities Gains (Losses)$90
Goodwill and Other IntangiblesN/ACost of Funding Earning Assets0.00%
Yield on Earning Assets4.33%Total Interest Income$2,090
Applicable Income Taxes$8,991Loss Allowance to Loans and Leases0.00%
Net Loans and Leases$0Loss Allowance to Noncurrent Loans and Leases0.00%
Noncurrent Loans to LoansN/ANet Income Attributable to Bank and Noncontrolling Interests$25,201
Net Interest Income$2,083Net Interest Margin4.32%
Net Operating Income to Assets39.98%Noninterest Income to Average Assets126.45%
Total Noninterest Income$79,480Noninterest Expense to Average Assets75.51%
Total Noninterest Expense$47,461Net Charge-Offs to Loans and LeasesN/A
All Other AssetsN/AOther Real Estate Owned$0
Other borrowed funds$0Pre-tax Net Operating Income$34,102
Pretax Return on Assets54.40%Return on Assets40.09%
Retained Earnings to Average Equity (YTD only)N/A

Insights into Financial Metrics

Enhance your understanding of SEI Private Trust Company‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $0k and Net Interest Income $2,083k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 351.7633 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: N/A to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $79,480k and evaluate operational efficiency using metrics like Efficiency Ratio: 58.19. This nuanced financial overview empowers a comprehensive analysis of SEI Private Trust Company‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of SEI Private Trust Company?

The asset size of SEI Private Trust Company is approximately $266,750k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of SEI Private Trust Company compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For SEI Private Trust Company, this ratio stands at
0.00%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for SEI Private Trust Company?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 351.7633.

What is the net interest margin of SEI Private Trust Company, and how has it trended over the past year?

The current net interest margin is 4.32. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on SEI Private Trust Company’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For SEI Private Trust Company, this stands at N/A.

Are there any recent regulatory changes that could impact SEI Private Trust Company’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting SEI Private Trust Company. For tailored insights, please consult our expert or access our detailed reports.

What is the history of SEI Private Trust Company?

SEI Private Trust Company was established on 01/02/2001. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is SEI Private Trust Company FDIC insured?

Yes, SEI Private Trust Company is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for SEI Private Trust Company in OK?

The routing number for SEI Private Trust Company in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is SEI Private Trust Company?

SEI Private Trust Company is a significant player in the financial sector with total assets valued at $266,750k and a network of 1 domestic offices.

Is SEI Private Trust Company a local bank?

SEI Private Trust Company is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about SEI Private Trust Company. Get more data about SEI Private Trust Company on Visbanking Report Portal.