FDIC Certificate #: 18775 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Compass Bank (#19048) Federal Reserve ID: 585150 Date Established: May 13, 1963 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 44 (Interstate: No) OTS Docket #: 10404 FDIC's unique #: 12637 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: May 13, 1963 Last Structure Change Effective Date: August 26, 1999 Last Structure Change Process Date: November 08, 1999 Last Data Update: November 08, 1999 Data Source Date: April 05, 2012
Location
Address: 120 North Stone Street, Tucson, AZ 85702 County: Pima Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Atlanta FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Tucson, AZ (#8520) Core Based Statistical Area (CBSA): Tucson, AZ (#46060) CBSA Metro Statistical Area: Tucson, AZ (#46060)
Financial Summary
Total assets: $1,327.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
361Total employees (full-time equivalent)
$803,414Total assets
$31,675Cash and due from depository institutions
$9Interest-bearing balances
$163,424Securities
$22,000Federal funds sold & reverse repurchase agreements
$549,709Net loans & leases
$9,916Loan loss allowance
$0Trading account assets
$18,459Bank premises and fixed assets
$0Other real estate owned
$30Goodwill and other intangibles
$0Life insurance assets
$18,117All other assets
$803,414Total liabilities and capital
$752,979Total liabilities
$682,560Total deposits
$641,714Interest-bearing deposits
$682,560Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$53,160Other borrowed funds
$10,000Subordinated debt
$7,259All other liabilities
$50,435Total equity capital
$50,435Total bank equity capital
$50,435Perpetual preferred stock
$0Common stock
$0Surplus
$37,978Undivided profits
Memoranda
$12,457Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$733Earning assets
$0Long-term assets (5+ years)
$7,980Average Assets, year-to-date
$735,142Average Assets, quarterly
$178,757Volatile liabilities
$769,402Insider loans
$804,016FHLB advances
$31,271Loans and leases held for sale
$196Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$563Total risk weighted assets
$55,895Total unused commitments
$0Restructured Loans and leases
$617,134Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$63,293Total interest income
$26,033Total interest expense
$37,260Net interest income
$7,175Provision for loan and lease losses
$4,340Total noninterest income
$0Fiduciary activities
$2,557Service charges on deposit accounts
$132Trading account gains & fees
$1,651Additional noninterest income
$37,096Total noninterest expense
$16,503Salaries and employee benefits
$4,509Premises and equipment expense
$16,084Additional noninterest expense
-$2,671Pre-tax net operating income
$306Securities gains (losses)
$336Applicable income taxes
-$2,701Income before extraordinary items
$0Extraordinary gains - net
-$2,701Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$4,974Sale, conversion, retirement of capital stock, net
$2,996Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.01%Yield on earning assets
3.71%Cost of funding earning assets
5.31%Net interest margin
0.62%Noninterest income to earning assets
5.28%Noninterest expense to earning assets
-0.39%Net operating income to assets
-0.35%Return on assets (ROA)
-0.31%Pretax return on assets
-4.99%Return on equity (ROE)
-10.53%Retained earnings to average equity (YTD only)
0.88%Net charge-offs to loans
144.25%Credit loss provision to net charge-offs
0.91%Efficiency ratio
89,163Assets per employee
2.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
-110.92%Loss allowance to loans
1.77%Loss allowance to noncurrent loans
1352.80%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.13%Net loans and leases to deposits
80.54%Net loans and leases to core deposits
84.38%Equity capital to assets
6.28%Core capital (leverage) ratio
6.19%Tier 1 risk-based capital ratio
8.10%Total risk-based capital ratio
Memoranda
$11Average assets
$769,402Average earning assets
$54,091Average equity
$702,089Average loans
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