BANK'34 in Alamogordo, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • BANK'34 in Alamogordo, New Mexico (NM)
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BANK'34 - Overview

  • General
  • FDIC Certificate #: 29087
    Status: Active
    Federal Reserve ID: 955977
    Date Established: August 01, 1934
    WWW: http://www.bank34online.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 2 (Domestic: 2, Interstate: No)
    OTS Docket #: 2889
    FDIC's unique #: 41921
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 02, 1934
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 10th Street, Alamogordo, NM 88310
    County: Otero
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Albuquerque
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Core Based Statistical Area (CBSA): Alamogordo, NM (#10460)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $180.2 mil
    Equity capital: $25.9 mil
    Deposits held in domestic offices: $138.0 mil
    Return on assets (ROA): -1.09% (-$2.0 mil)
    Quarterly return on assets: -3.18% (-$5.7 mil)
    Return on Equity (ROE): -7.34% (-$1.9 mil)
    Quarterly return on equity: -21.59% (-$5.6 mil)
    Net income: -$2.0 mil
    Quarterly Net income: -$1.4 mil
    Pretax return on assets: -1.75% (-$3,153.8 mil)
    Quarterly Pretax return on assets: -5.08% (-$9,154.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 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, 2011)

  • Dollar figures in thousands
  • 57Total employees (full-time equivalent)
  • $180,215Total assets
  • $6,340Cash and due from depository institutions
  • $5,227Interest-bearing balances
  • $28,576Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,255Net loans & leases
  • $3,000Loan loss allowance
  • $0Trading account assets
  • $10,869Bank premises and fixed assets
  • $4,511Other real estate owned
  • $0Goodwill and other intangibles
  • $180,215Life insurance assets
  • $8,664All other assets
  • $154,305Total liabilities and capital
  • $137,977Total liabilities
  • $128,592Total deposits
  • $137,977Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,801Trading liabilities
  • $0Other borrowed funds
  • $527Subordinated debt
  • $25,910All other liabilities
  • $25,910Total equity capital
  • $25,910Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $2,587Surplus
  • $23,322Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,165Income earned, not collected on loans
  • $0Earning assets
  • $510Long-term assets (5+ years)
  • $155,058Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $183,929Volatile liabilities
  • $181,167Insider loans
  • $116,928FHLB advances
  • $180,092Loans and leases held for sale
  • $4,753Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $25,787Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,442Restructured Loans and leases
  • $3,402Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,833Total interest income
  • $2,432Total interest expense
  • $6,401Net interest income
  • $4,223Provision for loan and lease losses
  • $1,642Total noninterest income
  • $0Fiduciary activities
  • $49Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,593Additional noninterest income
  • $7,039Total noninterest expense
  • $4,142Salaries and employee benefits
  • $1,708Premises and equipment expense
  • $1,189Additional noninterest expense
  • -$3,219Pre-tax net operating income
  • $4Securities gains (losses)
  • -$1,219Applicable income taxes
  • -$1,996Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,996Net income attributable to bank
  • $0Net charge-offs
  • -$1,996Cash dividends
  • $1,743Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.52%Yield on earning assets
  • 1.52%Cost of funding earning assets
  • 4.00%Net interest margin
  • 1.03%Noninterest income to earning assets
  • 4.40%Noninterest expense to earning assets
  • -1.09%Net operating income to assets
  • -1.09%Return on assets (ROA)
  • -1.75%Pretax return on assets
  • -7.34%Return on equity (ROE)
  • -7.34%Retained earnings to average equity (YTD only)
  • 1.29%Net charge-offs to loans
  • 242.28%Credit loss provision to net charge-offs
  • 0.58%Efficiency ratio
  • 87,517Assets per employee
  • 3.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.41%Loss allowance to noncurrent loans
  • 72.03%Noncurrent assets plus other real estate owned to assets
  • 4.79%Noncurrent loans to loans
  • 3.35%Net loans and leases to deposits
  • 87.88%Net loans and leases to core deposits
  • 92.60%Equity capital to assets
  • 14.38%Core capital (leverage) ratio
  • 14.32%Tier 1 risk-based capital ratio
  • 22.05%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $183,929Average earning assets
  • $27,203Average equity
  • $160,137Average loans

List of branches

  • 2 New Mexico Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    041921Bank'34500 10th Street, Alamogordo, NM 88310August 01, 1934Full Service Brick and Mortar
    1491976Las Cruces Branch220 N. Telshor Blvd., Las Cruces, NM 88011January 08, 2008Full Service Brick and Mortar

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