FDIC Certificate #: 34554 Status: Active Federal Reserve ID: 2624651 Bank Holding Company (Regulatory Top Holder): Bank 1st Financial Corporation (RSSDID: 3305519, Location: Albuquerque, NM) Date Established: November 03, 1997 WWW:http://www.bank1stalbuquerque.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 59061 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: November 03, 1997 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 2900 Louisiana, N.E., South Building, Albuquerque, NM 87110 County: Bernalillo 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 Metropolitan Statistical Area (MSA): Albuquerque, NM (#200) Core Based Statistical Area (CBSA): Albuquerque, NM (#10740) CBSA Metro Statistical Area: Albuquerque, NM (#10740)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $71.8 mil Equity capital: $3.5 mil Deposits held in domestic offices: $68.1 mil Return on assets (ROA): -0.31% (-$0.2 mil) Quarterly return on assets: -1.01% (-$0.7 mil) Return on Equity (ROE): -6.14% (-$0.2 mil) Quarterly return on equity: -19.78% (-$0.8 mil) Net income: -$0.2 mil Quarterly Net income: -$0.2 mil Pretax return on assets: -0.39% (-$280.1 mil) Quarterly Pretax return on assets: -1.01% (-$725.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
14Total employees (full-time equivalent)
$71,824Total assets
$9,667Cash and due from depository institutions
$9,054Interest-bearing balances
$25,583Securities
$0Federal funds sold & reverse repurchase agreements
$32,881Net loans & leases
$1,254Loan loss allowance
$0Trading account assets
$28Bank premises and fixed assets
$3,015Other real estate owned
$0Goodwill and other intangibles
$71,824Life insurance assets
$650All other assets
$68,316Total liabilities and capital
$68,124Total liabilities
$64,062Total deposits
$68,124Interest-bearing deposits
$99Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$192Subordinated debt
$3,508All other liabilities
$3,508Total equity capital
$3,508Total bank equity capital
$0Perpetual preferred stock
$4,738Common stock
$2,903Surplus
$-4,133Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$288Income earned, not collected on loans
$0Earning assets
$232Long-term assets (5+ years)
$67,518Average Assets, year-to-date
$25,847Average Assets, quarterly
$71,387Volatile liabilities
$70,679Insider loans
$40,968FHLB advances
$69,715Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,569Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$511Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,954Total interest income
$692Total interest expense
$2,262Net interest income
$48Provision for loan and lease losses
$143Total noninterest income
$0Fiduciary activities
$29Service charges on deposit accounts
$0Trading account gains & fees
$114Additional noninterest income
$2,723Total noninterest expense
$911Salaries and employee benefits
$191Premises and equipment expense
$1,621Additional noninterest expense
-$366Pre-tax net operating income
$86Securities gains (losses)
-$57Applicable income taxes
-$223Income before extraordinary items
$0Extraordinary gains - net
-$223Net income attributable to bank
$0Net charge-offs
-$223Cash dividends
$352Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.43%Yield on earning assets
1.04%Cost of funding earning assets
3.39%Net interest margin
0.21%Noninterest income to earning assets
4.08%Noninterest expense to earning assets
-0.41%Net operating income to assets
-0.31%Return on assets (ROA)
-0.39%Pretax return on assets
-6.14%Return on equity (ROE)
-6.14%Retained earnings to average equity (YTD only)
0.90%Net charge-offs to loans
13.64%Credit loss provision to net charge-offs
-0.90%Efficiency ratio
113,222Assets per employee
5.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.67%Loss allowance to noncurrent loans
435.42%Noncurrent assets plus other real estate owned to assets
4.60%Noncurrent loans to loans
0.84%Net loans and leases to deposits
48.27%Net loans and leases to core deposits
49.43%Equity capital to assets
4.88%Core capital (leverage) ratio
5.12%Tier 1 risk-based capital ratio
8.71%Total risk-based capital ratio
Memoranda
$10Average assets
$71,387Average earning assets
$3,630Average equity
$66,698Average loans
List of branches
1 New Mexico Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
59061
Bank 1st
2900 Louisiana, N.E., South Building, Albuquerque, NM 87110
November 03, 1997
Full Service Brick and Mortar
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