Bank of Scottsdale in Scottsdale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 10, 1995

  • Bank of Scottsdale in Scottsdale, Arizona (AZ)
  • Show street view No street view available for this location

Bank of Scottsdale - Overview

  • General
  • FDIC Certificate #: 22730
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Norwest Bank Arizona, National Association (#25286)
    Federal Reserve ID: 590462
    Date Established: October 16, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 11732
    FDIC's unique #: 15867
    Numeric code: 21
    Regulator: FDIC
    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: October 16, 1978
    Last Structure Change Effective Date: March 10, 1995
    Last Structure Change Process Date: March 22, 1995
    Last Data Update: March 22, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 4167 North Scottsdale Road, Scottsdale, AZ 85252
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Phoenix-Mesa, AZ (#6200)
    Core Based Statistical Area (CBSA): Phoenix-Mesa-Glendale, AZ (#38060)
    CBSA Metro Statistical Area: Phoenix-Mesa-Glendale, AZ (#38060)
  • Financial Summary
  • Total assets: $92.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $46Total assets
  • $92,519Cash and due from depository institutions
  • $4,297Interest-bearing balances
  • $0Securities
  • $48,224Federal funds sold & reverse repurchase agreements
  • $5,857Net loans & leases
  • $21,287Loan loss allowance
  • $862Trading account assets
  • $0Bank premises and fixed assets
  • $3,830Other real estate owned
  • $0Goodwill and other intangibles
  • $2,241Life insurance assets
  • $6,783All other assets
  • $0Total liabilities and capital
  • $92,519Total liabilities
  • $79,653Total deposits
  • $78,511Interest-bearing deposits
  • $58,966Deposits held in domestic offices
  • 78511.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,142Total equity capital
  • $1,142Total bank equity capital
  • $12,866Perpetual preferred stock
  • $0Common stock
  • $100Surplus
  • $13,590Undivided profits
  • Memoranda
  • $-824Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $111Income earned, not collected on loans
  • $112Earning assets
  • $75,368Long-term assets (5+ years)
  • $2,978Average Assets, year-to-date
  • $88,316Average Assets, quarterly
  • $90,326Volatile liabilities
  • $3,321Insider loans
  • $59FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $5,454Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,456Total risk weighted assets
  • $36,163Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,144Total interest expense
  • $311Net interest income
  • $833Provision for loan and lease losses
  • $5Total noninterest income
  • $125Fiduciary activities
  • $0Service charges on deposit accounts
  • $65Trading account gains & fees
  • $0Additional noninterest income
  • $60Total noninterest expense
  • $1,663Salaries and employee benefits
  • $564Premises and equipment expense
  • $98Additional noninterest expense
  • $1,001Pre-tax net operating income
  • -$710Securities gains (losses)
  • $0Applicable income taxes
  • -$259Income before extraordinary items
  • -$451Extraordinary gains - net
  • $0Net income attributable to bank
  • -$451Net charge-offs
  • $68Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.49%Cost of funding earning assets
  • 0.40%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 0.16%Noninterest expense to earning assets
  • 2.16%Net operating income to assets
  • -0.51%Return on assets (ROA)
  • -0.51%Pretax return on assets
  • -0.80%Return on equity (ROE)
  • -5.14%Retained earnings to average equity (YTD only)
  • -5.14%Net charge-offs to loans
  • 0.30%Credit loss provision to net charge-offs
  • 7.35%Efficiency ratio
  • 165,658Assets per employee
  • 2.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.89%Loss allowance to noncurrent loans
  • 776.58%Noncurrent assets plus other real estate owned to assets
  • 0.12%Noncurrent loans to loans
  • 0.50%Net loans and leases to deposits
  • 27.11%Net loans and leases to core deposits
  • 28.31%Equity capital to assets
  • 13.91%Core capital (leverage) ratio
  • 7.50%Tier 1 risk-based capital ratio
  • 17.85%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $88,316Average earning assets
  • $8,767Average equity
  • $76,828Average loans

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