FDIC Certificate #: 34952 Status: Inactive Closing history: Change in Location Acquiring institution:Arizona Bank & Trust (#57620) Federal Reserve ID: 2824657 Date Established: June 28, 1999 WWW:http://www.banksouthwest.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 62126 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: June 28, 1999 Last Structure Change Effective Date: May 15, 2006 Last Structure Change Process Date: May 31, 2006 Last Data Update: May 31, 2006 Data Source Date: April 05, 2012
Location
Address: 2730 E. Camelback Road, Suite 105, Phoenix, AZ 85016 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)
History of Changes
Merger - Without Assistance
Change in Location
Financial Summary
Total assets: $63.7 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
19Total employees (full-time equivalent)
$71,393Total assets
$2,252Cash and due from depository institutions
$107Interest-bearing balances
$8,080Securities
$3,857Federal funds sold & reverse repurchase agreements
$55,569Net loans & leases
$748Loan loss allowance
$0Trading account assets
$548Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,087All other assets
$71,393Total liabilities and capital
$59,309Total liabilities
$59,153Total deposits
$37,988Interest-bearing deposits
$59,153Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$156All other liabilities
$12,084Total equity capital
$12,084Total bank equity capital
$12,084Perpetual preferred stock
$0Common stock
$14,941Surplus
$0Undivided profits
Memoranda
$-2,857Noncurrent loans and leases
$15,528Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$321Average Assets, year-to-date
$67,613Average Assets, quarterly
$8,068Volatile liabilities
$76,603Insider loans
$73,079FHLB advances
$6,997Loans and leases held for sale
$3,814Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,528Total unused commitments
$0Restructured Loans and leases
$763Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$4,491Total interest income
$967Total interest expense
$3,524Net interest income
-$180Provision for loan and lease losses
$114Total noninterest income
$0Fiduciary activities
$39Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$2,794Total noninterest expense
$1,310Salaries and employee benefits
$538Premises and equipment expense
$946Additional noninterest expense
$1,024Pre-tax net operating income
-$27Securities gains (losses)
-$300Applicable income taxes
$1,297Income before extraordinary items
$0Extraordinary gains - net
$1,297Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$43Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.18%Yield on earning assets
1.33%Cost of funding earning assets
4.85%Net interest margin
0.16%Noninterest income to earning assets
3.85%Noninterest expense to earning assets
1.73%Net operating income to assets
1.69%Return on assets (ROA)
1.30%Pretax return on assets
11.89%Return on equity (ROE)
11.89%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
-418.60%Credit loss provision to net charge-offs
19.63%Efficiency ratio
76,800Assets per employee
3.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
93.94%Net loans and leases to core deposits
106.54%Equity capital to assets
16.93%Core capital (leverage) ratio
16.47%Tier 1 risk-based capital ratio
18.33%Total risk-based capital ratio
Memoranda
$19Average assets
$76,603Average earning assets
$10,904Average equity
$72,615Average loans
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