Charter Bank in Santa Fe, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 22, 2010

  • Charter Bank in Santa Fe, New Mexico (NM)
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Charter Bank - Overview

  • General
  • FDIC Certificate #: 32498
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Charter Bank (#59030)
    Federal Reserve ID: 989570
    Date Established: September 11, 1986
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8337
    FDIC's unique #: 45332
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: September 11, 1986
    Last Structure Change Effective Date: January 22, 2010
    Last Structure Change Process Date: January 25, 2010
    Last Data Update: January 25, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 809 Saint Michaels Drive, Santa Fe, NM 87505
    County: Santa Fe
    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): Santa Fe, NM (#7490)
    Combined Statistical Area (CSA): Santa Fe-Espanola, NM (#492)
    Core Based Statistical Area (CBSA): Santa Fe, NM (#42140)
    CBSA Metro Statistical Area: Santa Fe, NM (#42140)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $1,201.9 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, 2009)

  • Dollar figures in thousands
  • 248Total employees (full-time equivalent)
  • $1,201,922Total assets
  • $313,567Cash and due from depository institutions
  • $303,145Interest-bearing balances
  • $76,920Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $711,843Net loans & leases
  • $55,845Loan loss allowance
  • $0Trading account assets
  • $9,303Bank premises and fixed assets
  • $25,222Other real estate owned
  • $30,014Goodwill and other intangibles
  • $0Life insurance assets
  • $35,053All other assets
  • $1,201,922Total liabilities and capital
  • $1,229,731Total liabilities
  • $859,933Total deposits
  • $777,510Interest-bearing deposits
  • $859,933Deposits held in domestic offices
  • 92.01%% insured (estimated)
  • $2,106Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $348,530Other borrowed funds
  • $0Subordinated debt
  • $19,162All other liabilities
  • $-27,809Total equity capital
  • $-27,809Total bank equity capital
  • $-27,809Perpetual preferred stock
  • $0Common stock
  • $127Surplus
  • $1,030Undivided profits
  • Memoranda
  • $-28,966Noncurrent loans and leases
  • $97,305Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $89,099Earning assets
  • $9,785Long-term assets (5+ years)
  • $4,040Average Assets, year-to-date
  • $1,091,908Average Assets, quarterly
  • $0Volatile liabilities
  • $1,308,475Insider loans
  • $1,226,901FHLB advances
  • $762,391Loans and leases held for sale
  • $1,517Unused loan commitments
  • $348,530Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $97,305Total unused commitments
  • $9,003Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $66,001Total interest income
  • $37,382Total interest expense
  • $28,619Net interest income
  • $82,135Provision for loan and lease losses
  • $15,950Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • -$3,524Trading account gains & fees
  • $19,474Additional noninterest income
  • $36,983Total noninterest expense
  • $18,696Salaries and employee benefits
  • $4,438Premises and equipment expense
  • $13,849Additional noninterest expense
  • -$74,549Pre-tax net operating income
  • -$23,938Securities gains (losses)
  • $13,037Applicable income taxes
  • -$111,524Income before extraordinary items
  • $0Extraordinary gains - net
  • -$111,524Net income attributable to bank
  • $0Net charge-offs
  • -$111,524Cash dividends
  • $36,528Sale, conversion, retirement of capital stock, net
  • $750Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.55%Yield on earning assets
  • 3.14%Cost of funding earning assets
  • 2.41%Net interest margin
  • 1.34%Noninterest income to earning assets
  • 3.11%Noninterest expense to earning assets
  • -6.69%Net operating income to assets
  • -8.52%Return on assets (ROA)
  • -7.53%Pretax return on assets
  • -213.71%Return on equity (ROE)
  • -215.15%Retained earnings to average equity (YTD only)
  • 3.87%Net charge-offs to loans
  • 224.85%Credit loss provision to net charge-offs
  • 0.21%Efficiency ratio
  • 81,422Assets per employee
  • 4.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -0.67%Loss allowance to loans
  • 7.27%Loss allowance to noncurrent loans
  • 62.68%Noncurrent assets plus other real estate owned to assets
  • 9.51%Noncurrent loans to loans
  • 11.61%Net loans and leases to deposits
  • 82.78%Net loans and leases to core deposits
  • 158.83%Equity capital to assets
  • -2.31%Core capital (leverage) ratio
  • -4.87%Tier 1 risk-based capital ratio
  • -8.15%Total risk-based capital ratio
  • Memoranda
  • -$8Average assets
  • $1,308,475Average earning assets
  • $52,184Average equity
  • $1,189,489Average loans

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