FDIC Certificate #: 16681 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens Bank (#3140) Federal Reserve ID: 505756 Date Established: March 15, 1948 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 10809 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: March 15, 1948 Last Structure Change Effective Date: August 25, 2004 Last Structure Change Process Date: October 25, 2004 Last Data Update: October 25, 2004 Data Source Date: April 05, 2012
Location
Address: 211 East Main Street, Tucumcari, NM 88401 County: Quay 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
Financial Summary
Total assets: $54.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
12Total employees (full-time equivalent)
$53,687Total assets
$7,048Cash and due from depository institutions
$4,817Interest-bearing balances
$4,021Securities
$11,200Federal funds sold & reverse repurchase agreements
$30,500Net loans & leases
$219Loan loss allowance
$0Trading account assets
$157Bank premises and fixed assets
$50Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$711All other assets
$53,687Total liabilities and capital
$47,021Total liabilities
$46,947Total deposits
$38,484Interest-bearing deposits
$46,947Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$31Other borrowed funds
$0Subordinated debt
$43All other liabilities
$6,666Total equity capital
$6,666Total bank equity capital
$6,666Perpetual preferred stock
$0Common stock
$1,000Surplus
$2,750Undivided profits
Memoranda
$2,916Noncurrent loans and leases
$13,175Noncurrent 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)
$605Average Assets, year-to-date
$50,538Average Assets, quarterly
$65Volatile liabilities
$53,120Insider loans
$54,222FHLB advances
$3,966Loans and leases held for sale
$470Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,175Total unused commitments
$0Restructured Loans and leases
$219Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$2,317Total interest income
$613Total interest expense
$1,704Net interest income
-$40Provision for loan and lease losses
$143Total noninterest income
$0Fiduciary activities
$108Service charges on deposit accounts
$0Trading account gains & fees
$35Additional noninterest income
$1,327Total noninterest expense
$1,005Salaries and employee benefits
$99Premises and equipment expense
$223Additional noninterest expense
$560Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$560Income before extraordinary items
$0Extraordinary gains - net
$560Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$73Sale, conversion, retirement of capital stock, net
$300Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.63%Yield on earning assets
1.23%Cost of funding earning assets
3.41%Net interest margin
0.29%Noninterest income to earning assets
2.65%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.05%Pretax return on assets
8.42%Return on equity (ROE)
3.91%Retained earnings to average equity (YTD only)
-0.25%Net charge-offs to loans
54.79%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,846Assets per employee
4.47%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.57%Loss allowance to loans
0.71%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.09%Noncurrent loans to loans
0.00%Net loans and leases to deposits
64.97%Net loans and leases to core deposits
70.91%Equity capital to assets
12.42%Core capital (leverage) ratio
12.12%Tier 1 risk-based capital ratio
19.29%Total risk-based capital ratio
Memoranda
$20Average assets
$53,120Average earning assets
$6,651Average equity
$50,000Average loans
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