FDIC Certificate #: 35188 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mesa Bank (#34911) Federal Reserve ID: 2782337 Date Established: June 30, 1999 WWW:http://www.eastvalleybank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 75661 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 30, 1999 Last Structure Change Effective Date: January 13, 2007 Last Structure Change Process Date: Febuary 20, 2007 Last Data Update: Febuary 20, 2007 Data Source Date: April 05, 2012
Location
Address: 1940 North Alma School Road, Chandler, AZ 85224 County: Maricopa Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Chicago 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: $36.0 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2006)
Dollar figures in thousands
7Total employees (full-time equivalent)
$35,954Total assets
$2,506Cash and due from depository institutions
$141Interest-bearing balances
$48Securities
$0Federal funds sold & reverse repurchase agreements
$31,562Net loans & leases
$321Loan loss allowance
$0Trading account assets
$177Bank premises and fixed assets
$252Other real estate owned
$667Goodwill and other intangibles
$0Life insurance assets
$742All other assets
$35,954Total liabilities and capital
$30,337Total liabilities
$25,975Total deposits
$18,728Interest-bearing deposits
$25,975Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,250Other borrowed funds
$0Subordinated debt
$112All other liabilities
$5,617Total equity capital
$5,617Total bank equity capital
$5,617Perpetual preferred stock
$0Common stock
$1,500Surplus
$4,872Undivided profits
Memoranda
$-755Noncurrent loans and leases
$3,957Noncurrent 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)
$143Average Assets, year-to-date
$31,751Average Assets, quarterly
$7,437Volatile liabilities
$40,968Insider loans
$38,167FHLB advances
$13,925Loans and leases held for sale
$0Unused loan commitments
$4,250Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,957Total unused commitments
$0Restructured Loans and leases
$321Derivatives
Income and Expense (December 31, 2006)
Dollar figures in thousands
$2,934Total interest income
$1,071Total interest expense
$1,863Net interest income
-$176Provision for loan and lease losses
$268Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$225Additional noninterest income
$1,521Total noninterest expense
$524Salaries and employee benefits
$262Premises and equipment expense
$735Additional noninterest expense
$786Pre-tax net operating income
$0Securities gains (losses)
$272Applicable income taxes
$514Income before extraordinary items
$0Extraordinary gains - net
$514Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2006)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.98%Yield on earning assets
2.91%Cost of funding earning assets
5.07%Net interest margin
0.73%Noninterest income to earning assets
4.14%Noninterest expense to earning assets
1.25%Net operating income to assets
1.25%Return on assets (ROA)
1.92%Pretax return on assets
9.53%Return on equity (ROE)
9.53%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,375Assets per employee
5.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.01%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.70%Noncurrent loans to loans
0.00%Net loans and leases to deposits
121.51%Net loans and leases to core deposits
193.63%Equity capital to assets
15.62%Core capital (leverage) ratio
13.29%Tier 1 risk-based capital ratio
14.49%Total risk-based capital ratio
Memoranda
$15Average assets
$40,968Average earning assets
$5,393Average equity
$36,767Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with East Valley Community Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: