FIRST SCOTTSDALE BANK, NATIONAL ASSOCIATION - Overview
General
FDIC Certificate #: 58744 Status: Active Federal Reserve ID: 3637096 Date Established: December 14, 2007 Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 465743 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 14, 2007 Last Structure Change Effective Date: April 25, 2011 Last Structure Change Process Date: July 14, 2011 Last Data Update: July 14, 2011 Data Source Date: April 05, 2012
Location
Address: 15190 North Hayden Road, Scottsdale, AZ 85260 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
Change in Location
Name Change
Financial Summary
Total assets: $68.7 mil Equity capital: $18.1 mil Deposits held in domestic offices: $50.4 mil Return on assets (ROA): -3.40% (-$2.3 mil) Quarterly return on assets: -4.89% (-$3.4 mil) Return on Equity (ROE): -11.06% (-$2.0 mil) Quarterly return on equity: -17.27% (-$3.1 mil) Net income: -$2.1 mil Quarterly Net income: -$0.8 mil Pretax return on assets: -3.40% (-$2,335.8 mil) Quarterly Pretax return on assets: -4.89% (-$3,359.5 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
16Total employees (full-time equivalent)
$68,701Total assets
$28,116Cash and due from depository institutions
$26,149Interest-bearing balances
$13,660Securities
$0Federal funds sold & reverse repurchase agreements
$25,719Net loans & leases
$361Loan loss allowance
$0Trading account assets
$125Bank premises and fixed assets
$0Other real estate owned
$22Goodwill and other intangibles
$68,701Life insurance assets
$1,059All other assets
$50,555Total liabilities and capital
$50,412Total liabilities
$32,597Total deposits
$50,412Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$143Subordinated debt
$18,146All other liabilities
$18,146Total equity capital
$18,146Total bank equity capital
$0Perpetual preferred stock
$3,250Common stock
$17,599Surplus
$-2,703Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$170Long-term assets (5+ years)
$65,528Average Assets, year-to-date
$3,939Average Assets, quarterly
$62,952Volatile liabilities
$65,526Insider loans
$35,625FHLB advances
$62,880Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$18,077Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,819Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$1,365Total interest income
$160Total interest expense
$1,205Net interest income
$283Provision for loan and lease losses
$20Total noninterest income
$0Fiduciary activities
$20Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$3,081Total noninterest expense
$1,519Salaries and employee benefits
$293Premises and equipment expense
$1,269Additional noninterest expense
-$2,139Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$2,139Income before extraordinary items
$0Extraordinary gains - net
-$2,139Net income attributable to bank
$0Net charge-offs
-$2,139Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.25%Yield on earning assets
0.26%Cost of funding earning assets
1.98%Net interest margin
0.03%Noninterest income to earning assets
5.07%Noninterest expense to earning assets
-3.40%Net operating income to assets
-3.40%Return on assets (ROA)
-3.40%Pretax return on assets
-11.06%Return on equity (ROE)
-11.06%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
234,449Assets per employee
4.29%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.38%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
51.02%Net loans and leases to core deposits
58.36%Equity capital to assets
26.41%Core capital (leverage) ratio
28.75%Tier 1 risk-based capital ratio
50.74%Total risk-based capital ratio
Memoranda
$52Average assets
$62,952Average earning assets
$19,332Average equity
$60,743Average loans
List of branches
1 Arizona Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
465743
First Scottsdale Bank, National Association
15190 North Hayden Road, Scottsdale, AZ 85260
December 14, 2007
Full Service Brick and Mortar
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