First Bank of Arizona, National Association in Scottsdale, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2001

  • First Bank of Arizona, National Association in Scottsdale, Arizona (AZ)
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First Bank of Arizona, National Association - Overview

  • General
  • FDIC Certificate #: 35222
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: First National Bank of Arizona (#27508)
    Federal Reserve ID: 2788807
    Date Established: September 10, 1999
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 76777
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 10, 1999
    Last Structure Change Effective Date: June 01, 2001
    Last Structure Change Process Date: June 20, 2001
    Last Data Update: June 20, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 7150 East Camelback Road, Suite 285, Scottsdale, AZ 85251
    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: $173.6 mil

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2000)

  • Dollar figures in thousands
  • 217Total employees (full-time equivalent)
  • $177,403Total assets
  • $4,810Cash and due from depository institutions
  • $0Interest-bearing balances
  • $287Securities
  • $63,710Federal funds sold & reverse repurchase agreements
  • $104,250Net loans & leases
  • $513Loan loss allowance
  • $0Trading account assets
  • $2,398Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,948All other assets
  • $177,403Total liabilities and capital
  • $167,622Total liabilities
  • $158,679Total deposits
  • $140,301Interest-bearing deposits
  • $158,679Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,841Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $13Other borrowed funds
  • $0Subordinated debt
  • $3,089All other liabilities
  • $9,781Total equity capital
  • $9,781Total bank equity capital
  • $9,781Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $8,100Undivided profits
  • Memoranda
  • $-1,319Noncurrent loans and leases
  • $18,663Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $192Earning assets
  • $0Long-term assets (5+ years)
  • $379Average Assets, year-to-date
  • $168,247Average Assets, quarterly
  • $40,107Volatile liabilities
  • $110,613Insider loans
  • $154,558FHLB advances
  • $79,153Loans and leases held for sale
  • $14Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $41,347Total risk weighted assets
  • $18,663Total unused commitments
  • $0Restructured Loans and leases
  • $513Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $10,449Total interest income
  • $5,899Total interest expense
  • $4,550Net interest income
  • $380Provision for loan and lease losses
  • $10,845Total noninterest income
  • $0Fiduciary activities
  • $99Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,746Additional noninterest income
  • $15,219Total noninterest expense
  • $9,503Salaries and employee benefits
  • $1,763Premises and equipment expense
  • $3,953Additional noninterest expense
  • -$204Pre-tax net operating income
  • $0Securities gains (losses)
  • -$59Applicable income taxes
  • -$145Income before extraordinary items
  • $0Extraordinary gains - net
  • -$145Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $246Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.98%Yield on earning assets
  • 5.63%Cost of funding earning assets
  • 4.35%Net interest margin
  • 10.36%Noninterest income to earning assets
  • 14.53%Noninterest expense to earning assets
  • -0.13%Net operating income to assets
  • -0.13%Return on assets (ROA)
  • -0.18%Pretax return on assets
  • -1.63%Return on equity (ROE)
  • -1.63%Retained earnings to average equity (YTD only)
  • 0.29%Net charge-offs to loans
  • 153.85%Credit loss provision to net charge-offs
  • 0.72%Efficiency ratio
  • 98,857Assets per employee
  • 0.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.49%Loss allowance to noncurrent loans
  • 267.19%Noncurrent assets plus other real estate owned to assets
  • 0.11%Noncurrent loans to loans
  • 0.18%Net loans and leases to deposits
  • 65.70%Net loans and leases to core deposits
  • 122.10%Equity capital to assets
  • 5.51%Core capital (leverage) ratio
  • 6.19%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $110,613Average earning assets
  • $8,895Average equity
  • $104,712Average loans

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