FDIC Certificate #: 34066 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First International Bank & Trust (#10248) Federal Reserve ID: 2343493 Date Established: September 22, 1995 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 56203 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: September 22, 1995 Last Structure Change Effective Date: November 10, 2000 Last Structure Change Process Date: Febuary 01, 2001 Last Data Update: Febuary 01, 2001 Data Source Date: April 05, 2012
Location
Address: 6840 East Indian School Road, Scottsdale, AZ 85251 County: Maricopa Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Kansas City 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: $80.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
17Total employees (full-time equivalent)
$59,974Total assets
$2,994Cash and due from depository institutions
$298Interest-bearing balances
$16,606Securities
$2,985Federal funds sold & reverse repurchase agreements
$34,509Net loans & leases
$464Loan loss allowance
$0Trading account assets
$637Bank premises and fixed assets
$140Other real estate owned
$1,187Goodwill and other intangibles
$0Life insurance assets
$916All other assets
$59,974Total liabilities and capital
$52,674Total liabilities
$52,179Total deposits
$41,752Interest-bearing deposits
$52,179Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$495All other liabilities
$7,300Total equity capital
$7,300Total bank equity capital
$7,300Perpetual preferred stock
$0Common stock
$200Surplus
$6,543Undivided profits
Memoranda
$557Noncurrent loans and leases
$8,761Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5Earning assets
$0Long-term assets (5+ years)
$230Average Assets, year-to-date
$54,398Average Assets, quarterly
$8,705Volatile liabilities
$56,704Insider loans
$58,836FHLB advances
$4,682Loans and leases held for sale
$3Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,761Total unused commitments
$0Restructured Loans and leases
$464Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$4,420Total interest income
$1,895Total interest expense
$2,525Net interest income
$216Provision for loan and lease losses
$164Total noninterest income
$0Fiduciary activities
$123Service charges on deposit accounts
$0Trading account gains & fees
$41Additional noninterest income
$1,647Total noninterest expense
$735Salaries and employee benefits
$243Premises and equipment expense
$669Additional noninterest expense
$826Pre-tax net operating income
$0Securities gains (losses)
$272Applicable income taxes
$554Income before extraordinary items
-$6Extraordinary gains - net
$548Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$49Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.56%Yield on earning assets
3.67%Cost of funding earning assets
4.89%Net interest margin
0.32%Noninterest income to earning assets
3.19%Noninterest expense to earning assets
0.98%Net operating income to assets
0.97%Return on assets (ROA)
1.45%Pretax return on assets
7.67%Return on equity (ROE)
7.67%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
440.82%Credit loss provision to net charge-offs
21.27%Efficiency ratio
56,713Assets per employee
3.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
9280.00%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.01%Net loans and leases to deposits
66.14%Net loans and leases to core deposits
72.66%Equity capital to assets
12.17%Core capital (leverage) ratio
10.98%Tier 1 risk-based capital ratio
15.96%Total risk-based capital ratio
Memoranda
$17Average assets
$56,704Average earning assets
$7,148Average equity
$51,662Average loans
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