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

This bank is inactive as of June 30, 2008

  • First National Bank of Arizona in Scottsdale, Arizona (AZ)
  • Show street view No street view available for this location

First National Bank of Arizona - Overview

  • General
  • FDIC Certificate #: 27508
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First National Bank of Nevada (#27011)
    Federal Reserve ID: 1397190
    Date Established: May 17, 1989
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 28 (Interstate: No)
    FDIC's unique #: 40241
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: May 17, 1989
    Last Structure Change Effective Date: June 30, 2008
    Last Structure Change Process Date: July 07, 2008
    Last Data Update: July 07, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 17600 North Perimeter Drive, 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)
  • Financial Summary
  • Total assets: $2,836.1 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, 2007)

  • Dollar figures in thousands
  • 975Total employees (full-time equivalent)
  • $3,123,415Total assets
  • $90,834Cash and due from depository institutions
  • $327Interest-bearing balances
  • $12,605Securities
  • $855Federal funds sold & reverse repurchase agreements
  • $2,824,731Net loans & leases
  • $50,855Loan loss allowance
  • $0Trading account assets
  • $13,580Bank premises and fixed assets
  • $14,576Other real estate owned
  • $8,916Goodwill and other intangibles
  • $6,379Life insurance assets
  • $157,318All other assets
  • $3,123,415Total liabilities and capital
  • $2,877,413Total liabilities
  • $1,909,204Total deposits
  • $1,731,501Interest-bearing deposits
  • $1,909,204Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $605,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $298,559Other borrowed funds
  • $0Subordinated debt
  • $64,650All other liabilities
  • $246,002Total equity capital
  • $246,002Total bank equity capital
  • $246,002Perpetual preferred stock
  • $0Common stock
  • $76,418Surplus
  • $165,039Undivided profits
  • Memoranda
  • $4,545Noncurrent loans and leases
  • $753,271Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $120,363Earning assets
  • $1,748Long-term assets (5+ years)
  • $15,893Average Assets, year-to-date
  • $2,838,518Average Assets, quarterly
  • $378,424Volatile liabilities
  • $2,914,908Insider loans
  • $3,031,907FHLB advances
  • $1,135,784Loans and leases held for sale
  • $3,051Unused loan commitments
  • $298,559Tier 1 (core) risk-based capital
  • $669,959Tier 2 risk-based capital
  • $80,025Total risk weighted assets
  • $753,271Total unused commitments
  • $0Restructured Loans and leases
  • $38,376Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $233,547Total interest income
  • $92,174Total interest expense
  • $141,373Net interest income
  • $87,997Provision for loan and lease losses
  • $3,918Total noninterest income
  • $4,508Fiduciary activities
  • $2,349Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$2,939Additional noninterest income
  • $203,226Total noninterest expense
  • $82,870Salaries and employee benefits
  • $25,497Premises and equipment expense
  • $94,859Additional noninterest expense
  • -$145,932Pre-tax net operating income
  • $2,785Securities gains (losses)
  • -$54,741Applicable income taxes
  • -$88,406Income before extraordinary items
  • $0Extraordinary gains - net
  • -$88,406Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $56,849Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.81%Yield on earning assets
  • 3.48%Cost of funding earning assets
  • 5.34%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 7.67%Noninterest expense to earning assets
  • -3.09%Net operating income to assets
  • -3.03%Return on assets (ROA)
  • -4.91%Pretax return on assets
  • -38.63%Return on equity (ROE)
  • -38.63%Retained earnings to average equity (YTD only)
  • 2.13%Net charge-offs to loans
  • 154.79%Credit loss provision to net charge-offs
  • -1.02%Efficiency ratio
  • 139,397Assets per employee
  • 3.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 42.25%Noncurrent assets plus other real estate owned to assets
  • 4.32%Noncurrent loans to loans
  • 4.19%Net loans and leases to deposits
  • 147.95%Net loans and leases to core deposits
  • 168.50%Equity capital to assets
  • 7.88%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 7.80%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $2,914,908Average earning assets
  • $228,875Average equity
  • $2,649,553Average loans

Total Fiduciary and Related Assets (December 31, 2007)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $510,100Managed Assets
  • 1Number of Accounts
  • $499,991Personal trust and agency accounts
  • $263,253Employee benefit-defined contribution accounts
  • $5,573Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $42,738Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $188,427Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 572Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $10,109Other retirement accounts
  • $462Corporate trust and agency accounts
  • $201Other fiduciary accounts
  • $9,446Fiduciary accounts held in foreign offices

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 First National Bank of Arizona.
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.
Table of Contents