First Professional Bank in city_name, state_name - Detailed Financial Reports, Location

First Professional Bank in Salt Lake City, Utah (UT)
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First Professional Bank - Overview

General
FDIC Certificate #: 21884
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank Northwest, National Association (#13718)
Federal Reserve ID: 590079
Date Established: January 02, 1975
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 1 (Interstate: No)
FDIC's unique #: 15163
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: January 02, 1975
Last Structure Change Effective Date: November 30, 1993
Last Structure Change Process Date: December 14, 1993
Last Data Update: December 14, 1993
Data Source Date: April 05, 2012
Location
Address: 285 West North Temple, Salt Lake City, UT 84101
County: Salt Lake
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160)
Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
Financial Summary
Total assets: $7.0 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$14Total assets
$7,865Cash and due from depository institutions
$1,659Interest-bearing balances
$892Securities
$0Federal funds sold & reverse repurchase agreements
$1,700Net loans & leases
$4,344Loan loss allowance
$156Trading account assets
$0Bank premises and fixed assets
$110Other real estate owned
$0Goodwill and other intangibles
$52Life insurance assets
$0All other assets
$0Total liabilities and capital
$7,865Total liabilities
$7,219Total deposits
$7,177Interest-bearing deposits
$5,766Deposits held in domestic offices
7177.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$42Total equity capital
$42Total bank equity capital
$646Perpetual preferred stock
$0Common stock
$810Surplus
$1,359Undivided profits
Memoranda
$-1,523Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$106Income earned, not collected on loans
$32Earning assets
$6,936Long-term assets (5+ years)
$81Average Assets, year-to-date
$9,058Average Assets, quarterly
$7,744Volatile liabilities
$1,115Insider loans
$215FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$1,157Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$646Total risk weighted assets
$5,110Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$746Total interest expense
$275Net interest income
$471Provision for loan and lease losses
$350Total noninterest income
$602Fiduciary activities
$0Service charges on deposit accounts
$123Trading account gains & fees
$0Additional noninterest income
$479Total noninterest expense
$1,080Salaries and employee benefits
$535Premises and equipment expense
$163Additional noninterest expense
$382Pre-tax net operating income
-$357Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
-$357Extraordinary gains - net
$0Net income attributable to bank
-$357Net charge-offs
$316Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.04%Cost of funding earning assets
3.33%Net interest margin
5.70%Noninterest income to earning assets
7.29%Noninterest expense to earning assets
13.08%Net operating income to assets
-3.94%Return on assets (ROA)
-3.94%Pretax return on assets
-3.94%Return on equity (ROE)
-45.71%Retained earnings to average equity (YTD only)
-45.71%Net charge-offs to loans
5.30%Credit loss provision to net charge-offs
110.76%Efficiency ratio
100,652Assets per employee
0.56%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.47%Loss allowance to noncurrent loans
147.17%Noncurrent assets plus other real estate owned to assets
1.35%Noncurrent loans to loans
2.36%Net loans and leases to deposits
60.53%Net loans and leases to core deposits
71.66%Equity capital to assets
8.21%Core capital (leverage) ratio
7.91%Tier 1 risk-based capital ratio
12.64%Total risk-based capital ratio
Memoranda
$14Average assets
$9,058Average earning assets
$781Average equity
$8,257Average loans

First Professional Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Professional Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Professional Bank in Salt Lake City, Utah (UT)Overview, Financial Summary, Detailed Financial Reports, Branches

First Professional Bank - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

Comment about this bank, ask questions, or add new information about it:

First Professional Bank in Salt Lake City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches