Imperial Bank Arizona in Sun City, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1998

Imperial Bank Arizona in Sun City, Arizona (AZ)
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Imperial Bank Arizona - Overview

General
FDIC Certificate #: 26657
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Imperial Bank (#18835)
Federal Reserve ID: 975069
Date Established: March 03, 1986
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 1 (Interstate: No)
FDIC's unique #: 35390
Numeric code: 13
Regulator: FED
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: March 03, 1986
Last Structure Change Effective Date: December 01, 1998
Last Structure Change Process Date: Febuary 17, 1999
Last Data Update: Febuary 17, 1999
Data Source Date: April 05, 2012
Location
Address: 400 East Van Buren Street, Suite 900, Sun City, AZ 85351
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: $85.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
35Total employees (full-time equivalent)
$78,874Total assets
$3,553Cash and due from depository institutions
$0Interest-bearing balances
$29,433Securities
$8,600Federal funds sold & reverse repurchase agreements
$34,386Net loans & leases
$445Loan loss allowance
$0Trading account assets
$2,175Bank premises and fixed assets
$0Other real estate owned
$234Goodwill and other intangibles
$0Life insurance assets
$493All other assets
$78,874Total liabilities and capital
$74,823Total liabilities
$74,170Total deposits
$67,090Interest-bearing deposits
$74,170Deposits held in domestic offices
0.00%% insured (estimated)
$224Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$429All other liabilities
$4,051Total equity capital
$4,051Total bank equity capital
$4,051Perpetual preferred stock
$0Common stock
$580Surplus
$2,377Undivided profits
Memoranda
$1,094Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$56Earning assets
$40Long-term assets (5+ years)
$151Average Assets, year-to-date
$72,419Average Assets, quarterly
$14,101Volatile liabilities
$67,252Insider loans
$73,181FHLB advances
$3,612Loans and leases held for sale
$51Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,653Total unused commitments
$0Restructured Loans and leases
$40,150Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$4,984Total interest income
$1,893Total interest expense
$3,091Net interest income
$94Provision for loan and lease losses
$423Total noninterest income
$0Fiduciary activities
$99Service charges on deposit accounts
$0Trading account gains & fees
$324Additional noninterest income
$2,654Total noninterest expense
$1,302Salaries and employee benefits
$444Premises and equipment expense
$908Additional noninterest expense
$766Pre-tax net operating income
$10Securities gains (losses)
$249Applicable income taxes
$527Income before extraordinary items
$0Extraordinary gains - net
$527Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$3Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.12%Yield on earning assets
3.08%Cost of funding earning assets
5.03%Net interest margin
0.69%Noninterest income to earning assets
4.32%Noninterest expense to earning assets
0.77%Net operating income to assets
0.78%Return on assets (ROA)
1.15%Pretax return on assets
14.23%Return on equity (ROE)
14.23%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-3133.33%Credit loss provision to net charge-offs
0.00%Efficiency ratio
74,929Assets per employee
2.25%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.28%Loss allowance to noncurrent loans
794.64%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.16%Net loans and leases to deposits
46.36%Net loans and leases to core deposits
48.58%Equity capital to assets
5.14%Core capital (leverage) ratio
5.15%Tier 1 risk-based capital ratio
9.46%Total risk-based capital ratio
Memoranda
$11Average assets
$67,252Average earning assets
$3,705Average equity
$61,408Average loans

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