May National Bank of Arizona in Phoenix, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 2003

  • May National Bank of Arizona in Phoenix, Arizona (AZ)
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May National Bank of Arizona - Overview

  • General
  • FDIC Certificate #: 33371
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: May National Bank of Ohio (#33400)
    Federal Reserve ID: 1856398
    Date Established: April 01, 1991
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 46951
    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: April 01, 1991
    Last Structure Change Effective Date: April 15, 2003
    Last Structure Change Process Date: May 01, 2003
    Last Data Update: May 01, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 4611 East Baseline Road, Phoenix, AZ 85040
    County: Maricopa
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Chicago
    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: $9.7 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, 2002)

  • Dollar figures in thousands
  • 275Total employees (full-time equivalent)
  • $7,969Total assets
  • $116Cash and due from depository institutions
  • $100Interest-bearing balances
  • $4,862Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,991All other assets
  • $7,969Total liabilities and capital
  • $555Total liabilities
  • $500Total deposits
  • $500Interest-bearing deposits
  • $500Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $55All other liabilities
  • $7,414Total equity capital
  • $7,414Total bank equity capital
  • $7,414Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $1,500Undivided profits
  • Memoranda
  • $4,414Noncurrent loans and leases
  • $6,074,586Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $4,962Average Assets, quarterly
  • $0Volatile liabilities
  • $8,399Insider loans
  • $8,581FHLB advances
  • $500Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $6,074,586Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $123Total interest income
  • $25Total interest expense
  • $98Net interest income
  • $0Provision for loan and lease losses
  • $35,377Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $35,377Additional noninterest income
  • $17,651Total noninterest expense
  • $6,283Salaries and employee benefits
  • $291Premises and equipment expense
  • $11,077Additional noninterest expense
  • $17,824Pre-tax net operating income
  • $0Securities gains (losses)
  • $7,038Applicable income taxes
  • $10,786Income before extraordinary items
  • $0Extraordinary gains - net
  • $10,786Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $9,789Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.94%Yield on earning assets
  • 0.39%Cost of funding earning assets
  • 1.54%Net interest margin
  • 557.19%Noninterest income to earning assets
  • 278.00%Noninterest expense to earning assets
  • 128.42%Net operating income to assets
  • 128.42%Return on assets (ROA)
  • 212.22%Pretax return on assets
  • 135.90%Return on equity (ROE)
  • 12.56%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 49,756Assets per employee
  • 0.03%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 90.76%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 93.04%Core capital (leverage) ratio
  • 82.30%Tier 1 risk-based capital ratio
  • 190.25%Total risk-based capital ratio
  • Memoranda
  • $190Average assets
  • $8,399Average earning assets
  • $7,937Average equity
  • $6,349Average loans

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