FDIC Certificate #: 22591 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank (#21000) Federal Reserve ID: 208253 Date Established: January 16, 1978 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 10199 FDIC's unique #: 15757 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 16, 1978 Last Structure Change Effective Date: March 12, 1999 Last Structure Change Process Date: March 18, 1999 Last Data Update: March 18, 1999 Data Source Date: April 05, 2012
Location
Address: 1475 Central Avenue, Los Alamos, NM 87544 County: Los Alamos Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Albuquerque Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Santa Fe, NM (#7490) Core Based Statistical Area (CBSA): Los Alamos, NM (#31060) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $86.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
43Total employees (full-time equivalent)
$86,482Total assets
$5,836Cash and due from depository institutions
$3,336Interest-bearing balances
$3,361Securities
$15,695Federal funds sold & reverse repurchase agreements
$57,125Net loans & leases
$779Loan loss allowance
$0Trading account assets
$3,470Bank premises and fixed assets
$111Other real estate owned
$36Goodwill and other intangibles
$0Life insurance assets
$848All other assets
$86,482Total liabilities and capital
$80,543Total liabilities
$78,002Total deposits
$73,906Interest-bearing deposits
$78,002Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,277Other borrowed funds
$0Subordinated debt
$264All other liabilities
$5,939Total equity capital
$5,939Total bank equity capital
$5,939Perpetual preferred stock
$0Common stock
$575Surplus
$1,500Undivided profits
Memoranda
$3,864Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$142Earning assets
$0Long-term assets (5+ years)
$353Average Assets, year-to-date
$79,517Average Assets, quarterly
$11,820Volatile liabilities
$84,018Insider loans
$88,294FHLB advances
$8,255Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$5,909Total risk weighted assets
$6,962Total unused commitments
$0Restructured Loans and leases
$60,983Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$9,231Total interest income
$3,989Total interest expense
$5,242Net interest income
$852Provision for loan and lease losses
$340Total noninterest income
$0Fiduciary activities
$93Service charges on deposit accounts
$0Trading account gains & fees
$247Additional noninterest income
$4,141Total noninterest expense
$1,969Salaries and employee benefits
$615Premises and equipment expense
$1,557Additional noninterest expense
$589Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$589Income before extraordinary items
$0Extraordinary gains - net
$589Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$769Sale, conversion, retirement of capital stock, net
$230Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
12.11%Yield on earning assets
5.23%Cost of funding earning assets
6.87%Net interest margin
0.45%Noninterest income to earning assets
5.43%Noninterest expense to earning assets
0.70%Net operating income to assets
0.70%Return on assets (ROA)
0.70%Pretax return on assets
9.99%Return on equity (ROE)
6.09%Retained earnings to average equity (YTD only)
1.30%Net charge-offs to loans
110.65%Credit loss provision to net charge-offs
1.87%Efficiency ratio
74,131Assets per employee
2.01%Cash dividends to net income (YTD only)
Condition Ratios (%)
39.05%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
548.59%Noncurrent assets plus other real estate owned to assets
0.29%Noncurrent loans to loans
0.25%Net loans and leases to deposits
73.24%Net loans and leases to core deposits
81.90%Equity capital to assets
6.87%Core capital (leverage) ratio
6.55%Tier 1 risk-based capital ratio
9.76%Total risk-based capital ratio
Memoranda
$11Average assets
$84,018Average earning assets
$5,897Average equity
$76,255Average loans
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