Mutual Building and Loan Association FA in Las Cruces, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1993

Mutual Building and Loan Association FA in Las Cruces, New Mexico (NM)
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Mutual Building and Loan Association FA - Overview

General
FDIC Certificate #: 29139
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Federal Bank (#29702)
Federal Reserve ID: 635073
Date Established: January 01, 1926
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 2981
FDIC's unique #: 41973
Numeric code: 37
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: January 11, 1937
Last Structure Change Effective Date: June 30, 1993
Last Structure Change Process Date: October 07, 1993
Last Data Update: October 07, 1993
Data Source Date: April 05, 2012
Location
Address: 510 S Main, Las Cruces, NM 88001
County: Dona Ana
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): Las Cruces, NM (#4100)
Core Based Statistical Area (CBSA): Las Cruces, NM (#29740)
CBSA Metro Statistical Area: Las Cruces, NM (#29740)
Financial Summary
Total assets: $84.1 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$45Total assets
$86,822Cash and due from depository institutions
$23,262Interest-bearing balances
$21,352Securities
$29,121Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$29,788Loan loss allowance
$652Trading account assets
$0Bank premises and fixed assets
$898Other real estate owned
$1,336Goodwill and other intangibles
$2,406Life insurance assets
$11All other assets
$0Total liabilities and capital
$86,822Total liabilities
$82,661Total deposits
$82,374Interest-bearing deposits
$79,599Deposits held in domestic offices
82374.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$287Total equity capital
$287Total bank equity capital
$4,161Perpetual preferred stock
$0Common stock
$223Surplus
$1,200Undivided profits
Memoranda
$2,738Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$774Income earned, not collected on loans
$298Earning assets
$80,261Long-term assets (5+ years)
$0Average Assets, year-to-date
$88,594Average Assets, quarterly
$87,382Volatile liabilities
$5,315Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,328Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,150Total risk weighted assets
$37,887Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$5,657Total interest expense
$4,181Net interest income
$1,476Provision for loan and lease losses
$46Total noninterest income
$634Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$634Total noninterest expense
$2,544Salaries and employee benefits
$1,041Premises and equipment expense
$421Additional noninterest expense
$1,082Pre-tax net operating income
-$480Securities gains (losses)
$367Applicable income taxes
$33Income before extraordinary items
-$146Extraordinary gains - net
$0Net income attributable to bank
-$146Net charge-offs
-$224Cash 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
6.94%Cost of funding earning assets
5.13%Net interest margin
1.81%Noninterest income to earning assets
0.78%Noninterest expense to earning assets
3.12%Net operating income to assets
-0.58%Return on assets (ROA)
-0.16%Pretax return on assets
-0.13%Return on equity (ROE)
-3.36%Retained earnings to average equity (YTD only)
-3.36%Net charge-offs to loans
-0.68%Credit loss provision to net charge-offs
-20.54%Efficiency ratio
120,569Assets per employee
1.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.14%Loss allowance to noncurrent loans
84.24%Noncurrent assets plus other real estate owned to assets
2.43%Noncurrent loans to loans
2.54%Net loans and leases to deposits
36.16%Net loans and leases to core deposits
38.66%Equity capital to assets
4.79%Core capital (leverage) ratio
4.78%Tier 1 risk-based capital ratio
10.95%Total risk-based capital ratio
Memoranda
$12Average assets
$88,594Average earning assets
$4,347Average equity
$81,493Average loans

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