FDIC Certificate #: 24140 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Peoples Bank (#4751) Federal Reserve ID: 803452 Date Established: December 02, 1982 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 11131 FDIC's unique #: 16821 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: December 02, 1982 Last Structure Change Effective Date: December 14, 2002 Last Structure Change Process Date: December 19, 2002 Last Data Update: December 19, 2002 Data Source Date: April 05, 2012
Location
Address: 1356 Paseo Del Pueblo Sur, Taos, NM 87571 County: Taos Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Kansas City FDIC Field Office: Albuquerque Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Taos, NM (#45340) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $87.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
43Total employees (full-time equivalent)
$84,574Total assets
$4,313Cash and due from depository institutions
$53Interest-bearing balances
$17,762Securities
$10,200Federal funds sold & reverse repurchase agreements
$46,842Net loans & leases
$643Loan loss allowance
$0Trading account assets
$2,372Bank premises and fixed assets
$551Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,534All other assets
$84,574Total liabilities and capital
$78,170Total liabilities
$74,473Total deposits
$55,636Interest-bearing deposits
$74,473Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,956Other borrowed funds
$0Subordinated debt
$741All other liabilities
$6,404Total equity capital
$6,404Total bank equity capital
$6,404Perpetual preferred stock
$0Common stock
$462Surplus
$3,240Undivided profits
Memoranda
$2,702Noncurrent loans and leases
$4,328Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$400Earning assets
$0Long-term assets (5+ years)
$467Average Assets, year-to-date
$74,857Average Assets, quarterly
$10,607Volatile liabilities
$78,728Insider loans
$83,449FHLB advances
$10,272Loans and leases held for sale
$240Unused loan commitments
$2,956Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,328Total unused commitments
$0Restructured Loans and leases
$643Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$5,895Total interest income
$2,070Total interest expense
$3,825Net interest income
$948Provision for loan and lease losses
$935Total noninterest income
$0Fiduciary activities
$722Service charges on deposit accounts
$0Trading account gains & fees
$213Additional noninterest income
$3,541Total noninterest expense
$1,947Salaries and employee benefits
$647Premises and equipment expense
$947Additional noninterest expense
$271Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$271Income before extraordinary items
$0Extraordinary gains - net
$271Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,034Sale, conversion, retirement of capital stock, net
$166Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.43%Yield on earning assets
2.96%Cost of funding earning assets
5.47%Net interest margin
1.34%Noninterest income to earning assets
5.06%Noninterest expense to earning assets
0.34%Net operating income to assets
0.34%Return on assets (ROA)
0.34%Pretax return on assets
4.77%Return on equity (ROE)
1.85%Retained earnings to average equity (YTD only)
2.03%Net charge-offs to loans
91.68%Credit loss provision to net charge-offs
1.18%Efficiency ratio
74,391Assets per employee
1.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.25%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
160.75%Noncurrent assets plus other real estate owned to assets
1.12%Noncurrent loans to loans
0.84%Net loans and leases to deposits
62.90%Net loans and leases to core deposits
72.96%Equity capital to assets
7.57%Core capital (leverage) ratio
7.48%Tier 1 risk-based capital ratio
11.82%Total risk-based capital ratio
Memoranda
$13Average assets
$78,728Average earning assets
$5,677Average equity
$69,964Average loans
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