FDIC Certificate #: 21643 Status: Inactive Federal Reserve ID: 507666 Date Established: June 20, 1974 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 #: 14977 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: June 20, 1974 Last Structure Change Effective Date: June 16, 2004 Last Structure Change Process Date: July 07, 2004 Last Data Update: July 07, 2004 Data Source Date: April 05, 2012
Location
Address: 2626 South Hardy Drive, Tempe, AZ 85282 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)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Financial Summary
Total assets: $86.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
4Total employees (full-time equivalent)
$86,280Total assets
$36,772Cash and due from depository institutions
$0Interest-bearing balances
$362Securities
$48,445Federal 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
$701All other assets
$86,280Total liabilities and capital
$15,421Total liabilities
$502Total deposits
$502Interest-bearing deposits
$502Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$14,919All other liabilities
$70,859Total equity capital
$70,859Total bank equity capital
$70,859Perpetual preferred stock
$0Common stock
$1,000Surplus
$17,081Undivided profits
Memoranda
$52,778Noncurrent loans and leases
$0Noncurrent 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)
$8Average Assets, year-to-date
$48,807Average Assets, quarterly
$362Volatile liabilities
$226,136Insider loans
$168,011FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$6,482Total interest income
$3,785Total interest expense
$2,697Net interest income
$0Provision for loan and lease losses
$193,634Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
-$25Trading account gains & fees
$193,659Additional noninterest income
$101,249Total noninterest expense
$7,744Salaries and employee benefits
$984Premises and equipment expense
$92,521Additional noninterest expense
$95,082Pre-tax net operating income
$0Securities gains (losses)
$38,215Applicable income taxes
$56,867Income before extraordinary items
$0Extraordinary gains - net
$56,867Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$23,871Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.25%Yield on earning assets
2.48%Cost of funding earning assets
1.77%Net interest margin
127.08%Noninterest income to earning assets
66.45%Noninterest expense to earning assets
25.15%Net operating income to assets
25.15%Return on assets (ROA)
42.05%Pretax return on assets
127.82%Return on equity (ROE)
74.16%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
51,571Assets per employee
21.57%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.98%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
82.13%Core capital (leverage) ratio
40.81%Tier 1 risk-based capital ratio
409.14%Total risk-based capital ratio
Memoranda
$409Average assets
$226,136Average earning assets
$44,490Average equity
$152,375Average loans
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