FDIC Certificate #: 21532 Status: Inactive Closing history: Corrections Acquiring institution:State National Bank (#21724) Federal Reserve ID: 377458 Date Established: April 22, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 12 (Interstate: No) OTS Docket #: 14531 FDIC's unique #: 14893 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: April 22, 1974 Last Structure Change Effective Date: August 06, 1999 Last Structure Change Process Date: September 09, 1999 Last Data Update: September 09, 1999 Data Source Date: April 05, 2012
Location
Address: 550 South Telshor, Las Cruces, NM 88011 County: Dona Ana Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: San Francisco 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)
History of Changes
Consolidated - Without Assistance
Corrections
Financial Summary
Total assets: $152.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
93Total employees (full-time equivalent)
$150,728Total assets
$6,396Cash and due from depository institutions
$0Interest-bearing balances
$21,349Securities
$23,367Federal funds sold & reverse repurchase agreements
$89,191Net loans & leases
$1,123Loan loss allowance
$0Trading account assets
$5,282Bank premises and fixed assets
$130Other real estate owned
$3,328Goodwill and other intangibles
$0Life insurance assets
$1,685All other assets
$150,728Total liabilities and capital
$137,425Total liabilities
$135,986Total deposits
$120,883Interest-bearing deposits
$135,986Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$796Other borrowed funds
$0Subordinated debt
$643All other liabilities
$13,303Total equity capital
$13,303Total bank equity capital
$13,303Perpetual preferred stock
$0Common stock
$350Surplus
$12,362Undivided profits
Memoranda
$591Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$359Earning assets
$61Long-term assets (5+ years)
$769Average Assets, year-to-date
$133,907Average Assets, quarterly
$11,149Volatile liabilities
$136,370Insider loans
$151,241FHLB advances
$18,349Loans and leases held for sale
$2,634Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$3,477Total risk weighted assets
$21,784Total unused commitments
$0Restructured Loans and leases
$92,868Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$8,413Total interest income
$3,800Total interest expense
$4,613Net interest income
$413Provision for loan and lease losses
$1,749Total noninterest income
$0Fiduciary activities
$868Service charges on deposit accounts
$0Trading account gains & fees
$881Additional noninterest income
$5,136Total noninterest expense
$2,524Salaries and employee benefits
$807Premises and equipment expense
$1,805Additional noninterest expense
$813Pre-tax net operating income
$14Securities gains (losses)
$323Applicable income taxes
$504Income before extraordinary items
$0Extraordinary gains - net
$504Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$394Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.98%Yield on earning assets
3.15%Cost of funding earning assets
3.83%Net interest margin
1.45%Noninterest income to earning assets
4.26%Noninterest expense to earning assets
0.36%Net operating income to assets
0.37%Return on assets (ROA)
0.61%Pretax return on assets
4.75%Return on equity (ROE)
4.75%Retained earnings to average equity (YTD only)
0.45%Net charge-offs to loans
104.82%Credit loss provision to net charge-offs
3.11%Efficiency ratio
77,900Assets per employee
1.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.24%Loss allowance to noncurrent loans
312.81%Noncurrent assets plus other real estate owned to assets
0.32%Noncurrent loans to loans
0.40%Net loans and leases to deposits
65.59%Net loans and leases to core deposits
75.82%Equity capital to assets
8.83%Core capital (leverage) ratio
6.78%Tier 1 risk-based capital ratio
10.65%Total risk-based capital ratio
Memoranda
$12Average assets
$136,370Average earning assets
$10,614Average equity
$120,539Average loans
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