FDIC Certificate #: 57442 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:The Foothills Bank (#34573) Federal Reserve ID: 3134885 Date Established: November 04, 2002 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 363686 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 04, 2002 Last Structure Change Effective Date: July 15, 2011 Last Structure Change Process Date: July 18, 2011 Last Data Update: July 18, 2011 Data Source Date: April 05, 2012
Location
Address: 201 North Montezuma St., Prescott, AZ 86301 County: Yavapai 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 Core Based Statistical Area (CBSA): Prescott, AZ (#39140) CBSA Metro Statistical Area: Prescott, AZ (#39140)
Financial Summary
Total assets: $73.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2010)
Dollar figures in thousands
18Total employees (full-time equivalent)
$80,829Total assets
$7,417Cash and due from depository institutions
$3,284Interest-bearing balances
$7,677Securities
$0Federal funds sold & reverse repurchase agreements
$60,468Net loans & leases
$3,510Loan loss allowance
$0Trading account assets
$480Bank premises and fixed assets
$3,466Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,321All other assets
$80,829Total liabilities and capital
$78,247Total liabilities
$76,098Total deposits
$68,250Interest-bearing deposits
$76,098Deposits held in domestic offices
99.21%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$149All other liabilities
$2,582Total equity capital
$2,582Total bank equity capital
$2,582Perpetual preferred stock
$0Common stock
$8,470Surplus
$1,027Undivided profits
Memoranda
$-6,915Noncurrent loans and leases
$2,918Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,996Earning assets
$0Long-term assets (5+ years)
$260Average Assets, year-to-date
$71,429Average Assets, quarterly
$10,496Volatile liabilities
$88,119Insider loans
$83,909FHLB advances
$27,702Loans and leases held for sale
$270Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,918Total unused commitments
$7,041Restructured Loans and leases
$857Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$4,188Total interest income
$883Total interest expense
$3,305Net interest income
$2,763Provision for loan and lease losses
$406Total noninterest income
$0Fiduciary activities
$214Service charges on deposit accounts
$0Trading account gains & fees
$192Additional noninterest income
$4,298Total noninterest expense
$1,343Salaries and employee benefits
$845Premises and equipment expense
$2,110Additional noninterest expense
-$3,350Pre-tax net operating income
$54Securities gains (losses)
$0Applicable income taxes
-$3,296Income before extraordinary items
$0Extraordinary gains - net
-$3,296Net income attributable to bank
$0Net charge-offs
-$3,296Cash dividends
$1,822Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.27%Yield on earning assets
1.11%Cost of funding earning assets
4.16%Net interest margin
0.51%Noninterest income to earning assets
5.41%Noninterest expense to earning assets
-3.80%Net operating income to assets
-3.74%Return on assets (ROA)
-3.74%Pretax return on assets
-70.53%Return on equity (ROE)
-70.53%Retained earnings to average equity (YTD only)
2.63%Net charge-offs to loans
151.65%Credit loss provision to net charge-offs
-0.32%Efficiency ratio
115,818Assets per employee
4.49%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.49%Loss allowance to noncurrent loans
87.84%Noncurrent assets plus other real estate owned to assets
9.23%Noncurrent loans to loans
6.25%Net loans and leases to deposits
79.46%Net loans and leases to core deposits
124.94%Equity capital to assets
3.19%Core capital (leverage) ratio
3.09%Tier 1 risk-based capital ratio
4.00%Total risk-based capital ratio
Memoranda
$5Average assets
$88,119Average earning assets
$4,673Average equity
$79,483Average loans
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