The American National Bank of Silver City in Silver City, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 21, 1995

The American National Bank of Silver City in Silver City, New Mexico (NM)
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The American National Bank of Silver City - Overview

General
FDIC Certificate #: 2255
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Wells Fargo Bank New Mexico, National Association (#2252)
Federal Reserve ID: 371157
Date Established: March 01, 1906
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 1501
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: January 01, 1934
Last Structure Change Effective Date: April 21, 1995
Last Structure Change Process Date: May 12, 1995
Last Data Update: May 12, 1995
Data Source Date: April 05, 2012
Location
Address: Twelfth And Pope, Silver City, NM 88061
County: Grant
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
Core Based Statistical Area (CBSA): Silver City, NM (#43500)
CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $90.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$56Total assets
$88,487Cash and due from depository institutions
$4,026Interest-bearing balances
$0Securities
$31,315Federal funds sold & reverse repurchase agreements
$13,800Net loans & leases
$37,271Loan loss allowance
$853Trading account assets
$0Bank premises and fixed assets
$1,345Other real estate owned
$11Goodwill and other intangibles
$719Life insurance assets
$0All other assets
$0Total liabilities and capital
$88,487Total liabilities
$80,614Total deposits
$79,833Interest-bearing deposits
$62,983Deposits held in domestic offices
79833.00%% insured (estimated)
$87Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$781Total equity capital
$781Total bank equity capital
$7,873Perpetual preferred stock
$0Common stock
$120Surplus
$1,500Undivided profits
Memoranda
$6,253Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$208Earning assets
$82,386Long-term assets (5+ years)
$11,327Average Assets, year-to-date
$97,245Average Assets, quarterly
$93,454Volatile liabilities
$2,675Insider loans
$183FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,023Total risk weighted assets
$39,804Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$6,816Total interest expense
$2,273Net interest income
$4,543Provision for loan and lease losses
$333Total noninterest income
$463Fiduciary activities
$0Service charges on deposit accounts
$325Trading account gains & fees
$0Additional noninterest income
$138Total noninterest expense
$4,655Salaries and employee benefits
$1,539Premises and equipment expense
$670Additional noninterest expense
$2,446Pre-tax net operating income
$18Securities gains (losses)
$9Applicable income taxes
-$274Income before extraordinary items
$301Extraordinary gains - net
$0Net income attributable to bank
$301Net charge-offs
$81Cash dividends
$1,638Sale, conversion, retirement of capital stock, net
$120Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.57%Cost of funding earning assets
2.52%Net interest margin
5.05%Noninterest income to earning assets
0.51%Noninterest expense to earning assets
5.17%Net operating income to assets
0.30%Return on assets (ROA)
0.31%Pretax return on assets
0.03%Return on equity (ROE)
3.69%Retained earnings to average equity (YTD only)
-16.39%Net charge-offs to loans
0.21%Credit loss provision to net charge-offs
411.11%Efficiency ratio
92,988Assets per employee
1.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
544.19%Loss allowance to loans
2.24%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.00%Net loans and leases to deposits
46.69%Net loans and leases to core deposits
48.30%Equity capital to assets
8.90%Core capital (leverage) ratio
8.02%Tier 1 risk-based capital ratio
20.16%Total risk-based capital ratio
Memoranda
$21Average assets
$97,245Average earning assets
$8,158Average equity
$90,031Average loans

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