FDIC Certificate #: 24960 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:BMO Harris Bank National Association (#16571) Federal Reserve ID: 528568 Date Established: Febuary 21, 1984 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 8 (Interstate: No) FDIC's unique #: 17292 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: Febuary 21, 1984 Last Structure Change Effective Date: July 06, 2011 Last Structure Change Process Date: July 14, 2011 Last Data Update: July 14, 2011 Data Source Date: April 05, 2012
Location
Address: 6720 North Scottsdale Road, Scottsdale, AZ 85253 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)
Financial Summary
Total assets: $647.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
112Total employees (full-time equivalent)
$618,320Total assets
$11,031Cash and due from depository institutions
$1,364Interest-bearing balances
$14,313Securities
$63,000Federal funds sold & reverse repurchase agreements
$491,940Net loans & leases
$15,787Loan loss allowance
$0Trading account assets
$3,182Bank premises and fixed assets
$356Other real estate owned
$15,808Goodwill and other intangibles
$0Life insurance assets
$18,690All other assets
$618,320Total liabilities and capital
$547,797Total liabilities
$491,115Total deposits
$422,392Interest-bearing deposits
$491,115Deposits held in domestic offices
45.35%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$50,000Other borrowed funds
$0Subordinated debt
$6,682All other liabilities
$70,523Total equity capital
$70,523Total bank equity capital
$70,523Perpetual preferred stock
$0Common stock
$13,631Surplus
$56,471Undivided profits
Memoranda
$421Noncurrent loans and leases
$160,931Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$22,765Earning assets
$0Long-term assets (5+ years)
$1,915Average Assets, year-to-date
$570,617Average Assets, quarterly
$127,871Volatile liabilities
$633,230Insider loans
$587,672FHLB advances
$80,719Loans and leases held for sale
$100Unused loan commitments
$0Tier 1 (core) risk-based capital
$3,149Tier 2 risk-based capital
$0Total risk weighted assets
$160,931Total unused commitments
$666Restructured Loans and leases
$5,224Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$24,840Total interest income
$4,412Total interest expense
$20,428Net interest income
$5,881Provision for loan and lease losses
$23,187Total noninterest income
$22,456Fiduciary activities
$414Service charges on deposit accounts
$0Trading account gains & fees
$317Additional noninterest income
$29,057Total noninterest expense
$16,767Salaries and employee benefits
$3,306Premises and equipment expense
$8,984Additional noninterest expense
$8,677Pre-tax net operating income
-$36Securities gains (losses)
$3,373Applicable income taxes
$5,268Income before extraordinary items
$0Extraordinary gains - net
$5,268Net income attributable to bank
$0Net charge-offs
$5,268Cash dividends
$7,915Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.26%Yield on earning assets
0.76%Cost of funding earning assets
3.50%Net interest margin
3.98%Noninterest income to earning assets
4.98%Noninterest expense to earning assets
0.84%Net operating income to assets
0.83%Return on assets (ROA)
1.36%Pretax return on assets
7.69%Return on equity (ROE)
7.69%Retained earnings to average equity (YTD only)
1.54%Net charge-offs to loans
74.30%Credit loss provision to net charge-offs
1.84%Efficiency ratio
66,622Assets per employee
5.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.11%Loss allowance to noncurrent loans
69.35%Noncurrent assets plus other real estate owned to assets
3.74%Noncurrent loans to loans
4.48%Net loans and leases to deposits
100.17%Net loans and leases to core deposits
106.85%Equity capital to assets
11.41%Core capital (leverage) ratio
9.66%Tier 1 risk-based capital ratio
13.39%Total risk-based capital ratio
Memoranda
$15Average assets
$633,230Average earning assets
$68,537Average equity
$582,925Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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