FDIC Certificate #: 19245 Status: Active Federal Reserve ID: 962854 Date Established: September 28, 1964 WWW:http://www.vnbnm.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 12306 FDIC's unique #: 13060 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 28, 1964 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 333 Riverside Drive, Espanola, NM 87532 County: Rio Arriba 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 Combined Statistical Area (CSA): Santa Fe-Espanola, NM (#492) Core Based Statistical Area (CBSA): Espanola, NM (#21580) CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $293.8 mil Equity capital: $31.0 mil Deposits held in domestic offices: $212.8 mil Return on assets (ROA): -0.87% (-$2.6 mil) Quarterly return on assets: 4.16% ($12.2 mil) Return on Equity (ROE): -8.73% (-$2.7 mil) Quarterly return on equity: 41.72% ($12.9 mil) Net income: -$2.7 mil Quarterly Net income: $3.1 mil Pretax return on assets: -0.87% (-$2,556.4 mil) Quarterly Pretax return on assets: 4.02% ($11,812.1 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
54Total employees (full-time equivalent)
$293,834Total assets
$36,419Cash and due from depository institutions
$30,466Interest-bearing balances
$115,718Securities
$3,000Federal funds sold & reverse repurchase agreements
$124,851Net loans & leases
$6,172Loan loss allowance
$0Trading account assets
$3,958Bank premises and fixed assets
$3,458Other real estate owned
$0Goodwill and other intangibles
$293,835Life insurance assets
$6,430All other assets
$262,872Total liabilities and capital
$212,849Total liabilities
$193,405Total deposits
$212,849Interest-bearing deposits
$67Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$49,150Trading liabilities
$0Other borrowed funds
$873Subordinated debt
$30,963All other liabilities
$30,963Total equity capital
$30,963Total bank equity capital
$1,000Perpetual preferred stock
$400Common stock
$1,400Surplus
$28,163Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$25,205Income earned, not collected on loans
$0Earning assets
$1,219Long-term assets (5+ years)
$274,035Average Assets, year-to-date
$109,300Average Assets, quarterly
$308,417Volatile liabilities
$298,194Insider loans
$151,905FHLB advances
$305,019Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$30,241Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$4,267Restructured Loans and leases
$4,471Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$13,055Total interest income
$2,470Total interest expense
$10,585Net interest income
$6,532Provision for loan and lease losses
-$722Total noninterest income
$0Fiduciary activities
$523Service charges on deposit accounts
$0Trading account gains & fees
-$1,245Additional noninterest income
$7,518Total noninterest expense
$3,531Salaries and employee benefits
$792Premises and equipment expense
$3,195Additional noninterest expense
-$4,187Pre-tax net operating income
$1,490Securities gains (losses)
$0Applicable income taxes
-$2,697Income before extraordinary items
$0Extraordinary gains - net
-$2,697Net income attributable to bank
$0Net charge-offs
-$2,697Cash dividends
$8,619Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
0.86%Cost of funding earning assets
3.70%Net interest margin
-0.25%Noninterest income to earning assets
2.63%Noninterest expense to earning assets
-1.36%Net operating income to assets
-0.87%Return on assets (ROA)
-0.87%Pretax return on assets
-8.73%Return on equity (ROE)
-8.73%Retained earnings to average equity (YTD only)
5.99%Net charge-offs to loans
75.79%Credit loss provision to net charge-offs
0.27%Efficiency ratio
76,224Assets per employee
5.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.71%Loss allowance to noncurrent loans
24.49%Noncurrent assets plus other real estate owned to assets
9.75%Noncurrent loans to loans
19.24%Net loans and leases to deposits
58.66%Net loans and leases to core deposits
90.22%Equity capital to assets
10.54%Core capital (leverage) ratio
9.91%Tier 1 risk-based capital ratio
19.91%Total risk-based capital ratio
Memoranda
$21Average assets
$308,417Average earning assets
$30,904Average equity
$286,191Average loans
List of branches
1 New Mexico Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
13060
Valley National Bank
333 Riverside Drive, Espanola, NM 87532
September 28, 1964
Full Service Brick and Mortar
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