Western Bank of Clovis in city_name, state_name - Detailed Financial Reports, Location

Western Bank of Clovis in Clovis, New Mexico (NM)
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Western Bank of Clovis routing number info

Western Bank of Clovis - Overview

General
FDIC Certificate #: 22059
Status: Active
Federal Reserve ID: 640554
Bank Holding Company (Regulatory Top Holder): Western Bancshares Of Clovis, Inc. (RSSDID: 1135301, Location: Carlsbad, NM)
Date Established: July 07, 1975
WWW: http://www.wbclovis.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 10609
FDIC's unique #: 15311
Numeric code: 21
Regulator: FDIC
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: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: July 07, 1975
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: 901 Pile Street, Clovis, NM 88101
County: Curry
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): Clovis-Portales, NM (#188)
Core Based Statistical Area (CBSA): Clovis, NM (#17580)
CBSA Micro Statistical Area: Yes
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $52.0 mil
Equity capital: $6.3 mil
Deposits held in domestic offices: $39.1 mil
Return on assets (ROA): 1.05% ($0.5 mil)
Quarterly return on assets: 0.94% ($0.5 mil)
Return on Equity (ROE): 8.59% ($0.5 mil)
Quarterly return on equity: 7.58% ($0.5 mil)
Net income: $0.6 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 1.68% ($874.3 mil)
Quarterly Pretax return on assets: 1.63% ($848.3 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
17Total employees (full-time equivalent)
$52,040Total assets
$7,079Cash and due from depository institutions
$3,131Interest-bearing balances
$9,614Securities
$0Federal funds sold & reverse repurchase agreements
$33,388Net loans & leases
$579Loan loss allowance
$0Trading account assets
$930Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$52,040Life insurance assets
$1,029All other assets
$45,739Total liabilities and capital
$39,095Total liabilities
$33,503Total deposits
$39,095Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$6,484Trading liabilities
$0Other borrowed funds
$160Subordinated debt
$6,301All other liabilities
$6,301Total equity capital
$6,301Total bank equity capital
$0Perpetual preferred stock
$410Common stock
$2,040Surplus
$3,851Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$355Long-term assets (5+ years)
$46,133Average Assets, year-to-date
$25,875Average Assets, quarterly
$52,575Volatile liabilities
$52,410Insider loans
$42,892FHLB advances
$52,377Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$6,301Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,567Restructured Loans and leases
$1,083Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$2,986Total interest income
$535Total interest expense
$2,451Net interest income
$0Provision for loan and lease losses
$116Total noninterest income
$0Fiduciary activities
$73Service charges on deposit accounts
$0Trading account gains & fees
$43Additional noninterest income
$1,686Total noninterest expense
$652Salaries and employee benefits
$241Premises and equipment expense
$793Additional noninterest expense
$881Pre-tax net operating income
$0Securities gains (losses)
$327Applicable income taxes
$554Income before extraordinary items
$0Extraordinary gains - net
$554Net income attributable to bank
$0Net charge-offs
$554Cash dividends
$4Sale, conversion, retirement of capital stock, net
$540Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
6.14%Yield on earning assets
1.10%Cost of funding earning assets
5.04%Net interest margin
0.24%Noninterest income to earning assets
3.47%Noninterest expense to earning assets
1.05%Net operating income to assets
1.05%Return on assets (ROA)
1.68%Pretax return on assets
8.59%Return on equity (ROE)
0.22%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
220.25%Efficiency ratio
65,680Assets per employee
3.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
97.47%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
85.40%Net loans and leases to core deposits
92.79%Equity capital to assets
12.11%Core capital (leverage) ratio
12.03%Tier 1 risk-based capital ratio
14.69%Total risk-based capital ratio
Memoranda
$16Average assets
$52,575Average earning assets
$6,451Average equity
$48,651Average loans

List of branches

2 New Mexico Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type	Map
0	15311	Western Bank Of Clovis	901 Pile Street, Clovis, NM 88101	July 07, 1975	Full Service Brick and Mortar
1	254004	Portales Branch	203 South Main Avenue, Portales, NM 88130	October 02, 1995	Full Service Brick and Mortar

Western Bank of Clovis in Clovis, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

Western Bank of Clovis - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Western Bank of Clovis in Clovis, New Mexico (NM)Overview, Financial Summary, Detailed Financial Reports, Branches

Western Bank of Clovis - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

Western Bank of Clovis in Clovis, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches