FDIC Certificate #: 29088 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Community Bank (#12261) Federal Reserve ID: 622279 Date Established: August 01, 1934 WWW:http://www.accessbank.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2891 FDIC's unique #: 41922 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: November 03, 1934 Last Structure Change Effective Date: January 04, 2006 Last Structure Change Process Date: January 18, 2006 Last Data Update: January 18, 2006 Data Source Date: April 05, 2012
Location
Address: 801 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
Financial Summary
Total assets: $352.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
129Total employees (full-time equivalent)
$352,615Total assets
$13,172Cash and due from depository institutions
$5,451Interest-bearing balances
$113,780Securities
$3,185Federal funds sold & reverse repurchase agreements
$199,054Net loans & leases
$1,531Loan loss allowance
$0Trading account assets
$10,259Bank premises and fixed assets
$47Other real estate owned
$10,000Goodwill and other intangibles
$0Life insurance assets
$3,118All other assets
$352,615Total liabilities and capital
$322,357Total liabilities
$315,295Total deposits
$286,175Interest-bearing deposits
$315,295Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$6,835Other borrowed funds
$0Subordinated debt
$227All other liabilities
$30,258Total equity capital
$30,258Total bank equity capital
$30,258Perpetual preferred stock
$0Common stock
$1Surplus
$18,443Undivided profits
Memoranda
$11,814Noncurrent loans and leases
$30,381Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$471Earning assets
$0Long-term assets (5+ years)
$1,637Average Assets, year-to-date
$321,470Average Assets, quarterly
$0Volatile liabilities
$370,091Insider loans
$359,072FHLB advances
$106,886Loans and leases held for sale
$1,064Unused loan commitments
$6,835Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$30,289Total unused commitments
$21Restructured Loans and leases
$1,531Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$18,884Total interest income
$7,192Total interest expense
$11,692Net interest income
$420Provision for loan and lease losses
$1,741Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,741Additional noninterest income
$11,362Total noninterest expense
$6,436Salaries and employee benefits
$2,097Premises and equipment expense
$2,829Additional noninterest expense
$1,651Pre-tax net operating income
$1,741Securities gains (losses)
$522Applicable income taxes
$2,870Income before extraordinary items
$0Extraordinary gains - net
$2,870Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$184Sale, conversion, retirement of capital stock, net
$1,730Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.57%Yield on earning assets
2.12%Cost of funding earning assets
3.45%Net interest margin
0.51%Noninterest income to earning assets
3.35%Noninterest expense to earning assets
0.38%Net operating income to assets
0.78%Return on assets (ROA)
0.92%Pretax return on assets
9.54%Return on equity (ROE)
3.79%Retained earnings to average equity (YTD only)
0.09%Net charge-offs to loans
228.26%Credit loss provision to net charge-offs
11.26%Efficiency ratio
82,997Assets per employee
2.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
60.28%Loss allowance to loans
0.76%Loss allowance to noncurrent loans
325.05%Noncurrent assets plus other real estate owned to assets
0.15%Noncurrent loans to loans
0.23%Net loans and leases to deposits
63.13%Net loans and leases to core deposits
92.48%Equity capital to assets
8.58%Core capital (leverage) ratio
5.92%Tier 1 risk-based capital ratio
10.72%Total risk-based capital ratio
Memoranda
$12Average assets
$370,091Average earning assets
$30,069Average equity
$338,729Average loans
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