AmBank in Silver City, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

AmBank - Overview

  • General
  • FDIC Certificate #: 34302
    Status: Active
    Federal Reserve ID: 2575717
    Bank Holding Company (Regulatory Top Holder): First Artesia Bancshares, Inc. (RSSDID: 1108967, Location: Artesia, NM)
    Date Established: May 09, 1997
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 57061
    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: Yes
    Asset Concentration Hierarchy: All Other Specialization < 1 Billion
    Date of Deposit Insurance: May 09, 1997
    Last Structure Change Effective Date: July 01, 2010
    Last Structure Change Process Date: April 05, 2011
    Last Data Update: April 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1609 N Swan Street, 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: $119.6 mil
    Equity capital: $17.3 mil
    Deposits held in domestic offices: $101.6 mil
    Return on assets (ROA): 0.62% ($0.7 mil)
    Quarterly return on assets: 0.69% ($0.8 mil)
    Return on Equity (ROE): 4.42% ($0.8 mil)
    Quarterly return on equity: 4.82% ($0.8 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.62% ($741.2 mil)
    Quarterly Pretax return on assets: 0.69% ($824.9 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
  • 39Total employees (full-time equivalent)
  • $119,553Total assets
  • $3,687Cash and due from depository institutions
  • $701Interest-bearing balances
  • $47,222Securities
  • $3,106Federal funds sold & reverse repurchase agreements
  • $49,893Net loans & leases
  • $1,286Loan loss allowance
  • $0Trading account assets
  • $5,475Bank premises and fixed assets
  • $754Other real estate owned
  • $5,535Goodwill and other intangibles
  • $119,553Life insurance assets
  • $3,881All other assets
  • $102,230Total liabilities and capital
  • $101,646Total liabilities
  • $84,042Total deposits
  • $101,646Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $584Subordinated debt
  • $17,323All other liabilities
  • $17,323Total equity capital
  • $17,323Total bank equity capital
  • $0Perpetual preferred stock
  • $1,769Common stock
  • $13,097Surplus
  • $2,457Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $530Income earned, not collected on loans
  • $0Earning assets
  • $619Long-term assets (5+ years)
  • $100,922Average Assets, year-to-date
  • $30,975Average Assets, quarterly
  • $119,562Volatile liabilities
  • $120,612Insider loans
  • $61,172FHLB advances
  • $114,854Loans and leases held for sale
  • $2,534Unused loan commitments
  • $2,534Tier 1 (core) risk-based capital
  • $10,842Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,847Restructured Loans and leases
  • $229Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,951Total interest income
  • $585Total interest expense
  • $4,366Net interest income
  • $120Provision for loan and lease losses
  • $1,106Total noninterest income
  • $0Fiduciary activities
  • $499Service charges on deposit accounts
  • $0Trading account gains & fees
  • $607Additional noninterest income
  • $4,614Total noninterest expense
  • $1,850Salaries and employee benefits
  • $636Premises and equipment expense
  • $2,128Additional noninterest expense
  • $738Pre-tax net operating income
  • -$1Securities gains (losses)
  • $0Applicable income taxes
  • $737Income before extraordinary items
  • $0Extraordinary gains - net
  • $737Net income attributable to bank
  • $0Net charge-offs
  • $737Cash dividends
  • $238Sale, conversion, retirement of capital stock, net
  • $480Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.86%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 4.29%Net interest margin
  • 1.09%Noninterest income to earning assets
  • 4.53%Noninterest expense to earning assets
  • 0.62%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 4.42%Return on equity (ROE)
  • 1.54%Retained earnings to average equity (YTD only)
  • 0.45%Net charge-offs to loans
  • 50.42%Credit loss provision to net charge-offs
  • 3.61%Efficiency ratio
  • 80,994Assets per employee
  • 3.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 65.13%Loss allowance to loans
  • 2.51%Loss allowance to noncurrent loans
  • 242.64%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 1.04%Net loans and leases to deposits
  • 49.09%Net loans and leases to core deposits
  • 54.21%Equity capital to assets
  • 14.49%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 17.72%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $119,562Average earning assets
  • $16,684Average equity
  • $101,856Average loans

List of branches

  • 3 New Mexico Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    057061Ambank1609 N Swan Street, Silver City, NM 88061May 09, 1997Full Service Brick and Mortar
    1290524Hurley BranchHwy 180 And Carasco Avenue, Hurley, NM 88043June 01, 1999Full Service Brick and Mortar
    2363917Bayard Branch1401 Tom Foy Blvd, Bayard, NM 88023April 30, 2002Full Service Brick and Mortar

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