Arizona Bank in Tucson, Arizona (AZ)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 26, 1999

  • Arizona Bank in Tucson, Arizona (AZ)
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Arizona Bank - Overview

  • General
  • FDIC Certificate #: 18775
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Compass Bank (#19048)
    Federal Reserve ID: 585150
    Date Established: May 13, 1963
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 44 (Interstate: No)
    OTS Docket #: 10404
    FDIC's unique #: 12637
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 13, 1963
    Last Structure Change Effective Date: August 26, 1999
    Last Structure Change Process Date: November 08, 1999
    Last Data Update: November 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 120 North Stone Street, Tucson, AZ 85702
    County: Pima
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Phoenix
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Tucson, AZ (#8520)
    Core Based Statistical Area (CBSA): Tucson, AZ (#46060)
    CBSA Metro Statistical Area: Tucson, AZ (#46060)
  • Financial Summary
  • Total assets: $1,327.5 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 361Total employees (full-time equivalent)
  • $803,414Total assets
  • $31,675Cash and due from depository institutions
  • $9Interest-bearing balances
  • $163,424Securities
  • $22,000Federal funds sold & reverse repurchase agreements
  • $549,709Net loans & leases
  • $9,916Loan loss allowance
  • $0Trading account assets
  • $18,459Bank premises and fixed assets
  • $0Other real estate owned
  • $30Goodwill and other intangibles
  • $0Life insurance assets
  • $18,117All other assets
  • $803,414Total liabilities and capital
  • $752,979Total liabilities
  • $682,560Total deposits
  • $641,714Interest-bearing deposits
  • $682,560Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $53,160Other borrowed funds
  • $10,000Subordinated debt
  • $7,259All other liabilities
  • $50,435Total equity capital
  • $50,435Total bank equity capital
  • $50,435Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $37,978Undivided profits
  • Memoranda
  • $12,457Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $733Earning assets
  • $0Long-term assets (5+ years)
  • $7,980Average Assets, year-to-date
  • $735,142Average Assets, quarterly
  • $178,757Volatile liabilities
  • $769,402Insider loans
  • $804,016FHLB advances
  • $31,271Loans and leases held for sale
  • $196Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $563Total risk weighted assets
  • $55,895Total unused commitments
  • $0Restructured Loans and leases
  • $617,134Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $63,293Total interest income
  • $26,033Total interest expense
  • $37,260Net interest income
  • $7,175Provision for loan and lease losses
  • $4,340Total noninterest income
  • $0Fiduciary activities
  • $2,557Service charges on deposit accounts
  • $132Trading account gains & fees
  • $1,651Additional noninterest income
  • $37,096Total noninterest expense
  • $16,503Salaries and employee benefits
  • $4,509Premises and equipment expense
  • $16,084Additional noninterest expense
  • -$2,671Pre-tax net operating income
  • $306Securities gains (losses)
  • $336Applicable income taxes
  • -$2,701Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,701Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $4,974Sale, conversion, retirement of capital stock, net
  • $2,996Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 9.01%Yield on earning assets
  • 3.71%Cost of funding earning assets
  • 5.31%Net interest margin
  • 0.62%Noninterest income to earning assets
  • 5.28%Noninterest expense to earning assets
  • -0.39%Net operating income to assets
  • -0.35%Return on assets (ROA)
  • -0.31%Pretax return on assets
  • -4.99%Return on equity (ROE)
  • -10.53%Retained earnings to average equity (YTD only)
  • 0.88%Net charge-offs to loans
  • 144.25%Credit loss provision to net charge-offs
  • 0.91%Efficiency ratio
  • 89,163Assets per employee
  • 2.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -110.92%Loss allowance to loans
  • 1.77%Loss allowance to noncurrent loans
  • 1352.80%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.13%Net loans and leases to deposits
  • 80.54%Net loans and leases to core deposits
  • 84.38%Equity capital to assets
  • 6.28%Core capital (leverage) ratio
  • 6.19%Tier 1 risk-based capital ratio
  • 8.10%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $769,402Average earning assets
  • $54,091Average equity
  • $702,089Average loans

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