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)
  • Show street view No street view available for this location

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

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Arizona Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents