Bank of America New Mexico, National Association in Albuquerque, New Mexico (NM)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1997

  • Bank of America New Mexico, National Association in Albuquerque, New Mexico (NM)
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Bank of America New Mexico, National Association - Overview

  • General
  • FDIC Certificate #: 33326
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of America, National Association (#3510)
    Federal Reserve ID: 1833090
    Date Established: March 01, 1991
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 51 (Interstate: No)
    FDIC's unique #: 46876
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    SAIF Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: March 01, 1991
    Last Structure Change Effective Date: January 01, 1997
    Last Structure Change Process Date: January 10, 1997
    Last Data Update: January 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 201 3rd Street, Albuquerque, NM 87102
    County: Bernalillo
    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
    Metropolitan Statistical Area (MSA): Albuquerque, NM (#200)
    Core Based Statistical Area (CBSA): Albuquerque, NM (#10740)
    CBSA Metro Statistical Area: Albuquerque, NM (#10740)
  • Financial Summary
  • Total assets: $950.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $390Total assets
  • $950,775Cash and due from depository institutions
  • $75,015Interest-bearing balances
  • $46Securities
  • $49,243Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $794,412Loan loss allowance
  • $5,605Trading account assets
  • $0Bank premises and fixed assets
  • $18,400Other real estate owned
  • $938Goodwill and other intangibles
  • $7,933Life insurance assets
  • $4,834All other assets
  • $0Total liabilities and capital
  • $950,775Total liabilities
  • $878,339Total deposits
  • $826,220Interest-bearing deposits
  • $668,987Deposits held in domestic offices
  • 826220.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $36,605Trading liabilities
  • $0Other borrowed funds
  • $10,000Subordinated debt
  • $0All other liabilities
  • $5,514Total equity capital
  • $5,514Total bank equity capital
  • $72,436Perpetual preferred stock
  • $0Common stock
  • $28,500Surplus
  • $55,948Undivided profits
  • Memoranda
  • $-12,012Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,318Income earned, not collected on loans
  • $4,215Earning assets
  • $843,701Long-term assets (5+ years)
  • $333,493Average Assets, year-to-date
  • $955,284Average Assets, quarterly
  • $939,526Volatile liabilities
  • $83,187Insider loans
  • $785FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $114,729Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $69,026Total risk weighted assets
  • $684,012Total unused commitments
  • $0Restructured Loans and leases
  • $55,000Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $63,789Total interest expense
  • $29,222Net interest income
  • $34,567Provision for loan and lease losses
  • $2,664Total noninterest income
  • $13,229Fiduciary activities
  • $0Service charges on deposit accounts
  • $9,898Trading account gains & fees
  • $0Additional noninterest income
  • $3,331Total noninterest expense
  • $48,912Salaries and employee benefits
  • $14,798Premises and equipment expense
  • $5,694Additional noninterest expense
  • $28,420Pre-tax net operating income
  • -$3,780Securities gains (losses)
  • $0Applicable income taxes
  • -$1,241Income before extraordinary items
  • -$2,539Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,539Net charge-offs
  • $1,523Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.46%Cost of funding earning assets
  • 3.42%Net interest margin
  • 4.04%Noninterest income to earning assets
  • 1.55%Noninterest expense to earning assets
  • 5.72%Net operating income to assets
  • -0.27%Return on assets (ROA)
  • -0.27%Pretax return on assets
  • -0.40%Return on equity (ROE)
  • -2.96%Retained earnings to average equity (YTD only)
  • -2.96%Net charge-offs to loans
  • 0.20%Credit loss provision to net charge-offs
  • 174.92%Efficiency ratio
  • 101,257Assets per employee
  • 2.44%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.70%Loss allowance to noncurrent loans
  • 60.15%Noncurrent assets plus other real estate owned to assets
  • 1.08%Noncurrent loans to loans
  • 1.16%Net loans and leases to deposits
  • 96.15%Net loans and leases to core deposits
  • 100.60%Equity capital to assets
  • 7.62%Core capital (leverage) ratio
  • 7.48%Tier 1 risk-based capital ratio
  • 10.09%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $955,284Average earning assets
  • $85,654Average equity
  • $854,888Average loans

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