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

This bank is inactive as of January 24, 2011

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

  • General
  • FDIC Certificate #: 34189
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Bank of Tucson (#34708)
    Federal Reserve ID: 2412072
    Date Established: June 27, 1996
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 56847
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 27, 1996
    Last Structure Change Effective Date: January 24, 2011
    Last Structure Change Process Date: Febuary 08, 2011
    Last Data Update: Febuary 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4400 East Broadway Boulevard, Tucson, AZ 85711
    County: Pima
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    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)
  • History of Changes
  • Merger - Without Assistance
    Office Sold
  • Financial Summary
  • Total assets: $224.4 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, 2010)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $224,412Total assets
  • $56,329Cash and due from depository institutions
  • $50,528Interest-bearing balances
  • $4,007Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $156,954Net loans & leases
  • $2,380Loan loss allowance
  • $0Trading account assets
  • $924Bank premises and fixed assets
  • $1,447Other real estate owned
  • $0Goodwill and other intangibles
  • $769Life insurance assets
  • $4,751All other assets
  • $224,412Total liabilities and capital
  • $208,851Total liabilities
  • $208,159Total deposits
  • $139,344Interest-bearing deposits
  • $208,159Deposits held in domestic offices
  • 71.42%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $692All other liabilities
  • $15,561Total equity capital
  • $15,561Total bank equity capital
  • $15,561Perpetual preferred stock
  • $0Common stock
  • $1,916Surplus
  • $3,548Undivided profits
  • Memoranda
  • $10,097Noncurrent loans and leases
  • $22,268Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $7,711Earning assets
  • $0Long-term assets (5+ years)
  • $606Average Assets, year-to-date
  • $211,489Average Assets, quarterly
  • $44,749Volatile liabilities
  • $216,597Insider loans
  • $219,673FHLB advances
  • $22,126Loans and leases held for sale
  • $3,174Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $22,268Total unused commitments
  • $5,938Restructured Loans and leases
  • $2,092Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $11,434Total interest income
  • $1,043Total interest expense
  • $10,391Net interest income
  • $2,105Provision for loan and lease losses
  • $308Total noninterest income
  • $0Fiduciary activities
  • $406Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$98Additional noninterest income
  • $6,074Total noninterest expense
  • $2,463Salaries and employee benefits
  • $828Premises and equipment expense
  • $2,783Additional noninterest expense
  • $2,520Pre-tax net operating income
  • $0Securities gains (losses)
  • $959Applicable income taxes
  • $1,561Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,561Net income attributable to bank
  • $0Net charge-offs
  • $1,561Cash dividends
  • $1,629Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 5.13%Net interest margin
  • 0.15%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 0.72%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.16%Pretax return on assets
  • 8.71%Return on equity (ROE)
  • -19.18%Retained earnings to average equity (YTD only)
  • 1.02%Net charge-offs to loans
  • 129.22%Credit loss provision to net charge-offs
  • 2.84%Efficiency ratio
  • 56,772Assets per employee
  • 5.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 320.31%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 30.86%Noncurrent assets plus other real estate owned to assets
  • 4.08%Noncurrent loans to loans
  • 4.84%Net loans and leases to deposits
  • 75.40%Net loans and leases to core deposits
  • 84.37%Equity capital to assets
  • 6.93%Core capital (leverage) ratio
  • 7.09%Tier 1 risk-based capital ratio
  • 9.31%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $216,597Average earning assets
  • $17,931Average equity
  • $202,421Average loans

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