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


Bank of Tucson - Overview

  • General
  • FDIC Certificate #: 34708
    Status: Active
    Federal Reserve ID: 2671105
    Bank Holding Company (Regulatory Top Holder): Grandpoint Capital, Inc. (RSSDID: 3811832, Location: Los Angeles, CA)
    Date Established: August 17, 1998
    WWW: http://www.bankoftucson.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 61312
    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: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 17, 1998
    Last Structure Change Effective Date: November 04, 2011
    Last Structure Change Process Date: November 04, 2011
    Last Data Update: November 04, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4400 E. Broadway, 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
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $302.8 mil
    Equity capital: $46.5 mil
    Deposits held in domestic offices: $253.6 mil
    Return on assets (ROA): 0.80% ($2.4 mil)
    Quarterly return on assets: 0.98% ($3.0 mil)
    Return on Equity (ROE): 5.48% ($2.6 mil)
    Quarterly return on equity: 6.50% ($3.1 mil)
    Net income: $2.1 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.30% ($3,936.8 mil)
    Quarterly Pretax return on assets: 1.60% ($4,845.2 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
  • 63Total employees (full-time equivalent)
  • $302,828Total assets
  • $74,973Cash and due from depository institutions
  • $70,109Interest-bearing balances
  • $48,369Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $150,866Net loans & leases
  • $1,100Loan loss allowance
  • $0Trading account assets
  • $2,514Bank premises and fixed assets
  • $84Other real estate owned
  • $15,923Goodwill and other intangibles
  • $302,828Life insurance assets
  • $10,099All other assets
  • $256,323Total liabilities and capital
  • $253,581Total liabilities
  • $169,866Total deposits
  • $253,581Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $1,742Subordinated debt
  • $46,505All other liabilities
  • $46,505Total equity capital
  • $46,505Total bank equity capital
  • $0Perpetual preferred stock
  • $45,105Common stock
  • $0Surplus
  • $1,400Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,706Income earned, not collected on loans
  • $0Earning assets
  • $718Long-term assets (5+ years)
  • $269,344Average Assets, year-to-date
  • $33,267Average Assets, quarterly
  • $266,003Volatile liabilities
  • $303,446Insider loans
  • $175,875FHLB advances
  • $285,086Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $23,009Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,896Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,266Total interest income
  • $857Total interest expense
  • $14,409Net interest income
  • $1,246Provision for loan and lease losses
  • $474Total noninterest income
  • $0Fiduciary activities
  • $373Service charges on deposit accounts
  • $0Trading account gains & fees
  • $101Additional noninterest income
  • $10,172Total noninterest expense
  • $4,534Salaries and employee benefits
  • $1,369Premises and equipment expense
  • $4,269Additional noninterest expense
  • $3,465Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,337Applicable income taxes
  • $2,128Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,128Net income attributable to bank
  • $0Net charge-offs
  • $2,128Cash dividends
  • $146Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.50%Yield on earning assets
  • 0.36%Cost of funding earning assets
  • 6.13%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 4.33%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.80%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 5.48%Return on equity (ROE)
  • 5.48%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 853.42%Credit loss provision to net charge-offs
  • 32.27%Efficiency ratio
  • 66,472Assets per employee
  • 4.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.72%Loss allowance to noncurrent loans
  • 29.68%Noncurrent assets plus other real estate owned to assets
  • 1.25%Noncurrent loans to loans
  • 2.44%Net loans and leases to deposits
  • 59.49%Net loans and leases to core deposits
  • 62.25%Equity capital to assets
  • 15.36%Core capital (leverage) ratio
  • 8.07%Tier 1 risk-based capital ratio
  • 13.08%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $266,003Average earning assets
  • $38,848Average equity
  • $234,970Average loans

List of branches

  • 2 Arizona Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061312Bank Of Tucson4400 E. Broadway, Tucson, AZ 85711August 17, 1998Full Service Brick and Mortar
    156847Bank Of Tucson Branch6400 North Oracle Road, Tucson, AZ 85704June 27, 1996Full Service Brick and Mortar

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